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EurOmax Drilling Confirms Oxide Copper Zone at Kazandol North
EurOmax Drilling Confirms Oxide Copper Zone at Kazandol North
About this update from Euromax Resources Ltd.
[{"type":"text","content":"\n\n\n\n Aug. 4, 2010 (Canada NewsWire Group) -- \n\n \n \n \nTR.cnwUnderlinedCell TD {\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell {\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell {\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell {\n BORDER-BOTTOM: #000000 3px solid\n}\n\n\n >\n\n\nVANCOUVER, Aug. 4 /CNW/ - EurOmax Resources Limited announces that recent drillhole results have confirmed a potential zone of oxide copper mineralization over an area 900 metres long and 400 metres wide at Kazandol North. This drilling was part of a program designed to systematically test the previously mapped copper bearing, shallowly dipping, Kazandol copper zone for five kilometres along strike. The drill program included forty-eight reverse circulation holes totaling 2,342 metres.\n"We are obviously pleased with the results that confirm the potential at Kazandol North," said Christopher Serin Interim Chief Executive Officer of EurOmax. "This news closely follows other good news regarding the Ilovitza project and our Breznik property. Our ongoing program evaluating our mineral properties is clearly bearing positive results."\nThe drill results, which are true thickness, at Kazandol North are summarized in the table below:\n\n >\n\n\nThese results indicate a potential continuity of oxide copper over an area of 900 metres by 400 metres close to surface. The zone of interest at Kazandol North is contained in a sub-horizontal copper zone in greenschist and granite above a thrust fault with un-mineralized granite and gneiss in the lower thrust sheet. Mineralization at Kazandol generally consists of tenorite, a copper oxide and malachite a copper carbonate both readily acid soluble. Previous drilling, at the northern end of this trend reported encouraging results including 47 metres at 0.6% copper from surface beneath wide trench intercepts including 115 meters at 0.6% copper. Management believes that this type of mineralization will be amenable to low cost cathode copper production using a SX-EW method.\nThe drill program was also focused on identifying a potential extension of this mineralization to the south of the Kazandol North Zone. The ...