November 2, 2010
Eldorado Gold Corporation announced that the Company has completed its first shipment of iron ore produced from its Vila Nova Mine, located in Amapa State, Brazil. This shipment consisted of 45,000 tonnes of lump ore grading approximately 63% Fe that was sold into the Chinese spot market. The next shipment will occur later in November 2010 and will consist of an additional 45,000 tonnes of sinter ore. The shipments are part of the 2010 trial mining plan which was developed to test the ore quality, plant throughput and transportation logistics. Vila Nova intends to ship an additional 90,000 tonnes under this plan.