Oksut Q3 – 2017

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Turkey – Q3 2017

Öksüt Gold Project – Drill Hole Plan Map Keltepe NW

B

Keltepe

A

Büyüktepe D

Güneytepe C

Yelibelen This information should be read together with our news release of October 31, 2017. Mustafa Cihan, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101.

1

Turkey – Q3 2017

Öksüt Gold Project – Keltepe Section AB NE

SW

ODD0024 ODD0049 ODD0145 ODD0120

ODD0290

ODD0126

ODD0110

ODD0058

2015 Keltepe Pit Design

ODD0290 2.41 g/t Au / 148.9m including 5.96 g/t Au / 38.3m

2 This information should be read together with our news release of October 31, 2017. Mustafa Cihan, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101.

Turkey – Q3 2017

Öksüt Gold Project – Güneytepe Section CD NE ODD0281 1.85 g/t Au / 42.2m ODD0281 1.23 g/t Au / 80.8m

ODD0254

ODD0281

SW ODD0281 1.02 g/t Au / 9.50m 2015 Güneytepe Pit Design

ODD0281 0.43 g/t Au / 21 m

3 This information should be read together with our news release of October 31, 2017. Mustafa Cihan, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101.

Turkey – Q3 2017

Öksüt Gold Project – Keltepe Section ODD0291 NE ODD0199 ODD0158 ODD0138 ODD0183 ODD0081 ODD0094

SW

ODD0291

ODD0135 ODD0083 ODD0154 ODD0149 ODD0131

ODD0291 1.47 g/t Au / 137.30m including 2.32 g/t Au /65.40m

This information should be read together with our news release of October 31, 2017. Mustafa Cihan, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101.

ODD0084

Turkey – Q3 2017

Öksüt Gold Project – Güneytepe Section ODD282-283 NE ODD00010 ODD0180

ODD0012

ODD0282 0.58g/t Au / 49.6m

ODD0282 ODD0283 ODD0283 1.08 g/t Au / 42.3m

SW

2015 Güneytepe Pit Design

ODD0283 3.29 g/t Au / 8m

ODD0283 1.09 g/t Au / 31.7m

ODD0282 1.28 g/t Au / 12m

ODD0282 0.44 g/t Au / 20.5m 5

This information should be read together with our news release of October 31, 2017. Mustafa Cihan, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101.

Turkey – Q3 2017

Öksüt Gold Project – Güneytepe Section ODD287-288 ODD0288

Planned Drillhole 1

NE ODD0288 0.24 g/t Au / 9.8m

ODD0258

Planned Drillhole 2

ODD0287

ODD0035 ODD0030 ODD0257

2015 Güneytepe Pit Design ODD0288 1.35 g/t Au / 16.2m

SW

ODD0287 0.64 g/t Au / 22.4m

ODD0287 0.5 g/t Au / 27 m

This information should be read together with our news release of October 31, 2017. Mustafa Cihan, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101.

ODD0288 0.42 g/t Au / 25.3m ODD0288 0.62 g/t Au / 16.7m

Turkey – Q3 2017

Öksüt Gold Project – Güneytepe Section ODD285-286-289 NE Planned Drillhole

ODD0289 ODD0286 Planned Drillhole

SW

ODD0289 0.91 g/t Au / 6.8m

ODD0285

ODD0285 0.29 g/t Au / 10.9m ODD0289 0.22 g/t Au / 12.8m ODD0286 0.2 g/t Au / 5.9m

ODD0286 0.27 g/t Au / 9.6m

ODD0285 0.33 g/t Au / 50.7m

ODD0286 0.5 g/t Au / 12.8 m

This information should be read together with our news release of October 31, 2017. Mustafa Cihan, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101.

Centerra Gold Inc. - Oksut Gold Project Drill Results Period July 1st, 2017 to September 30th, 2017 Drill Hole

Target

ODD0281

Güneytepe infill

ODD0282

ODD0283

Güneytepe infill

Güneytepe infill

ODD0284

Güneytepe infill

ODD0285

Güneytepe step-out

ODD0286

Güneytepe step-out

ODD0287

ODD0288

ODD0289

From (m)

includes

includes

includes

Güneytepe infill

Güneytepe infill

Güneytepe step-out

includes

ODD0290

Keltepe infill

ODD0292

Keltepe infill

Core Length (m)

Cu (%)

Oxidation

0.0

80.8

80.8

1.23

oxide

17.0

59.2

42.2

1.85

oxide

80.8

110.0

29.2

0.49

sulphide

0.0

16.0

16.0

0.25

oxide

21.9

71.5

49.6

0.58

oxide

37.0

49.0

12.0

1.28

oxide

71.5

92.0

20.5

0.44

sulphide

0.0

42.3

42.3

1.07

oxide

15.2

23.2

8.0

3.29

oxide

42.3

74.0

31.7

1.10

sulphide

72.5

83.7

11.2

0.35

oxide

83.7

95.7

12.0

0.21

sulphide

5.0

15.9

10.9

0.29

oxide

56.8

107.5

50.7

0.33

oxide oxide

1.1

7.0

5.9

0.20

44.0

53.6

9.6

0.27

oxide

110.5

123.3

12.8

0.25

oxide

5.0

20.0

15.0

0.19

oxide

33.6

56.0

22.4

0.64

oxide

66.0

71.0

5.0

0.22

oxide

72.0

99.0

27.0

0.50

sulphide

14.0

23.8

9.8

0.24

oxide

61.5

77.7

16.2

1.35

oxide

83.7

109.0

25.3

0.42

oxide

133.5

150.2

16.7

0.62

oxide

1.0

7.8

6.8

0.91

oxide

47.0

59.8

12.8

0.22

oxide

81.8

231.2

148.9

2.41

oxide

82.8

100.0

17.2

2.54

oxide

includes

111.0

149.3

38.3

5.96

oxide

154.8

168.0

13.2

2.49

oxide

includes

175.0

189.0

13.5

1.12

oxide

includes

196.0

202.3

6.3

1.23

240.0

251.3

13.3

244.8

250.8

6.0

271.6

278.0

6.4

oxide 1.69

oxide/sulphide

3.41

sulphide

0.28

sulphide

71.6

209.4

137.3

1.47

oxide

includes

93.7

99.2

5.5

2.48

oxide

includes

107.2

173.1

65.4

2.32

oxide

includes

201.0

208.7

7.7

1.28

oxide

256.5

269.6

13.1

0.58

sulphide

277.0

287.3

10.3

0.55

sulphide

1.5

12.6

11.1

0.27

oxide

Yelibelen Exploration

Notes: Mineralized intervals are greater than 0.20 g/t Au. Higher grade sub-intervals are greater than 1.00 g/t Au. Minimum 5m width and maximum of 5m internal dilution. True widths for mineralized zones are about 60% to 90% of stated down hole interval. Oxidation assignment is a visual discrimination from core logging. This information should be read together with our news release of October 31, 2017. Mustafa Cihan, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101. Tables are current as of September 30th, 2017.

Au (g/t)

includes

includes

ODD0291

To (m)

Centerra Gold Inc. - Oksut Gold Project, Turkey Diamond Drill Hole Locations Period July 1st, 2017 to September 30th, 2017

Drill Hole

Target

Location Easting

Location Northing

Elevation (m)

Length (m)

Collar Azimuth

Collar Dip

ODD0281

Güneytepe infill

719,340

4,239,791

1,675

110

60

-50

ODD0282

Güneytepe infill

719,389

4,239,663

1,681

92

240

-60

ODD0283

Güneytepe infill

719,319

4,239,639

1,655

107

240

-75

ODD0284

Güneytepe infill

719,362

4,239,596

1,658

136

240

-60

ODD0285

Güneytepe step-out

719253.496

4,239,876

1,668

125

240

-60

ODD0286

Güneytepe step-out

719,284

4,239,893

1,679

154

240

-60

ODD0287

Güneytepe infill

719,223

4,239,787

1,649

99

60

-45

ODD0288

Güneytepe infill

719,417

4,239,888

1,707

171

240

-60

ODD0289

Güneytepe step-out

719,334

4,239,923

1,700

98

240

-60

ODD0290

Keltepe infill

719,300

4,240,396

1,789

292

77

-50

ODD0291

Keltepe infill

719,317

4,240,344

1,789

287

77

-55

ODD0292

Yelibelen Exploration

719,316

4,238,969

1,832

188

240

-60

Notes: This information should be read together with our news release of October 31, 2017. Mustafa Cihan, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101. Table is current as of September 31, 2017.

Projection: UTM ED50 Zone 36 Azimuth: relative to True North