Additional Drilling Completed At Tocantinzinho Gold Project

 

HOUSTON - Brazauro Resources Corporation reported results of additional drilling carried out by Eldorado Gold Corporation at the Company’s 100%-owned Tocantinzinho Gold Project (TZ) in the Tapajos region of Para state, Brazil. The drilling consisted of 29 holes executed by Eldorado as part of its planned 20,000-meter drilling program at Tocantinzinho.

Since Eldorado began operating the project in September, 2008, 42 drill holes have been completed for a total of 12,629.17 meters. The total diamond drilling delineating the deposit today is 36,236 meters. The objectives of the current drilling program are to confirm previous drilling carried out by Brazauro, to fill in the drilling grid, to investigate the nature of the enclosing rocks and to provide larger samples for metallurgical testing.

Highlights from this round of drilling include the following strong drill results: TOC-110 1.27 g/t gold over 121.42 meters from 106.58 meters depth; TOC-116 1.54 g/t gold over 123.13 meters from surface; TOC-119 1.25 g/t gold over 167.39 meters from 185.15 meters depth; TOC-134 1.14 g/t gold over 137.83 meters from 111.07 meters depth, and TOC-135A 1.14 g/t gold over 303.17 meters from 86.00 meters depth.

Mark Jones, chairman and CEO, said, Brazauro is very pleased with the results of this round of in-fill drilling by Eldorado. Clearly, these holes confirm the earlier drilled Brazauro holes and concurrently, upgrades the resource to higher levels of definition.

In accordance with the Option/Joint Venture Agreement signed in July, 2008, Eldorado Gold Corporation is managing the Tocantinzinho Project.

The company’s address is 16360 Park Ten Place, Suite 217 Houston, TX 77084, (281) 579-3400, fax: (281) 579-9799.