Skouries is one of three Greek assets owned and operated by Eldorado Gold. The development plan at Skouries envisages a seven year underground operation followed by at least 20 years of underground mine production. The ore will be treated via conventional flotation to produce a gold-copper concentrate. There has been some notable local and political opposition to the development of the project mainly on environmental grounds which Eldorado has fully addressed in its feasibility reports and various submissions to the relevant Greek authorities. This analysis assumes that production will commence in 2017.