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EurOmax to Drill 5 Kilometre Copper Zone at Kazandol
EurOmax to Drill 5 Kilometre Copper Zone at Kazandol
About this update from Euromax Resources Ltd.
[{"type":"text","content":"\n\n\n\nDec. 24, 2009 (Canada NewsWire Group) -- VANCOUVER, Dec. 24 /CNW/ -- EurOmax Resources Limited (TSX-V: EOX) (EurOmax) updates gold and base metal exploration programs in SE Europe.A 4,000 metre reverse circulation drilling program at Kazandol in Macedonia is scheduled to commence in early January 2010. Road and drill pad construction is nearly complete. This program will systematically test 5 kilometres of the strike of the previously mapped copper bearing, shallowly dipping, Kazandol thrust. Mineralization 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 beneath wide trench intercepts including 115 meters at 0.6% copper. Preliminary metallurgical testwork is expected to commence in January 2010.Recently reported diamond drillhole results at Breznik in Bulgaria included 2 metres at 19.9 g/t gold followed by 2.8 metres at 12.4 g/t gold and 1 metre at 43 g/t gold together with another 90 drillholes and more than 100 trenches have provided sufficient encouragement to commence a program of gravity and flotation testwork. A large composite sample from multiple diamond drillholes with a head grade of 8.7 g/t gold and 9 g/t silver has been submitted to SGS Mineral Services UK (SGS). Testwork conducted in 2007 on a lower grade sample saw more than 86% recovery of gold and 91% recovery of silver to combined gravity and flotation concentrates. Gravity concentration testwork results from SGS are significantly better than the earlier metallurgical testing. Previous resource modelling will be re-interpreted in early 2010 using underground mining parameters. A program of infill diamond drilling in the three identified high grade zones at Breznik is being planned together with diamond drilling along strike to test an additional 500 metres of strike of the mineralized system.The Rosomon exploration permit, located 10 kilometers north of the Breznik gold project has been granted to EurOmax. This permit covers an alteration system with silica breccia and vein stockworks which has been mapped over a 2 by 2 kilometre area. Limited exploration in the 1990's included drilling with results reported up to 11 metres at 4.3 g/t gold.At Karavansalija in Serbia, re-logging of all diamo...