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Drilling confirms continuity of copper minerali...
Drilling confirms continuity of copper minerali....
About this update from Eagle Eye Solutions Group Plc
[{"type":"text","content":"\n \nJuly 15, 2008\n\n Drilling confirms continuity of copper mineralization at \n Gazooma, Marshall Lake, Thunder Bay, Canada \n\nCopper extends to depth in 3 areas\n\nContinuity between historical surface occurrences demonstrated\n\nSystematic resource definition drilling planned\n\nAssays pending\n\nEyeconomy Holdings PLC (PLUS: EYE) and its 50% joint venture partner East West\nResource Corporation (TSX-V: EWR) are pleased to announce that a 20 hole, 2950m\n(9735 feet) core drilling program has been completed at Marshall Lake.\n\nIn addition to testing individual shallow electro-magnetic anomalies produced\nby an airborne VTEM survey, the program also tested deep anomalies beneath the\nGazooma Zone and intersected multiple zones of copper mineralization that\nextend to 200 metres depth, and continuous in drill core for up to 50 metres.\n\nA section with three holes was also drilled on the continuous geophysical IP\nanomaly that links the Gazooma Zone with the Teck Hill occurrence and\nintersected multiple zones of mineralization thereby demonstrating continuity\nof at least 600 metres.\n\nThis discovery now transforms this grass roots project from the discovery stage\nto a resource definition drilling project.\n\nSuccess was also achieved on the Gazooma North in a follow-up to the 2007\ndrilling discovery where hole GAZN07-02 intersected 31.90 metres of 0.71%\ncopper. Three holes completed confirm both lateral and depth continuity of\nmineralization to 85 metres.\n\nDrill core is currently being processed and samples have been submitted for\nassaying.\n\nThe project is being supervised by R. Middleton, P.Eng, who is the qualified\nperson and responsible for quality control of the assaying and reporting.\n\nMore details are available at www.mlmining.co.uk\n\nProject details\n\nThe Marshall Lake property is located 310 kilometres north of Thunder Bay in\nnorth western Ontario, Canada and has recently become road accessible. Copper\nand zinc mineralization hosted in volcanic rock was first discovered in 1954,\nresulting in numerous properties being staked and explored. Elevated gold and\nsilver values are also common on the property. Past diamond drilling resulted\nin outlining several mineralized zones. The current program aims to discover\nhidden mineralization with the aid of modern geophysics.\n\nEyeconomy Holdings PLC and i...