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Gold/Mining/Energy : Eldorado -- Ignore unavailable to you. Want to Upgrade?

To: Martin Wormser who wrote (439)	5/6/1999 2:32:00 PM
From: Alex	Read Replies (1) \| Respond to of 527

$350 - Bring it on. (eom)

To: Martin Wormser who wrote (439)	6/2/1999 3:21:00 PM
From: Alex	Read Replies (2) \| Respond to of 527

ELDORADO RESUMES WORK ON KISLADAG DISCOVERY VANCOUVER, BC-- Eldorado Gold Corporation ("Eldorado") is pleased to announce the immediate resumption of activity on its 100% owned Kisladag gold project located in western Turkey. Following a successful diamond drill program on the property in early 1999, Eldorado has prepared a work program and secured the necessary permits to further evaluate the potential of the Gokgoz Tepe zone and adjacent targets. Results from previous work have identified a large zone of mineralization, approximately 1000 x 600 meters, corresponding to strong geochemical and IP anomolies, extending along a NW/SE trend over Gokgoz Tepe. Mineralization is associated with disseminated sulphides and quartz pyrite veining in chloritic and argillically altered andesite. Drill indicated results from the previous drilling have ranged from 0.9 g/t to 1.77g/t over total hole lengths, to depths of 250 meters. A central 400 x 200 meter zone with higher-grade gold intersections has averaged 1.6 g/t. The planned work program, with a budget of US$725,000, will include 23 HQ diamond core holes totaling 4500 meters. Infill and step out holes are planned to further define the deposit and investigate expansion of the main zone known to be open at depth and along strike to the east and west. Drilling and trenching are also planned for other known targets on the Kisladag property. Metallurgical amenability testwork will be carried out by Lakefield Research Ltd. to assess gold recovery methods. Micon International Limited ("Micon") will carry out an audit at startup of drilling to verify that sample preparation and assaying procedures meet approved standards. Micon will also be retained for verification of the resource estimations. The overall objective of the Kisladag program is to further define the size and contained grade of the deposit. With completion of this program, scheduled for early October 1999, Eldorado expects to advance the Kisladag Gold Project to the next phase of development, through initiation of a prefeasibility study by the end of 1999. Eldorado Gold Corporation is an international gold mining company with an extensive background in acquiring, discovering and developing quality gold assets. The Corporation's goal is to create a portfolio of low cost mining assets with a strong financial base. ON BEHALF OF ELDORADO GOLD CORPORATION "Paul N. Wright" Paul N. Wright President & Chief Operating Officer Eldorado Gold Corporation's shares (Symbol: ELD) trade on the Toronto Stock Exchange ("TSE") and the Vancouver Stock Exchange ("VSE"). Neither the TSE, nor the VSE have approved or disapproved the form or content of this release. Investor Relations Contacts: Tel: (604) 687-4018 and 1-888-ELD-8166 Fax: (604) 687-4026 www.eldoradogold.com Suite 920 - 1055 West Hastings Street, Vancouver, British Columbia, Canada V6E 2E9 fin-info.com