Eldorado Gold Files Technical Reports for Skouries and Lamaque
Eldorado Gold Corporation has filed two technical reports for its Skouries and Lamaque projects.
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Rhea-AI Summary
Eldorado Gold Corporation has filed two technical reports for its Skouries and Lamaque projects. The Skouries Technical Report, effective January 22, 2022, was prepared by certified professionals and outlines the project's feasibility. The Lamaque Technical Report, with an effective date of December 31, 2021, emphasizes significant economic potential. Both reports comply with NI 43-101 standards and are accessible on the Company’s website and SEDAR profile. Eldorado operates in multiple regions, including Turkey, Canada, Greece, and Romania, focusing on gold and base metals production.
Positive
- Filing of technical reports enhances transparency and compliance with NI 43-101 standards.
- Positive economic outlook from the Lamaque project, indicating significant increased economic upside.
Negative
- None.
Details
News Market Reaction – EGO
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VANCOUVER, British Columbia, March 31, 2022 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation ("Eldorado" or the "Company") today filed two separate technical reports for its Skouries and Lamaque projects (the “Technical Reports”). Further to the Company’s news releases dated December 15, 2021 (Eldorado Gold Announces Results of Skouries Project Feasibility Study; After-Tax NPV of US
Technical Report for the Skouries Project, Greece (the “Skouries Technical Report”) The Skouries Technical Report with an effective date of January 22, 2022, was prepared by the following Qualified Persons as defined by NI 43-101: Simon Hille, FAusIMM., John Battista, MAusIMM., Colm Keogh, P.Eng., and Sean McKinley, P.Geo.
Technical Report for the Lamaque Project, Quebec, Canada (the “Lamaque Technical Report”) The Lamaque Technical Report with an effective date of December 31, 2021, was prepared by the following Qualified Persons as defined by NI 43-101: Simon Hille, FAusIMM., Jacques Simoneau, géo (OGQ No. 737), Peter Lind, Eng. (OIQ No. 133650), P.Eng., Ertan Uludag, P.Geo, Jessy Thelland, géo (OGQ No. 758), Mickey Murphy, P.Eng., Stantec Consulting, and Mr. Mehdi Bouanani, Eng. (OIQ No. 5000741).
For further information regarding the results of the Technical Reports, please refer to the Company’s material change report filed under the Company's SEDAR profile (www.sedar.com).
About Eldorado Gold
Eldorado is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. The Company has a highly skilled and dedicated workforce, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with local communities. Eldorado's common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO).
Contact
Investor Relations
Lisa Wilkinson, VP, Investor Relations
604.757 2237 or 1.888.353.8166
lisa.wilkinson@eldoradogold.com
Media
Louise McMahon, Director Communications & Public Affairs
604.757 5573 or 1.888.353.8166
louise.mcmahon@eldoradogold.com
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