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Deliverables in Greece

  • EIS for the development of Greek assets approved by the Ministry of Environment, Energy and Climate Change 
  • In production at Stratoni 
  • Greek exploration drilling permit approved
  • Mandate letter for US$300m debt financing signed
  • Skouries and Olympias mine and construction permits imminent
  • Acceleration of Olympias gold plant – under financial and technical review
  • Financing alternatives under consideration
  • Key technical and operational appointments

Exploration

  • Identification of 3 part-drilled or drill-ready highly prospective targets in close proximity to Olympias & Stratoni
  • 2011 Greek phased drilling program, totalling 35,400m
  • Piavitsa re-sampling confirms broader zones of mineralisation with higher grade cores
  • Define maiden resources at Piavitsa and porphyry targets