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Eldorado Announces New Exploration Projects in Romania, Serbia and Brazil
Eldorado Announces New Exploration Projects in Romania, Serbia and Brazil Eldorado...
About this update from Eldorado Gold Corporation
[{"type":"text","content":"\n\n\n\nEldorado Announces New Exploration Projects in Romania, Serbia and Brazil\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nEldorado Announces New Exploration Projects in Romania, Serbia and Brazil\nCanada NewsWire\nVANCOUVER, Aug. 22, 2016\n\n\n\nTSX: ELD NYSE: EGO\n\n\n\nVANCOUVER, Aug. 22, 2016 /CNW/ - Eldorado Gold Corporation, (\"Eldorado\" or \"the Company\") is pleased to announce plans at four new exploration projects.  \n\n\nThe large Bolcana porphyry copper-gold system in Romania, recently acquired through public auction, provides a new opportunity contiguous with the Company's growing land package in the highly prospective Apuseni mining district in Romania. \nThe Borborema and Nazareno gold projects in Brazil will be explored under an option agreement with Votorantim Metais. These new projects expand the Brazilian exploration portfolio into two regions with proven metallogenic potential, and establishes a partnership with a highly respected local mining company with a long history of discovery and mine development. \nThe Karavansalija Mineralized Centre project in Serbia is a large skarn and epithermal system with multiple mineralized zones and untested targets, and provides an entry into this emerging mining-friendly jurisdiction.\n\nPeter Lewis, Vice President of Exploration at Eldorado, stated: \"Our team is excited by the addition of these projects to our exploration portfolio, as they all include defined targets that we plan to drill aggressively for the remainder of 2016, in addition to the outstanding long-term exploration potential on the surrounding license areas.\"\n\nBolcana, Romania\n\nIn August 2016 the Romanian National Agency for Mineral Resources awarded the Troita - Pitigus exploration license covering the Bolcana project to Eldorado's 100% owned Romania subsidiary SC European Goldfields Deva SRL.  The Bolcana project is located in the Golden Quadrilateral mining region of the Apuseni Mountains near the historic mining centers of Deva and Brad, and approximately six kilometres west of the Company's Certej development project.&...