| Euromax Announces Ilovica Feasibility Study Results | |
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Euromax Resources Ltd. Vancouver, 6 January 2016 (TSX-V: EOX): ('Euromax' or the 'Company') is pleased to announce the results of the Feasibility Study ('FS'), for its 100% owned Ilovica gold-copper porphyry project in Macedonia (the 'Project').
The FS supports the economic robustness of the Project previously indicated by the Pre-Feasibility Study and, through the optimization of the processing flow sheet and a more precise level of costing, demonstrates significant reductions in both capex and operating costs, and a consequential increase in the IRR.
Feasibility Study Highlights
For more information, please visit www.euromaxresources.com or contact:
Steve Sharpe, President & CEO
+44 (0)20 3667 2970
[email protected]
Patrick Forward
+44 (0)20 3667 2970
[email protected]
Euromax Signs Offtake Term Sheet with Aurubis
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Euromax Resources
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EXPLORATION STAGE |
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CODE : EOX.V |
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ISIN : CA29873T3073 |
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Euromax is a gold and copper exploration company based in Canada. Euromax holds various exploration projects in Bulgaria, in Canada and in Macedonia. Its main exploration properties are KARAVANSALIJA, TRUN, POPINTSI and RAKITOVO in Bulgaria, KAZANDOL, CEOVISHTE, BRESTOVATZ and ILOVITZA in Macedonia and DURLAN POTOK and EYREMORE in Canada. Euromax is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.2 millions as of today (US$ 858 759, € 778 980). Its stock quote reached its highest recent level on March 21, 1997 at CA$ 5.40, and its lowest recent point on September 11, 2024 at CA$ 0.01. Euromax has 116 842 737 shares outstanding. |