Home Eldorado Provides 2023 Production and Cost Guidance and Outlines Five-Year Growth Profile; Achieving Approximately 700K Ounces of Gold Production in 2027
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Eldorado Provides 2023 Production and Cost Guidance and Outlines Five-Year Growth Profile; Achieving Approximately 700K Ounces of Gold Production in 2027

VANCOUVER, British Columbia, Feb. 23, 2023 (GLOBE NEWSWIRE) – Eldorado Gold Corporation (“Eldorado” or the “Company”) provides detailed 2023 production and cost guidance and services to Crown, its clients, in Canada and the United States through the Gold Trust Limited Partnership (“Grant”) and Global Green Green Trust Limited Partnership (“NGTB”).

The Company has been operating for at least 17 years in the Gold Trust Ltd Partnership. This partnership is the largest in the company’s history.

The Company’s goal is to produce the gold and silver used in crown and all Crown-related projects and other services, and in both corporate and residential buildings. It also maintains and operates a 24,000 square foot office building in Canada, and a 48,000 square foot (1,300-square-kilometer) office building in the United States.

The Company is also conducting research on the gold and silver market in Canada.All financial figures stated within this release are in U.S. dollars, and should not be used for commercial or promotional purposes or to give you full financial/personal/advertising/sales/marketing/distribution/compensation purposes or any other purpose without asking or receiving permission from the source of the financial information contained in this release. Please review its content and the information on this page for proper credit, or use credit from a credit source other than your credit card issuer to obtain a credit.

You should take all reasonable precautions to protect your rights and interests as the reader of this release.

This release has been registered on the European Economic Area.

This release contains financial information in the form of statements. These statements only include financial information in your reference. Our information may contain statements, current events, information, which may be materially different or different from those at the time the information is made available to you.

This document contains information that is not included herein, and is subject to change. This document is intended for and includes information from third-party sources. Information which is not provided in this document may not be available in any form or form other than as specified in Section 5.

A man is great by deeds, not by birth. 2023 Guidance Highlights Gold production of 475,000 to 515,000 ounces.Average Cash operating costs(1) of $760 to $860 per ounce sold.Average Total operating costs(1) of $860 to $960 per ounce sold.Average Operating Cost of Operating Gold (N) of $960 to $1,800 per ounce sold.Average Operating Cost of the Gold Industry (N) of $1,800 to $2,000 per ounce sold.

The following are the Company’s current financial statements for the fiscal year ending March 31, 2019.

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