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Market: TSX NYSE
Sector: Gold Mining
EPIC: ELD
Latest Price: 11.12  (1.14% Ascending)
52-week High: 21.50
52-week Low: 10.38
Market Cap: 7,910.50M
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Eldorado Gold
www.eldoradogold.com

Eldorado Gold Corporation is a gold mining company actively growing businesses in Brazil, China, Turkey, Greece, and surrounding regions. Eldorado Gold is one of the lowest cost pure gold producers, and anticipates production of 700,000 ounces of gold per annum by 2013.

Eldorado Gold drilling at Kisladag in Turkey extends ore grade mineralisation at depth

11th Sep 2009, 4:19 pm
Eldorado Gold drilling at Kisladag in Turkey extends ore grade mineralisation at depth

Eldorado Gold Corp (TSX: ELD; NYSE: EGO) said the latest 13-hole diamond drill exploration program at the Kisladag mine in western central Turkey has extended the higher grade gold mineralisation at depth. Drilling of the final hole will finish later this month.

The program was focused on testing the extent of higher grade gold mineralization below the current pit design limits and evaluating potential for deep mineralization in the eastern portion of the deposit. Drilling of the final hole will finish later this month.

The results received from 11 holes so far demonstrate continuous gold mineralization to more than 1,000 metres below surface, and include a 227 metres interval to 675 metres depth grading 0.66 grams per ton of gold and a 116 metres long interval to 617 metres depth grading 1.36 g/t gold, both outside the pit design.

Another hole intersected an 85 metres interval to 545 metres depth grading 2.02 g/t of gold outside the pit design
The new results will be incorporated into an updated mineral resource and mineral reserve estimate later in the year.

Chief operating officer Norm S Pitcher commented: "These strong results continue to confirm Kisladag as a world class gold deposit and add support to our earlier stated intentions to take advantage of opportunities to effectively increase annual production."

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