Historical Operating Results and Sustainability Framework
Perama Hill
Low-cost epithermal gold-silver project with transformative growth potential
RESERVES AND RESOURCES (2)
OVERVIEW
Location
Ownership
Thrace, Greece
100%
Mine type
Open pit
Metals
Gold, Silver
mined
Deposit type
Epithermal gold-silver
Life of
mine(3)
10 years based on
Reserves
GREECE
Perama Hill
Athens
Tonnes
(x1000)
Grade
(g/t Au)
Contained
Ounces
(x1000 Au)
Grade
Contained
Ounces
(g/t Ag)
(x1000 Ag)
P&P Reserves
10,292
3.01
995
5.0
1,639
TÜRKIYE
M&I Resources
14,066
3.04
1,374
7.0
2,994
Inferred Resources
1,136
1.63
59
2.0
83
Grades (3)
Expected
production (3)
Expected
costs (3)
High grade (3.2 g/t), open
pit strip ratio of ~0.3
Approximately 100,000 oz
Au per year
Cash operating costs (1)
$430/oz
(1)
eldorado gold (2)
(3)
Mediterranean
Sea
•
Europe
•
Supports the Growth Pipeline
Next mine expected to be developed after Skouries
Exploration potential in the Thrace region supports
opportunities for growth
Excluded from Hellas Gold Greek bank financing and
not guaranteed under Senior Notes
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.
Data here and elsewhere in this presentation is from the Perama Hill Technical Report dated January 2010.
26View entire presentation