Aurasian Minerals appoints to its Board of Directors: Peter Mullens as CEO and Gokhan Kantarcigil as Non-Executive Director

– UK, London – Aurasian Minerals is pleased to announce the appointments of Peter James Mullens as Chief Executive Officer and Gokhan Kantarcigil as a non-executive director of the Company. Both appointments will be effective immediately following the conclusion of the Annual General Meeting.

Mr. Peter James Mullens joins the board as Chief Executive Officer. He brings to the Company over 30 years of experience in mining and exploration geology. His experience includes mine geology, grass roots exploration, feasibility work and business development. Mr. Mullens is currently a director of Royal Road Minerals, a TSX-V listed minerals exploration company. He was previously a founder of Lydian International, an emerging gold developer with a gold project in Armenia. While he was Chief Geologist and Business Development Manager with Aquiline Resources, Mr. Mullens identified the Calcatreu and Navidad assets which were acquired from Newmont Mining in October 2002. Aquiline Resources was later sold to Pan American Silver in 2009 for approximately US$650m.

Mr. Gokhan Kantarcigil joins the board as a non-executive director. Mr. Kantarcigil has over 15 years’ experience in the mining industry having started his early career as a commodities trader. Mr. Kantarcigil was Founder and CEO of VTG Holdings, a private mining and exploration company with interests in Turkey, South Africa and Colombia. In particular, he and his partners discovered the Brummersheim coal project in South Africa which was funded privately and currently produces in excess of 1 million tons of thermal coal per year.

Commenting on the appointments and Subscription, Mr. Bruce Kay, Chairman of AuM, said: “I am delighted to welcome Pete and Gokhan to the board. Their experience in identifying and developing assets through the exploration and production cycle will be invaluable as we seek to create value for all of Aurasian’s shareholders. Their investment in the Company demonstrates their commitment and we very much look forward to working with them.”

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