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Eldorado Gold Corp.
Summary
| Project: | Kisladag | |
|---|---|---|
| Deposit: | Kisladag | |
| Location: | Turkey | |
| Commodities: | Gold | |
| Date: | 2/20/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 20-2-2020: Eldorado Gold Corp. announces a Resource Estimation report for its Kisladag deposit at the Kisladag project. Updated Mineral Reserve Estimate at the Kisladag Mine. VANCOUVER, BC – Eldorado Gold Corporation, (“Eldorado” or the “Company”) is plea | |
| Resources: | (Reserves, P+P): 173Mt @ 0.72g/t Au | |
| CP/QP: | [Resources]: Stephen Juras (Internal) | |
| ABSTRACT: | VANCOUVER, BC – Eldorado Gold Corporation, (“Eldorado” or the “Company”) is pleased to announce a 15-year mine life at Kisladag based on the completed long-cycle heap leach testwork and the replacement of the tertiary crushing circuit with a high-pressure grinding roll (“HPGR”) circuit. A National Instrument 43- 101 compliant technical report detailing the updates to the Kisladag project will be filed on SEDAR prior to the end of Q1 2020. The Company is also providing detailed production guidance for 2020, along with a five-year outlook for the Company’s business. “Kisladag has been the cornerstone asset of Eldorado for over a decade, producing over three million ounces of gold and generating significant value for all stakeholders during that period. Following the resumption of full operations last spring, and the significant work and testing undertaken by the Eldorado team over the past 18 months, we are pleased to announce a mine life extension at Kisladag that puts this asset back in the core of our portfolio”, said George Burns, President and CEO. | |
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