Eldorado Gold Corporation · TSX:ELD
Eldorado Gold — Investor Presentation (March 2006)
41 slides from Eldorado Gold's investor presentation, March 2006
Slide 1: Eldorado Gold - March 2006
*@ eldoradogold ability March 2006
Slide 2: Forward looking statement
Forward looking statement Certain of the statements made herein may contain Company’s Prospectus dated January 31, 2006. Forward- forward-looking statements within the meaning of the looking statements herein include statements regarding United States Private Securities Reform Act of 1995 and the ex
Slide 3: Corporate
Corporate Shares Issued: 340,000,000 Year End Cash: US$33.8 M Net Financing Cash: US$155.0 M Net Debt: US$0.00 Shares Listed: TSX: ELD AMEX: EGO Indices : TSX Gold AMEX HUI 3
Slide 4: Growth Profile
Growth Profile Production ounces of Gold (thousands) 4
Slide 5: Cash Flow and Earnings per share
Cash Flow and Earnings per share US$ 5
Slide 6: Proven and Probable Reserves
Proven and Probable Reserves 6
Slide 7: Operations. Projects. Exploration.
Kisladag Efemçukuru Vancouver Head Office Tanjianshan Biga Peninsula Demir JV Tartarugalzinho The Pontide Volcanic Belt Vila Nova São Bento Mine Operations. Projects. Exploration. 7
Slide 8: Turkey
Turkey • Kisladag • Efemçukuru • AS Project • Pontides • Biga Peninsula Istanbul Biga Peninsula Ankara Pontides AS Project Izmir TURKEY Efemçukuru Kisladag 8
Slide 9: Kisladag Mine
Kisladag Mine • Grass roots exploration discovery by Company in 1997 • Received Environmental Positive Certificate June 2003 • Commissioning began in February 2006 • 14 year open pit mine with 5.1 million ounces of reserve • Year 1 production 144,000 ounces; Year 2 – 14 production 250,000 ounces • I
Slide 10: Kisladag construction schedule 2006
Kisladag construction schedule 2006 10
Slide 11: Kisladag production and unit costs
Kisladag production and unit costs 11
Slide 12: Kisladag Mine
Kisladag Mine 12
Slide 13: Crushing, Screening Plant
Crushing, Screening Plant 13
Slide 14: Leach Pad
Leach Pad 14
Slide 15: ADR Plant
ADR Plant 15
Slide 16: Efemçukuru Project
Efemçukuru Project • Grass roots exploration discovery by Company • High grade vein system with 1.1million ounces of resource with potential for expansion • Received Environmental Positive Certificate September 2005 • Advancing project through permitting, feasibility to construction in 2007 • Underg
Slide 17: Efemçukuru development schedule
Efemçukuru development schedule 17
Slide 18: Efemçukuru production and unit costs
Efemçukuru production and unit costs 18
Slide 19: Efemçukuru cross section
Efemçukuru cross section. 19
Slide 20: AS Project
AS Project • Part of Demir Joint Venture • Porphyry style gold and copper mineralization in altered porphyritic rocks • Coincident geochemical and geophysical anomalies spread over a large area • Currently drilling with reverse circulation (RC), and diamond drill rigs • 2006 work program will incorp
Slide 21: Copper Soil Anomalies and Drill Locations
Copper Soil Anomalies and ” Drill Locations (igure 2) eldoradogold Soil Geochemistry: Cu ppm > 500 ppm Cu > 250 ppm Cu > 100 ppmCu * “ > 50 ppm Cu % H
Slide 22: AS Project Gold Soil Anomalies and Drill Locations
AS PROJECT Gold Soil Anomalies and Drill Locations (figure 1) 2 eldoradogold Solak Anomaly [N/ pE——_— 22
Slide 23: China
China Beijing Tanjianshan 23
Slide 24: What is Eldorado's Strategy in China?
What is Eldorado’s Strategy in China? • Build a substantive business in China producing annually 250,000 to 300,000 ounces of gold • Build by exploration and acquisition • Develop our business by utilizing skills and expertise of Chinese Mining industry • Open to joint ventures • Apply our companies
Slide 25: Tanjianshan Mine
Tanjianshan Mine Gansu Province To Dunhuang Tanjianshan Dachaidan Gangcha Au Deposits Xining Road Dulan Gonghe Railway Qinghai Province Magin 25
Slide 26: Tanjianshan Mine
Tanjianshan Mine • Acquired Tanjianshan (“TJS”) with the acquisition of Afcan Mining Corporation September 13, 2005 • Company currently has 85%. Partners; Qinghai First Brigade and Daichaidan Gold Mine 15%. With capital expenditures of US$ 50 million can earn up to 90%. Current cost estimate for com
Slide 27: Tanjianshan construction schedule
Tanjianshan construction schedule 27
Slide 28: Tanjianshan production and unit costs
Tanjianshan production and unit costs 28
Slide 29: Plant Construction
Plant Construction 29
Slide 30: Employee's Camp
Employee’s Camp 30
Slide 31: SAG Mill on Foundation
31 SAG Mill on Foundation ad
Slide 32: Tailings Dam Impoundment
Tailings Dam Impoundment 32
Slide 33: Brazil
Brazil Operations • Sao Bento Mine Exploration • Vila Nova, AP State • Tartarugalzinho, AP State Tartarugalzinho Vila Nova BRAZIL Brasilia Belo Horizonte São Bento Mine Rio de Janeiro 33
Slide 34: São Bento Mine
São Bento Mine • Underground mine in operation since 1986. Mine has produced 1.5 million ounces of gold • Gold is recovered using conventional milling, flotation and a combination of bioxidation and pressure oxidation • All Brazilian management and staff • Good health and safety record • Mine receiv
Slide 35: São Bento Mine
São Bento Mine 35
Slide 36: Venezuela
Venezuela Suriname Roraima State Gold Mines Advanced Projects Eldorado Gold Projects Lower Proterozoic Terrain Gold Trends French Guyana Vi ] Amapari @ Sierra Leone Liberia kilometers eldoradogold Cote D'Ivoire West African Shield Bogoso/Préstea
Slide 37: Vila Nova Gold and Iron Projects
VILA NOVA | Gold and Iron Projects eldoradogold (figure 1) ==== Pit Boundary Road G Gold Mineralized Zone (lron Formation Units) ® Hematite-rich Iron Formation 418500 mE © Completed Drill Holes 0.25 { es kilometers CS x Iron Ore Project Area Gold Project Area | 417000 mE 418500 mE
Slide 38: Vila Nova Gold
Vila Nova Gold • Land Position: 4,254 hectares • Geologic Environment: Lower Proterozoic terrain. Gold mineralization is associated within carbonate altered, sheared and folded banded iron formation with a sequence of clastic sediments, mafic volcanic and ultramafic rock. Garimpero workings extend f
Slide 39: Vila Nova Iron Ore
Vila Nova Iron Ore • 2005 Drill Program produced an Inferred Resource of 8.7 million tonnes estimated with an iron content of 65% • 2006 Program: mapping extensions of the main structure, followed by additional drilling and metallurgical test work. Scoping study will be completed in 2006 • Budget: $
Slide 40: Summary
Summary • Regionally focused • Superior growth profile • Long living low cost assets • Strong balance sheet • Proven ability to explore, develop and operate 40
Slide 41: Thank you
*@ eldoradogold ability Thank you