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Drilling at Breznik Extends Length of High Grade Zone by 120%; Identifies Parallel Zone and New Gold Copper Target
Drilling at Breznik Extends Length of High Grade Zone by 120%; Identifies Parallel Zone and New G...
About this update from Euromax Resources Ltd.
[{"type":"text","content":"\n\n\n\n Jun. 24, 2010 (Canada NewsWire Group) -- /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\n\nTSX.V. EOX\nFrankfurt. OMZ\n\n EurOmax Resources Limited (TSX-V: EOX) ("EurOmax") is pleased to announce that recent drillhole results have extended the strike of the high grade Breznik gold-silver deposit from nearly 1,000 metres to approximately 2,200 metres. Drilling also identified a parallel zone (Zone 2) to the previously identified high grade gold-silver deposit. A previously unknown Gold - Copper target has also been identified.\nIn this program a total of 11 diamond drill holes totaling 1,020 were completed.\nResults from this program in Zone 1 include 1. 3 meters at 8.94 g/t gold; 6.1 metres at 5.38 g/t gold; and 1 metre at 7.23 g/t gold in the previously explored structure. This structure remains open to the west although it does not outcrop but is below alluvial cover. The results from the drilling in Vein 1 are:\n\n\n >\n\n\nIn parallel Zone 2, results include 4.4 metres at 3.82 g/t gold followed by 1 meter at 6.71 g/t gold and 2 metres at 5.66 g/t gold followed by 1 meter at 4.45 g/t gold. This zone has been traced over a strike length of approximately 300 metres and is open at depth and to the east and west. The results from drilling in Zone 2 are:\n\n\n >\n\n\nOne diamond drill hole was completed on a target north east of the Breznik gold - silver deposit. This drill hole encountered a gold - copper zone including 20.7 metres grading 1.02 g/t gold and 0.58% copper. The results of this hole are:\n\n\n >\n\n\n"We are highly encouraged with the results from this recent drill campaign. The discovery of a new parallel Gold/Copper Zone is very exciting and represents the potential to dramatically increase the deposit size at Breznik" stated Dimitar Dimitrov, EurOmax Senior Vice President of Exploration.\nThe Breznik Project is located approximately 35 kilometres west of Sofia, the capital city of Bulgaria. The project is accessible by paved roads with access throughout the area by a combination of paved and unpaved roads and tracks. The project area contains gentle to steep hills and is vegetated by plantation pine forests and pastures with the former covering steeper terrain.\n\nQuality control and Quality Assurance\n\nDrilling was conducted using ...