Notification of Q3 2010 Results

 Suite 200, Financial Plaza

204 Lambert Street

Whitehorse, Yukon

Canada Y1A 3T2

For Immediate Release

NOTIFICATION OF Q3 2010 RESULTS

1 November 2010 - European Goldfields Limited (AIM: EGU / TSX: EGU) announces that it will publish its results for the third quarter ended 30 September 2010 on Thursday 11 November 2010.

For further information please contact:

European Goldfields Liberum Capital Limited

Steve Sharpe, VP Business Development Simon Atkinson

e-mail: [email protected] Tom Fyson

Tel: +44 (0)20 7408 9534 Tel: +44 (0)20 3100 2000

Brunswick Evolution Securities Limited

Carole Cable / Fiona Micallef-Eynaud Rob Collins

e-mail: [email protected] Tim Redfern

Tel: +44 (0)20 7404 5959 Tel: +44 (0)20 7071 4300