Eldorado Gold Corporation · TSX:ELD
Eldorado Gold — 2010 Whistler Institutional Investor Conference
17 slides from Eldorado Gold's conference presentation, Jan 20, 2010
Slide 1: Eldorado Gold Corporation
Eld r d Gold Eldorado G ld Corporation C r r ti 2010 Whistler Institutional Investor Conference January 20-22 20 22, 2010 www.eldoradogold.com 1
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain of the statements made in this Presentation may contain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of applicable Canadian securities law. The
Slide 3: Global Presence
Global Presence www.eldoradogold.com 3
Slide 4: Growing Production
Growing Production 2009 production of ~ 360,000 oz of gold from 450,000 4 mines 342,820 308 802 308,802 300,000 281,135 Ounces Gold O 135,653 150,000 0 2006 2007 2008 2009 Annual Gold Production www.eldoradogold.com 4
Slide 5: Expanding Margins
Expanding Margins 1,000 $934 $876 800 $674 $609 600 $613 $587 $279 $411 400 200 $330 $289 $321 $263 0 2006 2007 2008 First 9M 2009 Total Cash Cost Margins Realized Gold Price www.eldoradogold.com 5
Slide 6: Production Forecast
Production Forecast 2013 production of ~ 1 million oz 2011 of gold from production of 1,200,000 7 mines 800,000 to 850,000 oz of gold from Column 2 1,000,000 6 mines es 2009 ction in Ounce production of Total Gold ~ 360,000 oz Production 800,000 of gold from 4 mines From: 600,000 Kişladağ Gold Produ
Slide 7: Lowest Quartile of Production Cost
Lowest Quartile of Production Cost www.eldoradogold.com 7
Slide 8: Kişladağ mine
Kişladağ mine Kişladağ is an open pit heap leach gold mine that began commercial production in July y 2006 and converted to owner operated p mining in Q3 2008 Ore production in 2009 was ~ 10 million tonnes at 1.11 g/t with a strip ratio of ~ 1.22 : 1 Measured and indicated resources Kişladağ m
Slide 9: Jinfeng mine
Jinfeng mine Jinfeng in Guizhou province is an open pit and underground gold mine, the second largest g g gold mine in China It began commercial production in September 2007 Eldorado owns an 82% interest with local jjoint-venture p partner Guizhou Lannigou g Gold Mine Limited holding the remai
Slide 10: Tanjianshan mine
Tanjianshan mine Tanjianshan in Qinghai province is an open pit, float-roast-CIL operation that began commercial p production in February y 2007. It consists of 2 separate deposits: Qinlongtan (QLT) and Jinlonggou (JLG) Partners in Tanjianshan are Qinghai Number One Geological Brigade (5%) and t
Slide 11: Tanjianshan exploration
Tanjianshan exploration QLT South RC Drilling Program www.eldoradogold.com 11
Slide 12: White Mountain mine
White Mountain mine White Mountain in Jilin province is an underground mine using a sub-level and cut- and-fill stoping p g mining g method Eldorado owns a 95% interest in White Mountain, with the remainder held by local joint-venture partner Jilin Tonghua Institute of Geology and Minerals Explo
Slide 13: Efemçukuru project
Efemçukuru project Efemçukuru is a high grade epithermal gold deposit, suited for underground mechanized mining Feasibility study completed in 2007 based on a mine throughput of 406,000 tonnes per year Construction ongoing with commissioning and production planned for late 2010 Operating and
Slide 14: Eastern Dragon project
Eastern Dragon project Eastern Dragon is a high-grade, low- sulphidation, epithermal, gold-silver vein deposit Eldorado has a 95% equity interest in the Lode 5 Exploration Licence. Eldorado also holds a 90% contractual interest in the surrounding g exploration p p potention Feasibility study w
Slide 15: Perama Hill project
Perama Hill project Perama Hill is a shallow, low sulphidation, non-refractory oxide gold deposit with a low strip p ratio in northern Greece Pre-Environmental Impact Assessment (PEIA) has been submitted in October 2009 Environmental Impact Assessment (EIA) to be submitted Q2 2010 for reviews
Slide 16: Strategy
Strategy Long life, low cost assets Lowest quartile of production cost Strong balance sheet No hedge positions Regional exploration with excellent development projects for internal growth Explore, develop and operate to high standards www.eldoradogold.com 16
Slide 17: Thank you
Thank you Eldorado Gold Corporation TSX: ELD NYSE: EGO ASX: EAU Shares Outstanding (as of December 15, 2009): 537.1 M Investor Relations: Nancy Woo (604) 601-6650 nancyw@eldoradogold com nancyw@eldoradogold.com www.eldoradogold.com 17
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