Eldorado Gold Corporation · TSX:ELD
Eldorado Gold — Investor Presentation (April 2007)
23 slides from Eldorado Gold's investor presentation, April 2007
Slide 1: April 2007
April 2007 2 eldoradogold
Slide 2: Forward looking statement
Forward looking statement Certain of the statements made herein may contain forward-looking statements within the meaning of the United States Private Securities Reform Act of 1995 and forward looking statements or information within the meaning of the Securities Act (Ontario). Such forward looking
Slide 3: 2006 Highlights
CORPORATE 2006 Highlights • C Constructed t t d ttwo mines i – one in i Turkey, T k one in i China Chi • Began commercial production at the Kisladag Mine Turkey in July • First gold poured at Tanjianshan Mine in China in December • Produced 135,653 ounces of gold in 2006 • Feasibility study initiate
Slide 4: 2007 Goals and Targets
CORPORATE 2007 Goals and Targets • Forecast to produce 310,000 ounces – 330,000 ounces of gold at a cash cost of US$220 to US$230 per g p ounce • Kisladag Mine 190,000 ounces – 200,000 ounces at a cash cost US$210 to US$220 per ounce • Tanjianshan Mine 120 120,000 000 ounces – 130,000 130 000 ounces
Slide 5: Turkey Overview
TURKEY Overview Istanbul Biga Peninsula Pontides Ankara AS Project Izmir Efemçukuru Kisladag Turkey y 5
Slide 6: Turkey: Kisladag Mine
TURKEY Kisladag Mine • Grassroots exploration discovery by Company • Commercial production began in July 2006 • 13 year open pit mine with 4.8 million ounces of reserve • 2006 p production: 70,895 , ounces at cash cost of US $206 per ounce • Forecasted 2007 production 190,000 ounces - 200,000 o nces
Slide 7: Kisladag Mine Crushing System
TURKEY Kisladag Mine Crushing System 7
Slide 8: Kisladag Mine Leach Pad Stacking System
TURKEY Kisladag Mine Leach Pad Stacking System 8
Slide 9: Turkey: Efemçukuru Project
TURKEY Efemçukuru Project • Grass roots exploration discovery by Company • High grade vein system with 1.1million ounces of resource with significant potential for expansion • Received Environmental Positive Certificate S t b 2005 September • Drilled 6,720 meters in 2006 of the 21,000 meters program
Slide 10: Efemçukuru South Ore Shoot Section 2100S
TURKEY Efemçukuru South Ore Shoot Section 2100S 10
Slide 11: Efemçukuru South and Middle Ore Shoots
TURKEY Efemçukuru South and Middle Ore Shoots 11
Slide 12: Turkey Exploration
TURKEY Turkey Exploration • Exploration Project Areas: Pontides, Biga Peninsula, Demir Joint Venture • 2006 exploration drilling 9,814 meters • 2007 exploration budget: US$ 6.2 million 12
Slide 13: China Overview
CHINA Overview Beijing Tanjianshan China 13
Slide 14: China: Tanjianshan Mine
CHINA Tanjianshan Mine • Company has 90%. Partners; Qinghai First Brigade and Daichaidan Gold Mine 10%. • Presently an 11 year open pit mine with 1,164 ounces of reserve. • Fi t gold First ld poured d December D b 2006 • Commercial production declared February 2007 • 2007 fforecasted t d planned l d
Slide 15: Tanjianshan Mine
CHINA Tanjianshan Mine • Land Position: 33,400 hectares • P Property t hhas significant i ifi t opportunity t it tot extend t d resource. • Drilled 8,762 meters in 2006 • Additional anomalies to be explored • 2007 exploration budget US$2 US$2.4 4 million 15
Slide 16: Tanjianshan Mine Plant Site
CHINA Tanjianshan Mine Plant Site 16
Slide 17: Tanjianshan Mine – Mining in QLT Open Pit
CHINA Tanjianshan Mine – Mining in QLT Open Pit 17
Slide 18: Brazil Operations / Exploration
BRAZIL Operations / Exploration Operations Sao Bento Mine Exploration Vila Nova Nova, AP State Tartarugalzinho Tartarugalzinho, AP State Villa Nova BRAZIL Brasilia Belo Horizonte São Bento Mine Rio de Janeiro 18
Slide 19: Brazil: São Bento Mine
2 BRAZIL eldoradogold Sao Bento Mine
Slide 20: Brazil: Vila Nova Gold
BRAZIL Vila Nova Gold • Land Position: 152,000 hectares • G l i Environment: Geologic E i t Lower L Proterozoic P t i terrain. t i Gold G ld mineralization i li ti is associated within carbonate altered, sheared and folded banded iron formation with a sequence of clastic sediments, mafic volcanic an
Slide 21: Brazil: Villa Nova Iron Ore
BRAZIL Villa Nova Iron Ore • 12.9 Mt. resource @ 61.4% Fe • Pre-feasibility Pre feasibility study completed • Project economics (100%) – 2006 prices • L Lump ore = US$0.91/dmtu US$0 91/d t FFe • Sinter feed = US$0.72/dmtu Fe – Modest Capex of US$16.3 M – Opex of US$31/t $ of finished product – Pre-T
Slide 22: Summary
CORPORATE Summary • Regionally focused • Superior growth profile • Long life, life low cost assets • Strong balance sheet • Proven ability to explore, explore develop and operate 22
Slide 23: Thank You
THANK YOU 2 eldoradogold