Eldorado Gold Operational and Financial Update
5-Year Operating Outlook Includes Skouries
Production (midpoint) increasing over 5 years driven by growth projects
Five-Year Operating Outlook (1)
Production (oz)
2022
2023E (2)
2024E
2025E
2026E
2027E
Kışladağ
135,801
160-170 K
195-205 K
180-190 K
150-160 K
165-175 K
Lamaque
174,097
170-180 K
180-190 K
175-185 K
Efem çukuru
87,685
80-90 K
75-85 K
75-85 K
Olympias
56,333
60-75 K
65-75 K
Skouries
Total(2)
453,916
475 495 K(1,4)
515-555 K
75-85 K
80 - 90 K(3)
585 635 K
180-200 K
75-85 K
80 - 90 K
145-155 K
630 - 690 K
180-200 K
60-70 K
75-85 K
195 - 205 K
675-735 K
A
eldorado gold (1) Totals may not add. (2) As disclosed on Feb. 23, 2023. Ranges should not be relied upon. See footnote #4. (3) Includes expected pre-commercial production from
Skouries. First production is expected in H2 2025, followed by a ramp-up and commercial production by the end of 2025. (4) On Oct. 26, 2023, the Company announced
updated 2023 guidance ranges to reflect updated full-year expectations given the operational and financial performance year to date.
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