-
Gold (nymex:gc)
1421.0
-
Palladium (nymex:pa)
680.75
-
Sized Silver (mini) (nylf:yi)
23.327
EurOmax Resources Ltd.
EurOmax Resources Ltd. (TSX: EOX) is a Canadian mining company, focused on identifying, acquiring and developing mineral resources in Southeastern Europe.
It primarily explores for gold, copper, and silver metals.
The company holds interests in 3 properties in Bulgaria, including the Trun property, which covers an area of 67 square kilometers; the Breznik property that covers an area of 19.1 square kilometers; and the Rakitovo property, which covers an area of 33.3 square kilometers.
It also has interest in the Ilovitza property that covers an area of 5 square kilometers in Macedonia; and the KMC property, which covers an area of 42 square kilometers in Serbia.
EurOmax Resources Ltd. is based in Vancouver, Canada.
Ilovitza Property
The Ilovitza Property is in southeast Macedonia, in the municipality of Bosilovo, approximately 25km east of the border with Bulgaria and 18km west of city of Strumica.
The Ilovitza Property was previously held and explored by Phelps Dodge Exploration (PDX) who drilled between 2004 and 2006. In 2008 EurOmax signed an agreement with PDX to enter into an option agreement to acquire 100% of the Ilovitza Property.
EurOmax has completed twenty diamond drillholes on the property between 2007 and 2011. 28 holes drilled to October 2011 including drill hole EOIC 11-18 that intersected 336 m grading 0.30% Cu and 0.37 g/t Au.
The NI 43-101 compliant inferred resources total 374 million tonnes containing 0.21% Cu and 0.32g/t Au with a 0.25% Cu Eq. Cutoff.
Trun Gold project
Intrusion-related gold project on 67 square km on 100% EurOmax exploration license. 178 holes drilled on multiple targets.
The company's NI43-101 report dated Jan 31, 2011 outlines an inferred resource of 91.2 million tonnes grading 0.7 grams per tonne at a cut off of 0.3 grams per tonne, for 2.1 million ounces of gold.
EurOmax Resources Ltd.
33 St James's Square
London, UK. SW1Y 4JS
Tel: +44 (0)20 3178 6510
Fax: +44 (0)20 7661 9400
Email: ssharpe@euromaxresources.co.uk
Top Stories
Fiji to start seabed mining to find Gold next year
Deep sea test drilling in country's exclusive economic zone…
- India again cuts Gold tariff value to $440/10 grams
- China's Zijin acquires yet another Aussie Gold mine
-
India Gold markets still on Akshaya Trithiya break
May 22, 2013 05:12 PM
Analysts said any further increase on gold bars and… -
Fiji to start seabed mining to find Gold next year
May 22, 2013 02:43 PM
Deep sea test drilling in country's exclusive economic… -
India again cuts Gold tariff value to $440/10 grams
May 22, 2013 02:26 PM
India has reduced the import tariff value of gold… -
China's Zijin acquires yet another Aussie Gold mine
May 22, 2013 12:47 PM
Full ore production in the mine is expected in November…
-
South Africa to refine $1.1 billion worth Gold for US
May 21, 2013 05:42 PM
South Africa's largest gold refinery, Rand Refinery,… -
China's Xinjiang strikes Gold with another huge discovery
May 21, 2013 04:09 PM
According to Xinjiang Geology and Mineral Resources… -
Gold decline only temporary : Thai economic body
May 21, 2013 03:11 PM
The Board said it would be difficult for the gold… -
Jewellery heist takes sparkle away from Cannes
May 21, 2013 02:11 PM
Analysts said the incident took some of the charm…
-
China's 'Shanglin gang' sweeps Gold in Ghana
May 20, 2013 05:58 PM
Placer mining, in which gold is extracted from other… -
Silver plunges, may find support at $20
May 20, 2013 04:51 PM
The move lower in USD/JPY prompted a major investor… -
Fiji's Vatukoula Gold sells 19.2% stake to SCD Energy
May 20, 2013 04:24 PM
SCD Energy, a subsidiary of DRK Energy, will take… -
Iran starts groundwork for Sudan Gold exploration
May 20, 2013 02:17 PM
Iranian firm Mine an Metals has already started preliminary…
-
Zimbabwe Gold production to drop below 17 tons
May 18, 2013 12:25 PM
Platinum output is expected to rise to 12,500 kilograms… -
US-Turkey talks to include Iran Gold deal
May 18, 2013 11:39 AM
In the first quarter of 2013 alone, Iran has received… -
Asian central banks add more Gold in Q1-2013
May 18, 2013 10:54 AM
The Bank of Korea reported it added another 20 tonnes… -
Gold ends week with 7th straight loss
May 18, 2013 09:56 AM
Gold prices fell for the seventh consecutive session…
-
Mexico 2013 Silver production seen at 137.7 million ounces
May 17, 2013 05:06 PM
Mexico mined a record 136.6 million ounces of silver… -
India Gold import drop may hit SA economy
May 17, 2013 03:33 PM
South Africa's total exports to India were valued… -
Malaysia court acquits Genneva men of Gold fraud
May 17, 2013 02:15 PM
Malaysia's central bank however applied for a stay… -
Silver may drop as low as $24 in 2013
May 17, 2013 01:30 PM
The prices were weighed down primarily by the increased…
-
PGM cartel plan yet to get off the blocks
May 16, 2013 05:19 PM
As there are no substitutes for the function of platinum… -
Stage set for another scramble for Gold,Silver
May 16, 2013 03:15 PM
Silver dropped to the lowest since 2010 while gold… -
Gold demand in value terms dips 23% to $51 billion
May 16, 2013 01:42 PM
According to WGC, In value terms, gold demand in Q1… -
India changes Gold,Silver tariff value
May 16, 2013 04:31 PM
According to a notification issued by Central Board…
-
CGSE Silver contract faces starting trouble
May 11, 2013 01:02 PM
The Exchange is confident of strong demand for silver… -
India Gold markets remain clueless ahead of Akshaya Trithiya
May 11, 2013 11:48 AM
Meanwhile, some traders are optimistic about the day… -
Gold ends nearly 2% lower for the week
May 11, 2013 11:11 AM
Silver also fell. The July contract lost 25.3 cents…
