ANCOUVER, British Columbia, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or “the Company”) announces fourth quarter 2023 preliminary gold production of 143,166 ounces, and full year preliminary gold production of 485,140 ounces. Fourth quarter production was strong across all assets and in line with the Company’s expectation of a stronger second half of 2023. Full year preliminary production was at the midpoint of the tightened guidance range of 475,000 to 495,000 ounces, as announced in the third quarter 2023 results news release. Detailed production, by asset, is outlined in the table below.

Q4 2023 Preliminary Gold Production

Gold Production (oz)
Mine Q4 2023 Q3 2023 Q2 2023 Q1 2023
Kisladag 46,291 37,219 34,180 37,160
Lamaque Complex 56,619 43,821 38,745 37,884
Efemcukuru 22,374 21,142 22,644 19,928
Olympias 17,882 18,848 13,866 16,537
Total Gold Production (oz) 143,166 121,030 109,435 111,509


Gold Production (oz)
Mine Full Year 2023 Full Year 2022
Kisladag 154,850 135,801
Lamaque Complex 177,069 174,097
Efemcukuru 86,088 87,685
Olympias 67,133 56,333
Total Gold Production (oz) 485,140 453,916

Canada

The Lamaque Complex delivered record gold production both in the fourth quarter and for the year. During the fourth quarter, production increased 29% over the third quarter driven by increased grade and mill throughput.

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