Skip to main content

Eldorado Files Amended Lamaque Complex Technical Report

Written by Customer Service on . Posted in Public Companies.

VANCOUVER, British Columbia, Feb. 20, 2025 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (“Eldorado” or “the Company”) announces the filing of an amended Technical Report in respect of its Lamaque Complex (the “Amended Technical Report”), following a continuous disclosure review by the staff of the British Columbia Securities Commission. The Company previously filed a technical report titled “Technical Report – Lamaque Complex, Québec, Canada” prepared by the Company and filed on SEDAR+, on January 27, 2025, with an effective date of December 31, 2024 (the “January 2025 Report”).

The January 2025 Report included a prefeasibility study in respect of the Lamaque Complex (the “Reserve Case”), as well as a preliminary economic assessment incorporating inferred mineral resources from the Triangle and Ormaque deposits (the “PEA Case”). The Amended Technical Report supersedes and replaces the January 2025 Report and reflects the removal of the PEA Case. The Amended Technical Report does not alter the Reserve Case nor any of the mineral resource estimates, the mineral reserve estimates, the financial assumptions and economic analysis in the Reserve Case.

The following is a summary of the other minor changes made: the qualified persons taking accountability for certain portions of the Amended Technical Report, as well as additional detail on the experience of the qualified persons were included; updates were made to the sections entitled “Reliance on Other Experts” and “History” to comply with NI 43-101F1 requirements and dates, names and professional designations were aligned on the cover pages of the Amended Technical Report.

The Amended Technical Report is titled “Technical Report Lamaque Complex, Québec, Canada”, effective December 31, 2024. The Amended Technical Report is available under the Company’s issuer profile at www.sedarplus.ca.

Jessy Thelland, géo, (OGQ No. 758), Technical Services Director Lamaque at Eldorado Gold (Québec) Inc., a member in good standing of the Ordre des Géologues du Québec, is the qualified person under NI 43-101, has approved all scientific and technical information in this news release.

About Eldorado Gold

Eldorado is a gold and base metals producer with mining, development and exploration operations in Türkiye, Canada and Greece. 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
Lynette Gould, VP, Investor Relations, Communications & External Affairs
647 271 2827 or 1 888 353 8166
lynette.gould@eldoradogold.com

Media
Chad Pederson, Director, Communications and Public Affairs
236 885 6251 or 1 888 353 8166
chad.pederson@eldoradogold.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.