Eldorado Gold Announces Amended Investment Plans in Greece - Seite 3

Stratoni Mine (Halkidiki) 

The Stratoni Mine currently employs approximately 830 people including contractors and had a life of mine of approximately one year based on known proven and probable reserves at the beginning of 2017. Geological potential exists to expand resources and extend mine life and Eldorado is currently undertaking a drilling campaign to test the lower portion of the Mavres Petres orebody. Additional investment would be required over the next two years to further delineate additional resources. All mining operations and exploration activities will be suspended effective September 22, 2017.

Perama Hill and Sapes Projects (Thrace) 

Perama Hill and Sapes are currently on care and maintenance pending approvals by the Ministry of Energy and the Environment for Perama Hill's Environmental Impact Study and for Sapes' drilling permit, both of which have been pending for over three years.

Press Conference 

George Burns, President & CEO of Eldorado Gold will host a press conference at the Athens Hilton Hotel today, September 11, 2017 at 11:00 AM local time (GMT+2) to discuss Eldorado's amended investment plans in Greece. His speech will be available shortly after the press conference at http://www.eldoradogold.com.

Conference Call 

George Burns will host a conference call today, September 11, 2017 at 8:00 AM ET (5:00 AM PT) to discuss Eldorado's amended investment plans in Greece. The call will be webcast and can be accessed at http://www.eldoradogold.com.

   
    Conference Call Details            Replay (available until September 25, 2017)
    Date:          Monday, September
                   11, 2017            Toronto:                  416-849-0833
    Time:          8:00 am ET (5:00 am Toll Free:                855-859-2056
                   PT)                 Pass code:                828-838-97
    Dial in:       647-427-7450
    Toll free:     888-231-8191

About Eldorado Gold 

Eldorado is a leading intermediate gold producer with mining, development and exploration operations in Turkey, Greece, Romania, Serbia, Canada and Brazil. The Company's success to date is based on a highly skilled and dedicated workforce, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with the communities where it operates. Eldorado's common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO).