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EurOmax Finds New Gold Zones Near Bulgaria's Trun
Date: 15/06/2011
EurOmax Finds New Gold Zones Near Bulgaria's Trun

The Canadian EurOmax Resources company has discovered new gold zones near the southwestern Bulgarian town of Trun during its drill program.

Results include 87 meters at 2.14 grams per tonne gold (285 feet at 0.063 oz per ton gold) in diamond drill hole MTC1174, the first hole to test the region's Ruy target, a 600 x 400 meter gold-in-soil anomaly.

"Initial results from our 2011 Drill Program at Trun are very encouraging," Dr. Quinton Hennigh, technical advisor to the company, has commented, according to a press release.

"We are drill testing six robust new gold targets this year and already seeing promising results, especially from the Ruy target. Drilling is still underway on additional targets, and we are very optimistic that we will continue to see more positive results from this very large gold project."

Gold mineralization at Trun is associated with large granite and syenite stocks that intrude a broad anticline of metamorphic rocks. According to EurOmax, the geologic setting and styles of mineralization display similarities to that of certain 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.

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Montana is the centre of the administrative region. It is situated in northwestern Bulgaria along the Ogosta River. The town originates from the old Roman stronghold Castra and Montanezium (a stronghold in the mountain), known also as Montana.

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