Business
Exploration Update - Eagle Mountain Mining
Exploration Update - Eagle Mountain Mining.
About this update from Gunsynd Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2930M\n Gunsynd PLC\n 20 January 2021\n \n \n \n \n Gunsynd plc\n \n \n \n \n \n (\"Gunsynd\" or the \"Company\")\n \n \n \n \n \n Exploration Update - Eagle Mountain Mining\n \n \n \n \n \n Gunsynd Plc (AIM: GUN, AQSE: GUN) is pleased to announce an update on the current exploration \n programme\n from Eagle Mountain Mining Limited (\"Eagle Mountain\"), one of Gunsynd's investee companies, an ASX listed copper-gold exploration and development company (ASX: EM2). \n \n \n \n \n \n Eagle Mountain has announced drilling results from its 2020 drilling programme at its 80% owned Oracle Ridge Mine Project (\"Oracle Ridge\") in Arizona, USA. Assay results have been received from holes WT-20-12, WT-20-13, WT-20-14 and WT-20-15.\n \n \n \n \n \n Latest drilling results include:\n \n \n · \n 6.1m at 4.24% Cu, 36.16g/t Ag and 0.36g/t Au from 188.0m in drillhole WT-20-15 \n \n \n · \n Other significant assay results include:\n \n \n o \n 2.0m at 2.45% Cu, 14.9g/t Ag and 0.42g/t Au from 228.7m in WT-20-12\n \n \n o \n 2.0m at 2.35% Cu, 17.1g/t Ag and 0.29g/t Au from 262.0m in WT-20-12\n \n \n o \n 6.0m at 1.4% Cu, 12.26g/t Ag and 0.17g/t Au from 274.0m in WT-20-12\n \n \n o \n 7.3m at 1.45% Cu, 11.59g/t Ag and 0.18g/t Au from 250.6m in WT-20-14\n \n \n Eagle Mountain has recently commenced its 2021 drilling programme having completed the first drill hole of 2021 with the second drill hole underway. Eagle Mountain has informed the market that zones of mineralisation continue to be logged in the 2021 drill core outside the existing Mineral Resource Estimate. \n \n \n \n \n \n About Eagle Mountain Mining Limited\n \n \n Eagle Mountain Mining Limited (ASX: EM2), established in 2017, is a copper-gold explorer focused on the strategic exploration and development of advanced and greenfield projects in Arizona.\n \n \n \n \n \n Arizona is at the heart of America's mining industry and home to some of the world's largest copper discoveries, now owned by major mining companies including BHP, Rio Tinto, Freeport McMoRan and Hudbay. Eagle Mountain's Oracle Ridge and Silver Mountain Projects are within the Laramide Arc which hosts many of these significant copper porphyry deposits.\n \n \n \n \n \n Oracle Ridge is a high grade, advanced stage...