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Euromax Resources

Publié le 28 octobre 2008

Gold-Copper Anomaly North of Bor Gold & Copper Mines

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EurOmax Defines Gold-Copper Anomaly North of BorVeliki Krevilj Gold & Copper Mines

VANCOUVER CANADA: EurOmax Resources Limited (TSX-V: EOX) (�EurOmax�) is pleased to announce initial exploration results on the Durlan Potok licence where a 2 kilometre long gold and copper in soil anomaly has been defined. 
The 56 square kilometre Durlan Potok lies along the important Bor Fault.  Major deposits in the Bor district lie close to this structure. 
Durlan Potok is 12 kilometres to the north of the Bor (Bor Deposit, 144 million tonnes at 1.7% copper 1.1 g/t gold, Bor porphyry, 620 million tonnes at 0.62% copper and 0.25 g/t gold)) and Veliki Krivelj (>540 million tonnes at 0.35% copper) mining operations.  The 1 billion tonnes Majdanpek deposit (0.62% copper, 0.28 g/t gold) is 20 kilometres to the NNW along the Bor Fault while the 340 million tonne Cerovo porphyry copper-gold deposit (0.32% copper, 0.07 g/t gold) lies two kilometres to the south of the Durlan Potok licence.
Initial wide spaced soil sampling has defined a 2000 metre long soil gold and copper anomaly with peak values of 720 ppb gold and 620 ppm copper.  Outcrop within the survey area is poor and limited float sampling has produced encouraging results including one sample which assayed 33% copper, 5.5g/t gold, 160g/t silver, 1.1% lead, 0.4% zinc.  This sample had high levels of tin and bismuth suggestive that  high sulphidation copper-gold mineralisation may be responsible for the soil anomaly.  Other samples had strongly anomalous copper within a 200 metre wide zone of locally intense silica-pyrite mineralisation along the western side of the anomaly.
Drilling by a State mining company during 1980  in the center of the licence to the west of the high grade zone now being evaluated intersected wide intervals of low grade copper mineralisation in strongly silicified and pyritic andesite.  The State mining company after drilling 13 diamond drillholes totalling 5,676 metres  reported a historical non 43-101 compliant  resource of 500 million tonnes at 0.14% copper.  EurOmax does not have access to the drillcore but believes the results to be reliable.  This low grade  mineralisation is open to the east and is of a type typically peripheral to porphyry copper-gold deposits.
Detailed infill soil sampling, mapping and more extensive float geochemistry has been completed  and trenching and mapping are now in progress ahead of a planned drilling program later in 2008.

See Full Press Release here

See the latest drillcore here

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
Chairman and CEO

Further Information

David Stothart: Investor Relations

T: +1 347 284 0062




Euromax Resources

ISIN : CA29873T3073
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Euromax est une société d’exploration minière d'or et de cuivre basée au Canada.

Euromax détient divers projets d'exploration au Canada, en Bulgarie et en Macedoine.

Ses principaux projets en exploration sont KARAVANSALIJA, TRUN, POPINTSI et RAKITOVO en Bulgarie, KAZANDOL, CEOVISHTE, BRESTOVATZ et ILOVITZA en Macedoine et DURLAN POTOK et EYREMORE au Canada.

Euromax est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 50,2 millions CA$ (38,5 millions US$, 34,9 millions €).

La valeur de son action a atteint son plus haut niveau récent le 21 mars 1997 à 5,40 CA$, et son plus bas niveau récent le 25 avril 2014 à 0,09 CA$.

Euromax possède 116 842 737 actions en circulation.

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Présentations des Compagnies de Euromax Resources
01/11/2012Management Share Purchases New Euromax Corporate Presentatio...
02/03/2008 Corporate Presentation - February 2008
Rapports annuels de Euromax Resources
2007 Annual Report
Financements de Euromax Resources
15/03/2011Announces Final TSXV Approval of $7.875 Million Private Plac...
22/02/2011Proposes Private Placement for Up to $7.875 Million
Attributions d'options de Euromax Resources
21/09/2012Brings Investor Relations Services In-house
23/03/2011Grant of 575,000 options at $0,35
03/02/2011Euromax issues 1.075.000 stock options at $0.31
Nominations de Euromax Resources
11/06/2013Appoints Environmental & Social Manager
01/06/2011Board of Directors Re-Elected at Annual General Meeting
01/09/2009Appoints VP Exploration and IR Team
07/08/2008appoints Greg Hall as member of advisory board
Projets de Euromax Resources
29/02/2012First Berlin Initiates Coverage of Euromax Resources
08/02/2012Euro Pacific Broker Note - EurOmax Resources
20/07/2011(Trun)Confirms Another Gold Zone at Trun - Drilling Encounters 24 ...
26/05/2011(Ilovitza)Intercepts 369 Meters at 0.22% Copper and 0.33 Grams Per Ton...
01/04/2011(Breznik)Reports 0.5 Million Ounces Gold and 2.1 Million Ounces Silve...
17/02/2011(Ilovitza)Intercepts 336.5 Meters at 0.30% Copper and 0.37 Grams Per T...
04/08/2010(Kazandol)Drilling Confirms Oxide Copper Zone at Kazandol North
12/11/2009Correction: Drilling at Breznik Intersects High Gold Grades
03/11/2009Drilling at Breznik Intersects High Grades and Extends Lengt...
24/07/2008(Ilovitza)Ilovitza Geophysical Survey
26/06/2008(Ilovitza)Announces 1.6 Billion pound copper and 2.9 million ounce gol...
Communiqués de Presse de Euromax Resources
07/07/2016Euromax Announces Final Approval To Graduate to TSX
20/06/2016Euromax Announces Receipt of Conditional Approval to Graduat...
14/06/2016Euromax Announces Reconfirmation of US$240m German Governmen...
14/06/2016Euromax Announces Reconfirmation of US$240 Million
20/05/2016Euromax Announces Completion of Convertible Debt Financings ...
06/05/2016Notice for submission of the Ilovica Project EIA for approva...
29/04/2016Euromax announces non-brokered private placement to the EBRD...
08/04/2016Proposed Funding Package and Formation of Strategic Relation...
08/04/2016Euromax Announces Proposed Funding Package and Formation of ...
21/03/2016Euromax Announces Board Appointment
06/01/2016Euromax Announces Ilovica Feasibility Study Results
20/10/2015Read our latest newsletter - September 2015
19/10/2015Euromax Announces Option Agreement for KMC
15/09/2015Read our latest newsletter - August 2015
10/09/2015Euromax Resources to Attend Upcoming Investment Summits
29/07/2015Euromax at the Macedonia 2025 Networking Reception in Toront...
15/07/2015Read our latest newsletter - June 2015
09/07/2015Euromax on Mining Journal - Rose among the thorns
09/07/2015Rose among the thorns - Mining Journal
24/03/2015Euromax Announces Appointment of Director and Funding of Sec...
24/03/2015Announces Appointment of Director and Funding of Second $3.7...
09/03/2015Euromax Announces Closing of Royal Gold Transaction
03/03/2015Announces Closing of Royal Gold Transaction
03/03/2015Euromax Announces Closing of Royal Gold Transaction
20/02/2015Certificate of Appreciation awarded to Euromax Resources
12/01/2015Euromax Resources Closes Private Placement
12/01/2015Euromax Resources Closes Private Placement
23/12/2014Re-filing of Amended Technical Report
22/12/2014Re-Filing of Amended Technical Report
10/12/2014Euromax Announces Non-­Brokered Private Placement to the EBR...
09/12/2014Euromax Announces Non-Brokered Private Placement to the EBRD
21/10/2014Royal Gold Acquires Gold Stream on Euromax’s Ilovitza Projec...
21/10/2014Euromax Resources Announces US$175 Million Gold Streaming Ag...
27/09/2013Receives C$1 Million from Sale of Thrace Resources
12/09/2013Announces Discovery Drill Hole at Gradina, KMC, Serbia
05/08/2013(Ilovitza)Announces New Mineral Resource Estimate for Ilovitza Project
24/07/2013Publishes First Company Newsletter
24/07/2013Publishes First Company Newsletter
24/05/2013(Ilovitza)Announces New Mineral Resource Estimate for Trun Project-Dri...
09/05/2013All Resolutions Passed at Euromax Annual General & Special M...
09/05/2013All Resolutions Passed at Euromax Annual General & Special M...
26/03/2013(Ilovitza)Files Updated Ilovitza PEA
21/03/2013(Ilovitza)Announces 2012 Drilling Results from Ilovitza, Macedonia
19/02/2013Announces 2012 Drilling Results from KMC Project, Serbia
14/02/2013(Ilovitza)Opens Information Centre in Ilovitza
23/01/2013Announces $8.8 Million Non-Brokered Private Placement; Appoi...
08/11/2012Board and Management Changes
24/10/2012(Ilovitza)Announces Approval of Ilovitza EIS & Preliminary Economic As...
16/10/2012(Ilovitza)Announces Share Consolidation; New Company Secretary Appoint...
13/09/2012Director's Dealings
23/05/2012Moves to Europe
21/07/2011Drill High Grades
07/07/2011(Breznik)Large Geophysical Anomaly at the Breznik Au-Ag Project Teste...
14/06/2011(Trun)Discovers New Gold Zones at Trun
04/05/2011Commences Drilling and Geophysical Programs
21/04/2011Adds to Technical Advisory Board and Issues Stock Options to...
18/08/2010Reminds Shareholders to Vote their BLUE Proxy By Friday, Aug...
26/07/2010files Information Circular and Urges Shareholders to Vote th...
14/07/2010Sues Anthony Patriarco for Insider Trading
20/10/2009 Bulgarian project update
16/07/2009EOX Closes USD15 Million Property Sale
17/07/2009Now Has A New Lease Of Life In South Eastern Europe
27/05/2009Silk Road Business Combination
22/08/2008Closes $0.75 Million Financing
14/07/2008Exposure to West African Gold Exploration
07/07/2008Dr. Patriarco Joins EurOmax Board
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