Skouries Project Economic Overview

Mineral Reserves (Gold, Silver) as of September 30,2020 Proven Mineral Reserves Probable Mineral Reserves Total Proven and Probable Project Tonnes Au Contained Au Tonnes Au Contained Au Tonnes Au Contained Au GOLD (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000) Certej 22,788 1.93 1,414 21,500 1.43 988 44,288 1.69 2,402 Efemcukuru 2,012 6.30 407 1,155 5.54 206 3,167 6.02 613 Kisladag 194,314 0.70 4,352 13,236 0.54 228 207,550 0.69 4,580 Lamaque 425 5.23 71 4,569 6.91 1,015 4,994 6.76 1,086 Olympias 1,515 10.14 494 8,734 6.26 1,758 10,249 6.83 2,252 Perama Hill 3,088 4.03 400 9,410 2.81 850 12,498 3.11 1,250 Skouries 75,804 0.87 2,132 81,862 0.62 1,641 157,666 0.74 3,773 Tocantinzinho 17,007 1.52 831 21,898 1.35 950 38,905 1.42 1,781 TOTAL GOLD 316,953 0.99 10,101 162,364 1.46 7,636 479,317 1.15 17,737 Tonnes Ag Contained Ag Tonnes Ag Contained Ag Tonnes SILVER (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000) (x1000) Certej 22,788 10 7,004 21,500 12 8,551 44,288 ≖ཚ= Contained Ag g/t ounces (x1000) 15,555 Olympias 1,515 159 7,745 8,734 119 33,416 10,249 125 41,161 Perama Hill 3,088 4 403 9,410 8 2,277 12,498 7 2,680 Stratoni 0 0 0 560 148 2,665 560 148 2,665 TOTAL SILVER 27,391 17 15,152 40,204 36 46,909 67,595 29 62,061 eldorado gold 34

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