InvestorsHub Logo
Followers 35
Posts 12463
Boards Moderated 8
Alias Born 12/17/2002

Re: None

Monday, 04/07/2008 2:25:54 PM

Monday, April 07, 2008 2:25:54 PM

Post# of 448
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


Ed

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.