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Message: Deepest Intercept Drilled in the North Ore Shoot, Efemcukuru: 2.6 Meters at 51.9

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Deepest Intercept Drilled in the North Ore Shoot, Efemcukuru: 2.6 Meters at 51.9

posted on May 07, 09 04:38AM

May 6, 2009

Eldorado Gold Announces the Deepest Intercept Drilled in the North Ore Shoot, Efemcukuru: 2.6 Meters at 51.9 g/t Au

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 6, 2009) -

(all figures in United States dollars)

Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation ("Eldorado" the "Company" or "we") (TSX:ELD)(NYSE Amex:EGO) is pleased to announce that diamond drilling in the North Ore Shoot ("NOS") at the Efemcukuru gold project, Turkey has encountered the highest grade and deepest intercept drilled in the NOS to date. KV-310 intersected 2.6 meters (drilled length) at 51.9 g/t Au, 39.4 g/t Ag, 3.7% Pb and 4.3% Zn. Table 1 shows the results for the three latest holes drilled in the NOS, and Figure 1 is a long section showing the hole locations and grade contours.

Paul N. Wright commented "The North Ore Shoot continues to contribute to the persistence and quality of the vein system at depth and augurs well in terms of continued potential for resource expansion. We will continue to drill the North Ore Shoot with the intention of incorporating the results in an updated Mine Plan and Reserve Statement in Q4 2009".

Table 1
-------
---------------------------------------------------------------------------
Hole #    From (m)    To (m)    Length (m)    Au g/t   Ag g/t   Pb %   Zn %
---------------------------------------------------------------------------
KV-308      179.1     182.2           3.1       6.81     33.6    2.4    4.4
---------------------------------------------------------------------------
KV-310      215.8     218.4           2.6       51.9     39.4    3.7    4.3
---------------------------------------------------------------------------
KV-311      150.7     152.5           1.8       29.9     19.8    1.2    2.7
---------------------------------------------------------------------------

Stephen Juras, Ph.D., P.Geo., Manager, Geology is the qualified person for the technical disclosure in this press release. Samples from our Efemcukuru project are prepared at Eldorado's facility in Turkey and assayed at the ALS facility in Vancouver, Canada. Analysis for gold is done on sawn half core samples using fire assay (AA finish). Higher grade samples (greater than 5 g/t) were re-assayed using fire assay with gravimetric finish. Standard reference materials, blank and field duplicate samples are inserted prior to shipment from site to monitor the quality control of the assay data.

Eldorado is a gold producing, exploration and development company actively growing businesses in Brazil China, Greece, and Turkey and surrounding regions. We are one of the lowest cost pure gold producers . With our international expertise in mining, finance and project development, together with highly skilled and dedicated staff, we believe that Eldorado is well positioned to grow in value as we create and pursue new opportunities.

ON BEHALF OF ELDORADO GOLD CORPORATION

Paul N. Wright, President and Chief Executive Officer

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