Figure 1 Geological map of the Ormaque deposit area Figure 2 Geological map showing the locations of the Brownfields projects on the Lamaque property VANCOUVER, British Columbia, March 30, 2023 (GLOBE NEWSWIRE) – Eldorado Gold Corporation (“Eldorado Gold”, the “Company” or “We”) is pleased to provide new results from step-out drilling at the Ormaque project site. We are pleased that we are being able to show results from the new drilling to the public and that the Ormaque project will remain as the world leader in mine exploration and mining. The Ormaque project lies on the edge of what today was the worst mine disaster in two years in the history of the world. The Ormaque, in a historic development, provides the world with fresh and safe ways to mine its minerals on a high-risk, cost-effective, and secure basis. The Ormaque is a bold project that represents the future of mine exploration, mining, and exploration.
The company is also providing an overview of the 2023 global exploration program which includes approximately 100 companies, but is currently only expanding to 10 of them, and the current expansion is currently limited to the 10 most up to date companies. The company has a very good track record to be able to move forward and grow its network of exploration businesses at a competitive rate. The company will also have a team of up to 40 people in this capacity.
Today, we are discussing our global exploration program, as we have begun to expand to other countries. This is where the new technology is very exciting.
We need to talk extensively about developing a global strategy, and how we will be developing these strategies next year.
As we have discussed, one of the major lessons from your launch is that you won’t be able to have a global strategy. You will have to use existing technologies in the new era where everything is different for you.
As you know, attached software is just one of them. While it’s quite easy to do many things right now, your company will need to have a great network of services in order to stay competitive.
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