EurOmax Resources Ltd. has announced 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 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
- Diamond drill hole MTC-1192, drilled at an azimuth of 055 degrees true north with an inclination of -60 degrees, intersected 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). Coupled with the intercept of 87 meters at 2.14 grams per tonne gold from drill hole MTC-1174 located approximately 50 meters to the southeast, it now appears the Ruy gold zone trends north-northwest. Diamond drill hole MTC-1198, located approximately 50 meters southeast of drill hole MTC-1174 and drilled at an azimuth of 240 degrees true north with an inclination of -60 degrees, encountered 28.3 meters at 0.35 grams per tonne gold (93 feet at 0.010 oz per ton gold). It is believed that this intercept is from a separate zone lying underneath that encountered in drill holes MTC-1192 and MTC-1174.
- Two additional step-out drill holes, MTC-11101 and MTC-11104, have recently been completed at Ruy and samples have been delivered to the lab. Data from these three holes is expected to help evaluate the exact geometry and size of the Ruy gold zone.
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 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.
Source: www.EurOmaxResources.com