Drilling at Breznik
Intersects High Gold Grades
November 12, 2009
Listen to this News (MP3)
VANCOUVER CANADA:
EurOmax Resources Limited (TSX-V: EOX) ("EurOmax") is pleased
to announce high grade gold results from recent diamond drilling at
Breznik including 2 metres at 19.9 g/t gold and 23 g/t silver followed by
2.8 metres at 12.4 g/t gold and 4 g/t silver and 1 metre at 43 g/t gold
and 12 g/t silver.
Diamond drillholes BC991 and
BC 992 were drilled to obtain samples for metallurgical testwork. Earlier
testwork reported good recoveries of gold and silver to a sulphide
concentrate. Diamond drillhole BC 993 was drilled to test the mineralised
structures well below the depth of previous drilling and intersected
mineralisation 250 metres down dip from surface and visually similar to
that previously drilled. As is common for high grade gold mineralization
grades can be quite variable and the presence of gold at depth in BC 993
is very encouraging.
More than 2 kilometers of
the mapped strike of the vein system remains untested. The high grade
zone, with an average width of 2 metres, has now been traced over nearly
1000 metres and up to 150 metres down dip from surface. The high grade
zone remains open at depth.
Results from the three
diamond drillholes are listed in the table below using a cut-off grade of
3 g/t gold:
Diamond drillhole BC 993 intersected a wide zone of elevated lead and
zinc mineralisation. Within this zone BC 993 intersected 1.1 metres at
3.01 g/t gold, 76 g/t silver, 1.5% copper, 4.0% lead and 1.4% zinc from
216.1 meters.
Many of the more than 100
drillholes on the property, reported high grade intercepts between 3.0
g/t and 54 g/t gold. EurOmax is now evaluating the potential of the
deposit for exploitation of this higher grade material with a low impact
underground mining operation.
John C Menzies EurOmax CEO commented "the
Breznik gold project continues to produce very high grade results. We
will now continue a program to extend the resource along the 2 kilometres
of strike which has never been drilled and to infill the 1000 metres of
strike previously drilled. A second stage metallurgical testwork program
will commence in the coming weeks."
Quality control and Quality Assurance
Drilling was conducted with a diamond drilling rig using PQ core
in holes BC991 and BC 992 and NQ core in BC 993. Drillhole samples were
prepared and assayed by SGS Chelopech laboratory in Bulgaria. SGS
Chelopech follows SGS Global methods and procedures and has stringent
quality control and assurance practices. Gold was assayed by a 30 gram
fire assay with an AAS/ICPOES finish while other elements were assayed by
a two acid digest with an ICPOES finish. Higher grades were assayed by a
screen fire assay with a four acid digest with an AAS finish. Historic
results reported herein were undertaken at EuroTest Control AD an ISO9001
accredited facility in Bulgaria. Quality control standards and blanks
were routinely included.
John Menzies, a qualified person as defined by National
Instrument 43-101, supervised the preparation of the information in this
release.
The TSX Venture Exchange does
not accept responsibility for the adequacy or accuracy of this release.
On Behalf of the Board of Directors
"John C. Menzies"
Chief
Executive Officer
EurOmax Resources Ltd
Investor Relations: Robert Ferguson Telephone: +
1 778 945 2116 Email: r.ferguson@euromaxresources.com
EurOmax Resources Limited (EurOmax) is a Canadian minerals company
re-discovering and developing the minerals wealth of SE Europe.
From a base in Sofia, Bulgaria, projects in Bulgaria, Macedonia and
Serbia are being explored for gold and base metals. EurOmax made the
strategic decision in 2003 to focus on the metals potential of SE Europe
after a systematic and global review of prospective terrains. The Company
was attracted to SE Europe because of the prospectively of the geological
terrain, availability of quality exploration and support professionals
and a long history of gold and base metal mining.
We are committed to delivering to shareholders and interested investors
clear, concise, accurate and reliable information. Our website (www.euromaxresources.com)
contains all the public documents of the corporation together with
descriptions of our projects. Here you will find a large archive of
technical data and drill core and site images. We hope you enjoy the
content and find it useful in better understanding our company.
Robert R. Ferguson
Direct: (778) 945-2116
Mobile: (604) 999-5546
E : r.ferguson@euromaxresources.com
|