The property is owned by Thracean Gold Mining S.A., a wholly owned subsidiary of Eldorado Gold Corp. Perama Hill is located in a rural area, ~25km west-northwest of Alexandroupolis and 20km south of Sapes. Perama will be an open pit operation utilising conventional mining methods. It is anticipated that the mill will have a capacity of 1.25Mt/a. Processing will be comprised of a three stage crushing circuit and ball mill operating in a closed circuit with hydrocyclones, together with a conventional carbon-in-leach (CIL) circuit. Estimated recoveries for gold and silver are 89% and 69% respectively.