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Eldorado Gold Releases Updated Mineral Reserve and Mineral Resource Statement; 2024 Gold Mineral Reserves Increased to 11.9 Million Oz with M&I Gold Mineral Resources of 22.0 Million Oz; Inaugural Mineral Reserve Declared at

Resource Estimates

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NEWS RELEASE

TSX: ELD NYSE: EGO December 11, 2024

Eldorado Gold Releases Updated Mineral Reserve and Mineral Resource

Statement; 2024 Gold Mineral Reserves Increased to 11.9 Million Oz with M&I Gold

Mineral Resources of 22.0 Million Oz; Inaugural Mineral Reserve Declared at

Ormaque; Outline of 2025 Reporting Schedule

VANCOUVER, BC – Eldorado Gold Corporation ( “Eldorado” or “the Company”) today releases its updated

Mineral Reserve and Mineral Resource (“MRMR”) estimates as of September 30, 2024.

“Our updated Mineral Reserves estimate provides a solid foundation and underpins our production profile

over the next decade and beyond,” said George Burns, President and CEO. “We were pleased to increase

our Mineral Reserves by approximately 2% overall, driven by increases at the Lamaque Complex and

Efemcukuru that extends Reserve mine life significantly and complements our already long mine life assets

at Skouries, Kisladag and Olympias. The Lamaque Complex Mineral Reserve increased by 45%, driven

primarily by the declaration of an Inaugural Mineral R eserve at Ormaque of 619 thousand ounces. This

follows a solid track record of successfully replacing Mineral Reserves since acquiring the asset in 2017 and

sets up the Lamaque Complex for the long-term with two underground mines with significant Inferred Mineral

Resource conversion potential and exploration upside.”

“In addition, at Efemcukuru, we increased Mineral Reserves by 23% resulting in an extension to the mine life

by an additional two years to an updated life of mine of eight years. Efemcukuru has been a reliable producer

since 2011, and our team remains committed to exploring opportunities to extend mine life further. During

2025, our focus will continue to be on extending the mine life at our existing operations and testing near-mine

exploration targets, while seeking a discovery from our highly prospective portfolio of early stage exploration

targets in Canada and Turkiye.”

Mineral Reserves Update

The Company’s Proven and Probable gold Mineral Reserves totalled 11.9 million ounces as of September

30, 2024, an increase of approximately 2% from the previous MRMR statement from September 30, 2023.

The complete MRMR table and notes can be found at the end of this release.

Ore Tonnes

(t x 1,000)

Gold Grade

(g/t)

Total Mineral

Reserves

(Gold Ounces)

x 1,000)

Mineral Reserves as of September 30, 2023(1) 350,665 1.04 11,717

Depletion(2) (14,667) 1.57 (742)

Adjustments for metal prices, cut-off value, mine plan optimization,

additions due to new drilling and conversion of Resources 8,735 3.33 936

Mineral Reserves as of September 30, 2024 344,733 1.07 11,911

(1) The Company’s total MRMR excludes Mineral Reserves at its non -core Romanian asset (Certej). As disclosed in the Q3 2024

Managements Discussion & Analysis, the Certej project has been presented as a disposal group held for sale as at September 30,

2024 and as a discontinued operation for the three and nine months ended September 30, 2024. On October 7, 2024, the Company

entered into a share purchase agreement to sell the Certej project. The closing of the disposition is subject to certain conditions.

(2) Depletion declared here are in -situ ounces. Depletion includes the 12-month period of October 1 , 2023, through September 30,

2024.

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Excluding depletion, the increase in Mineral Reserves is primarily attributable to additions at Kokarpinar

South at Efemcukuru as well as an inaugural Mineral Reserve estimate for the Ormaque deposit within the

Lamaque Complex.

- Lamaque Complex: Mineral Reserves increased 45% with the addition of Ormaque , partially offset

by depletion at Triangle, resulting in an increase in life of mine to eight years.

o Ormaque: Inaugural Mineral Reserve of 619 thousand ounces at Ormaque.

o Triangle: Mineral Reserves decreased primarily as a result of depletion.

- Kisladag: Mineral Reserves decreased as a result of depletion, partially offset by positive design

changes.

- Efemcukuru: Mineral Reserves increased with the addition of Kokarpinar South, increasing the life of

mine by two years to an updated eight year life of mine.

- Olympias: Mineral Reserves decreased due to depletion and Resource modelling incorporating

additional drilling.

The following table summarizes the period-over-period changes to the Company’s Mineral Reserves:

Gold Mineral Reserves

2023 2024

Change(1)

Change

excluding

depletion Contained Gold Oz (x 1,000)

Efemcukuru 550 678 128 224

Kisladag 3,759 3,559 (200) 144

Lamaque Complex (Triangle + Parallel) 877 658 (219) (43)

Lamaque Complex (Ormaque) 0 619 619 619

Olympias 1,907 1,770 (137) (11)

Perama Hill 995 997 2 2

Skouries 3,630 3,630 0 0

Total 11,717 11,911 194 936

NOTE: Totals may not sum due to rounding.

(1) The Company reports its MRMR as of September 30, 2024. A s such, the change year over year is from October 1, 2023 to

September 30, 2024.

Mineral Resources Update

Eldorado’s Measured and Indicated Mineral Resources (“M&I Mineral Resources”) totalled 22.0 million

ounces gold, as of September 30, 202 4. The Company successfully converted Inferred Mineral Resourc es

to M&I Mineral Resources at Ormaque, within the Lamaque Complex, and at Efemcukuru. The total is offset

by depletion at the other operating mines. This resulted in a 3% decrease from the previous MRMR statement

from September 30 th, 2023. Eldorado’s Inferred Mineral Resources totalled 6.8 million ounces as of

September 30, 2024, a 10% decrease from the previous MRMR statement. Detailed MRMR disclosure tables

are included at the end of this news release.

- Lamaque Complex: The increase in total M&I Mineral Resources is primarily related to conversion

from Inferred Mineral Resources at Ormaque, whilst partially offset by depletion at Triangle.

o Ormaque: M&I Mineral Resources increased nearly 300% attributable to significant

expansion and conversion of Inferred Mineral Resources. Inferred Mineral Resources

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decreased as a result of the above-mentioned conversion, partially offset by the a ddition of

new Inferred Mineral Resources.

o Triangle: M&I Mineral Resources decreased due to depletion and Inferred Mineral

Resources decreased due to discontinuities in C7 vein continuity recognised during in-fill

drilling, grade changes, and cut -off grade assumptions, coupled with conversion to M&I

Mineral Resources.

- Kisladag: The decrease in M&I Mineral Resources is primarily from depletion. Inferred Mineral

Resources remained relatively unchanged period-over-period.

- Efemcukuru: The decrease in M&I Mineral Resources is primarily from depletion, partially offset by

the conversion to Mineral Reserves at Kokarpinar South . The slight decrease in Inferred Mineral

Resources is attributable to conversion to M&I Mineral Resources.

- Olympias: Both M&I Mineral Resources and Inferred Mineral Resources decreased due to depletion,

model estimation parameters updates, and the exclusion of un -minable material which were

previously included , off -setting extensional discoveries . As part of the annual review of Mineral

Resources with respect to reasonable prospects for eventual economic extraction (“RPEEE”), some

un-mineable material was removed due to proximity to existing infrastructure , areas of poor

geotechnical conditions and inaccessibility due to previous mining activities.

The following table summarizes the period-over-period changes to the Company’s Mineral Resources:

Measured and Indicated Gold Mineral Resources(1) Inferred Gold Mineral Resources

2023 2024

Change(2)

2023 2024

Change(2) Contained Gold

ounces (x1000)

Contained Gold

ounces (x1000)

Lamaque Complex

Triangle, Parallel & Plug #4 1,679 1,424 (255)

2,305 1,731 (574)

Ormaque 191 748 557 927 837 (90)

Lamaque Complex Total 1,870 2,172 302 3,232 2,568 (664)

Kisladag 6,290 5,816 (474) 107 100 (7)

Efemcukuru 1,200 1,155 (45) 176 168 (8)

Olympias 3,198 2,663 (535) 589 457 (132)

Perama Hill 1,374 1,374 - 59 59 -

Perama South 0 0 - 728 728 -

Piavitsa 0 0 - 1,025 1,025 -

Sapes 0 0 - 820 820 -

Skouries 5,030 5,030 - 814 814 -

Subtotal 18,962 18,210 (752) 7,550 6,739

Certej(3) – held for sale 3,829 3,829 - 23 23

Total 22,791 22,039 (752) 7,573 6,762 (811)

NOTE: Totals may not sum due to rounding.

(1) Mineral Resources are inclusive of Mineral Reserves.

(2) The Company Reports on its MRMR as of September 30 , 2024. As such, the change year over year is from October 1, 2023 to

September 30, 2024.

(3) As disclosed in the Q3 2024 Managements Discussion & Analysis, the Certej project has been presented as a disposal group held

for sale as at September 30, 2024 and as a discontinued operation for the three and nine months ended September 30, 2024. On

October 7, 2024, the Company entered into a share purchase agreement to sell the Certej project. The closing of the disposition is

subject to certain conditions.

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2025 Reporting Schedule

The Company intends to report, and host a conference call led by senior management, as set out in the table

below. The Company reserves the right to amend the schedule in its discretion and will inform the market of

any changes in schedule.

Event Result Date Conference Call Date

Fourth Quarter and Full Year 2024 February 20, 2025 February 21, 2025

First Quarter 2025 May 1, 2025 May 2, 2025

Second Quarter 2025 July 31, 2025 August 1, 2025

Third Quarter 2025 October 30, 2025 October 31, 2025

About Eldorado

Eldorado is a gold and base metals producer with mining, development and exploration operations in Turkiye,

Canada and Greece. The Company has a highly skilled and dedicated workforce, safe and responsible

operations, a portfolio of high -quality assets, and long-term partnerships with local communities. Eldorado's

common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE:

EGO).

Contact

Investor Relations

Lynette Gould, VP, Investor Relations, Communications & External Affairs

647 271 2827 or 1 888 353 8166

[email protected]

Media

Chad Pederson, Director, Communications and Public Affairs

236 885 6251 or 1 888 353 8166

[email protected]

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Eldorado Gold Mineral Reserves as of September 30, 2024

Project

Gold Tonnes Au Contained Au Tonnes Au Contained Au Tonnes Au Contained Au

(x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000)

Efemcukuru 985 5.13 162 3,436 4.67 515 4,421 4.77 678

Kisladag 151,878 0.68 3,296 15,688 0.52 263 167,566 0.66 3,559

Triangle, Parallel 1,357 5.70 249 1,956 6.50 409 3,313 6.19 658

Ormaque 3 7.76 1 2,661 7.22 618 2,664 7.22 619

Lamaque Complex 1,360 5.72 250 4,617 6.92 1,027 5,977 6.65 1,277

Olympias 3,411 7.90 868 5,930 4.70 903 9,341 5.89 1,770

Perama Hill 3,116 4.08 409 7,196 2.54 587 10,312 3.01 997

Skouries 73,101 0.87 2,053 74,015 0.66 1,576 147,116 0.77 3,630

TOTAL GOLD 233,851 0.94 7,038 110,882 1.37 4,871 344,733 1.07 11,911

Silver Tonnes Ag Contained Ag Tonnes Ag Contained Ag Tonnes Ag Contained Ag

(x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000)

Olympias 3,411 118 12,979 5,930 116 22,046 9,341 117 35,024

Perama Hill 3,116 4.02 403 7,196 5.37 1,241 10,312 4.96 1,644

TOTAL SILVER 6,527 64 13,382 13,126 55 23,287 19,653 58 36,668

Copper Tonnes Cu Contained Cu Tonnes Cu Contained Cu Tonnes Cu Contained Cu

(x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)

Skouries 73,101 0.52 381 74,015 0.49 359 147,116 0.50 740

TOTAL COPPER 73,101 0.52 381 74,015 0.49 359 147,116 0.50 740

Lead Tonnes Pb Contained Pb Tonnes Pb Contained Pb Tonnes Pb Contained Pb

(x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)

Olympias 3,411 3.7 128 5,930 4.2 250 9,341 4.0 378

TOTAL LEAD 3,411 3.8 128 5,930 4.2 250 9,341 4.0 378

Zinc Tonnes Zn Contained Zn Tonnes Zn Contained Zn Tonnes Zn Contained Zn

(x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)

Olympias 3,411 4.6 158 5,930 5.3 315 9,341 5.1 474

TOTAL ZINC 3,411 4.6 158 5,930 5.3 315 9,341 5.1 474

Proven Mineral Reserves Probable Mineral Reserves Total Proven and Probable

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Eldorado Gold Mineral Reserves as of September 30, 2023

Project

Gold Tonnes Au Contained Au Tonnes Au Contained Au Tonnes Au Contained Au

(x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000)

Efemcukuru 1,290 5.18 215 2,082 5.01 335 3,372 5.08 550

Kisladag 163,085 0.68 3,543 13,491 0.50 216 176,576 0.67 3,759

Lamaque Complex 1,033 6.07 202 3,422 6.14 675 4,454 6.12 877

Olympias 2,354 8.88 672 6,502 5.91 1,235 8,856 6.70 1,907

Perama Hill 3,116 4.08 409 7,176 2.54 586 10,292 3.01 995

Skouries 73,101 0.87 2,053 74,015 0.66 1,576 147,116 0.77 3,630

TOTAL GOLD 243,978 0.90 7,093 106,687 1.35 4,624 350,665 1.04 11,717

Silver Tonnes Ag Contained Ag Tonnes Ag Contained Ag Tonnes Ag Contained Ag

(x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000)

Olympias 2,354 126 9,568 6,502 126 26,242 8,856 126 35,810

Perama Hill 3,116 4.0 403 7,176 5.4 1,237 10,292 5.0 1,639

TOTAL SILVER 5,470 57 9,971 13,678 62 27,479 19,148 61 37,450

Copper Tonnes Cu Contained Cu Tonnes Cu Contained Cu Tonnes Cu Contained Cu

(x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)

Skouries 73,101 0.52 381 74,015 0.48 359 147,116 0.50 740

TOTAL COPPER 73,101 0.52 381 74,015 0.48 359 147,116 0.50 740

Lead Tonnes Pb Contained Pb Tonnes Pb Contained Pb Tonnes Pb Contained Pb

(x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)

Olympias 2,354 4.0 94 6,502 4.3 280 8,856 4.2 374

TOTAL LEAD 2,354 4.0 94 6,502 4.3 280 8,856 4.2 374

Zinc Tonnes Zn Contained Zn Tonnes Zn Contained Zn Tonnes Zn Contained Zn

(x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)

Olympias 2,354 4.7 111 6,502 5.5 357 8,856 5.3 468

TOTAL ZINC 2,354 4.7 111 6,502 5.5 357 8,856 5.3 468

Proven Mineral Reserves Probable Mineral Reserves Total Proven and Probable

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Notes:

(1) Resource grades are reported undiluted, however resources are assessed for reasonable expectation of economic extraction by applying expected minimum mining shapes.

(2) As disclosed in the Q3 2024 Managements Discussion & Analysis, the Certej project has been presented as a disposal group he ld for sale as at September 30, 2024 and as a discontinued operation for the three

and nine months ended September 30, 2024. On October 7, 2024, the Company entered into a share purchase agreement to sell the Certej project. The closing of the disposition is subject to cert ain conditions.

(3) Mineralized shapes based on RPEEE identified based on 2.5 g/t Au COG; within shapes material below incremental COG of 1.0 g/t have been excluded; grades are diluted by must -take material between 1.0 and

2.5 g/t Au.

(4) Due to narrow veins, continued conversion of Resources to Reserves at Ormaque will reflect expected lower grades to fully r epresent mining modifying factors.

Eldorado Gold Mineral Resources as of September 30, 2024 (1)

Project

Gold Tonnes Au Contained Au Tonnes Au Contained Au Tonnes Au Contained Au Tonnes Au Contained Au

(x1000) g/t ounces

(x1000) (x1000) g/t ounces

(x1000) (x1000) g/t ounces

(x1000) (x1000) g/t ounces

(x1000)

Certej (2) 29,300 1.73 1,626 58,653 1.17 2,203 87,953 1.35 3,829 842 0.86 23

Efemcukuru (3) 1,556 7.23 362 3,849 6.40 793 5,405 6.64 1,155 1,300 4.02 168

Kisladag 260,131 0.61 5,129 42,358 0.50 687 302,489 0.59 5,816 6,656 0.47 100

Triangle, Plug #4, Parallel 2,269 6.55 477 4,367 6.74 947 6,636 6.67 1,424 8,188 6.58 1,731

Ormaque (4) 3 7.76 1 1414 16.44 747 1,417 16.41 748 1,750 14.87 837

Lamaque Complex 2,272 6.55 478 5,781 9.12 1,694 8,053 8.39 2,172 9,938 8.04 2,568

Olympias 4,200 9.71 1,311 6,966 6.04 1,352 11,166 7.42 2,663 2,081 6.82 457

Perama Hill 3,093 4.15 412 10,973 2.73 962 14,066 3.04 1,374 1,136 1.63 59

Perama South 0 0.00 0 0 0.00 0 0 0.00 0 14,870 1.52 728

Piavitsa 0 0.00 0 0 0.00 0 0 0.00 0 6,613 4.82 1,025

Sapes 0 0.00 0 0 0.00 0 0 0.00 0 3,434 7.43 820

Skouries 90,714 0.85 2,479 149,260 0.53 2,551 239,974 0.65 5,030 67,657 0.37 814

TOTAL GOLD 391,266 0.94 11,797 277,840 1.15 10,242 669,106 1.02 22,039 114,527 1.84 6,762

Silver Tonnes Ag Contained Ag Tonnes Ag Contained Ag Tonnes Ag Contained Ag Tonnes Ag Contained Ag

(x1000) g/t ounces

(x1000) (x1000) g/t ounces

(x1000) (x1000) g/t ounces

(x1000) (x1000) g/t ounces

(x1000)

Certej (2) 29,300 9 8,111 58,653 10 18,103 87,953 9 26,214 842 4 110

Efemcukuru 1,556 22 1,091 3,849 22 2,663 5,405 22 3,754 1,300 31 1,303

Olympias 4,200 147 19,846 6,966 139 31,119 11,166 142 50,965 2,081 135 9,028

Perama Hill 3,093 4 415 10,973 7 2,579 14,066 7 2,994 1,136 2 83

Piavitsa 0 0 0 0 0 0 0 0 0 6,613 54 11,389

Stratoni 0 0 0 1,391 152 6,785 1,391 152 6,785 1,807 166 9,672

TOTAL SILVER 38,149 24 29,463 81,832 23 61,249 119,981 24 90,712 13,779 71 31,585

Copper Tonnes Cu Contained Cu Tonnes Cu Contained Cu Tonnes Cu Contained Cu Tonnes Cu Contained Cu

(x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)

Skouries 90,714 0.51 466 149,260 0.44 652 239,974 0.47 1,118 67,657 0.40 267

TOTAL COPPER 90,714 0.51 466 149,260 0.44 652 239,974 0.47 1,118 67,657 0.40 267

Lead Tonnes Pb Contained Pb Tonnes Pb Contained Pb Tonnes Pb Contained Pb Tonnes Pb Contained Pb

(x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)

Olympias 4,200 4.7 197 6,966 5.0 350 11,166 4.9 547 2,081 5.0 105

Stratoni 0 0.0 0 1,391 6.0 84 1,391 7 84 1,807 6.9 124

TOTAL LEAD 4,200 4.69 197 8,357 5.2 434 12,557 5.0 631 3,888 5.9 229

Zinc Tonnes Zn Contained Zn Tonnes Zn Contained Zn Tonnes Zn Contained Zn Tonnes Zn Contained Zn

(x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)

Olympias 4,200 5.9 247 6,966 6.5 451 11,166 6.3 698 2,081 5.9 123

Stratoni 0 0.0 0 1,391 8.4 117 1,391 8.4 117 1,807 8.3 150

TOTAL ZINC 4,200 5.9 247 8,357 6.8 568 12,557 6.5 815 3,888 7.0 273

Measured Resources Indicated Resources Total Measured and Indicated Inferred Resources

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Notes:

(1) Resource grades are reported undiluted, however resources are assessed for reasonable expectation of economic extraction by applying expected minimum mining shapes.

(2) As disclosed in the Q3 2024 Managements Discussion & Analysis, the Certej project has been presented as a disposal group held for sale as at September 30, 2024 and as a

discontinued operation for the three and nine months ended September 30, 2024. On October 7, 2024, the Company entered into a share purchase agreement to sell the Certej project. The

closing of the disposition is subject to certain conditions.

(3) Due to narrow veins, any future potential conversion of Resources to Reserves at Ormaque will reflect expected lower grades to fully represent mining modifying factors.

Eldorado Gold Mineral Resources as of September 30, 2023 (1)

Project

Gold Tonnes Au Contained Au Tonnes Au Contained Au Tonnes Au Contained Au Tonnes Au Contained Au

(x1000) g/t ounces

(x1000) (x1000) g/t ounces

(x1000) (x1000) g/t ounces

(x1000) (x1000) g/t ounces

(x1000)

Certej (2) 29,300 1.73 1,626 58,653 1.17 2,203 87,953 1.35 3,829 842 0.86 23

Efemcukuru 1,588 7.15 365 3,991 6.51 835 5,580 6.69 1,200 1,323 4.13 176

Kisladag 286,037 0.61 5,585 44,280 0.50 705 330,317 0.59 6,290 7,529 0.44 107

Triangle, Plug #4, Parallel 1,183 8.12 309 5,627 7.58 1,370 6,810 7.67 1,679 9,728 7.37 2,305

Ormaque (3) 0 0.00 0.00 309 19.24 191 309 19.24 191 1,869 15.43 927

Lamaque Complex 1,183 8.12 309 5,936 8.19 1,561 7,119 8.17 1,870 11,597 8.67 3,232

Olympias 3,447 10.59 1,174 8,992 7.00 2,024 12,439 8.00 3,198 2,339 7.84 589

Perama Hill 3,093 4.15 412 10,973 2.73 962 14,066 3.04 1,374 1,136 1.63 59

Perama South 0 0.00 0 0 0.00 0 0 0.00 0 14,870 1.52 728

Piavitsa 0 0.00 0 0 0.00 0 0 0.00 0 6,613 4.82 1,025

Sapes 0 0.00 0 0 0.00 0 0 0.00 0 3,434 7.43 820

Skouries 90,714 0.85 2,479 149,260 0.53 2,551 239,974 0.65 5,030 67,657 0.37 814

TOTAL GOLD 415,362 0.89 11,950 282,086 1.20 10,841 697,448 1.02 22,791 117,341 2.01 7,574

Silver Tonnes Ag Contained Ag Tonnes Ag Contained Ag Tonnes Ag Contained Ag Tonnes Ag Contained Ag

(x1000) g/t ounces

(x1000) (x1000) g/t ounces

(x1000) (x1000) g/t ounces

(x1000) (x1000) g/t ounces

(x1000)

Certej (2) 29,300 9 8,111 58,653 10 18,103 87,953 9 26,214 842 4 110

Olympias 3,447 152 16,849 8,992 144 41,770 12,439 147 58,619 2,339 179 13,488

Perama Hill 3,093 4 415 10,973 7 2,579 14,066 7 2,994 1,136 2 83

Piavitsa 0 0 0 0 0 0 0 0 0 6,613 54 11,389

Stratoni 0 0 0 1,391 152 6,785 1,391 152 6,785 1,807 166 9,672

TOTAL SILVER 35,840 22 25,375 80,009 27 69,237 115,849 25 94,612 12,737 85 34,742

Copper Tonnes Cu Contained Cu Tonnes Cu Contained Cu Tonnes Cu Contained Cu Tonnes Cu Contained Cu

(x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)

Skouries 90,714 0.51 466 149,260 0.44 652 239,974 0.47 1,118 67,657 0.40 267

TOTAL COPPER 90,714 0.51 466 149,260 0.44 652 239,974 0.47 1,118 67,657 0.40 267

Lead Tonnes Pb Contained Pb Tonnes Pb Contained Pb Tonnes Pb Contained Pb Tonnes Pb Contained Pb

(x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)

Olympias 3,447 4.8 167 8,992 4.9 441 12,439 4.9 608 2,339 6.2 146

Stratoni 0 0.0 0 1,391 6.0 84 1,391 6.0 84 1,807 6.9 124

TOTAL LEAD 3,447 4.84 167 10,383 5.1 525 13,830 5.0 692 4,146 6.5 270

Zinc Tonnes Zn Contained Zn Tonnes Zn Contained Zn Tonnes Zn Contained Zn Tonnes Zn Contained Zn

(x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)

Olympias 3,447 5.9 204 8,992 6.6 593 12,439 6.4 797 2,339 6.8 160

Stratoni 0 0.0 0 1,391 8.4 117 1,391 8.4 117 1,807 8.3 150

TOTAL ZINC 3,447 5.9 204 10,383 6.8 710 13,830 6.6 914 4,146 7.5 310

Measured Resources Indicated Resources Total Measured and Indicated Inferred Resources