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EurOmax discovers oxide-copper zone at Kazandol project in Macedonia
VANCOUVER, June 19 /CNW/ - EurOmax Resources Limited (TSX-V: EOX) is pleased to announce the resu...
About this update from Euromax Resources Ltd.
[{"type":"text","content":"\n\n\n\nVANCOUVER, June 19 /CNW/ - EurOmax Resources Limited (TSX-V: EOX) is\npleased to announce the results of diamond drilling at the Kazandol\noxide-copper project in Macedonia including 47 metres at 0.6% copper from\nsurface.\n\n\nDrilling and mapping (see attached map at www.euromaxresources.com) have\nnow defined an extensive sub-horizontal copper zone in greenschists above a\nthrust fault with un-mineralized granite in the lower thrust sheet. This\ncopper-bearing upper plate outcrops over an area of 800 metres by 800 metres\nand is believed to extend up to 5 kilometres to the south beneath a wide zone\nof elevated copper geochemistry. See attached map and section.\n\n\nJohn Menzies, Chairman and CEO commented "prior to this phase of drilling\n\n\nthe distribution of mineralization was difficult to understand but the\n\n\napplication of a simple thrust geometry readily explains the distribution\n\n\nof mineralization and highlights the obvious potential."\n\n\nCopper mineralization is restricted to the upper plate greenschists and\noccurs predominantly as the oxide copper minerals tenorite and malachite.\n\n\nResults of the five holes drilled to date are:\n\n\n- EOKC 801: 23 metres at 0.11% copper, from 0.0 to 23.0m;\n\n\n- EOKC 802: 21 metres at 0.15% copper, from 28.3 to 49.8m\n\n\n- EOKC 803: 47 metres at 0.59% copper, from 0.0 to 47.1m;\n\n\n- EOKC 804: 27 metres at 0.54% copper, from 24.0 to 51.0m.\n\n\n- EOKC 805: 20 metres at 0.23% copper from 0.0m\n\n\nPreviously reported trenching across the upper plate rocks has produced\nwide intercepts including 210 metres at 0.4% copper, 200 metres at 0.3% copper\nand 175 metres at 0.4% copper. The upper plate rocks show widespread and\nconsistent copper-oxide mineralization. Additional shallow vertical drilling\nis planned to better define the extent of outcropping mineralization at\nKazandol North and below thin cover to the south.\n\n\nEurOmax is exploring the property for oxide copper mineralization which\ncould be amenable to low cost Solvent Extraction Electro-winning (SX-EW)\ntechnology. The Kazandol property is crossed by a regional power transmission\nline and paved roads. It is only 25 kilometres from a rail terminal. The\nKazandol North target is positioned along a steep 1.5 kilometre long ridge\nwith up to 100 metres relief above the surrounding terrain....