Eldorado Gold Corporation ((TSX:ELD, NYSE:EGO), (TSX:ELD, NYSE:EGO) ("Eldorado" or the "Company") today announced that it has entered into a project alliance in the form of a Memorandum of Understanding ("MoU") with G Mining Services Inc. ("G Mining"), establishing a strategic engineering and construction alliance to support project delivery across Eldorado's portfolio.

Under the MoU, G Mining will provide engineering and construction services in support of Eldorado's project development and execution activities, including early project definition, engineering support, constructability reviews, and planning. The agreement is intended to enhance project readiness, delivery certainty, and capital efficiency across a range of current and future projects, including:

  • Perama Hill;
  • the Lamaque Complex, including the Sigma Mill expansion;
  • Skouries, including construction support to complete mill start-up and ramp up, as well as underground project infrastructure;
  • Olympias, including the mill filtration modernization project and supporting facility upgrades; and
  • McIlvenna Bay, including studies and potential implementation of projects to increase throughput, improve value, and optimize materials handling (subject to completion of the proposed acquisition of Foran Mining).