Eldorado Gold Operational and Financial Update
Olympias: Transformation Initiatives
Initiatives support Eldorado's 2023 guidance and continued transformation objectives
Bulk Emulsion Blasting System
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Improves explosive distribution in the drilled holes
Yields greater advance per blasted round, enhancing the development rate
Implemented in Q2 2023
Ventilation System Upgrade
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Designed to provide safe access to lower areas of the mine increasing the number of development
headings we can effectively work on
Surface fan installation tied into system in early Q3 2023 aimed to debottleneck ventilation, in addition
to 150kv substation energized
Workforce & Equipment Management
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Performance based incentives for workforce implemented
Focus on continued management and maintenance of equipment
eldorado gold
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