FORM 6-K
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of November, 2005
Commission File Number 001-31522
Eldorado
Gold Corporation |
1188-550 Burrard Street Bentall 5 Vancouver, B.C. Canada
V6C 2B5 |
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F....[ ]..... Form 40-F...[.X.]...
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Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [ X ]
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Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: November 8, 2005 |
ELDORADO GOLD CORPORATION
/s/
Dawn Moss Dawn Moss, Corporate Secretary |
News Release
ELD No. 05-18
TSX: ELD AMEX: EGO
November 8, 2005
Eldorado Provides Additional Positive Assay Results from
Tanjianshan Project China
VANCOUVER, BC Eldorado Gold Corporation (Eldorado the Company or we) is pleased to announce additional results of the 2005 drill campaign at our Tanjianshan Project (TJS Project) in Qinghai Province, China. The TJS Project currently consists of two deposits, Jinlonggou (JLG and Qinlongtan (QLT), and is under construction ahead of planned mining in 2006.
The results augment the information released September 26, 2005 (ELD No. 05-15). These data are part of the 52 drill hole program completed at JLG which successfully tested an updated geological interpretation of the area structures and mineralized horizons that connect JLG (main zone) to the adjacent prospects of M7 Pubugou (see Figure 1 for hole locations). The drilling also successfully infilled gaps in the drill coverage within the existing JLG pit outline (see Figure 2).
Drilling comprised HQ size core and utilized 3 Chinese contractor drill rigs.
The following table (Table 1) shows the results from 34 additional holes from the JLG campaign. Please note that the reported assayed intervals are approximately equal to interpreted true widths for the mineralization.
Table 1: Additional Drill Results - Jinlonggou
Hole Number | From (m) | To (m) | Interval (m) | Au g/t |
JD 160 | 33.60 | 34.60 | 1.00 | 4.04 |
JD161 | 28.90 | 37.37 | 8.47 | 8.56 |
Including | 30.90 | 32.00 | 1.10 | 31.90 |
54.94 | 56.90 | 1.96 | 5.11 | |
62.00 | 63.00 | 1.00 | 6.44 | |
JD162 | 87.70 | 92.30 | 4.60 | 11.17 |
Including | 90.42 | 91.30 | 0.88 | 32.10 |
122.80 | 124.80 | 2.00 | 3.88 |
JD163 | 44.82 | 46.12 | 1.30 | 3.58 |
JD164 | 90.15 | 94.15 | 4.00 | 6.88 |
113.54 | 116.50 | 2.96 | 14.55 | |
Including | 115.50 | 116.50 | 1.00 | 22.50 |
JD165 | 56.70 | 60.95 | 4.25 | 3.28 |
JD166 | 74.25 | 77.25 | 3.00 | 12.47 |
Including | 75.25 | 76.25 | 1.00 | 23.80 |
131.40 | 133.40 | 2.00 | 4.33 | |
JD167 | 27.50 | 28.50 | 1.00 | 2.05 |
JD168 | 11.60 | 12.76 | 1.16 | 3.73 |
17.97 | 18.97 | 1.00 | 2.36 | |
JD169 | 14.30 | 21.30 | 7.00 | 7.00 |
35.40 | 40.00 | 4.50 | 5.57 | |
Including | 36.50 | 37.50 | 1.00 | 14.20 |
57.00 | 59.20 | 2.20 | 2.30 | |
71.00 | 72.00 | 1.00 | 6.87 | |
JD170 | 31.80 | 32.55 | 0.75 | 1.29 |
JD171 | 34.80 | 37.40 | 2.60 | 4.72 |
JD172 | 1.50 | 4.17 | 2.67 | 1.47 |
JD173 | 69.10 | 71.60 | 2.50 | 4.13 |
Including | 70.35 | 70.60 | 0.25 | 15.90 |
JD174 | 1.30 | 2.45 | 1.15 | 20.20 |
JD175 | 17.80 | 19.80 | 2.00 | 2.18 |
31.00 | 34.00 | 3.00 | 1.66 | |
41.60 | 49.30 | 7.70 | 2.57 | |
JD176 | 10.70 | 13.60 | 2.90 | 2.71 |
JD177 | 75.20 | 77.20 | 2.00 | 1.79 |
JD178 | 61.00 | 62.10 | 1.10 | 23.10 |
JD179 | 119.00 | 122.30 | 3.30 | 5.52 |
132.40 | 134.25 | 1.85 | 2.30 |
JD180 | 9.30 | 10.30 | 1.00 | 1.85 |
JD181 | 17.18 | 29.70 | 12.52 | 4.84 |
34.05 | 35.93 | 1.88 | 3.10 | |
38.72 | 40.90 | 2.18 | 3.13 | |
83.42 | 85.40 | 1.98 | 3.67 | |
JD182 | 112.07 | 116.10 | 4.03 | 1.89 |
119.10 | 121.10 | 2.00 | 1.91 | |
JD183 | 83.87 | 85.16 | 1.29 | 5.45 |
JD184 | 84.50 | 86.93 | 2.43 | 2.15 |
117.50 | 122.00 | 4.50 | 8.03 | |
Including | 119.55 | 120.96 | 1.41 | 19.30 |
136.00 | 137.00 | 1.00 | 4.61 | |
JD185 | 116.70 | 121.60 | 4.90 | 9.26 |
Including | 119.51 | 120.64 | 1.13 | 28.70 |
JD186 | 61.00 | 69.72 | 8.72 | 3.74 |
86.10 | 89.00 | 2.90 | 2.62 | |
93.00 | 102.90 | 9.90 | 3.81 | |
JD187 | 65.32 | 76.00 | 10.68 | 2.79 |
Including | 75.00 | 76.00 | 1.00 | 13.10 |
95.52 | 100.00 | 4.48 | 3.86 | |
JD188 | 68.38 | 69.80 | 1.42 | 15.47 |
115.10 | 116.79 | 1.69 | 5.51 | |
118.61 | 124.12 | 5.96 | 5.70 | |
JD190 | 55.17 | 69.36 | 14.19 | 8.07 |
Including | 55.90 | 56.68 | 0.78 | 20.00 |
Including | 67.62 | 69.36 | 1.74 | 21.85 |
97.20 | 134.64 | 37.44 | 7.08 | |
Including | 109.00 | 110.00 | 1.00 | 19.10 |
138.70 | 144.64 | 5.94 | 10.74 | |
JD191 | 116.00 | 12.40 | 8.40 | 4.18 |
JD192 | 64.64 | 67.90 | 3.26 | 5.80 |
Including | 64.64 | 65.60 | 1.36 | 13.80 |
180.00 | 186.70 | 6.70 | 2.01 | |
JD195 | 45.80 | 49.77 | 3.97 | 3.47 |
58.30 | 68.58 | 10.28 | 4.61 | |
137.47 | 139.47 | 2.00 | 2.84 | |
JD196 | 23.58 | 26.23 | 2.65 | 3.72 |
Stephen Juras, Ph.D., P.Geo., Manager, Geology is the qualified person for the technical disclosure in this press release. Samples are prepared at Eldorados on-site facility in China and assayed at the SGS-CSTC Standards Technical Services Co. Ltd. facility at Tianjin, China. Analysis for gold is done on sawn half core samples using fire assay (AA finish) on a 50 g charge. Standard reference materials, blank and field duplicate samples are inserted prior to shipment from site to monitor the quality control of the assay data. In addition, about 10% of the samples are re-submitted for duplicate analysis at STAR Laboratory in Perth, Australia.
Geologic modeling of the new drill information is ongoing and will be incorporated into a new block model during Q4 2005. That work should be completed and the mineral resources restated by year end. Based on the new model an optimized mine plan will be designed and the mineral reserves restated during Q1 2006.
ON BEHALF OF
ELDORADO GOLD CORPORATION
Dawn L. Moss
Dawn L. Moss
Corporate Secretary
Certain of the statements made herein may contain forward-looking statements within the meaning of Section 1E of the Securities Exchange Act of 1934, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events, or results to differ from those reflected in the forward-looking statements. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward looking statements. Specific reference is made to Narrative Description of the Business Risk Factors in the Companys Annual Information Form, Form 40-F dated March 30, 2005 for the fiscal year ended December 31, 2004. Forward-looking statements herein include statements regarding the expectations and beliefs of management. Such factors included, amongst others the following: gold price volatility; impact of any hedging activities, including margin limits and margin calls; discrepancies between actual and estimated production, between actual and estimated reserves, and between actual and estimated metallurgical recoveries; mining operational risk; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign investment; speculative nature of gold exploration; dilution; competition; loss of key employees; additional funding requirements; and defective title to mineral claims or property, as well as those factors discussed in the section entitled Business -
Risk Factors in the Companys Annual Information Form and Form 40F dated March 30 ,2005 for the fiscal year ended December 31, 2004. We do not expect to update forward-looking statements continually as conditions change and you are referred to the full discussion of the Companys business contained in the Companys reports filed with the securities regulatory authorities in Canada and the U.S.
Eldorado Gold Corporations shares trade on the Toronto Stock Exchange (TSX: ELD) and the American Stock Exchange (AMEX: EGO). The TSX has neither approved nor disapproved the form or content of this release.
Contact:
Nancy E. Woo, Manager Investor Relations
Eldorado Gold Corporation
Phone: 604.601.6650 or 1.888.353.8166 or
1188, 550 Burrard Street
Stephen Juras, Manager Geology
Vancouver, BC V6C 2B5
Phone: 604.601.6658
Web site: www.eldoradogold.com
Fax: 604.687.4026
Email nancyw@eldoradogold.com
Request for information packages: info@eldoradogold.com