EurOmax extends mineralization at Ilovitza to the east

EurOmax Resources (CVE:EOX) announced Thursday results from three drill holes at its Ilovitza copper-gold project in Macedonia, extending mineralization by an additional 150 metres to the east.
Highlights from results, part of the 4,00 metre, 2011 diamond drill program at the site, include 0.29% copper and 0.46 grams per tonne (g/t) of gold over 187 metres in hole EOIC-1123.
In addition, 187.4 metres of 0.23% copper and 0.39 g/t gold were drilled in hole EOIC-1125, the eastern-most hole drilled to date at the project, including 102.4 meters at 0.28% copper and 0.56 g/t gold.
The mineral exploration company said all three step-out holes were drilled on the eastern side of the deposit, where it currently remains open.
"Although sulfide mineralization does not reach surface here, it is clear that the deposit remains wide open in that direction," said technical advisor to EurOmax, Dr. Quinton Hennigh.
"Our 2011 drilling program has now expanded the footprint of known mineralization by about 20-25%."
Moreover, hole EOIC-1124, drilled vertically along the northeast edge of the deposit, encountered 162 meters at 0.18% copper and 0.25 g/t gold.
Ilovitza is a tertiary copper-gold porphyry system, part of a province of such deposits in Macedonia and Greece that includes the 4 million ounce gold and 800,000 tonne copper Skouries deposit in Greece.
EurOmax holds an option on the project from an international mining company, and the property is subject to back-in rights once a certain drilling commitment has been met, it said.