Q3 and Q4 2023 Corporate Highlights
Québec, Canada
100%
Lamaque Complex
Underground gold mine located in Val-d'Or, Québec. The high-grade orogenic Triangle deposit
feeds the current mine life.
OVERVIEW
Location
Ownership
RESERVES AND RESOURCES (2)
Contained
Tonnes
Grade
Hudson Bay
Ounces
(x1000)
(g/t Au)
Mine type
Underground
(x1000 Au)
Metals mined
Gold
P&P Reserves - Lamaque Complex
4,454
6.12
877
Processing
method
Milling circuit followed by a leach
and CIP circuit
CANADA
Lamaque
M&I Resources - Triangle, Plug #4,
Parallel
6,810
7.67
1,679
Montreal
M&I Resources - Ormaque
309
19.24
191
Deposit type
Life of mine
2022 Results
Orogenic gold veins
-5 yrs Upper Triangle based on
Reserves
~8 yrs Lower Triangle and
Ormaque based on Resources
174,097 ozs produced at $1,036/cz
AISC(1) and C1 Cost (1) of $642/oz
sold
Production: 177,069 ozs
Toronto
USA
Inferred Resources - Lamaque
Complex
11,597
8.67
3,232
•
•
2023 FY
Results (3)
Q3 YTD: Cash Operating Cost
(C1)(1): $673/oz sold
eldorado gold
Exploration Upside
Advancing Ormaque resource conversion drilling
Large resource base and exploration upside from nearby
targets
Strategic land positions in highly-prospective jurisdictions
15
(1) These are non-IFRS financial measures or ratios. See Slide 2 'Non-IFRS Measures' for more information. (2) Please refer to the Appendix for more information with respect
to the mineral resources and mineral reserves. (3) Preliminary Gold Production as announced on January 15, 2024. Please refer to the news release for more information.View entire presentation