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EOXFF one for 3 reverse split:
http://www.otcbb.com/asp/dailylist_detail.asp?d=10/16/2012&mkt_ctg=NON-OTCBB
Euromax Resources (EOX)
http://www.euromaxresources.com
as found on iHub (where you are mistakenly posting!)
http://investorshub.advfn.com/Euromax-Resources-EOX-2509/
Formally Voyager Oil VOG Changes stock symbol to EOX
Name Change to Emerald Oil and Trading Under EOX Symbol
Emerald Oil, Inc. offers exploration, development, and production of oil and gas in the United States. The company focuses on oil and natural gas properties primarily located in Montana, North Dakota, Colorado, and Wyoming. As of September 4, 2012, it controlled approximately 200,000 net acres in 5 primary prospect areas comprising 43,600 core net acres targeting the Bakken and Three Forks shale oil formations in North Dakota and Montana; 45,000 net acres in a joint venture in the Sandwash Basin Niobrara shale oil play, located in Mofatt and Routt counties, Colorado and Carbon County, Wyoming; 33,500 net acres in a joint venture targeting the Heath shale oil formation in Musselshell, Petroleum, Garfield, and Fergus Counties of Montana; 2,400 net acres in the Denver-Julesburg Basin targeting the Niobrara shale oil formation in Colorado and Wyoming; and 74,700 net acres in a joint venture in and around the Tiger Ridge natural gas field in Blaine, Hill and Chouteau Counties of Montana. The company was formerly known as Voyager Oil & Gas, Inc. and changed its name to Emerald Oil, Inc. in September 2012. The company was founded in 2008 and is based in Denver, Colorado.
Euromax drills 66.7 meters at 1.23 grams at Trun
EurOmax Resources Ltd. (TSX VENTURE: EOX)(PINK SHEETS: EOXFF) ("EurOmax" or, the "Company") is pleased to announce results from the eight latest drill holes at its 100% controlled Trun Gold Project, Bulgaria. Results include 66.7 meters at 1.23 grams per tonne gold (219 feet at 0.036 oz per ton gold) including 14.8 meters at 2.28 grams per tonne gold (49 feet at 0.067 oz per ton gold) from drill hole MTC-1192, a step-out hole drilled at the Ruy target located at Big Hill in the northern part of the Trun Property. Earlier this year, the Company announced an intercept of 87 meters at 2.14 grams per tonne gold from drill hole MTC-1174 (see press release dated June 14, 2011) from the Ruy target, a 500 meter wide gold-in-soil anomaly. Drill hole MTC-1192 is located approximately 50 meters northwest of MTC-1174.
"In early September, we decided to increase this year's drill program from the originally planned 4,000 meters to over 10,000 meters in order to follow up on extremely encouraging drill results on multiple newly identified gold zones at Trun," states Dr. Quinton Hennigh, Technical Advisor to EurOmax. "We are very pleased with these new results, which validate that decision, and look forward to more results over the next few months."
Ruy Gold Zone at Big Hill
K2 Gold Zone at Little Hill
Seven drill holes tested various parts of the northwest striking and northeast dipping K2 gold zone located at Little Hill in the southern part of the Trun Property. Results for six drill holes have been received and are presented in the table below. Assays from the seventh drill hole, MTC-1193, have not yet been received.
The longest interval from the K2 gold zone is 100.5 meters at 0.50 grams per tonne gold (330 feet at 0.015 oz per ton gold) from drill hole MTC-1191. Four other drill holes encountered significant intervals of gold mineralization. Although gold grades from K2 are relatively low, most of the mineralization is near-surface and oxidized. Results from these drill holes coupled with previous drilling demonstrate good continuity of the K2 zone over a strike length of 600 meters and thickness of approximately 50 meters.
About the Trun Gold Project, Bulgaria
Gold mineralization at Trun is associated with large granite and syenite stocks that intrude a broad anticline of metamorphic rocks. The geologic setting and styles of mineralization display striking similarities to that of "tombstone-type" gold deposits in the Tintina Gold Belt of the Yukon and Alaska including the Ft. Knox gold deposit, Alaska and the Eagle gold deposit, Dublin Gulch, Yukon.
EurOmax has 100% control over approximately 67 square kilometers centered on the Big Hill and Little Hill granite intrusions, each with multiple associated gold-in-soil anomalies. The Logo resource, a NI 43-101 compliant inferred resource (see Technical Report on the Gold Resources at Trun Property dated January 31, 2011 which is available under the Company's profile on SEDAR at ) of 2.1 million ounces contained gold in 91 million tonnes at a grade of 0.70g/t Au (0.3g/t Au cut-off) occurs along the northeastern margin of the Big Hill Intrusion in the northern part of the property.
EurOmax Intercepts 345 Metres at 0.24% Copper and 0.32 Grams Per Tonne Gold at Ilovitza
http://ih.advfn.com/news_EurOmax-Intercepts-345-Metres-at-0-24-Copper-and-0-32-Grams-Per-Tonne-Gold-at-I_49774015.html
EurOmax Completes Private Placement for Gross Proceeds of $7.875 Million
Feb. 25, 2011 (Marketwire Canada) --
VANCOUVER, BRITISH COLUMBIA --
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
EurOmax Resources Limited (TSX VENTURE:EOX) (PINK SHEETS:EOXFF) ("EurOmax" or the "Company") is pleased to announce the completion, subject to final approval from the TSX Venture Exchange, of its previously announced non-brokered private placement consisting of 22,500,000 units ("Units") in the Company at a price of $0.35 per Unit for gross proceeds of $7,875,000. Each Unit is comprised of one common share and one-half of one common share purchase warrant. Each full warrant entitles the holder to acquire one additional common share of the Company at any time until February 24, 2012 at an exercise price of $0.50.
The Company's President and CEO has subscribed for and received 500,000 Units as part of this placement. The Company will pay a cash commission of $231,000 to an arm's length third party relating to the issuance of a certain portion of the Units.
All securities issued pursuant to the private placement will be subject to a hold period of four months and one day expiring on June 25, 2011. The proceeds of the private placement will be used to fund the Company's 2011 exploration programs in Southeastern Europe and for general working capital purposes.
Mark Gustafson, President and Chief Executive Officer, stated "We are extremely pleased that a very credible and knowledgeable institutional investor has invested $7 million in our Company. Knowing that our 2011 budget requirements of $6.7 million are fully funded will allow us to pursue our exploration plans on an orderly and efficient basis."
About EurOmax Resources Limited
EurOmax is a Canadian company focused on precious and base metal projects in Southeastern Europe. Our strength is the local staff, knowledge and technical expertise in Bulgaria, Serbia and Macedonia.
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, resource estimates, metallurgical testing, geophysical and geochemical surveys, drilling, geological interpretations, receipt of mining concessions and property titles, potential mineral recovery processes and potential partners. Forward looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements, and readers are encouraged to review all Company documents filed with the securities authorities in Canada, including the Management Discussion and Analysis in respect of the Company's recent financial statements under the heading "Operational and Other Business Risks". These documents describe the material factors and assumptions that were applied in drawing the conclusions and making the forecasts and projections as reflected in the forward-looking statements and information, and the material factors that could cause our actual results, performance or achievements to differ materially. We undertake no obligation to update or revise any forward-looking statements or information made in this news release.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
San Diego Torrey Hills Capital
www.torreyhillscapital.com
EurOmax Resources Limited
President & CEO
(604) 454-8677
markg@euromaxresources.co
www.EurOmaxresources.com
EUROMAX PROPOSES PRIVATE PLACEMENT FOR UP TO $7.875 MILLION
Vancouver Canada: EurOmax Resources Limited (TSX-V: EOX) (“EurOmax” or “the Company”) is pleased to announce a non-brokered private placement of up to 22,500,000 units priced at $0.35 per unit for gross proceeds of up to $7,875,000. Each unit is comprised of one common share and one-half of one share purchase warrant. Each full warrant will entitle the holder to acquire one additional common share of the Company at a price of $0.50 for a period of 12 months following the date of issuance. The Company will pay a cash commission equal to 3%ofthegrossproceedsfromthesaleofcertainoftheunits. Theprivateplacementissubject to acceptance by the TSX Venture Exchange.
Any securities issued pursuant to the private placement will be subject to a hold period of four months from the closing date of the private placement in accordance with applicable Canadian securities laws. The proceeds of the private placement will be used to fund the Company’s exploration programs in Southeastern Europe and for general working capital purposes.
EurOmax Intercepts 336.5 Meters at 0.30% Copper and 0.37 Grams Per Tonne Gold at Ilovitza
VANCOUVER, BRITISH COLUMBIA, Feb. 17, 2011 (Marketwire) --
EurOmax Resources Limited (TSX VENTURE:EOX) (PINK SHEETS:EOXFF) ("EurOmax" or "the Company") is pleased to announce that drill hole EOIC-10-18 intercepted 336.5 meters at 0.30% copper and 0.37 grams per tonne gold, including 166.5 meters at 0.36% copper and 0.46 grams per tonne gold, at its Ilovitza project in Macedonia. Seven drill holes totaling nearly 3,400 meters were completed by the Company in its 2010 drill campaign designed to expand the existing NI 43-101 resource of 303 million tonnes grading 0.23% copper and 0.31 grams per tonne gold. Six of these holes were drilled north of the existing resource and one hole, EOIC-10-14, tested the eastern side of the system. All holes encountered significant copper and gold mineralization.
"We are very pleased with these results," comments Dr. Quinton Hennigh, technical advisor to the Company. "In 2010, we successfully vectored in on what appears to be the higher grade core of the system at Ilovitza and have now expanded its footprint by nearly double. These holes will enable us to calculate a new NI43-101 compliant resource."
Summary of results:
-- Hole EOIC-10-18 intercepted 570.5 meters at 0.25% copper and 0.27 grams
per tonne gold including 336.5 meters at 0.30% copper and 0.37 grams per
tonne gold and 166.5 meters at 0.36% copper and 0.46 grams per tonne
gold. Mineralization begins near surface.
-- One hundred meters north of EOIC-10-18, hole EOIC-10-16 intercepted 503
meters at 0.20% copper and 0.24 grams per tonne gold, including 137
meters at 0.28% copper and 0.34 grams per tonne gold beginning at
surface.
-- Hole EOIC-10-19, collared 140 meters northwest of EOIC-10-18,
intercepted 338 meters at 0.20% copper and 0.25 grams per tonne gold.
-- Hole EOIC-10-20 was collared 100 meters west of EOIC-10-18 and
intercepted 373 meters at 0.22% copper and 0.26 grams per tonne gold
including 245 meters at 0.26% copper and 0.29 grams per tonne gold,
beginning at surface.
-- Approximately 400 meters northeast of EOIC-10-18, hole EOIC-10-17
intercepted 293 meters at 0.13% copper and 0.29 grams per tonne gold.
-- Previously reported hole EOIC-10-14, collared approximately 350 meters
southeast of EOIC-10-18, intercepted 235 meters at 0.25% copper and 0.32
grams per tonne gold and hole EOIC-10-15, collared approximately 250
meters northeast of EOIC-10-18, intercepted 351 meters at 0.25% copper
and 0.41 grams per tonne gold.
-----------------------------------------------------------------------------
Gold eq
Gold (grams
From To Length Copper (grams per Copper per
Hole (meters) (meters) (meters) (%) tonne) eq (%) tonne)
----------------------------------------------------------------------------
EOIC-10-16 0.6 503.6 503.0 0.20 0.24 0.34 0.58
includes 0.6 33.0 32.4 0.72 0.62 1.08 1.85
includes 255.0 392.0 137.0 0.28 0.34 0.48 0.82
EOIC-10-17 280.0 573.0 293.0 0.13 0.29 0.30 0.51
EOIC-10-18 4.5 575.0 570.5 0.25 0.27 0.41 0.70
includes 4.5 341.0 336.5 0.30 0.37 0.52 0.88
includes 4.5 171.0 166.5 0.36 0.46 0.63 1.08
EOIC-10-19 73.0 126.5 53.5 0.15 0.29 0.32 0.55
153.0 491.0 338.0 0.20 0.25 0.35 0.59
EOIC-10-20 0.0 373.0 373.0 0.22 0.26 0.37 0.64
includes 0.0 245.0 245.0 0.26 0.29 0.43 0.74
EOIC-10-
14(i) 0.0 235.0 235.0 0.25 0.32 0.44 0.75
EOIC-10-
15(i) 99.0 450.0 351.0 0.25 0.41 0.49 0.84
---------------------------------------------------------------------------
Nice article. . . .
http://www.321gold.com/editorials/moriarty/moriarty021011.html
That's what I call a low cut-off
EurOmax Reports 2.1 Million Ounces Gold Initial Resource Estimate for Logo Prospect, Trun Project, Bulgaria
VANCOUVER, BRITISH COLUMBIA, Feb. 8, 2011 (Marketwire) --
EurOmax Resources Limited (TSX VENTURE:EOX) ("EurOmax" or the "Company") is pleased to announce an initial National Instrument 43-101 compliant resource estimate for the Logo Gold Prospect at its 100% controlled Trun Project, Bulgaria. The estimate is based on data generated to the end of the 2010 field season. The deposit remains open for expansion to the north, east and west and additional drilling is being planned for these areas.
Highlights of the 0.3 g/t gold cut-off Resource Estimate:
-- At the base case 0.3g/t gold cut-off grade, the Logo Prospect contains
an inferred resource of 91.2 million tonnes at a grade of 0.70g/t Au for
2.1 million ounces of contained gold.
-- This resource lies within a gently dipping, sheet-like body at, or close
to surface and remains open for expansion to the north, east and west.
Grades and thicknesses of mineralization are improving to the north and
northeast.
-- Gold mineralization is hosted by hornfels immediately overlying the Big
Hill granite and shares similarities to the Dublin Gulch and Fort Knox
"tombstone" type gold deposits of the Tintina belt in North America.
-- Mineralization occurs in stockwork quartz carbonate veins with sulphide
contents generally less than 3%. Significant scheelite accompanies gold
in places.
Dr. Roger Moss, technical advisor to the Company stated "This initial resource is a major milestone for the Trun Property and for EurOmax, as the Company works to unlock the value we believe to be contained in our property portfolio."
Inferred resources were also estimated at cut-off grades of 0.15g/t Au and 0.4g/t Au and are summarized in the table below. A drill hole location plan and cross sections can be seen in the technical report on the Company's website.
Logo initial mineral resource estimate
----------------------------------------------------------------------------
Material Category Cut-off Tonnes (Mt) Gold (g/t) Gold (Moz)
Grade
----------------------------------------------------------------------------
Sulphide Inferred 0.15 131.8 0.59 2.5
----------------------------------------------------------------------------
Sulphide Inferred 0.3 91.2 0.70 2.1
----------------------------------------------------------------------------
Sulphide Inferred 0.4 39.6 0.98 1.2
----------------------------------------------------------------------------
Euromax drills 235 m of 1.08 g/t Au at Karavansalija
2008-10-14 07:01 ET - News Release
Mr. John Menzies reports
EUROMAX INTERSECTS 235 METRES AT 1.1 G/T GOLD AND 120 METRES AT 0.86 % COPPER EQUIVALENT
Euromax Resources Ltd. has released results from recent drilling on the Karavansalija property in Serbia including 235 metres grading 1.08 grams per tonne (g/t) gold and 120 metres grading 0.55 g/t gold, 0.48 per cent copper and 3.2 g/t silver (1.4 g/t gold equivalent, 0.86 per cent copper equivalent).
KARAVANSALIJA DIAMOND DRILL HOLE RESULTS
From To Length Au Cu Ag Cu Eq. Au Eq.
(m) (m) (m) (g/t) (%) (g/t) (%) (g/t)
EOKSC 829 0 96 96 0.60 5.4 0.44 0.70
96 216 120 0.55 0.48 3.2 0.86 1.37
EOKSC 830 51 83 33 0.74 0.56 11.7 1.16 1.84
121 208 87 0.09 0.47 2.0 0.55 0.87
EOKSC 831 208 443 235 1.08 0.68 1.08
incl. 274 417 143 1.61 1.02 1.61
incl. 288 342 54 2.71 1.71 2.71
508 512 4 7.17 4.53 7.17
Any potash phosphate or coal there?
Help Wanted - Bulgarian Accountant...
possible to issue a commence trading order?
ya pretty dead
Wasn't much trading going on anyway.
Euromax Resources halted at 6:11 a.m. PT
2008-05-15 09:13 ET - Halt Trading
Shares issued 47,672,487
EOX Close 2008-05-07 C$ 0.32
Euromax Resources Ltd. has been halted at 6:11 a.m. Pacific Time on May 15, 2008, after a cease trade order.
Euromax under cease trade order
2008-05-15 16:16 ET - Cease Trade/Suspend Company
Shares issued 47,672,487
EOX Close 2008-05-07 C$ 0.32
A cease trade order has been issued by the British Columbia Securities Commission on May 14, 2008, against Euromax Resources Ltd. for failing to file the document indicated within the required time period: comparative financial statements, and management discussion and analysis dated Dec. 31, 2007.
Upon revocation of the cease trade order, the company's shares will remain suspended until the company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the company during the period of the suspension or until further notice.
Euromax JV expands exploration at Trun
2008-05-12 07:54 MT - News Release
Also News Release (C-TCK) Teck Cominco Ltd
Mr. John Menzies of Euromax reports
TRUN GOLD EXPLORATION PROGRAM TO BE EXPANDED
Euromax Resources Ltd.'s first phase of the 2008 program at the Trun intrusive-related gold prospect in western Bulgaria has been completed and a follow-up program commenced.
The program, jointly designed with partner Teck Cominco Ltd. which holds the project under option, has been executed with the completion of 2,765 metres in 19 drill holes. Assay results from the diamond drilling program are pending.
A review of continuing activities (drilling, prospecting, soil and trench sampling) at both Big Hill and Little Hill has outlined additional targets. A follow-up program to be completed in the second half of 2008 includes:
Additional soil geochemistry to close significant gold-in-soil anomalies at Little Hill;
An additional 1,500 metres of diamond drill testing of targets at both Big Hill and Little Hill;
Metallurgical testwork.
The drilling component of the program has commenced.
Qualified person, John Menzies, a qualified person as defined by National Instrument 43-101, supervised the preparation of the information in this news release.
Trun Gold Exploration Program Commenced
April 04, 2008
VANCOUVER, CANADA: EurOmax Resources Limited (TSX-V: EOX) is pleased to announce that Phase 1 of the 2008 exploration program at the Trun gold property in western Bulgaria has commenced. Initial drilling of the large Big Hill West geophysical target encountered a 161 metre quartz-sulphide vein stockwork to the bottom of the hole with disseminated molybdenum. The planned program will include 4,000 metres of reverse circulation and 1000 metres of diamond drilling plus 25 line kilometres of geophysics (IP, resistivity and magnetics).
Big Hill Intrusion
Click Image to View
Exploration will focus on the Logo, Nadejda, 744 and Big Hill West targets.
At Big Hill West, a very strong sub-horizontal resistivity feature (present on 6 lines) with moderate chargeability and a coincident high order geochemical anomaly covering an area of 2 kilometres by 1 kilometre has been identified will be tested with drilling.
A wide vein breccia gold-tungsten stockwork was drilled at Logo in 2007 with encouraging results including 138 metres grading 0.8 g/t gold including 41 metres grading 1.6 g/t gold to the bottom of the hole TC 726 and 90 metres grading 0.5 g/t gold, 42 metres grading 0.1% WO3 and 50 metres grading 0.1% WO3 in TC 725. At Nadejda and 744 high grade gold mineralisation was reported in trenches. All of these targets are planned for drill testing.
A program of 4000 metres of reverse circulation (RC) drilling will be focused on the Big Hill West, 744 and Logo targets with diamond drilling of Nadejda, Logo and Big Hill West.
Eight hundred metres of reverse circulation drilling has been completed at Big Hill West and 744. Five hundred metres of diamond drilling has been completed at Big Hill West and Nadejda. Results are pending from this ongoing drilling.
K2 Intrusion
Exploration at K2 has focused on a well-mineralised intrusion covering 4 kilometres by 2 kilometres. Earlier trenching by Euromax reported 40 metres of 4.3 g/t gold and 257g/t silver and 24 metres of 3.56 g/t gold and 18.5 g/t silver. Follow-up drilling returned results including 108 metres at 0.8 g/t gold and 18 metres of 1 g/t gold and 163 g/t silver. A program of geophysics and diamond drilling is planned.
Teck Cominco Limited ("Teck Cominco") has the option to earn a 55% interest in the Trun property by spending C$3 million over 4 years. Upon Teck Cominco earning its initial 55% interest, it has the option to increase its interest to 70% by spending an additional C$10 million on the property.
Latest Project Images
Images from site operations and drill core are updated regularly on the EurOmax website.
Click to see images. (http://www.euromaxresources.com/gallery.html)
Qualified Person
John Menzies, a qualified person as defined by National Instrument 43-101, supervised the preparation of the information in this release.
Quality control and Quality Assurance
Trench and drillhole assaying was done at the Eurotest AD laboratory in Sofia, Bulgaria, an ISO9001 accredited facility. Quality control samples, standards and blanks, were routinely submitted with drillhole samples. Gold was assayed by a 50 gram fire assay with an AAS finish while other elements were assayed by acid digest-ICPMS.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
On Behalf of the Board of Directors
"John C. Menzies"
Chairman and CEO
sell the crap quickly
Euromax shareholder Patriarco boosts holdings to 10.38%
2008-02-28 20:44 MT - News Release
Mr. Robert Ferguson reports
ANTHONY PATRIARCO: EARLY WARNING REPORT
Dr. Anthony Patriarco, on Feb. 22, 2007, purchased, directly or indirectly, 180,000 common shares of Euromax Resources Ltd. in open market transactions. The common shares of the company are listed on the TSX Venture Exchange. As a result of the acquisition, Dr. Patriarco now holds 4,902,000 common shares of the company, representing 10.38 per cent of the issued and outstanding common shares of the company. An early warning report respecting this acquisition has been filed on SEDAR and can be viewed at the SEDAR website.
Dr. Patriarco acquired the shares referred to above for investment purposes only. The investments will be reviewed on a continual basis and Dr. Patriarco's holdings may be increased or decreased in the future, depending upon economic or market conditions or matters relating to the company.
Euromax offers rundown on Ilovitza drilling
2008-02-28 06:07 MT - News Release
Mr. John Menzies reports
EUROMAX COMPLETES SECOND HOLE AT ILOVITZA PORPHYRY INTERSECTING 514 METRE QUARTZ-SULPHIDE STOCKWORK
Drilling of Euromax Resources Ltd.'s second diamond drill hole, EOIC 0811, into the Ilovitza porphyry has intersected a 514-metre quartz-sulphide stockwork, intense alteration with disseminated and vein chalcopyrite. The third hole EOIC 0812 in the centre of the system is drilling ahead at 90 metres.
John Menzies, chairman and chief executive officer, commented: "Euromax is excited by these drill holes as they extend the limits and confirm the geometry of this large altered and mineralized intrusion. Ilovitza, situated along the crest of a ridge, is close to paved roads and only 20 kilometres from rail providing easy access to a deep water port and a smelter."
At Ilovitza, a copper-gold-molybdenum porphyry has been mapped over an area of more than one square kilometre where a variably porphyritic dacite is intruded by a medium-grained, strongly altered granodiorite.
The company's first diamond drill hole into the intrusion EOIC 0710 was suspended at 481 metres. This hole intersected quartz-hematite-sulphide stockwork from 60 metres to the bottom of hole with a vein density ranging from 30 veins per metre to 150 veins per metre. The copper mineral chalcocite dominates from 107 to 216 metres with chalcopyrite and molybdenite to the bottom of hole. Strong magnetite stockwork is developed from 276 metres.
Drill hole EOIC 0811 was completed to a depth of 519 metres and encountered strongly altered and stockworked dacite and granodiorite from surface to the bottom of hole. Chalcopyrite dominates in this hole from 50 metres to 514 metres.
Both drill holes were planned to a target depth of 600 metres but were suspended, pending completion with a more powerful rig which is now on site.
Mapping and careful drill hole logging have now more clearly defined the extent of the intrusive complex. It now appears to be a near vertical body approximately 1.2 kilometres in diameter. Drill hole EOIC 0812 has been collared in the geometric centre of the intrusion and will be drilled vertically in the area of strongest quartz stockworking and highest surface gold grades.
Results for EOIC 0710 ad EOIC 0811 are awaited.
Euromax ties Belly River E well into production
2008-02-26 03:59 MT - News Release
Mr. John Menzies reports
EYREMORE GAS WELL REPORTS GOOD FLOWS
Euromax Resources Ltd. has entered and completed the Belly River E pool in the 5-10-17-18W4. The well flowed 700,000 cubic feet per day from the co-mingled Belly River E, I and J pools, with a flowing tubing pressure of 675 psig constant for a 24-hour period with no water production.
The well is already tied into the gathering system and is on production. The wellhead is equipped with a manual choke which holds the drawdown on each zone to those from the tests in order to minimize the risk of coning water and thereby minimize operating costs and optimize recovery.
The company has a 25-per-cent interest in this well.
We seek Safe Harbor.
Euromax starts drilling at Kazandol
2008-02-22 07:35 MT - News Release
Mr. John Menzies reports
EUROMAX COMMENCE DRILLING AT KAZANDOL OXIDE-COPPER PROJECT IN MACEDONIA
Euromax Resources Ltd.'s drilling has commenced at Kazandol to test previously reported wide copper intersects in trenches including 175 metres at 0.44 per cent copper, 200 metres at 0.32 per cent copper, 150 metres at 0.26 per cent copper and 175 metres at 0.039 per cent copper.
At Kazandol, outcropping copper mineralization has been mapped over a length of five kilometres. Within this zone, two large copper oxide targets have been defined, Kazandol North and Kazandol South. Both targets will be tested during the current program.
Euromax is exploring the property for oxide-copper mineralization which could be amenable to low-cost, solvent-extraction-electrowinning (SX-EW) technology and plans a drilling program when all trench results are available. The Kazandol property is crossed by a regional power transmission line and bitumen roads. It is only 25 kilometres from a rail terminal.
The Kazandol North target is positioned along a steep 1.5-kilometre-long ridge with up to 100 metres relief above the surrounding terrain.
Latest project images from site operations and drill core are updated regularly on the Euromax website.
Qualified person
John Menzies, a qualified person as defined by National Instrument 43-101, supervised the preparation of the information in this release.
Euromax's partner to drill 5,000 m at Trun
2008-02-13 07:20 MT - News Release
Mr. John Menzies reports
TRUN GOLD-TUNGSTEN EXPLORATION PROGRAM APPROVED
Euromax Resources Ltd.'s joint venture partner Teck Cominco Ltd. has approved the phase 1 2008 exploration program for Trun. The planned program will include 4,000 metres of reverse circulation and 1,000 metres of diamond drilling plus 20 line kilometres of geophysics (IP, resistivity and magnetics).
Two large intrusion-related gold systems are being explored at Trun: Big Hill and K2.
Big Hill intrusion
At Big Hill, a 4,200-sample soil geochemistry program defined numerous high-order anomalies within and around the two-by-four-kilometre intrusion. Drilling of geochemical targets in 2007 produced encouraging results at the Logo prospect, including:
138 metres grading 0.8 gram per tonne gold including 41 metres grading 1.6 g/t gold to bottom of hole TC 726;
120 metres grading 0.6 g/t gold including 16 metres grading 1.8 g/t gold and 15 metres grading 0.1 per cent WO3 in TC 719;
17 metres grading 0.3 per cent WO3 in TC 722;
90 metres grading 0.5 g/t gold, 42 metres grading 0.1 per cent WO3 and 50 metres grading 0.1 per cent WO3 in TC 725.
Trenching along the western side of the intrusion at the 744 prospect has reported 20.5 metres grading 4.3 g/t Au, including 10.2 metres grading 8.3 g/t Au. A 30-line-kilometre geophysical program completed in 2007 defined a 600-metre-by-1,500-metre zone of low resistivity and weak chargeability at Logo consistent with the drill results. This geophysical target is significantly larger than the drilled area and open at depth.
At Big Hill West a very strong subhorizontal resistivity feature with moderate chargeability and with a coincident high-order geochemical anomaly covers an area of two kilometres by one kilometre. This feature is modelled as a 2,000-metre-by-1,000-metre massive silica zone at the top of an unexposed intrusion at shallow depth. This geophysical anomaly correlates well with the geological and geochemical results and appears to be related to the highest-grade outcrops. The planned program at Big Hill will include diamond and reverse circulation drill holes to further define the Logo mineralization and to test the 744 and Nadejda high-grade gold targets and the large Big Hill West geophysical feature.
K2 intrusion
Exploration at K2 has focused on a well-mineralized intrusion covering four kilometres by two kilometres. There are widespread ancient workings and two large open pits from modern times. At the K2 intrusion in 2004-5 Euromax trenching encountered results including:
40 metres of 4.3 g/t gold and 257 g/t silver;
10 metres of 6.2 g/t gold and 32 g/t silver;
24 metres of 3.56 g/t gold and 18.5 g/t silver;
9.5 metres of 4.82 g/t gold;
22.4 metres of 4.2 g/t gold;
27 metres of 2.97 g/t gold.
Follow-up drilling reported results including 108 metres at 0.8 g/t gold and 18 metres of one g/t gold and 163 g/t silver.
The planned program at K2 will include 20 line kilometres of geophysics (IP, resistivity and magnetics) and drilling of geochemical targets.
Teck Cominco Ltd. has the option to earn a 55-per-cent interest in the Trun property by spending $3-million over four years. Upon Teck Cominco earning its initial 55-per-cent interest, it has the option to increase its interest to 70 per cent by spending an additional $10-million on the property.
John Menzies, chairman and chief executive officer of Euromax, commented: "This is going to be an exciting year for us at Trun. By far the most interesting target is Big Hill West. It is a large geophysical feature with very high resistivity and coincident geochemistry. It is potentially the source of the high-grade gold mineralization at Nadejda and 744 and the wide gold-tungsten stockwork at Logo. We are very pleased to have Teck Cominco as a partner -- they have brought great value to the exploration of this property."
Latest project images
Images from site operations and drill core are updated regularly on the Euromax website.
Investor relations contract
Euromax, subject to regulatory approval, has entered into an investor relations contract with Dynamic Communications Inc. Under this contract Dynamic will be paid a monthly retainer of $2,000 and issued 150,000 stock options with a term of two years and exercisable at 32 cents per share.
Stock options
Euromax, subject to regulatory approval, has issued 637,500 stock options pursuant to the company's stock option plan exercisable at 36 cents per share with a term of five years to directors, officers and employees.
LOL...Ain't this Menzie's latest vehicle.
I remember John from Steppe Gold. Didn't he get into pumping an oil stock after that?
John will pump anything as long as it sucks the dollars outta somebody's pocket.
Euromax drills 138 m of 0.8 g/t Au at Trun
2007-10-22 08:43 ET - News Release
Mr. John Menzies reports
TRUN GOLD-TUNGSTEN EXPLORATION RESULTS
Euromax Resources Ltd. has provided results from diamond drilling and geophysical programs at the Trun property in Bulgaria. Drilling at Logo encountered a 180-metre-thick stockwork zone with gold and tungsten mineralization including:
138 metres grading 0.8 gram per tonne (g/t) gold including 41 metres grading 1.6 g/t gold to bottom of hole TC 726;
120 metres grading 0.6 g/t gold including 16 metres grading 1.8 g/t gold and 15 metres grading 0.1 per cent WO3 in TC 719;
17 metres grading 0.3 per cent WO3 in TC 722;
90 metres grading 0.5 g/t gold, 42 metres grading 0.1 per cent WO3 and 50 metres grading 0.1 per cent WO3 in TC 725.
Trenching at the 744 prospect along the western side of the Big Hill intrusion has returned: 20.5 metres grading 4.3 g/t Au, including 10.2 metres grading 8.3 g/t Au.
The geophysical program has defined a broad zone of low resistivity and weak chargeability at Logo consistent with the drill results but covering an area of 600 metres by 1,500 metres and open at depth. At Big Hill a strong subhorizontal resistivity feature with moderate chargeability and with a coincident high order geochemical anomaly covers an area of two kilometres by one kilometre. This feature is modelled as a massive silica zone at the top of an unexposed intrusion at shallow depth.
Logo
Eleven diamond drill holes were targeted on a 1,200-metre by 500-metre gold and tungsten soil anomaly. The anomaly is truncated by postmineral limestone to the north, south and east. Diamond drilling has tested only the northern portion of the anomaly and intersected a 180-metre-thick, shallowly dipping, low sulphide content quartz-carbonate vein stockwork along the contact of a shallowly dipping granite. The stockwork zone is interpreted to continue down dip and along strike below younger cover.
After receipt of assays it has become clear that the best tungsten mineralization occurs on the contact with the underlying granite with a gold stockwork zone above and partially overlapping it. Only drill holes TC 720 and TC 722 were drilled to the contact.
LOGO GOLD AND TUNGSTEN DRILL RESULTS
Drill
hole From To Length Au WO3
No. m m m g/t %
TC 717 20.8 22.3 1.5 5.80 -
TC 718 28.0 34.1 6.1 7.84 -
80.1 106.0 25.9 0.60 -
TC 719 0.0 12.2 12.2 0.98 -
44.0 164.7 120.7 0.63 -
Incl. 124.4 140.7 16.3 1.83 -
142.5 158.0 15.5 - 0.09
TC 720 0.0 20.7 20.7 0.61 -
125.0 143.8 18.8 0.37 -
TC 722 24.3 32.0 7.7 0.57 -
66.6 104.2 37.6 0.46 -
94.0 111.3 17.3 - 0.32
96.0 107.5 11.5 - 0.48
TC 723 22.6 102.0 79.4 0.37 -
incl. 118.4 140.4 22.0 - 0.08
TC 724 0.0 18.5 18.5 0.73 -
156.6 197.5 40.9 0.40 -
156.6 203.5 46.9 - 0.09
197.5 203.5 6.0 - 0.29
TC 725 17.0 46.4 29.4 0.24 -
54.8 145.3 90.5 0.47 -
0.0 42.0 42.0 - 0.14
Incl. 10.6 25.0 14.4 - 0.24
95.0 145.3 50.3 - 0.08
TC 726 82.5 220.9 138.4 0.79 -
Incl. 178.0 219.5 41.5 1.64 -
TC 727 0.0 13.2 13.2 0.38 -
Euromax starts drilling at Ceovishte
2007-10-15 09:52 ET - News Release
Mr. John Menzies reports
FIRST HOLE AT RUDNITZA COMPLETED AND DRILLING COMMENCES AT CEOVISHTE
Euromax Resources Ltd.'s first diamond drill hole at Rudnitza has been completed and that the company has now commenced at the Ceovishte property in Serbia.
Rudnitza
Diamond drill hole, EORC 07-01 at Rudnitza has been completed, and is being logged and cut prior to laboratory submission. This hole was drilled to test the mineralization below the zone of most extensive ancient workings. EORC 07-01 was abandoned at 481 metres after drilling problems in a clay zone at 420 metres. The hole intersected a continuous zone from surface to final depth of quartz and sulphide stockwork, and breccia in strongly altered porphyritic andesite and granodiorite. EORC 07-01 was terminated in strongly siliceous and sulphidic altered granodiorite. The most intense quartz-sulphide stockwork veining commenced at surface and extended to 335 metres with vein density locally exceeding 100 veins per metre and averaging 50 to 60 veins per metre. Disseminated pyrite, chalcocite and minor chalcopyrite are widespread below the base of oxidation.
Ceovishte
Diamond drilling has commenced at Ceovishte with a five-hole program planned. Four holes will target a one-square-kilometre area of ancient mine workings at Ceovishte where strongly altered andesitic volcanics and ultramafic intruded by granodiorite bodies host base and precious metal mineralization. A secondary target will be carbonate replacement base metal mineralization in Triassic rocks immediately beneath the altered volcanics and ultramafics. Drill hole locations have been selected to test soil geochemical and magnetic anomalies coincident with alteration and ancient workings.
John Menzies, chairman and chief chief executive office of Euromax, commented: "The first Rudnitza hole intersected very intense stockworking and alteration and we are awaiting results. At Ceovishte we are drilling a large area of alteration and ancient workings. The geological environment at Ceovishte is similar to the Trepca base metal deposits, 30 kilometres to the south. Trepca is reported to have original resources of 60 million tonnes at 10 per cent lead and zinc, and 100 grams per tonne silver -- an attractive target."
John Menzies, a qualified person as defined by National Instrument 43-101, supervised the preparation of the information in this release.
We seek Safe Harbor.
Euromax Resources begins drilling at Ilovitza
2007-09-11 08:54 ET - News Release
Mr. John Menzies reports
DRILLING COMMENCES IN MACEDONIA
Euromax Resources Ltd. has commenced drilling at the Ilovitza property in Macedonia. A 30-line-kilometre geophysical program of induced polarization, resistivity and magnetics over the Ilovitza North porphyry and surrounding alteration system has been contracted.
At Ilovitza a copper-gold stockwork intrusion (Ilovitza North) at least 800 metres long and 400 metres wide intrudes a 1.3-kilometre diameter volcanic diatreme. Reconnaissance mapping has defined a high sulphidation system (Ilovitza South), with a prominent alunite-silica lithocap, extending at least 1,000 metres to the south of Ilovitza North. Within Ilovitza South vein stockworks and advanced argillic alteration are locally well developed. In several locations enargite bearing vuggy silica has been mapped. Sampling of sulphidic vuggy silica breccia by Euromax in a small adit at the most southern outcrop of the high sulphidation system has returned 3.2 grams per tonne gold and 0.4 per cent copper.
The first diamond drill hole planned to a depth of 450 metres, at Ilovitza South is targeted to intersect the high sulphidation zone 250 metres below the main stockwork outcrops. This will be the first hole drilled at Ilovitza South. Subsequent holes are planned in the main Ilovitza North porphyry to test the potentially higher-grade eastern and western portions of the intrusion.
The geophysical program will evaluate the entire intrusive system and surrounding alteration zone, in particular the prominent alunite-silica lithocap at Ilovitza South, which has widespread artisanal workings and remains undrilled. A soil geochemistry program has been completed at Ilovitza South.
At the Kazandol oxide-copper property a 1,000-metre infill trenching program has been completed and results are pending.
John Menzies, a qualified person as defined by National Instrument 43-101, supervised the preparation of the information in this release.
We seek Safe Harbor.
Nope. It will bounce to .50
Next stop .15?
Somebody wanted out today.
I have been out for awhile now and rolled the $$ into fert stocks.
Euromax faces Dundee Precious Metals lawsuit
2007-08-01 10:20 ET - News Release
Shares issued 44,449,155
EOX Close 2007-07-31 C$ 0.64
Also News Release (C-DPM) Dundee Precious Metals Inc
Mr. John Menzies of Euromax Resources reports
EUROMAX SUED BY DUNDEE OVER PEROTO PROPERTY NEW CHIEF FINANCIAL OFFICER APPOINTED
Dundee Precious Metal Ltd. has filed a lawsuit against Euromax Resources Ltd. and eight other parties in connection with the acquisition by a subsidiary of Euromax Resources of the Peroto licence in Bulgaria.
Dundee Precious Metals alleges that Euromax Resources acquired the property in breach of fiduciary duties owed to Dundee Precious Metals in relation to a consulting arrangement between Dundee Precious Metals and third parties, including Euromax Resources's chairman and chief executive officer. Dundee Precious Metals has requested substantial damages as a remedy for these alleged breaches of fiduciary duties. Euromax Resources considers the lawsuit to be without merit and has instructed its counsel to vigorously defend the company.
Euromax Resources also announces that Michael Mason has resigned as chief financial officer of the company. He will continue to act as a director of Euromax Resources. The company also announces that Christopher A. Serin has been appointed as chief financial officer of Euromax Resources. Mr. Serin is a mining engineer with a master of business administration. He has been a director of the company since 2002 and previously was chief financial officer of Royal Oak Mines Ltd., among a number of executive positions that he has held during a career of more than 30 years.
I am not sure I want to tie money up in this one again
Euromax closes option deal with Freeport McMoran
2007-07-13 02:51 MT - News Release
Mr. John Menzies reports
EUROMAX CLOSES PROPERTY ACQUISITIONS IN MACEDONIA AND SERBIA
Euromax Resources Ltd. has closed the options to acquire four exploration properties in Macedonia and five exploration properties in Serbia from Freeport McMoran Inc. subsidiary Phelps Dodge Exploration Corp. (PDX) and its Macedonian and Serbian subsidiaries. Under the terms of the agreement, Euromax has an option to acquire a 100-per-cent interest in the Macedonian properties by the payment to PDX of $600,000 (U.S.) and the issuance of 100,000 Euromax shares and an option to acquire 100 per cent of the shares of Mining and Geology South Danube Metals Beograd South (SDM), a PDX Serbian subsidiary, subject to exclusion of one of the SDM licences, by the issuance of 2.4 million shares of Euromax. In order to exercise the options, Euromax must fulfill all concession requirements, fulfill a certain minimum volume of drilling and complete a $1.5-million (U.S.) exploration program in each of Macedonia and Serbia over three years. PDX retains a one-time only back-in right on each concession, whereby PDX may elect to earn a 70-per-cent interest, after Euromax has completed 10,000 metres on any such property. In order to earn its interest, PDX must repay Euromax twice its exploration expenditure on that property and finance the property though completion of a final feasibility study.
Euromax is commencing an exploration program in each of Macedonia and Serbia. In Macedonia, the initial program includes 1,500 metres of diamond drilling at Ilovista and 1,000 metres of reverse circulation drilling and 1,000 metres of trenching at Kazandol. At Ilovitza, a large copper-gold-bearing quartz stockwork variably exposed over an area of 800 by 400 metres and has been traced to a depth of 500 metres. PDX drilled seven diamond drill holes at Ilovitza, five of which intersected mineralized porphyry. The mineralized stockwork is centred on a dacite porphyry stock central to a 1.3-kilometre diameter volcanic diatreme. The stock is pervasively altered and stockworked at surface. Included in this drilling was an intersection of 363 metres grading 0.25 per cent copper and 0.36 gram per tonne gold.
In Serbia, the initial program includes 900 metres of diamond drilling at Rudnitza and 800 metres of diamond drilling at Ceovishte. The Rudnitza copper-gold porphyry prospect consists of a large quartz vein stockwork zone outcropping over an area of 400 metre by 300 metres. The quartz stockwork, with vein density greater than 30 veins per metre, is developed within a quartz-magnetite alteration zone with biotite at depth. This is surrounded by larger argillic and advanced argillic alteration zones. PDX drilled seven holes at Rudnitza. Included in the drilling was an intersection of 144 metres grading 0.4 per cent copper and 0.37 gram per tonne gold in a 244-metre drill hole which graded 0.28 per cent copper and 0.37 gram per tonne gold over the complete length of the drill hole.
Euromax also announces that it has granted 195,000 stock options to directors and employees. The stock options have an exercise price of 72 cents and a five-year term. All of the work reported herein was undertaken by PDX. Samples were assayed at Eurotest Control AD and American Assay Laboratories, Nev., both ISO 9001-accredited laboratories. The company understands that PDX used industry standard quality-control procedures and believes these results to be reliable. John Menzies, a qualified person as defined by National Instrument 43-101, supervised the preparation of the information in this release.
getting cheaper maybe back to.40 cent yet
They know a bargain when they see one.
Euromax buys Stockley's interest in Bulgarian claims
2007-06-20 07:20 MT - News Release
Mr. John Menzies reports
EUROMAX GRANTS OPTIONS; ACQUIRES NET PROFITS INTEREST ON BULGARIAN PROPERTIES
Euromax Resources Ltd., subject to regulatory approval and the terms of its stock option plan, has granted directors, officers and employees stock options to purchase 1.05 million shares exercisable for a period of five years at a price of 72 cents per share.
Euromax has also entered into an agreement, subject to regulatory approval, with John Stockley to acquire his 2.5-per-cent net profit interest in all of the company's Bulgarian properties for 250,000 common shares of Euromax.
Yup. I think he is a former insider.
We got a pro basher here Ed.
ya all them big buyers thought they had something and now no trading lol
You've got to be joking, have you seen the chart?
Where the hell is fringe anyway!
they will just need a few more days of no trades and somebody will get ichy fingers and cut loose
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