Euromax Resources (OTC Other: EOXFF; TSX-V: EOX) intercepted 7.36 g/t gold across 24 meters in confirming the Nadejda target gold zone at its 100% controlled Trun property in Bulgaria. Drilling continues at Trun in an effort to test new targets as well as to test potential extensions of the Logo resource.
According to Dr. Quinton Hennigh, technical advisor to the Company, “We are extremely pleased to see such impressive numbers from the Nadejda target. This target lies about 1.5 kilometers southeast of the Ruy target where our first drill hole there encountered 87 meters at 2.14 grams per tonne gold. The 2.1 million oz Logo gold resource lies about 1.5 kilometers north of Nadejda. Based on strong similarities of mineralization between these three zones, we believe that they may all be potentially part of the same large granite-related gold system.”