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Euromax Resources Ltd V.EOX

Alternate Symbol(s):  EOXFF

Euromax Resources Ltd is a Canada-based company that operates in mining industry. The Company is engaged in identifying, acquiring and developing mineral resources in Southeastern Europe. The Company has a development project in Northern Macedonia. The Company is focused on building and operating the gold-copper development asset in Ilovica-Shtuka in South East Macedonia. Ilovica-Shtuka copper/gold project's deposit type is copper gold porphyry. Its average annual production is 83 kilo ounces (Koz) of gold (Au) and 16 kilo tons (Kt) of copper (Cu). It is engaged in the bulk tonnage open pit mining.


TSXV:EOX - Post by User

Bullboard Posts
Post by baystock1on Nov 16, 2017 12:39pm
96 Views
Post# 26977565

low grade

low grade at .66 grams per ton au equiv, this is a very low grade deposit. Which explains why they can't get financing.
Bullboard Posts