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Euromax Resources Ltd.: Final Exploration Report for Trun Property Accepted by Bulgarian Ministry of Economy
Published : December 07, 2012
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 7, 2012) - Euromax Resources Ltd. (News - Market indicators) (OTCQX:EOXFF) ("Euromax" or the "Company") is pleased to announce that it has received confirmation from the Mining Department of the Ministry of Economy in Bulgaria that the Final Exploration Report (the "Report") for the Company's Trun Property has been formally accepted under the Commercial Discovery Certificate Application process. The acceptance of the Report enables the Company to immediately commence the Environmental Impact Assessment ("EIA") process.

Additionally, this enables the Company to proceed with a NI 43-101 compliant resource estimate update for Trun encompassing the full Commercial Discovery Application area, for which Tetra Tech has been appointed and who will be visiting the site next week.

Commenting on the announcement, Steve Sharpe, President and CEO of the Company said: "We are delighted with the prompt review and acceptance of the Final Exploration Report by the Bulgarian Ministry of Economy, which is very much testament to the quality of the work produced by our first class technical team in Bulgaria. This allows us to move forward with the project on schedule, as a key element of our exploration and development portfolio."

About Euromax Resources Ltd.

Euromax is a Canadian exploration and development company with three gold and base metal assets in Macedonia, Bulgaria and Serbia. We are focused on identifying, acquiring and developing mineral resources in South Eastern Europe with the objective of becoming a world-class mining company in the region. Our strength is our local staff, knowledge and technical expertise in Bulgaria, Serbia and Macedonia.

This news release contains forward-looking statements including but not limited to statements regarding the commencement of the EIA process and a resource estimate update for the Company's Trun project. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on information currently available to the Company as well as the Company's current beliefs and assumptions made by the Company, including that the Company will be able to obtain the necessary supplies, equipment, personnel and any financing required for the EIA process and resource estimate update. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, that the Company will not be able to obtain the necessary supplies, equipment, personnel and any financing required to carry out the EIA process and resource estimate update. Readers are also encouraged to review all Company documents filed with the securities authorities in Canada, including the Management Discussion and Analysis in respect of the Company's recent financial statements under the heading "Operational and Other Business Risks", which documents describe material factors and assumptions and risks that apply to the forward-looking statements in this release. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Euromax Resources Ltd.
Steve Sharpe
President & CEO
+44 (0)20 3667 2970
Euromax Resources Ltd.
Karen Atchison
Investor Relations Manager
+44 (0)20 3667 2970
Companies Mentionned : Euromax | Mineral Resources | Reliance |
Data and Statistics for these countries : Bulgaria | Canada | Macedonia | Serbia | All
Gold and Silver Prices for these countries : Bulgaria | Canada | Macedonia | Serbia | All

Euromax Resources

ISIN : CA29873T3073
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Euromax is an exploration gold and copper 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$ 40.9 millions as of today (€ 38.3 millions).

Its stock quote reached its highest recent level on November 30, 2012 at CA$ 0.79, and its lowest recent point on April 25, 2014 at CA$ 0.09.

Euromax has 116 840 000 shares outstanding.

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Corporate Presentations of Euromax Resources
11/1/2012Management Share Purchases New Euromax Corporate Presentatio...
3/2/2008 Corporate Presentation - February 2008
Annual reports of Euromax Resources
2007 Annual Report
Financings of Euromax Resources
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1/4/2011Receives $822,000 from Warrants and Options
Option Grants of Euromax Resources
9/21/2012Brings Investor Relations Services In-house
3/23/2011Grant of 575,000 options at $0,35
2/3/2011Euromax issues 1.075.000 stock options at $0.31
Nominations of Euromax Resources
6/11/2013Appoints Environmental & Social Manager
6/1/2011Board of Directors Re-Elected at Annual General Meeting
9/1/2009Appoints VP Exploration and IR Team
8/7/2008appoints Greg Hall as member of advisory board
Financials of Euromax Resources
11/24/2010Releases Third Quarter (September 30) Unaudited Financial Re...
Project news of Euromax Resources
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2/29/2012First Berlin Initiates Coverage of Euromax Resources
2/8/2012Euro Pacific Broker Note - EurOmax Resources
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5/26/2011(Ilovitza)Intercepts 369 Meters at 0.22% Copper and 0.33 Grams Per Ton...
4/1/2011(Breznik)Reports 0.5 Million Ounces Gold and 2.1 Million Ounces Silve...
2/17/2011(Ilovitza)Intercepts 336.5 Meters at 0.30% Copper and 0.37 Grams Per T...
9/16/2010(Trun)Drilling at Trun Expands Gold Zone at Logo and K2 Targets
11/12/2009Correction: Drilling at Breznik Intersects High Gold Grades
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10/28/2008(Durlan Potok)Gold-Copper Anomaly North of Bor Gold & Copper Mines
7/24/2008(Ilovitza)Ilovitza Geophysical Survey
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Corporate news of Euromax Resources
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9/10/2015Euromax Resources to Attend Upcoming Investment Summits
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8/14/2015Read our July 2015 newsletter
7/29/2015Euromax at the Macedonia 2025 Networking Reception in Toront...
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7/9/2015Euromax on Mining Journal - Rose among the thorns
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6/26/2015Executive Interview - Steve Sharpe on Edison TV
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6/24/2014All Resolutions Passed at Euromax Annual General & Special M...
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5/9/2013All Resolutions Passed at Euromax Annual General & Special M...
5/9/2013All Resolutions Passed at Euromax Annual General & Special M...
3/26/2013(Ilovitza)Files Updated Ilovitza PEA
3/21/2013(Ilovitza)Announces 2012 Drilling Results from Ilovitza, Macedonia
3/5/2013Clarifies Disclosure
2/19/2013Announces 2012 Drilling Results from KMC Project, Serbia
2/14/2013(Ilovitza)Opens Information Centre in Ilovitza
1/23/2013Announces $8.8 Million Non-Brokered Private Placement; Appoi...
11/27/2012Announces Maiden Drilling Results from Babjak Target, Bulgar...
11/8/2012Board and Management Changes
10/24/2012(Ilovitza)Announces Approval of Ilovitza EIS & Preliminary Economic As...
10/16/2012(Ilovitza)Announces Share Consolidation; New Company Secretary Appoint...
9/13/2012Director's Dealings
5/23/2012Moves to Europe
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6/14/2011(Trun)Discovers New Gold Zones at Trun
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11/9/2010Revises Exploration and Commercialization Strategy and Provi...
9/8/2010Responds to Dissidents' Claims
9/2/2010EurOmax Applies to the British Columbia Supreme Court
8/25/2010Annual General Meeting Adjourned - EurOmax to Apply to the B...
8/18/2010Reminds Shareholders to Vote their BLUE Proxy By Friday, Aug...
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7/14/2010Sues Anthony Patriarco for Insider Trading
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7/16/2009EOX Closes USD15 Million Property Sale
7/17/2009Now Has A New Lease Of Life In South Eastern Europe
5/27/2009Silk Road Business Combination
3/17/2009Announces Gold-Silver Acquisitions
8/22/2008Closes $0.75 Million Financing
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7/7/2008Dr. Patriarco Joins EurOmax Board
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