AURIZON MINES (AZK)

AURIZON MINES HIGHLIGHTS

Flagship 155,000 oz./yr Casa Berardi – Long Mine Life, Low Costs, Exploration Upside – Aurizon re-started operations in November 2006 at Casa Berardi, located in the Abitibi region of north-western Quebec, Canada. On October 27, 2010 the company reported an updated mineral resource estimate for the Principal Area of the project, which showed a 94% increase to 690,000 ounces of gold in Measured and Indicated In-Pit Mineral Resources.

Next Mine, Joanna, to Boost Gold Production to est. 260,000 ounces per annum – The company owns a 100% interest, subject to certain underlying royalties, in five of the six sectors comprising the Joanna Project, also located in the Abitibi region of north-western Quebec, Canada. Aurizon is conducting a $3.4 million surface exploration program, while two drill rigs are currently active on the project.

Strong Balance Sheet – over $200m in Cash and No Debt – Aurizon Mines has maintained a flexible financial position, and with continued cash flow generation is funded for future growth.

Politically-Secure, Mining-Friendly Jurisdiction in Quebec, Canada – All nine of Aurizon’s properties are located in the Abitibi region of north-western Quebec, Canada, one of the world’s premier mining jurisdictions.

AURIZON MINES RECENT DEVELOPMENTS

“Excellent” Results at Casa Berardi May 15, 2012 Aurizon Mines announced additional results from the 2011-2012 drill program on Zone 123 at its Casa Berardi Mine in north-western Quebec. The Canadian-based gold mining company reported that based on these results, underground in-fill drilling will continue until year end using one or two drill rigs from the 810 metre exploration drift to define the down dip and the up-dip extensions of the zones. An updated mineral resource estimate will be completed as of December 31, 2012.

238% Rise in Earnings May 10, 2012 Aurizon Mines reported quarterly financial results for the three months ended March 31, 2012. The Canadian gold mining company generated net income of $8.3 million, or $0.05 per share – a 238% increase over the $2.4 million, or $0.02 per share, earned in the first quarter of 2011. Aurizon also reiterated its full-year production forecast of 155,000-160,000 ounces of gold at total cash costs of $600 per ounce.

High-Grade Results at Marban April 26, 2012 Aurizon Mines announced new drill results from the Phase Two program conducted under the terms of the Company’s earn-in option on the Marban property, located in the Malartic gold camp in the Abitibi region of Quebec, Canada. To date, 75 holes and nine extensions of previous holes have been completed for a total of 26,380 meters. The Phase Two program and updated resource estimate are expected to be completed by the end of the second quarter of 2012.

AURIZON MINES SHARE PERFORMANCE

AZK HAS OUTPERFORMED

S&P 500Aurizon Mines has posted a return of more than seven times that of the broader stock market in 2010.

GoldAurizon’s year-to-date return is more than double that of the price of gold.

GDXThe Canadian-based gold producer has vastly outperformed the large-cap gold stocks this year.

GDXJAurizon has outpaced the majority of small- and mid-cap gold stocks in 2010.

AZK VS BENCHMARKS IN 2010

Premier continues to outperform benchmarks

AURIZON MINES IN THE NEWS

LOCATED IN TOP MINING JURISDICTION QUEBEC, CANADA

KEY UPCOMING CATALYSTS

2012
Ongoing Exploration at Casa Berardi
$9.4 million will be invested in 2012 on exploration at Casa Berardi which will include approximately 88,000 meters of surface and underground diamond drilling. The primary objective of the drilling will be to improve the quality of the known reserves and resources as well as exploring for extensions of these structures.

2012
Growing Resources & Reserves
- Aurizon provided detailed plans to continue growing its resources and reserves in 2012 through aggressive exploration. Beginning in 2011 through 2013, annual gold production of 155,000-160,000 ounces is expected at total cash costs of $600 per ounce, as the mine plan includes more areas containing material with the average underground reserve grade of approximately 8 grams per tonne of gold.

2012
Final Feasibility
at Joanna – In November 2009, Aurizon received a positive pre-feasibility study on the Hosco deposit at Joanna and is now proceeding to final feasibility. As a result of additional metallurgical test work and optimization plans, completion of the Feasibility Study is now expected by the middle of 2012.