Eldorado Gold Releases Updated Mineral Reserve and Mineral Resource Statement; 2024 Gold Mineral Reserves Increased to 11.9 Million Oz with M&I Gold Mineral Resources of 22.0 Million Oz; Inaugural Mineral Reserve Declared at Ormaque; Outline of 2025 Reporting Schedule
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Eldorado Gold Corporation has released its updated Mineral Reserve and Mineral Resource estimates, showing an increase in 2024 gold mineral reserves to 11.9 million ounces and M&I gold mineral resources to 22.0 million ounces. The company also declared its inaugural mineral reserve at Ormaque and outlined its 2025 reporting schedule.
December 11, 2024 | 10:15 pm
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Eldorado Gold Corporation has increased its 2024 gold mineral reserves to 11.9 million ounces and M&I gold mineral resources to 22.0 million ounces. This update includes the inaugural mineral reserve at Ormaque, which could positively impact future production and revenues.
The increase in mineral reserves and resources suggests potential for higher future production and revenues, which is positive for Eldorado Gold's stock. The inaugural reserve at Ormaque adds to the company's asset base, further supporting growth prospects.
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