PUBLIC CONSULTATION UNDERWAY FOR ROMANIAN EIS

WHITEHORSE, March 9 /CNW/ --
WHITEHORSE, March 9 /CNW/ - European Goldfields Limited (AIM: EGU / TSX: EGU) (the 'Company') is pleased to announce that it has reached the final stage of the
environmental permitting of its Certej Project in Romania (the 'Project'), with the initiation of the final public consultation process.

This will be held during the month of April and will be conducted in
accordance with EU Directives and Conventions and Romanian Law.  Upon
the satisfactory conclusion of this final public consultation process,
the environmental authorities will re-convene the Technical Analysis
Committee ('TAC') to confirm the decision regarding the issuance of the environmental
permit.

The final public consultation follows confirmation from the Romanian
Authorities that the Environmental Impact Statement ('EIS') complies with all Romanian legislation, both from a technical and
legal perspective, and notably the recent approval from CONSIB (the
National Committee for Large Embankments), a specialist committee
constituted under the Ministry of Environment, for the design of the
Tailings Management Facilities for the Certej project.

About European Goldfields

European Goldfields is a developer-producer with globally significant
gold reserves located within the European Union. The Company generates
cash flow from its 95% owned Stratoni operation, a high grade
lead/zinc/silver mine in North-Eastern Greece. European Goldfields will
evolve into a mid-tier producer through responsible development of its
project pipeline of gold and base metal deposits at Skouries and
Olympias in Greece and Certej in Romania. The Company plans future
growth through development of its highly prospective exploration
portfolio in Greece, Romania and Turkey.

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