Oksut Q4

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Centerra Gold Inc. - Öksüt Gold Project Diamond Drill Locations Period October 1st, 2015 to December 31st, 2015 Page 1 of 1

Drill Hole

Target

Location Easting *

Location Northing *

Elevation (m)

Length (m)

Collar Azimuth **

Collar Dip

ODD0268

Guneytepe Infill

719,400

4,239,820

1,697

200.0

350

-50

ODD0269

Guneytepe Infill

719,259

4,239,824

1,660

206.6

325

-45

ODD0270

Guneytepe Infill

719,261

4,239,820

1,658

176.0

185

-45

ODD0271

Keltepe NW Exploration

718,770

4,240,992

1,675

259.0

257

-45

ODD0272

Keltepe NW Exploration

718,774

4,240,993

1,676

261.3

110

-45

ODD0273

Keltepe NW Exploration

718,963

4,241,334

1,693

138.6

300

-50

ODD0274

Keltepe NW Exploration

718,963

4,241,335

1,693

124.0

90

-50

ODD0275

Keltepe NW Exploration

718,876

4,241,310

1,667

194.2

60

-50

ODD0276

Keltepe NW Exploration

718,875

4,241,309

1,667

184.0

180

-50

* Datum is UTM ED50 Zone 36 ** Azimuths are relative to grid Notes: This information should be read together with our news release of February 24th, 2016. Malcolm Stallman, 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 December 31st, 2015.

Centerra Gold Inc. - Öksüt Gold Project Drill Results Period October 1st, 2015 to December 31st, 2015 Page 1 of 1

Drill Hole

ODD268

ODD269

ODD270

ODD271

To (m)

Core Length (m)

Au (g/t)

Oxidation

0.0

7.7

7.7

0.70

oxide

14.2

81.0

66.8

0.94

oxide

includes

35.0

45.0

10.0

1.65

oxide

and

58.0

65.0

7.0

2.60

oxide

91.0

101.0

10.0

0.27

oxide

6.0

102.6

96.6

0.41

oxide/sulphide

includes

6.0

89.4

83.4

0.43

oxide/sulphide

and

89.4

94.4

5.0

0.34

sulphide

and

94.4

102.6

8.2

0.25

oxide

3.1

20.0

16.9

0.72

oxide

43.0

49.5

6.5

0.36

oxide

59.3

92.0

32.7

0.41

oxide/sulphide

includes

59.3

78.7

19.4

0.41

oxide

and

78.7

92.0

13.3

0.41

sulphide

138.0

151.5

13.5

0.40

sulphide

128.7

134.2

5.5

0.59

oxide/sulphide

162.3

171.3

9.0

0.55

oxide

195.4

217.5

22.1

1.23

oxide

200.8

209.8

9.0

2.53

oxide

155.4

167.8

12.4

0.23

oxide

178.0

193.7

15.7

0.25

oxide

199.7

261.3 (EOH)

61.6

0.74

oxide/partially oxidized

228.0

247.8

19.8

1.40

oxide

From (m)

Target

Guneytepe

Guneytepe

Guneytepe

Keltepe NW includes

ODD272

Keltepe NW includes

ODD273

Keltepe NW

No Significant Intercepts

ODD274

Keltepe NW

No Significant Intercepts

ODD275

Keltepe NW

ODD276

Keltepe NW

155.3

161.6

6.3

0.36

oxide

144.6

168.8

24.2

0.32

sulphide/partially oxidized

178.1

184(EOH)

5.9

0.20

sulphide

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 February 24th, 2016. Malcolm Stallman, 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 December 31st, 2015.

Öksüt Gold Project – Q4 2015

Öksüt Exploration: Drill Hole Plan Map ODD0275 ODD0276

Boztepe W

ODD0273 ODD0274

Keltepe NW ODD0271 ODD0272

Keltepe 2015 Keltepe Pit Design

Boztepe

Buyuktepe

ODD0269 ODD0270

This information should be read together with our news release of February 24th, 2016. Malcolm Stallman, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101.

ODD0268

Guneytepe 2015 Guneytepe Pit Design

1

Öksüt Gold Project – Q4 2015

Güneytepe Deposit: Drill Hole Plan and Section Locations

ODD0268

2015 Guneytepe Pit Design Au g/t Histogram > 1.5 1.0 to 1.5 0.5 to 1.0 0.2 to 0.5 0.01 to 0.2

This information should be read together with our news release of February 24th, 2016. Malcolm Stallman, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101.

Öksüt Gold Project – Q4 2015

Güneytepe Deposit, Section 330GT

(+/- 30m )

SW

NE 2015 Guneytepe Pit Design ODD0268 0.70 g/t Au / 7.7m

ODD0268

ODD0270 0.41 g/t Au / 96.6m

ODD0270 0.41 g/t Au / 19.4m

ODD0268 0.94 g/t Au / 66.8m includes 1.65 g/t Au / 10.0m

Legend Landslide / talus Diatreme breccia

ODD0270 0.41 g/t Au / 13.3m

Andesite

ODD0270 0.40 g/t Au / 13.5m Au g/t Drillhole Trace > 1.5

Hole Name Au g/t / Interval Length (m)

Oxide Interval

Hole Name Au g/t / Interval Length (m)

Oxide/Sulphide

Hole Name Au g/t / Interval Length (m)

Sulphide

Mineralized Interval > 1.00 g/t Au

1.0 to 1.5

Mineralized Interval > 0.20 g/t Au ( maximum 5.0m internal dilution )

0.5 to 1.0

Q4 2015 Drillhole

0.2 to 0.5

2015 Drillhole

0.01 to 0.2

This information should be read together with our news release of February 24th, 2016. Malcolm Stallman, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101.

Pre-2015 Drillhole

Öksüt Gold Project – Q4 2015

Güneytepe Deposit, Section 390GT

(+30m/- 60m )

SW

NE 2015 Guneytepe Pit Design ODD0269 0.41 g/t Au / 96.6m includes 0.43 g/t Au / 83.4

ODD0269 ODD0270

ODD0268

ODD0270 0.72 g/t Au / 16.9m

ODD0268 0.27 g/t Au / 10.0m

ODD0270 0.36 g/t Au / 6.5m

Legend Landslide / talus

ODD0270 0.41g/t Au / 32.7m Includes 0.41 g/t Au / 19.4m ODD0269 0.34 g/t Au / 5.0m

ODD0268 0.94 g/t Au / 66.8m includes 2.60 g/t Au / 7.0m

Diatreme breccia Andesite

ODD0269 0.25 g/t Au / 8.2m

Au g/t Drillhole Trace > 1.5

Hole Name Au g/t / Interval Length (m)

Oxide Interval

Hole Name Au g/t / Interval Length (m)

Oxide/Sulphide

Hole Name Au g/t / Interval Length (m)

Sulphide

Mineralized Interval > 1.00 g/t Au

1.0 to 1.5

Mineralized Interval > 0.20 g/t Au ( maximum 5.0m internal dilution )

0.5 to 1.0

Q4 2015 Drillhole

0.2 to 0.5

2015 Drillhole

0.01 to 0.2 This information should be read together with our news release of February 24th, 2016. Malcolm Stallman, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101.

Pre-2015 Drillhole

Öksüt Gold Project – Q4 2015

Keltepe NW: Drill Hole Plan and Section Locations

ODD0276

ODD0271

ODD0272

Au g/t Histogram > 1.5 1.0 to 1.5 0.5 to 1.0 0.2 to 0.5 0.01 to 0.2

This information should be read together with our news release of February 24th, 2016. Malcolm Stallman, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101.

2015 Keltepe Pit Design

Öksüt Gold Project – Q4 2015

Keltepe NW, Section 50_KTNW

(+/- 25m )

SW

NE

ODD0250

ODD0218

Legend Landslide / talus Diatreme breccia

ODD0272 0.23 g/t Au / 12.4m ODD0272 0.25 g/t Au / 15.7m

Au g/t Drillhole Trace > 1.5 1.0 to 1.5 0.5 to 1.0 0.2 to 0.5

ODD0272 0.74 g/t Au / 61.6m

0.01 to 0.2

ODD0272 1.40 g/t Au / 19.8m

Andesite Hole Name Au g/t / Interval Length (m)

Oxide Interval

Hole Name Au g/t / Interval Length (m)

Oxide/Sulphide

Hole Name Au g/t / Interval Length (m)

Sulphide

Mineralized Interval > 1.00 g/t Au Mineralized Interval > 0.20 g/t Au ( maximum 5.0m internal dilution ) Q4 2015 Drillhole 2015 Drillhole Pre-2015 Drillhole

This information should be read together with our news release of February 24th, 2016. Malcolm Stallman, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101.

Öksüt Gold Project – Q4 2015

Keltepe NW, Section 100_KTNW

(+/- 25m )

SW

NE

ODD0271 0.59 g/t Au / 5.5m ODD0271 0.55 g/t Au / 9.0m

Legend Landslide / talus Diatreme breccia

Au g/t Drillhole Trace

ODD0271 1.23 g/t Au / 22.1m Includes 2.53 g/t Au / 9.0m

> 1.5 1.0 to 1.5 0.5 to 1.0

Andesite Hole Name Au g/t / Interval Length (m)

Oxide Interval

Hole Name Au g/t / Interval Length (m)

Oxide/Sulphide

Hole Name Au g/t / Interval Length (m)

Sulphide

Mineralized Interval > 1.00 g/t Au

0.2 to 0.5 0.01 to 0.2

Mineralized Interval > 0.20 g/t Au ( maximum 5.0m internal dilution ) Q4 2015 Drillhole 2015 Drillhole Pre-2015 Drillhole

This information should be read together with our news release of February 24th, 2016. Malcolm Stallman, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101.

Öksüt Gold Project – Q4 2015

Keltepe NW, Section 400_KTNW

(+/- 25m )

SW

NE

Legend Landslide / talus Diatreme breccia

ODD0276 0.32 g/t Au / 24.2m Au g/t Drillhole Trace

ODD0276 0.20 g/t Au / 5.9m

> 1.5 1.0 to 1.5 0.5 to 1.0

ODD0275 0.36 g/t Au / 6.3m

Andesite Hole Name Au g/t / Interval Length (m)

Oxide Interval

Hole Name Au g/t / Interval Length (m)

Oxide/Sulphide

Hole Name Au g/t / Interval Length (m)

Sulphide

Mineralized Interval > 1.00 g/t Au

0.2 to 0.5 0.01 to 0.2

Mineralized Interval > 0.20 g/t Au ( maximum 5.0m internal dilution ) Q4 2015 Drillhole 2015 Drillhole Pre-2015 Drillhole

This information should be read together with our news release of February 24th, 2016. Malcolm Stallman, a Member of the Australian Institute of Geoscientists (AIG), is Centerra’s qualified person for the purpose of National Instrument 43-101.