EurOmax defines gold-copper anomaly north of Bor-Veliki Krevilj gold & copper mines

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[{"type":"text","content":"\n\n\n\nVANCOUVER, Oct. 28 /CNW/ - EurOmax Resources Limited (TSX-V: EOX)\n("EurOmax") is pleased to announce initial exploration results on the Durlan\nPotok licence where a 2 kilometre long gold and copper in soil anomaly has\nbeen defined.\n\n\nThe 56 square kilometre Durlan Potok lies along the important Bor Fault.\nMajor deposits in the Bor district lie close to this structure.\n\n\nDurlan Potok is 12 kilometres to the north of the Bor (Bor Deposit, 144\nmillion tonnes at 1.7% copper 1.1 g/t gold, Bor porphyry, 620 million tonnes\nat 0.62% copper and 0.25 g/t gold)) and Veliki Krivelj (greater than 540\nmillion tonnes at 0.35% copper) mining operations. The 1 billion tonnes\nMajdanpek deposit (0.62% copper, 0.28 g/t gold) is 20 kilometres to the NNW\nalong the Bor Fault while the 340 million tonne Cerovo porphyry copper-gold\ndeposit (0.32% copper, 0.07 g/t gold) lies two kilometres to the south of the\nDurlan Potok licence.\n\n\nInitial wide spaced soil sampling has defined a 2000 metre long soil gold\nand copper anomaly with peak values of 720 ppb gold and 620 ppm copper.\nOutcrop within the survey area is poor and limited float sampling has produced\nencouraging results including one sample which assayed 33% copper, 5.5g/t\ngold, 160g/t silver, 1.1% lead, 0.4% zinc. This sample had high levels of tin\nand bismuth suggestive that high sulphidation copper-gold mineralisation may\nbe responsible for the soil anomaly. Other samples had strongly anomalous\ncopper within a 200 metre wide zone of locally intense silica-pyrite\nmineralisation along the western side of the anomaly.\n\n\nDrilling by a State mining company during 1980 in the center of the\nlicence to the west of the high grade zone now being evaluated intersected\nwide intervals of low grade copper mineralisation in strongly silicified and\npyritic andesite. The State mining company after drilling 13 diamond\ndrillholes totalling 5,676 metres reported a historical non 43-101 compliant\nresource of 500 million tonnes at 0.14% copper. EurOmax does not have access\nto the drillcore but believes the results to be reliable. This low grade\nmineralisation is open to the east and is of a type typically peripheral to\nporphyry copper-gold deposits.\n\n\nDetailed infill soil sampling, mapping and more extensive float\ngeochemistry has been completed and trenching ...

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