New Discovery at Eldorado Gold

Eldorado Gold Corporation announces the discovery of a new high-grade gold mineralization zone at its Lamaque Operations near Val d’Or, Quebec. This discovery, called the Ormaque Zone, is located in a previously undrilled area approximately midway between the historically mined Sigma Deposit and the actively mined Triangle Deposit, in close proximity to the proposed transportation decline linking the Triangle underground mine and the Sigma Mill, all included in the growing Lamaque Operations.

 

Thirteen holes, totalling 10,096m of drill core, have been completed to target depth in the discovery area since July 2019. Assay results have now been received for seven drill holes, representing 4,424m or 44% of the total drilling.

 

The Company is also pleased to announce that it completed two transactions in December 2019 that add exposure to land packages with early stage exploration opportunities in the Eastern Abitibi.

 

 

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