Skouries Project Economic Overview slide image

Skouries Project Economic Overview

US$ million Gold Production (Koz) 800 600 The Transformative Effect of Skouries Consolidated Production Profile¹,2 400 200 0 2021E 2022E 2023E 2024E 2025E I Existing Production Base Skouries Au Skouries LOM Cash Flow³ $5,000 $4,545 $4,000 $3,000 $2,000 $1,000 $0 LOM Cash Flow $2,476 $1,441 NPV(5%) NPV(10%) US$ million Gold Production (Koz) Skouries Production Profile² 250 0 -50 200 150 100 -100 -150 -200 50 -250 0 -300 Year 1 Year 2 Au Production Year 3 Year 4 Year 5 Total Cash Cost (By-Product) $500 Skouries Annual Cash Flow³ $422 $369 $400 $374 $326 $300 $244 $200 $100 $0 Year 1 Year 2 Base Case Year 3 Year 4 Incremental @ Spot Year 5 Base Case Incremental @ Spot Existing production base assumes mid-point of 2021 5-year guidance for Kisladag, Lamaque, Efemcukuru and Olympias Skouries figures based on March 2018 Prefeasibility Study eldorado gold (1) (2) (3) Base Case assumes 2018 PFS prices ($1,300/oz Au / $2.75/lb Cu). Spot assumes $1,800/oz Au and $4.50/lb Cu 18 Total Cash Cost ($/oz Au)
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