EurOmax Receives Favourable Metallurgical Results and Files Application for Exploitation Concession at Ilovitza

EurOmax Resources Ltd. (TSX-V: EOX; OTC: EOXFF) announced today favourable recoveries of copper, gold and silver into concentrate from testing of a representative sample of stockwork mineralization from its Ilovitza Cu-Au Porphyry Project, Macedonia. Preliminary metallurgical testing indicates recoveries of 84% of copper, 58% of gold and 68% of silver. A concentrate grading 22.0% copper, 16.6 grams per tonne gold and 145.7 grams per tonne silver was produced through optimized, selective flotation of a pulverized sample grading 0.24% copper, 0.25 gram per tonne gold and 1.6 grams per tonne silver.

In the release, Dr. Quinton Hennigh, Technical Advisor to EurOmax stated: “We are very pleased with this year’s progress at Ilovitza. Our initial flotation tests have proved positive, the 2011 drill program has dramatically increased the size of the system and we have now formally applied for an exploitation concession on our project.”

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