OT, Eldorado receives gov't OK to restart building SkouriesELD up ina down market !
Eldorado receives gov't OK to restart building Skouries
2016-05-09 06:20 ET - News Release
Mr. Paul Wright reports
SKOURIES TECHNICAL STUDY APPROVED, CONSTRUCTION TO RECOMMENCE
Hellas Gold SA, a Greek subsidiary of Eldorado Gold Corp., has received approval from Greece's Ministry of Energy and Environment for the updated technical study for the Skouries project in Halkidiki, northern Greece. The approval of the technical study enables Hellas Gold to recommence construction activities at the Skouries project site, which were suspended in January of this year (see news release dated Jan. 11, 2016).
Paul Wright, president and chief executive officer of Eldorado, commented: "We are all very pleased with the receipt of this approval and greatly encouraged by the ongoing interaction between Hellas Gold and the ministry and its technical services. This constructive engagement has contributed to other recent approvals, including the Skouries building permit (February, 2016) and the Olympias installation permit (March, 2016). I believe there now exists a greatly improved shared understanding, appreciation and alignment between the company and the ministry in regards to the substantial benefits to be gained by the Greek society and economy through the collaborative responsible development of mineral resources in Greece.
"We look forward to working together with the ministry to advance the Skouries and Olympias projects for the benefit of all stakeholders."
We seek Safe Harbor.