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EurOmax intersects 235 metres at 1.1 g/t gold and 120 metres at 0.86 % copper equivalent
VANCOUVER, Oct. 14 /CNW/ - EurOmax Resources Limited (TSX-V: EOX) ("EurOmax") is pleased to annou...
About this update from Euromax Resources Ltd.
[{"type":"text","content":"\n\n\n\nVANCOUVER, Oct. 14 /CNW/ - EurOmax Resources Limited (TSX-V: EOX)\n("EurOmax") is pleased to announce results from recent drilling on the\nKaravansalija property in Serbia including 235 metres grading 1.08 g/t gold\nand 120 metres grading 0.55 g/t gold, 0.48% copper and 3.2 g/t silver (1.4g/t\ngold equivalent, 0.86% copper equivalent).\n\n\nResults are tabled below:\n\n-------------------------------------------------------------------------\n Karavansalija Diamond Drillhole Results\n-------------------------------------------------------------------------\n\n-------------------------------------------------------------------------\n from To Length Au Cu Ag Cu Eq. Au Eq.\n (m) (m) (m) (g/t) (%) (g/t) (%) (g/t)\n-------------------------------------------------------------------------\nEOKSC 829 0 96 96 0.60 5.4 0.44 0.70\n 96 216 120 0.55 0.48 3.2 0.86 1.37\n\nEOKSC 830 51 83 33 0.74 0.56 11.7 1.16 1.84\n 121 208 87 0.09 0.47 2.0 0.55 0.87\n\nEOKSC 831 208 443 235 1.08 0.68 1.08\n incl. 274 417 143 1.61 1.02 1.61\n incl. 288 342 54 2.71 1.71 2.71\n 508 512 4 7.17 4.53 7.17\n-------------------------------------------------------------------------\n-------------------------------------------------------------------------\n\n-------------------------------------------------------------------------\nCopper and gold equivalent calculations use metal prices of USD 1.25/lb\ncopper, USD 550/oz gold. USD10/oz silver\n\nAdjustment factors for differences in relative metallurgical recoveries\nhave not been considered and metallurgical recoveries and net smelter\nreturns are assumed to be 100%.\n-------------------------------------------------------------------------\n\n\nDiamond drillholes EOKSC-0829, 0830 and 0831 were drilled to test 700\nmetres of strike of the Karavansalija copper-gold skarn. All drillholes\nencountered garnet-pyroxene skarn and ended in latite dyke. Although no\ndrillholes have fully penetrated the skarn section it is believed that it is\nat least 500 metres thick. These drillholes were drilled along the southern\nside of a prominent donut shaped base metal soil geochemical anomaly 3\nkilometres across.\n\n\n1000 metres along strike to the SSW of the western most drillhole EOKSC\n0831, which intersected 235 metres grading 1.08 g/t gold, a strong IP\ngeophysical anomaly remains untested and likely r...