Overview
Stage | Production |
Mine Type | Underground |
Commodities |
|
Mining Method |
- Drift & Fill
- Longhole open stoping
- Cemented backfill
- Dry waste backfill
- Paste backfill
|
Production Start | ...  |
Mine Life | 16 years (as of Jan 1, 2021) |
Source:
p. 58
Olimpias mine is owned by Hellas Gold which is a wholly owned subsidiary of Eldorado Gold Corp.
Contractors
- Subscription is required.
Deposit Type
- Carbonate replacement
- Stratabound
Summary:
Olympias is a gold-rich polymetallic sulphide replacement-style deposit formed within strongly deformed metamorphic rocks of the Paleozoic Kerdylia Formation of the Serbo-Macedonian Massif. The orebodies are hosted by marble interlayered within a sequence of biotite-gneiss, amphibolite and orthogneiss. The deposit consists of multiple stratabound orebodies that overall plunge shallowly to the southeast for over 1.8 km, subparallel to the orientation of fold hinges and a locally developed intersection lineation.
Olympias is an example of a polymetallic carbonate replacement deposit, however it is somewhat unusual due to the high Au content of the deposit (cf. Siron et al. 2019). Key characteristics of this class of deposit include carbonate host rocks, massive sulphide mineralization, spatial and temporalrelationship with magmatism and zoned metal distribution (Megaw, 1998). Geochronological and paragenetic relationships described by Siron et al. (2016, 2018) confirm that Olympias was coeval with late Oligocene (~ 25-22 Ma) magmatism in the region although the source intrusion has not been identified. Nonetheless, carbon and oxygen isotopic data support a magmatic fluid source (Siron et al. 2019), and the zonation towards Mn-rich alteration in the upper levels of the deposit (North Zone) are consistent with shallow, distal portions of a magmatically derived carbonate replacement system.
The Olympias deposit massive sulphide lenses are grouped into three ........

Mining Methods
- Drift & Fill
- Longhole open stoping
- Cemented backfill
- Dry waste backfill
- Paste backfill
Summary:
The Olympias mine is a 100% underground (“UG”) mining operation extracting ore from East, West, Flats, and Remnants zones. In 2022, mining will concentrate on the West, East and the beginning of the Flats zones with a small proportion from the Remnants area. Mining is currently at a rate of 430 ktpa ROM ore. There is a planned production increase culminating in a steady-state rate of 650 ktpa by 2025. In order to achieve the planned higher production, the Company is taking steps to improve equipment availability / utilization and worker productivity. There are also further capital requirements to allow the process plant to treat 650,000 tpa.
Mining at Olympias will be a combination of drift and fill (“DAF”) and another method may be introduced: longhole open stoping (“LHOS”). LHOS will be confined to areas where geometry and ground conditions support the use of this more productive method. LHOS excavations will be limited to maximum dimensions of 10 m wide and 30 m high. The maximum length varies depending on the height and average rock quality. Blind uppers will be used for drill and blast with no top accesses to minimize ore development requirements. DAF mining utilizes the overhand mining method. Stopes are accessed on the foot wall side from the main ramp starting at the bottom of each 20 m high stoping block. Each lift is mined 5 m high, with each panel limited to 5 m wide with consideration given to 6m high and 6 m wide stopes.
Ground support is a ........

Source:

- subscription is required.
Flow Sheet:
Summary:

- subscription is required.
Reserves at September 30, 2021:
Mineral resource cut-off grade is $ 125/t NSR.
Mineral reserve cut-off grade is $ 168.30/t NSR.
Category | Tonnage | Commodity | Grade | Contained Metal |
Proven
|
1,205 kt
|
Gold
|
10.87 g/t
|
421 koz
|
Proven
|
1,205 kt
|
Silver
|
155 g/t
|
6,006 koz
|
Proven
|
1,205 kt
|
Lead
|
4.9 %
|
59 kt
|
Proven
|
1,205 kt
|
Zinc
|
5.6 %
|
68 kt
|
Probable
|
8,132 kt
|
Gold
|
6 g/t
|
1,569 koz
|
Probable
|
8,132 kt
|
Silver
|
116 g/t
|
30,422 koz
|
Probable
|
8,132 kt
|
Lead
|
4 %
|
323 kt
|
Probable
|
8,132 kt
|
Zinc
|
5 %
|
410 kt
|
Proven & Probable
|
9,337 kt
|
Gold
|
6.63 g/t
|
1,990 koz
|
Proven & Probable
|
9,337 kt
|
Silver
|
121 g/t
|
36,428 koz
|
Proven & Probable
|
9,337 kt
|
Lead
|
4.1 %
|
382 kt
|
Proven & Probable
|
9,337 kt
|
Zinc
|
5.1 %
|
477 kt
|
Measured
|
2,343 kt
|
Gold
|
10.66 g/t
|
803 koz
|
Measured
|
2,343 kt
|
Silver
|
149 g/t
|
11,203 koz
|
Measured
|
2,343 kt
|
Lead
|
4.8 %
|
113 kt
|
Measured
|
2,343 kt
|
Zinc
|
5.7 %
|
134 kt
|
Indicated
|
10,905 kt
|
Gold
|
7.43 g/t
|
2,606 koz
|
Indicated
|
10,905 kt
|
Silver
|
142 g/t
|
49,841 koz
|
Indicated
|
10,905 kt
|
Lead
|
4.8 %
|
527 kt
|
Indicated
|
10,905 kt
|
Zinc
|
6.4 %
|
701 kt
|
Measured & Indicated
|
13,248 kt
|
Gold
|
8 g/t
|
3,409 koz
|
Measured & Indicated
|
13,248 kt
|
Silver
|
143 g/t
|
61,043 koz
|
Measured & Indicated
|
13,248 kt
|
Lead
|
4.8 %
|
640 kt
|
Measured & Indicated
|
13,248 kt
|
Zinc
|
6.3 %
|
835 kt
|
Inferred
|
2,092 kt
|
Gold
|
8.41 g/t
|
566 koz
|
Inferred
|
2,092 kt
|
Silver
|
179 g/t
|
12,070 koz
|
Inferred
|
2,092 kt
|
Lead
|
5.9 %
|
124 kt
|
Inferred
|
2,092 kt
|
Zinc
|
7.1 %
|
149 kt
|
Corporate Filings & Presentations:
- Subscription is required.
- Subscription is required.