* Eldorado Gold Provides Kisladag Mine Update
Eldorado Gold: Court Rules That Expert Reports Were Insufficient
Eldorado Gold Announces Kisladag Update Conference Call
VANCOUVER, BRITISH COLUMBIA, Feb 11, 2008 (MARKET WIRE via COMTEX) -- Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corp. (CA:ELD) (EGO: EGO) , will host a conference call at 1:30 PM PT (4:30 PM ET) today, Monday February 11, 2008.
The call is being webcast by Thomson Financial and can be accessed at Eldorado Gold's web site at http://www.eldoradogold.com or from http://www.marketwire.com.
Teleconference call details are as follows:
Call in numbers are:
Toronto: 416-641-6117
Toll Free: 1-866-223-7781
Chairperson: Paul Wright, President & CEO
The replay numbers are:
Toronto: 416-695-5800
Toll Free: 1-800-408-3053
Passcode: 3252596#
Replay will be available until February 18, 2008.
Eldorado Gold Corporation is a gold producing and exploration company actively growing businesses in Brazil, Turkey and China. With our international expertise in mining, finance and project development, together with highly skilled and dedicated staff, we believe that Eldorado is well positioned to grow in value as we create and pursue new opportunities.
Request for information packages: info@eldoradogold.com.
Contacts:
Eldorado Gold Corporation
Nancy E. Woo
Manager Investor Relations
(604) 601-6650 or 1-888-353-8166
(604) 687-4026 (FAX)
Email: nancyw@eldoradogold.com
Website: http://www.eldoradogold.com
SOURCE: Eldorado Gold Corporation
mailto:nancyw@eldoradogold.com
http://www.eldoradogold.com
Eldorado Gold Corporation: Kisladag Mine Update
VANCOUVER, BRITISH COLUMBIA, Feb 11, 2008 (MARKET WIRE via COMTEX) -- Eldorado Gold Corporation (the "Company") (CA:ELD) (EGO:
EGO) today announced that a decision has been reached relating to the Kisladag EIA (Environmental Impact Assessment). This decision was rendered by the 6th Department of the High Administrative Court in Ankara on February 6, 2008.
The High Administrative Court has concluded that the existing expert reports prepared for the Lower Administrative Court were insufficient to make either a positive or negative decision on the merits of the case. The case will now be returned to the Lower Administrative Court where it is most probable that a new expert committee will be assigned to review the case.
The temporary injunction which was placed by the High Administrative Court and resulted in the temporary closure of the mine, automatically expires with the decision on the case.
The Company will be in consultation with the Co-defendant, the Turkish Ministry of Environment and Forestry ("MOEF") regarding the next steps in the legal process.
Eldorado is a gold producing and exploration company actively growing businesses in Brazil, Turkey and China. We operate the Kisladag Mine and the Tanjianshan Mine. With our international expertise in mining, finance and project development, together with highly skilled and dedicated staff, we believe that Eldorado is well positioned to grow in value as we create and pursue new opportunities.
ON BEHALF OF ELDORADO GOLD CORPORATION
Paul N. Wright, President and Chief Executive Officer
Eldorado will host a conference call today at 1:30 pm PT (4:30 pm ET). You may participate in the conference call by dialing 416-641-6117 in Toronto or 1-866-223-7781 toll free in North America and asking for the Eldorado Conference Call with Chairperson: Paul Wright, President and CEO of Eldorado Gold. The call will be available on Eldorado's website http://www.eldoradogold.com. A replay of the call will be available until February 18, 2008 by dialing 416-695-5800 in Toronto or 1-800-408-3053 toll free in North America and entering the Pass code: 3252596#.