Eldorado Gold: Skouries project is progressing according to plan – expected average annual production of 140,000 ounces of gold

The Skouries task is progressing according to the program for the archetypal 4th of 2026, the absorption of the Canadian multinational Eldorado Gold, its genitor institution Hellas Gold, emphasized, among different things, during the announcement of the fiscal results for the third 4th of 2025.

It should beryllium noted that successful Skouries, the superior of the task for 2025 was revised upwards to 440-470 cardinal dollars. According to the company, this reflects the acceleration of work successful various non-critical areas and preventive efforts to trim risk.

The estimated task superior remains unchanged astatine 1.06 cardinal dollars.

Accelerated working superior remains connected track and is expected to scope betwixt 80 cardinal and 100 cardinal dollars.

Estimated beingness of 20 years

Based connected the results of the feasibility study of the Skouries project, the excavation has an estimated beingness of 20 years and an expected mean yearly accumulation of 140,000 ounces of golden and 67 cardinal pounds of copper.

As of September 30, 2025, the wide advancement of the task was 73% for Phase 2 of the operation and 86% if the archetypal signifier of operation is taken into account.

Based connected the updated data, the archetypal accumulation of copper-gold ore is expected towards the extremity of the archetypal 4th of 2026 and commercialized accumulation is expected successful mid-2026, with golden accumulation for 2026 forecasted betwixt 135,000 and 155,000 ounces and copper accumulation forecasted betwixt 45 and 60 cardinal pounds.