Q3 and Q4 2023 Corporate Highlights
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
15 years based on Reserves;
additional 2 years based on
Resources
Mediterranean
Sea
2022 Results
56,333 ozs produced at $2,155/oz
AISC(1) and C1 Cost (1) of $1,409/oz
sold
Europe
.
Production: 67,133 ozs
2023 FY Results (3)
Q3 YTD: Cash Operating Cost
(C1)(1): $1,096/oz sold
eldorado gold
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
These are non-IFRS financial measures or ratios. See Slide 2 'Non-IFRS Measures' for more information. (2) Please refer to the Appendix for more information with respect to the mineral
resources and mineral reserves.(3) Preliminary Gold Production as announced on January 15, 2024. Please refer to the news release for more information.
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