Perama Hill Project Overview slide image

Perama Hill Project Overview

Olympias Carbonate replacement style deposit with high gold-grades and an orebody that will allow for mining rates up to 1 million tonnes per year OVERVIEW Location Ownership Halkidiki Peninsula, Greece Mine type 100% Underground Metals mined Gold, Silver, Lead, Zinc GREECE Processing method Milling circuit followed by flotation Commercial production 2017 RESERVES AND RESOURCES (2) Contained Contained Tonnes (x1000) Grade Grade (g/t Au) Ounces (x1000 Au) Ounces (g/t Ag) (x1000 Ag) Olympias P&P Reserves 8,856 6.70 1,907 126 35,810 TÜRKIYE M&I Resources 12,439 8.00 3,198 147 58,619 Inferred Resources 2,339 7.84 589 179 13,488 Athens Life of mine 2022 Results 15 years based on Reserves; additional 2 years based on Resources 56,333 ozs produced at $2,155/oz AISC(1) and C1 Cost (1) of $1,409/oz sold Production: 49,251 ozs 2023 Q3 YTD Cash Operating Cost (C1)(1): $1,096/oz sold eldorado gold Mediterranean Sea Europe Focus on Growth Continue to work on productivity improvements Modified Environmental Impact Assessment ("EIA") to the Kassandra Mines approved, allowing the expansion of the Olympias processing facility to 650 ktpa and improvements to the Stratoni port (1) These are non-IFRS financial measures or ratios. See Slide 2 'Non-IFRS Measures' for more information. Please refer to the Appendix for more information with respect to the mineral resources and mineral reserves. (2) 23
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