EurOmax Defines Gold-Copper Anomaly North of Bor–Veliki Krevilj Gold & Copper Mines
October 28, 2008
EurOmax defines 2000 metre long gold-copper soil geochemcial anomaly along the major Bor Fault in Serbia.
EurOmax Intersects 542 metres of Skarn with Disseminated Chalcopyrite at Karavansalija
October 21, 2008
EOKSC 832 intersected 542 metres of chalcopyrite bearing skarn at the Karavansalija property in Serbia. This drillhole is located 1,600 metres to the north of recently reported diamond drillhole results including 235 metres grading 1.08 g/t gold and 120 metres grading 0.55 g/t gold, 0.48% copper and 3.2 g/t silver (1.4g/t gold equivalent, 0.86% copper equivalent).
EurOmax Intersects 235 Metres at 1.1 G/T Gold and 120 Metres at 0.86 % Copper Equivalent
October 14, 2008
The Company announces drilling results from the Karavansalija property including 235 metres grading 1.08 g/t gold and 120 metres grading 0.55 g/t gold, 0.48% copper and 3.2 g/t silver (1.4g/t gold equivalent, 0.86% copper equivalent).
Euromax Closes $0.75 Million Financing
August 22, 2008
EurOmax closes $750,000 of its $1,500,000 financing announced on July 9, 2008. Under this revised financing EurOmax issued 1.5 million Units at $0.50 per Unit for gross proceeds of $750,000.
Euromax Intersects 42 Metres at 2.05 G/T Gold, 0.76% Nickel and 0.06% Cobalt
August 14, 2008
EurOmax announces that diamond drillhole EOKSC 0828 at Karavansalija intersected 42 metres at 2.05 g/t gold, 0.76% nickel and 0.06% cobalt included in 111 metres at 1.30g/t gold, 0.43% nickel, 0.03% cobalt. EOKS 0828, intersected silicified carbonates and volcanics with disseminated sulphides from surface to 90 metres followed by sulphide bearing silica breccia to 260 metres. The silica breccia body presents as a 400 metre by 600 metre coincident high resistivity and chargeable IP feature which does not outcrop and is open at depth.
Ilovitza Inferred Resource Estimate 43-101 Report Filed on Sedar
August 12, 2008
EurOmax has filed the NI 43-101 report on the initial inferred resource on the Ilovitza copper - gold - molybdenum project in Macedonia as completed by Broad Oak Associates of Toronto, Ontario. The results conclude that the Ilovitza deposit contains an inferred resource of 303 million tonnes grading 0.23% copper, 0.31 grams per tonne gold and 0.005% molybdenum. This resource contains approximately 1.6 billion pounds of copper, 2.9 million ounces of gold and 3.5 million pounds of molybdenum. In copper equivalent terms this equals 3.5 billion pounds of copper. The report recommends a Phase 1 program of geophysics and drilling followed by a Phase 2 program of metallurgical testwork and drilling. EurOmax has commenced the geophysics recommended in the Phase 1 program.
Euromax Appoints Greg Hall to Advisory Board
August 07, 2008
EurOmax appoints Mr. Greg Hall, former Chief Geologist of the Placer Dome Group, to its advisory board. Mr. Hall is a geologist with over 35 years of international experience. From 1988-2005, he was employed by the Placer Dome group of companies, of which the last five years he served as Chief Geologist - World Wide. Mr. Hall was directly involved in a senior capacity in the discoveries of both Barrick Gold's Granny Smith mine and Rio Tinto's Yandi iron ore mine. In addition, he took part in the discoveries of Keringal and Wallaby in Australia's Eastern Goldfields, as well as the definition of AngloGold Ashanti's Sunrise gold mine.
"We are honored that Greg has agreed to join our team," commented John Menzies, Chairman and CEO.
EurOmax Commences Ilovitza Geophysical Survey
July 24, 2008
EurOmax has commenced a 30 line kilometre IP and resistivity geophysical survey over the 303 million tonne Ilovitza copper-gold-moly porphyry in Macedonia. This will be the first IP/resistivity survey over the Ilovitza porphyry and will cover the entire intrusive complex.
The geophysical program will include IP, resistivity and ground magnetics.
"This will be the first IP/resistivity survey undertaken over the Ilovitza porphyry. The program will cover the entire intrusive complex with 12, 200 metre spaced lines. It will target the untested magnetic and geochemical anomaly and the extensive silica-alunite lithocap along the eastern and southern edges of the intrusion which remains largely untested in the subsurface. All data will be modeled in 3D to better define drillhole targets. Further diamond drilling is scheduled after completion of the survey", commented John Menzies Chairman and CEO of EurOmax.
The image to the left shows the Transmitter during a measurement. Local people are employed to string the cables along lines up to 3 kilometres long. Health and safety is paramount as the cables carry voltage sufficient to cause injury. Each day begins, as on all Company sites, with a "Toolbox" meeting to discuss personnel deployment, H&S issues and any perceived special risks. Wild fire is presently a major concern and all smoking and open flames are banned on the site.
Balkans Gold Acquires West African Gold Assets
July 14, 2008
Balkans Gold Limited in which EurOmax is the largest shareholder, has signed a binding Heads of Agreement to acquire all of West African Resources Limited with an advanced gold project in Burkina Faso.
EurOmax Announces $1.5 Million Financing
July 09, 2008
A non-brokered Private Placement financing of 3 million Units at $0,50 per Unit for gross proceeds of $1,500,000.
EurOmax Intersects 240 Metres of Disseminated Chalcopyrite in Karavansalija Copper-Gold Skarn
July 08, 2008
Diamond drilling intersects 240 metres of disseminated chalcopyrite in a copper-gold skarn and drilling of a silica-breccia diatreme has intersected 260 metres of silicified breccia with epithermal and boiling textures and sulphides at Karavansalija.
Dr. Anthony Patriarco Joins The Board of EurOmax
July 07, 2008
His professional degrees include an MD from Harvard Medical, a PhD in Physics from Harvard and a PhD in Engineering from Massachusetts Institute of Technology. Dr. Patriarco is an individual investor with a longstanding interest in natural resources.
Ilovitza Inferred Resource Estimate 303 Million Tonnes Containing 1.6 Billion Pounds of Copper Plus 2.9 Million Ounces of Gold
June 26, 2008
EurOmax announces independent Mineral Resource estimate by Broad Oak Associates of Toronto, Ontario (“Broad Oak”) on the Ilovitza copper-gold-molybdenum project in Macedonia. The results conclude that the Ilovitza deposit contains an inferred resour
Euromax Discovers Oxide-Copper Zone at Kazandol project in Macedonia
June 19, 2008
EurOmax Resources Limited announces the results of diamond drilling at the Kazandol oxide-copper project in Macedonia including 47 metres at 0.6% copper from surface.
Euromax Expands Porphyry Copper-Gold Zone at Ilovitza Project in Macedonia
June 16, 2008
Drilling results from three diamond drillholes at the Ilovitza copper-gold-molybdenum project in Macedonia including 412 metres at 0.51% copper equivalent. Drilling has now defined a 600 metres by 650 metres mineralized intrusive which remains open to th
Karavansalija Copper-Gold Acquisition Completed, Drilling Commenced
June 09, 2008
VANCOUVER CANADA: EurOmax Resources Limited (TSX-V: EOX) (“EurOmax”) is pleased to announce the completion of a 43-101 report, the receipt of regulatory approval for and closing of the acquisition from Freeport-McMoRan Exploration Corporation (“FMEC
Euromax Files Annual Financial Statements
May 30, 2008
Euromax Acquires Karavansalija Copper-Gold Property
May 26, 2008
A new acquisition in southern Serbia with significant recent copper-gold drillhole results.
Trun Gold Exploration Program to be Expanded
May 12, 2008
VANCOUVER, CANADA: EurOmax Resources Limited (TSX-V: EOX) is pleased to announce that the first phase of the 2008 program at the Trun intrusive-related gold prospect in western Bulgaria has been completed and a follow-up program commenced.
Dundee Lawsuit Withdrawn
May 07, 2008
Lawsuit on Peroto withdrawn by Dundee