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Eldorado Gold Corp T.ELD

Alternate Symbol(s):  EGO

Eldorado Gold Corporation is a gold and base metals mining, development, and exploration company. It has mining operations, ongoing development projects and exploration in Turkiye, Canada, and Greece. It operates four mines: Kisladag and Efemcukuru located in western Turkiye, the Lamaque Complex in Quebec, Canada, and Olympias, located in northern Greece. Kisladag, Efemcukuru and Lamaque are gold mines, while Olympias is a polymetallic operation producing three concentrates bearing gold, lead-silver and zinc. The Lamaque Complex is located in Val-d’Or, Quebec. It includes the Triangle Mine (Upper and Lower), the Ormaque Deposit, the Parallel Deposit, the Plug #4 Deposit, and the Sigma Mill. Efemcukuru is an underground operation located in Izmir Province in western Turkiye. Its other development project in its portfolio includes Perama Hill, a gold-silver project in Greece. Its Stratoni is an underground, silver-lead-zinc mine located in the Halkidiki Peninsula in northern Greece.


TSX:ELD - Post by User

Bullboard Posts
Post by CatamaranFundon Apr 06, 2020 11:40am
78 Views
Post# 30883009

NEWSWIRE Investors Flock 2 Safe Haven Assets as Markets Reel

NEWSWIRE Investors Flock 2 Safe Haven Assets as Markets Reel

"Investors are taking refuge in cash and gold – which is generally considered to be a safe haven asset and is more stable under crisis."

"...Eldorado Gold Corporation (NYSE: EGO) announced earlier this year the discovery of a new high-grade gold mineralization zone at its Lamaque Operations near Val d'Or, Quebec.
 
This discovery, called the Ormaque Zone, is located in a previously undrilled area approximately midway between the historically mined Sigma Deposit and the actively mined Triangle Deposit, in close proximity to the proposed transportation decline linking the Triangle underground mine and the Sigma Mill, all included in the growing Lamaque Operations. Thirteen holes, totalling 10,096m of drill core, have been completed to target depth in the discovery area since July 2019. Assay results have now been received for seven drillholes, representing 4,424m or 44% of the total drilling."
https://newsfilter.io/a/b40a981baf8b77c9f56779ab47e66cf4
CHeers to the patient investors - stay safe, stay hopeful
Bullboard Posts