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Eldorado Gold Announces Commercial Production at Lamaque and Provides Q1 2019 Conference Call Details

Eldorado Gold Corporation Ordinary Shares (EGO) 
Last eldorado gold corporation ordinary shares earnings: 4/30 05:09 pm Check Earnings Report
US:NYSE Investor Relations: eldoradogold.com/investors/default.aspx
Company Research Source: GlobeNewswire
VANCOUVER, British Columbia, March 31, 2019 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation, (“Eldorado” or “the Company”) is pleased to announce that it has achieved commercial production at its wholly owned Lamaque mine (Lamaque) in Quebec as at March 31, 2019.  Lamaque produces ore from the Triangle-deposit, which is then processed at the refurbished Sigma Mill. With an initial mine life of approximately seven years, Lamaque is forecast to produce 100,000-110,000 ounces of gold in 2019. Production is expected to increase to 125,000-135,000 ounces of gold in 2020 and 2021. In 2018, the Inferred Resources at Lamaque were increased by over 50%, and further drilling is currently ongoing to increase both the reserves and resources. With over 37,000 meters of exploration drilling budgeted for 2019 and excess capacity at the Sigma Mill the Company is well positioned and focused on optimizing the potential of the Lamaque mine. Eldorado’s Chief Operating Officer, Paul Skayman, sta Show less Read more
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