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Market: TSX, NYSE
Sector: Gold Mining
Epic: TSX:ELD
News: Latest news
Web Site: Eldorado Gold
Other Articles: 14-01-201012-01-201009-12-2009

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Tuesday March 16, 12:29Mercator Gold to sell exclusive Copper Flat option to Canada's THEMAC Resources

The deal will allow the group to retain a substantial interest in the promising Mexican copper-gold-molybdenum-silver project without the associated costs.

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Monday March 15, 11:56Bionomics to present at Ultimate Healthcare & Biotechnology Event, March 24

Deborah Rathjen, CEO of Bionomics, recommended by UK Investment Reseach house Edison Investment Research, "our new valuation for BNO is at 55 cents" will present in Sydney.

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Monday March 15, 09:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Eldorado Gold

Eldorado Gold

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.
Tuesday, January 06, 2009

Eldorado Gold says Efemcukuru drilling continues to grow deposit

Eldorado Gold Corp said results from the first 5 holes testing the North Ore Shoot (NOS) at the Efemcukuru project in Western Turkey show strengthening of the grades and value of the system laterally and at depth.


The program is designed to test the extension of this poorly defined third ore shoot in the Efemcukuru system. Drilling is planned to continue throughout the first quarter 2009.


One hole encountered 21.1 grams per ton of gold and 52.7 g/t of silver at an interval 4.4 metres  long and 4.1 metres wide, while another found 23.1 g/t of gold and 77.1 metres of silver at a 2.3 metres by 2.1 metres interval.


The gold mineralization is consistently associated with high silver values and anomalous base metal concentrations. At present the NOS mineralization is not included in the Efemcukuru Project mining plan.
"These excellent results demonstrate the potential for the North Ore Shoot to contribute to additional reserve growth at Efemcukuru beyond the current 1.2 million ounces," commented Paul Wright, president and CEO.

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