Euromax Commences Diamond Drilling to Test Trun High Grade Gold Results
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November 19, 2009
Drilling at Breznik Intersects High Gold Grades
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November 12, 2009
Drilling at Breznik Intersects High Grades and Extends Length of High Grade Zone by 70%
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November 02, 2009
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Site Updated November 12, 2009: EurOmax is a Canadian company with precious and base metal projects in SE Europe. Our objective is the discovery of major metal deposits in this well endowed metal province and participation in their development. Our strength is our local staff, local knowledge and focus on technical excellence which combined with good partners and advanced properties positions EurOmax for a long term profitable future in the region.
• Gold and base metal projects in Bulgaria, Macedonia and Serbia
• Major shareholders: Teck Cominco Ltd and Freeport-McMoRan
• Most active exploration company in the region
• Focused on early gold production and exploration for world class metal deposits
| KARAVANSALIJA: | |
| 12 square kilometre skarn more than 400 metres thick. EurOmax drilling has intersected 240 metres of copper mineralisation in skarn and stropngly altered and mineralised silica breccia diatreme. Copper-gold and gold skarn now drilled over a strike of more than 1 km. | |
| Status: Wide copper-gold intercepts reported during 2008. Planning 2009 field activity. | |
| ILOVITZA: | |
| Porphyry copper-gold deposit with 43-101 inferred resources of 303 Mt containing 1.6 billion pounds copper, 2.9 million ounces Au and 34 M lbs molybdenum. Close to rail, road, port and smelters. | |
| Status: Geophysics (IP and resistivity) completed in Q4 2008 has defined undrilled core of ilovitza system beneath exisitng resource. Drilling being planned for early 2009. | |
| CEOVISHTE: | |
| Large intrusive breccias in andesite, serpentinite & carbonates with latite dyke swarm. High gold and base metal values at surface. Similar to Trepcha deposit to south: 100 million tonnes 10% Pb+Zn. | |
| Status: Multiple high grade base and precious metal intercepts reported late in 2008. Large undrilled gold silica breccias, mined in ancient times, defined around intrusive stock. Geophysics and drilling planned for H1 2009. | |
| KAZANDOL: | |
| Copper oxide mineralization. Northern 800 metres of 5 km long geochem anomaly tested with 47 metres at 0.6% copper from surface. 5 kilometre long copper zone now defined with highest grades in undrilled areas at Kazandol south. Objective is establishment of early copper production. Crossed by power, close to rail and paved road. | |
| Status: Trenching and mapping planned for January 2009 with drilling H2 2009. | |
| ALL EUROMAX PROJECTS | |