Skouries Project Economic Overview slide image

Skouries Project Economic Overview

Efem çukuru High-grade underground operation located in Izmir Province in western Turkey Location Ownership OVERVIEW Izmir Province, Turkey 100% RESERVES AND RESOURCES (1) Black Sea Tonnes Grade Contained Ounces (x1000) (g/t Au) (x1000 Au) Ankara Mine type Underground O TURKEY Metals Gold P&P Reserves M&I Resources 3,167 6.02 613 4,335 6.75 941 mined GREECE Efemçukuru Inferred Resources 4,919 5.95 941 Processing method Flotation circuit to produce gold concentrate Mediterranean Sea Deposit type Epithermal gold Life of mine 9 years 2020 Results 99,835 ozs produced at $918/oz AISC • Efemçukuru improvements sustain low-cost 2021Q3 YTD 70,076 ozs Maintain low-cost production production such as the implementation of column flotation to improve concentrate grade Production Cash operating costs below $600/oz for 5+ years eldorado gold 14 (1) Please refer to the Company's annual information form dated March 30, 2021 for more information with respect to the mineral resources and mineral reserves.
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