Skouries Project Economic Overview slide image

Skouries Project Economic Overview

Historical Operating Results - Efemçukuru Q3 2021 Q2 2021 Q1 2021 Q4 2020 Q3 2020 Q2 2020 Operating Data Tonnes milled 134,857 130,208 128,989 132,005 130,057 132,173 Head grade (g/t Au) 6.44 6.60 6.67 7.00 6.34 7.21 Average recovery rate (to concentrate) 94.5% 93.8% 93.6% 92.1% 95.0% 93.4% Gold ounces produced (1) 23,305 23,473 23,298 25,828 23,892 26,876 Gold ounces sold 23,825 23,006 24,130 24,956 24,471 25,692 Cash operating costs ($/oz sold) $552 $525 $525 $493 $561 $534 All-in sustaining costs ($/oz sold) $911 $917 $693 $989 $1,012 $807 Financial Data Gold revenue $41.0 $43.7 $38.7 $42.2 $50.3 $46.8 Depreciation and depletion $10.9 $10.7 $10.9 $11.3 $11.8 $11.1 Earnings from mine operations $14.4 $16.4 $14.3 $14.6 $19.6 $19.0 Sustaining capital expenditures (millions) $5.3 $3.8 $2.6 $7.3 $5.1 $3.6 (1) Payable metal produced (2021) eldorado gold 31
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