Eldorado receives Turkish approval for Kisladag EIA

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Eldorado receives Turkish approval for Kisladag EIA

posted on Jun 26, 2014 10:03PM

Eldorado receives Turkish approval for Kisladag EIA

2014-06-26 17:18 ET - News Release

Ms. Krista Muhr reports

ELDORADO GOLD ANNOUNCES RECEIPT OF THE KISLADAG EXPANSION EIA

Eldorado Gold Corp.'s wholly owned subsidiary, Tuprag Metal Madencilik Sanayi Ve Ticaret A.S., received a positive environmental impact assessment decision from the Ministry of Environment and Urbanization of Turkey this week. The EIA approval will allow for the expansion of the Kisladag open-pit mine throughput from its current 12.5 million tonnes per annum to a maximum of 35.0 million tonnes per annum should the company decide to proceed with expansion plans.

Eldorado plans to provide an update regarding the potential Kisladag expansion altenatives, along with its second quarter operating and financial results, to be released on July 31, 2014.

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