Skouries Project Economic Overview slide image

Skouries Project Economic Overview

Lamaque Underground gold mine located in Val-d'Or, Quebec. The high-grade orogenic Triangle deposit feeds the initial 8-year mine life. OVERVIEW Location Ownership RESERVES AND RESOURCES (1) Québec, Canada 100% Hudson Bay Mine type Underground Metals Gold mined Processing method Milling circuit followed by a leach and CIP circuit Contained Tonnes Grade Ounces (x1000) (g/t Au) (x1000 Au) P&P Reserves 4,994 6.76 1,086 M&I Resources 7,118 7.96 1,821 CANADA Lamaque Inferred Resources 9,280 6.95 2,074 Montreal Inferred Resources - Ormaque 2,620 9.53 803 Toronto USA Commercial 2019 production Life of mine 8 years 2020 Results 144,141 ozs produced at $827/oz AISC 2021 Q3 YTD 101,847 ozs Production > eldorado gold (1) Please refer to the Company's annual information form dated March 30, 2021 for more information with respect to the mineral resources and mineral reserves. • Exploration Upside Large resource base and exploration upside from nearby targets Strategic land positions in highly-prospective jurisdictions; QMX acquisition increased land package by 5.5x. 15
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