Historical Operating Results and Sustainability Framework
Efem çukuru
OVERVIEW
High-grade underground operation located in Izmir Province in western Türkiye
RESERVES AND RESOURCES (2)
Location
İzmir Province, Türkiye
Contained
Tonnes
Grade
Ownership
100%
Black Sea
(x1000)
(g/t Au)
Ounces
(x1000 Au)
Mine type
Underground
P&P Reserves
3,372
5.08
550
Ankara
Metals mined
Gold
O
M&I Resources
5,580
6.69
1,200
TÜRKIYE
Processing
method
Flotation circuit to produce gold
concentrate
GREECE
Inferred Resources
1,323
4.13
176
Efemçukuru
Deposit type
Epithermal gold
Mediterranean Sea
Life of mine
6 years based on Reserves
2022 Results
87,685 ozs produced at
$1,091/oz AISC(1) and C1 Cost(1)
of $701/oz sold
Production:
63,714 ozs
2023 Q3 YTD
Cash Operating Cost (C1)(1):
$791/oz sold
eldorado gold
(1)
(2)
Europe
•
.
Maintain low-cost production
Efemçukuru focused on continuous improvement
to sustain low-cost production
Efemçukuru met annual production guidance for
9th consecutive year, since 2014
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.
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