Welcome to Eagle Mountain Gold Corp. (TSX-V: Z) (OTCQX: SDMTD) (FKFT Boerse: E9X)
is a resource company with an advanced-stage gold exploration project in strategic partnership with IAMGOLD. The recent results of an NI 43-101 conducted by third party engineering firm ACA Howe shows an increase in total resource estimate by 34% over the Company?s 2010 NI 43-101 at the company?s Eagle Mountain Project. With a cut-off at 0.5 g/t Au, the Indicated resource measures 188,000 ounces averaging 1.49 g/t Au and the Inferred geological resource measures 792,000 ounces of gold averaging 1.19 g/t Au. The deposit remains open in three directions and shows potential for expansion with strong gold values at the edges of the mineral resource. In addition, infill drilling will be conducted to make compliant historical resource that fell out of QA/QC compliancy status from the 2010 NI 43-101 due to new industry-wide regulations imposed by the Securities Commission. The full NI 43-101 report is posted on www.sedar.com.
Located in central Guyana, the Eagle Mountain Project is 45 kilometers from the historic Omai Gold Mine, which produced approximately four million ounces of gold before closing in 2005. The project is only 5 kilometers from the mining-friendly township of Madhia and relatively close to existing infrastructure. Guyana is a mining-friendly, English-speaking jurisdiction with a stable democracy based on British law.
Through an option agreement with Mowasi Gold Corp., Eagle Mountain Gold Corp. can earn up to 95% interest in an additional 8,500 hectares of land adjacent to the Eagle Mountain Project.
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