Euromax Resources (OTCQX: EOXFF; TSX-V: EOX) has outlined an aggressive drill program to test multiple new targets at its 100% controlled KMC Copper-Gold Project, Serbia, in 2012. Multiple new targets defined by magnetic, induced polarization (IP) and resistivity data collected in late 2011 will be tested by a planned 8,000 meter diamond drill program beginning in April of this year.
According to Quinton Hennigh, Chief Geologist of Euromax Resources, “Now that we have analyzed our comprehensive geophysical dataset from KMC, we are planning an aggressive drill program to test multiple new drill targets at our KMC project. Previous drilling at KMC has already identified a robust copper-gold skarn system at Copper Canyon. Our new dataset clearly indicates the presence of at least seven additional large geophysical anomalies similar in nature to Copper Canyon. Some of these are associated with strong surface geochemical anomalism. Beginning in late April, we will undertake systematic drilling of these new targets that we believe could generate significant results at KMC.”