Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Euromax Resources Ltd.: Final Exploration Report for Trun Property Accepted by Bulgarian Ministry of Economy
Published : December 07, 2012
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

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
ssharpe@euromaxresources.co.uk
or
Euromax Resources Ltd.
Karen Atchison
Investor Relations Manager
+44 (0)20 3667 2970
katchison@euromaxresources.co.uk
www.euromaxresources.com
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

EXPLORATION STAGE
CODE : EOX.V
ISIN : CA29873T3073
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

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$ 58.4 millions as of today (US$ 44.5 millions, € 39.9 millions).

Its stock quote reached its highest recent level on March 21, 1997 at CA$ 5.40, and its lowest recent point on April 25, 2014 at CA$ 0.09.

Euromax has 116 840 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
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
2/22/2011Proposes Private Placement for Up to $7.875 Million
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
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
12/7/2012(Trun)Final Exploration Report for Trun Property Accepted by Bulga...
2/8/2012Euro Pacific Broker Note - EurOmax Resources
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
11/3/2009Drilling at Breznik Intersects High Grades and Extends Lengt...
10/28/2008(Durlan Potok)Gold-Copper Anomaly North of Bor Gold & Copper Mines
7/24/2008(Ilovitza)Ilovitza Geophysical Survey
6/26/2008(Ilovitza)Announces 1.6 Billion pound copper and 2.9 million ounce gol...
Corporate news of Euromax Resources
1/6/2016Euromax Announces Ilovica Feasibility Study Results
12/11/2015Euromax Resources Ltd. Earnings Analysis: Q3, 2015 By the Nu...
12/8/2015Euromax Signs Offtake Term Sheet with Aurubis
10/20/2015Read our latest newsletter - September 2015
10/19/2015Euromax Announces Option Agreement for KMC
9/15/2015Read our latest newsletter - August 2015
9/10/2015Euromax Resources to Attend Upcoming Investment Summits
8/28/2015Euromax Announces Project Manager Appointment and related Aw...
8/14/2015Read our July 2015 newsletter
7/29/2015Euromax at the Macedonia 2025 Networking Reception in Toront...
7/15/2015Read our latest newsletter - June 2015
7/9/2015Euromax on Mining Journal - Rose among the thorns
7/9/2015Rose among the thorns - Mining Journal
6/26/2015Executive Interview - Steve Sharpe on Edison TV
6/25/2015Executive Interview - Euromax on Edison TV
6/24/2015Euromax Announces Results of Annual General & Special Meetin...
6/23/2015Euromax Announces Results of Annual General & Special Meetin...
6/23/2015Euromax Announces Results of Annual General & Special Meetin...
6/2/2015See what we've been up to - read our latest newsletter!
5/1/2015Euromax Announces In-Principle UFK Eligibility and Mandating...
4/24/2015Euromax Resources conducted a socio-economic survey in Ilovi...
3/24/2015Euromax Announces Appointment of Director and Funding of Sec...
3/24/2015Announces Appointment of Director and Funding of Second $3.7...
3/9/2015Euromax Announces Closing of Royal Gold Transaction
3/3/2015Announces Closing of Royal Gold Transaction
3/3/2015Euromax Announces Closing of Royal Gold Transaction
2/20/2015Certificate of Appreciation awarded to Euromax Resources
1/12/2015Euromax Resources Closes Private Placement
1/12/2015Euromax Resources Closes Private Placement
12/23/2014Re-filing of Amended Technical Report
12/22/2014Re-Filing of Amended Technical Report
12/10/2014Euromax Announces Non-­Brokered Private Placement to the EBR...
12/9/2014Euromax Announces Non-Brokered Private Placement to the EBRD
10/21/2014Royal Gold Acquires Gold Stream on Euromax’s Ilovitza Projec...
10/21/2014Euromax Resources Announces US$175 Million Gold Streaming Ag...
7/22/2014Euromax Files Ilovitza NI 43-101 Technical Report
7/18/2014Euromax Issues Warrants to Investec Bank plc
6/24/2014All Resolutions Passed at Euromax Annual General & Special M...
6/5/2014Euromax Announces Ilovitza Pre-Feasibility Study Results & M...
4/28/2014Euromax Announces Sale of Subsidiary for $3.5m and Update on...
9/27/2013Receives C$1 Million from Sale of Thrace Resources
9/12/2013Announces Discovery Drill Hole at Gradina, KMC, Serbia
8/5/2013(Ilovitza)Announces New Mineral Resource Estimate for Ilovitza Project
7/24/2013Publishes First Company Newsletter
7/24/2013Publishes First Company Newsletter
5/24/2013(Ilovitza)Announces New Mineral Resource Estimate for Trun Project-Dri...
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...
11/8/2012Board 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
5/4/2011Commences Drilling and Geophysical Programs
4/21/2011Adds to Technical Advisory Board and Issues Stock Options to...
11/9/2010Revises Exploration and Commercialization Strategy and Provi...
9/8/2010Responds to Dissidents' Claims
7/26/2010files Information Circular and Urges Shareholders to Vote th...
7/14/2010Sues Anthony Patriarco for Insider Trading
10/20/2009 Bulgarian project update
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
7/14/2008Exposure to West African Gold Exploration
7/7/2008Dr. Patriarco Joins EurOmax Board
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (EOX.V)Other OTC (EOXFF)
0.500+0.00%0.360-16.28%
TSX-V
CA$ 0.500
05/24 10:05 -
0%
Prev close Open
0.500 0.490
Low High
0.490 0.500
Year l/h YTD var.
0.280 -  0.580 78.57%
52 week l/h 52 week var.
0.100 -  0.580 31.58%
Volume 1 month var.
4,500 4.17%
24hGold TrendPower© : 44
Produces
Develops
Explores for Copper - Gold - Lead - Molybdenum - Silver - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
DateVariationHighLow
201678.57%0.510.30
201540.00%0.570.10
2014-20.00%0.750.09
2013-54.55%0.690.14
2012-12.70%1.620.39
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Ormat technologiesORA
Document: Insider Ownership
US$ 43.29-0.23%Trend Power :
Anglo Asian Mining(Au-Cu)AAZ.L
FY2015 Results - Record gold production of 72Koz; 28.6Koz silver; 969t copper; and total revenues of
GBX 10.25-4.65%Trend Power :
Royal Gold(Ag-Au-Cu)RGLD
Royal Gold Announces Third Quarter Dividend
US$ 55.85-0.37%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Announces New Nominees to Board of Directors
CA$ 0.21+20.00%Trend Power :
Hecla Mining(Cu-Le-Zn)HL
Hecla to Acquire Mines Management
US$ 4.06-0.73%Trend Power :
CabotCBT
Board Increases Dividend
US$ 45.28-0.33%Trend Power :
Ormat technologiesORA
Ormat Technologies Secures $36 Million Supply EPC Contracts for a Geothermal Power Plant in New Ze
US$ 43.29-0.23%Trend Power :
Ivanhoe Mines(Ag-Au-Cu)IVN.TO
Kamoa Copper Project initiates major drilling program at the ne
CA$ 1.03-2.83%Trend Power :
Energy Fuels(Cu-Ni-Zn)EFR.TO
Announces Election of Directors and Results of Shareholder Meeting and Filing of Renewal of Prelimin
CA$ 2.95-3.28%Trend Power :
Claude Resources(Au-Cu-Ngas)CRJ.TO
Shareholders approve acquisition of Claude Resources by Silver Standard
CA$ 2.23+0.45%Trend Power :
Canalaska(Ag-Au-Co)CVV.V
Enters into $20.4 Million Deal with De Beers
CA$ 0.60+1.69%Trend Power :
Treasury MetalsTML.TO
Closing $4.0 Million Offering
CA$ 0.49+0.00%Trend Power :
American ManganeseAMY.V
CLOSES $200,500 PRIVATE PLACEMENT
CA$ 0.02-20.00%Trend Power :
UEX(Au-Cu-Ur)UEX.TO
Closes $7.25 Million Combined Flow-Through and Hard Dollar Private Placements
CA$ 0.22-2.17%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q1 2016 and Operations Update
CA$ 0.21+20.00%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Stornoway Announces Results From Annual General Meeting
CA$ 0.98+1.03%Trend Power :
Pure Gold.(Cu-Fe-Au)PGM.V
Intersects 10.9 g/t gold over 9.8 metres, Including 27.0 g/t gold over 3.8 Metres at the McVeigh Hor
CA$ 0.63-1.56%Trend Power :
Harvest Natural(Ngas-Oil)HNR
Announces 2016 First Quarter Results
US$ 0.45-2.17%Trend Power :
Premier Gold Mines(Au)PG.TO
Strengthens Senior Management
CA$ 2.98-1.00%Trend Power :
St Barbara(Au-Cu-Ni)SBM.AX
Presentation to Melbourne Mining Club
AU$ 2.57+2.80%Trend Power :