Eldorado Updates Lamaque Complex Technical Report; Demonstrating Significant Value and Potential to Extend Mine Life to 17 Years

(All dollar figures are in US dollars, unless otherwise stated)

VANCOUVER, British Columbia, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado”, the “Company” or “We”) is pleased to announce the results of an updated Technical Report for the Lamaque Complex¹ (“Lamaque Complex Technical Report”), including an updated life-of-mine (“LOM”) plan based on Mineral Reserves from Triangle, Ormaque and Parallel (the “Reserve Case”) and a Preliminary Economic Assessment (“PEA”) extended LOM plan primarily² based on Inferred Mineral Resources (“Inferred Resources”) from Triangle and Ormaque (the “PEA Case”).

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