 | |
Resources and Reserves Statement
Table 1: Eldorado Gold Mineral Resources, December 31, 2007
Project |
Resource Classification |
Tonnes
(x1000) |
Grade
(Au g/t or Fe %) |
In-situ Gold ounces
(x1000) |
GOLD |
|
|
|
|
Kişladağ |
Measured |
69,860 |
1.10 |
2,467 |
Indicated |
185,530 |
0.89 |
5,284 |
Measured + Indicated |
255,390 |
0.95 |
7,751 |
Inferred |
140,510 |
0.74 |
3,346 |
Tanjianshan |
Measured |
6,265 |
3.56 |
718 |
Indicated |
4,725 |
3.29 |
499 |
Measured + Indicated |
10,990 |
3.44 |
1,217 |
Inferred |
1,693 |
2.69 |
146 |
Efemçukuru
|
Measured |
1,150 |
14.07 |
520 |
Indicated |
2,937 |
9.81 |
927 |
Measured + Indicated |
4,087 |
11.01 |
1,447 |
Inferred |
891 |
8.32 |
239 |
Total
|
Measured |
77,275 |
1.49 |
3,705 |
Indicated |
193,192 |
1.08 |
6,710 |
Measured + Indicated |
270,467 |
1.20 |
10,415 |
Inferred |
143,094 |
0.81 |
3,731 |
IRON ORE |
|
|
|
|
Vila Nova
|
Measured |
2,285 |
63.5 |
|
Indicated |
7,679 |
61.0 |
|
Measured + Indicated |
9,964 |
61.6 |
|
Inferred |
2,022 |
61.2 |
|
Notes:
- Gold price used was $600/oz.
- Cut-off grades (gold g/t): Kişladağ: 0.4 g/t; Tanjianshan: 1.0 g/t; Efemçukuru: 3.0 g/t
- Qualified Person: Stephen Juras, Ph.D., P.Geo. and Manager, Geology of the Company is responsible for all of the mineral resource estimates
Table 2: Eldorado Gold Mineral Reserves, December 31, 2007
Project |
Reserve Classification |
Tonnes
(x1000) |
Grade
(Au g/t or Fe %) |
In-situ Gold ounces
(x1000) |
GOLD |
|
|
|
|
Kişladağ |
Proven |
67,930 |
1.11 |
2,424 |
Probable |
85,400 |
1.12 |
3,076 |
Proven + Probable |
153,330 |
1.12 |
5,500 |
Tanjianshan
|
Proven |
5,020 |
3.88 |
626 |
Probable |
2,322 |
4.13 |
308 |
Proven + Probable |
7,342 |
3.96 |
934 |
Efemçukuru
|
Proven |
1,320 |
11.89 |
505 |
Probable |
2,465 |
9.04 |
716 |
Proven + Probable |
3,785 |
10.04 |
1,221 |
Total
|
Proven |
74,270 |
1.49 |
3,555 |
Probable |
90,187 |
1.41 |
4,100 |
Proven + Probable |
164,457 |
1.45 |
7,655 |
IRON ORE |
|
|
|
|
Vila Nova
|
Proven |
2,285 |
63.5 |
|
Probable |
6,987 |
60.2 |
|
Proven + Probable |
9,272 |
61.0 |
|
Notes:
- Gold price used was $600/oz.
- Cut-off grades (gold g/t): Kişladağ: 0.35 g/t oxide, 0.50 g/t sulphide; Tanjianshan: 1.3 g/t QLT and JLG oxide, 1.64 g/t JLG sulphide; Efemçukuru: 4.5 g/t
- Qualified Persons: Norm Pitcher, P.Geo. and Chief Operating Officer of the Company is responsible for the Kişladağ and Tanjianshan reserves; Andy Nichols, P.Eng., Chief Mining Engineer of Wardrop Engineering is responsible for the Efemçukuru reserves; Roberto Costa, principal of Roberto Costa Engenharia Ltda, is responsible for the Vila Nova reserves.
- The Mineral Reserves are inclusive to the Mineral Resources.
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