공시 • Jan 27
Eldorado Gold Corporation Announces Strong Exploration Results of Multiple New High-Grade Zones in Canada and Greece
Eldorado Gold Corporation announced the discovery of four new high-grade zones at the Lamaque Complex and the commencement of studies aimed at unlocking a potential expansion. The new exploration results included in this news release are located outside the Mineral Resources disclosed in the 2025 Mineral Reserve and Mineral Resource ("MRMR") Statement announced on November 26, 2025, unless otherwise stated. Since Eldorado's last exploration updates provided in 2023 the Company completed ~191,000 metres of resource conversion drilling over the two-year period (~105,000 metres in 2024 and ~86,000 metres during 2025). In parallel, ~261,000 of early-stage exploration drilling was completed over the two-year period (116,000 metres in 2024, followed by ~145,000 metres in 2025). Highlights include: 3.6 m at 9.13 g/t Au, Vein 39 (LQ-25-025); 4.2 m at 8.02 g/t Au, Ve in 39 (LQ-24-013A); 2.0 m at 14.78 g/t Au, VeIN 13 (LQ-24-002); 1.7 m at 34.77 g/t Au (25.41 g/t Au capped), Vein 13 (PV-23-063A) Quebec 2026 Exploration Program. Drilling activities have been enhanced through geoscience practices beyond fundamental geology, including application of core scanning technologies, geomechanical modelling, and active engagement with academic research partners and graduate students. This includes targeting depth extensions to the new resource at Bonnefond (as announced November 26, 2025) for assessing underground development potential. Similarly at the historic Bevcon and Aurbel mines, drilling will test newly modelled extensions as well as adjacent new targets. The Company's exploration strategy focuses on areas adjacent to historic mines and new target generation at the Bourlamaque property, with the objective of discovering additional underground resources to provide future potential feed for the Sigma Mill and drive long-term value. In the Kassandra mining district, exploration drilling in 2025 was focused on the Olympias mine, where approximately 17,500 metres were completed. These results highlight strong potential for near-mine resource growth at low incremental cost. The deposit remains open to the north west and follow-up drilling will be focussed on testing the geophysical anomaly coincident with that zone, an opportunity that could unlock additional upside through mine life extension and enhanced future cash flow. Exploration success at Olympias and Stratoni Skarn has been supported by a foundation of field-based geology, refreshing historic interpretations in the context of modern mineral systems, improving system-scale geophysical, geochemical and mineralogical vectoring, and with a strong endorsement to drill test geological concepts. The Olympias drill results demonstrate that this carbonate replacement system is open and remains highly prospective, whilst at Stratoni Skarn the results provide geological and assay evidence to support further drilling. Plans for 2026 include additional expansion drilling at Olympias from both surface (8,000 metres) and underground (10,000 metres) and Stratoni Skarn (15,000 metres). The respective qualified person, as defined in NI 43-101, undertakes visits to select drill sites, logging facilities, and checks of drill core against assay results during site visits. These risks, uncertainties and other factors include, among others: development risks at Skouries and other development projects; risks relating to operations in foreign jurisdictions; risks related to production and processing; ability to secure supplies of power and water at a reasonable cost; prices of commodities and consumables; reliance on significant amounts of critical equipment; reliance on significant amounts ofcritical equipment; reliance on infrastructure, commodities and consumables; reliance of infrastructure, commodities and consumables); inflation risk; community relations and social license; environmental matters; geotechnical and hydrogeological conditions or failures; waste disposal; mineral tenure; permits; non-governmental organizations; reputational issues; reputational issues; change of control; actions of activist shareholders; estimation of Mineral Reserves and Mineral Resources; regulatory reviews and Mineral Resources; regulatory review and different standards used to prepare and Mineral Resources; risks relating to prepare and Mineral Resources; risk relating to any pandemic, including integration risks relating to any pandemic, or similar public health threats; regulated substances; regulated substances; acquisitions, including integration risks; regulatory reviews and acquisitions, including integration risks; acquisitions, acquisitions, including integration risks; co-ownership of any pandemic, acquisitions, including integration risks, including integration risks; acquisitions; acquisitions, including integration risks relating to prepare and dispositions; acquisitions, including integration risks.