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Euromax Resources

Publié le 24 juillet 2008

Ilovitza Geophysical Survey

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Mots clés associés :   Canada | Copper |

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For Immediate Release
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous


Dear Eric,

Euromax Commences Ilovitza Geophysical Survey

VANCOUVER CANADA: EurOmax Resources Limited (TSX-V: EOX) is pleased to announce  that a 30 line kilometre geophysical program has commenced at Ilovitza in Macedonia.  EurOmax recently announced a 43-101 Mineral Resource estimate at Ilovitza of 303 million tonnes grading 0.23% copper, 0.31 grams per tonne gold and 0.005% molybdenum. This resource contains 1.6 billion pounds of copper, 2.9 million ounces of gold and 3.5 million pounds of molybdenum. 
 
The geophysical program will include IP, resistivity and ground magnetics. 
 
�This will be the first IP/resistivity survey undertaken over the Ilovitza porphyry.  The program will cover the entire intrusive complex with 12, 200 metre spaced lines.  It will target the untested magnetic  and geochemical anomaly and the extensive silica-alunite lithocap along the eastern and southern edges of the intrusion which remains largely untested in the subsurface.  All data will be modeled in 3D to better define drillhole targets.  Further diamond drilling is scheduled after completion of the survey�, commented John Menzies Chairman and CEO of EurOmax.
 
Recent incorporation of all Ilovitza exploration data into 3D modeling software has highlighted the area to the north-west of the Ilovitza resource as having potential for additional tonnage and higher average grades. A strong magnetic anomaly in this area remains untested.  Diamond drillholes suggest that grades increase towards this anomaly and the only drill hole to be drilled towards this target, PD 0607,  intersected the highest grades of any drillhole at Ilovitza and intersected potassic alteration towards the bottom of hole.  A review of surface geochemistry shows that highest copper in soil occurs downslope of this feature.  Images from this modeling can be seen at www.euromaxresources.com
 
About the Ilovitza Project
At Ilovitza, EurOmax is exploring a newly discovered copper-gold-molybdenum system more than 1.2 kilometres in diameter.  Ilovitza is one of several porphyry systems of eastern Macedonia and northern Greece associated with exposed magmatic complexes.  Typical of these deposits is the Skouries deposit in Greece which hosts reserves of 146 million tonnes at 0.54% copper and 0.83 grams per tonne gold for 4 million ounces of gold and 800,000 tonnes of copper.
 
The Ilovitza mineralisation is beneath and outcrops along the Anovie and Chukar ridges which rise nearly 600 metres above the surrounding terrain. Ilovitza is close to a paved road, 25 kilometres from rail, 75 kilometres from a major port and less than 400 kilometres to two smelters via rail.

Qualified Persons
John Menzies, a qualified person as defined by National Instrument 43-101, supervised the preparation of the information in this release.

Latest Project Images
Images from site operations and drill core are updated regularly on the EurOmax website.
Click to see images of Diamond Drill core (www.euromaxresources.com)

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
d.stothart@euromaxresources.com

 
.

EurOmax respects your privacy - if you no longer wish to receive EurOmax releases, please unsubscribe:    This email was sent to:  (%Email - Primary%) 

Euromax Resources

EXPLORATEUR
CODE : EOX.V
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 2,3 millions CA$ (1,9 millions US$, 1,6 millions €).

La valeur de son action a atteint son plus haut niveau récent le 21 mars 1997 à 5,40 CA$, et son plus bas niveau récent le 08 avril 2024 à 0,02 CA$.

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
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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
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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
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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...
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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 ...
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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
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24/03/2015Announces Appointment of Director and Funding of Second $3.7...
09/03/2015Euromax Announces Closing of Royal Gold Transaction
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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
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27/09/2013Receives C$1 Million from Sale of Thrace Resources
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05/08/2013(Ilovitza)Announces New Mineral Resource Estimate for Ilovitza Project
24/07/2013Publishes First Company Newsletter
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09/05/2013All Resolutions Passed at Euromax Annual General & Special M...
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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
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14/06/2011(Trun)Discovers New Gold Zones at Trun
04/05/2011Commences Drilling and Geophysical Programs
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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
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