Q3 and Q4 2023 Corporate Highlights
Kışladağ
Kışladağ is a low-grade, bulk-tonnage, open pit operation that uses heap
leaching for gold recovery
OVERVIEW
Location
Uşak Province, Türkiye
Ownership
100%
Mine type
Open pit, heap leach
Metals mined
Gold
Deposit type
Processing
method
Gold porphyry
Heap leach
Black Sea
RESERVES AND RESOURCES (2)
Contained
Tonnes
Grade
(x1000)
(g/t Au)
Ounces
(x1000 Au)
P&P Reserves
176,576
0.67
3,759
Ankara
©
M&I Resources
330,317
0.59
6,290
Inferred Resources
7,529
0.44
107
TÜRKIYE
GREECE
Kışladağ
Life of mine
2022 Results
13 years based on Reserves
135,801 ozs produced at
$1,000/oz AISC(1) and C1
Cost (1) of $773/oz sold
Production: 154,850 ozs
2023 FY
Results (3)
Q3 YTD: Cash Operating Cost
(C1)(1): $671/oz sold
eldorado gold (1)
(3)
Mediterranean Sea
Europe
•
Enhancing Efficiencies
Kışladağ opportunity to increase throughput and
recoveries beyond planned 56%
Completed commissioning of the fine-ore
agglomeration circuit, and is performing as
expected; Upgraded materials handling and
agglomeration systems
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.
Preliminary Gold Production as announced on January 15, 2024. Please refer to the news release for more information.
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