Eldorado Gold began commercial production at out Tanjianshan Mine in Qinghai, China in February 2007. Their social programs are currently under development and early 2007 the company assisted financially to rebuild a school in Qinghai Province.

The Tanjianshan Gold Project ("TJS") is located in the Dachaidan Region, Haixi Prefecture, Qinghai Province in northwest China. TJS consists of four large contiguous exploration licenses covering 338 square kilometres and encompassing the Jinlonggou and Qinlonggou gold deposits.

The infrastructure around the mine includes existing grid power located 50 kilometers from the site and a new power station that is being commissioned within 35 kilometers of the area. Water is available within two kilometers and a paved road is 12 kilometers away. A cellular phone network and high-speed internet access are available at the site. There is presently on-site accommodation for 150 people, and plans are in place to upgrade and expand the accommodation.

The surrounding area is unpopulated, and the nearest town Daichaidan (with a population of 6,000) is 80 kilometers away. There is very little vegetation or wildlife in the barren area of the mine. The elevation of the site is 3,300 meters with a temperature range of 9°C to 15°C in the summer and -9°C to -13°C in the winter. Precipitation is extremely low at less than 100 millimeters per year.

A bankable feasibility study was completed by RSG Global Integrated Mining Solutions in April 2005. This study estimates that the Tanjianshan Project contains proven and probable reserves of 944,000 ounces (6.0 million tonnes @ 4.9 grams per tonne). The feasibility study projects total gold production of 842,000 ounces over an eight-year mine life with an Internal Rate of Return of 32%. Planned production in 2007 is forecast at 120,000 oz to 130,000 oz of gold.

For more information on Eldorado Gold please visit: http://www.eldoradogold.com/