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Market: TSX, NYSE
Sector: Gold Mining
Epic: TSX:ELD
News: Latest news
Web Site: Eldorado Gold
Other Articles: 06-01-2009

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Friday July 03, 10:01Commercial property: The contrarian view

The global recession has hit commercial real estate companies hard, with capital values falling 43.6% from their peak in June 2007.

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Friday July 03, 05:05White Canyon Uranium CEO to progress production at Daneros Uranium Mine in 2009

The company has a new Managing Director and CEO - Peter Batten - as of this week. The Daneros Mine has recently received its Permit to Mine in Utah - with production expected in 2009.

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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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