EurOmax intersects 235 metres at 1.1 g/t gold and 120 metres at 0.86 % copper equivalent



    VANCOUVER, Oct. 14 /CNW/ - EurOmax Resources Limited (TSX-V: EOX)
("EurOmax") is pleased to announce results from recent drilling on the
Karavansalija property in Serbia including 235 metres grading 1.08 g/t gold
and 120 metres grading 0.55 g/t gold, 0.48% copper and 3.2 g/t silver (1.4g/t
gold equivalent, 0.86% copper equivalent).

    
    Results are tabled below:

    -------------------------------------------------------------------------
                   Karavansalija Diamond Drillhole Results
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
               from    To     Length    Au     Cu     Ag     Cu Eq.    Au Eq.
                (m)    (m)      (m)    (g/t)   (%)   (g/t)    (%)      (g/t)
    -------------------------------------------------------------------------
    EOKSC 829    0     96       96     0.60           5.4     0.44      0.70
                96    216      120     0.55   0.48    3.2     0.86      1.37

    EOKSC 830   51     83       33     0.74   0.56   11.7     1.16      1.84
               121    208       87     0.09   0.47    2.0     0.55      0.87

    EOKSC 831  208    443      235     1.08                   0.68      1.08
      incl.    274    417      143     1.61                   1.02      1.61
      incl.    288    342       54     2.71                   1.71      2.71
               508    512        4     7.17                   4.53      7.17
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    Copper and gold equivalent calculations use metal prices of USD 1.25/lb
    copper, USD 550/oz gold. USD10/oz silver

    Adjustment factors for differences in relative metallurgical recoveries
    have not been considered and metallurgical recoveries and net smelter
    returns are assumed to be 100%.
    -------------------------------------------------------------------------
    

    Diamond drillholes EOKSC-0829, 0830 and 0831 were drilled to test 700
metres of strike of the Karavansalija copper-gold skarn. All drillholes
encountered garnet-pyroxene skarn and ended in latite dyke. Although no
drillholes have fully penetrated the skarn section it is believed that it is
at least 500 metres thick. These drillholes were drilled along the southern
side of a prominent donut shaped base metal soil geochemical anomaly 3
kilometres across.
    1000 metres along strike to the SSW of the western most drillhole EOKSC
0831, which intersected 235 metres grading 1.08 g/t gold, a strong IP
geophysical anomaly remains untested and likely represents the continuation of
this mineralisation.

    Website and Image Library

    Drill core imagery and website content are updated regularly at
www.euromaxresources.com

    Quality control and Quality Assurance

    Diamond drillhole samples are cut and crushed at a sample preparation
facility in Serbia overseen by EurOmax personnel. Routine assays are
undertaken at Eurotest AD laboratory in Sofia, Bulgaria, an ISO9001 accredited
facility. Quality control samples, standards and blanks, are routinely
submitted. Gold is assayed by a 50 gram fire assay with an AAS finish while
copper is assayed by acid digest-ICPMS.

    Qualified Person

    John Menzies, a qualified person as defined by National Instrument
43-101, supervised the preparation of the information in this release.

    
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

    On Behalf of the Board of Directors

    "John C. Menzies"
    Chairman and CEO

    -------------------------------------------------------------------------
    EurOmax Resources Limited is listed on TSX Venture Exchange Symbol: EOX
    -------------------------------------------------------------------------
    





For further information:

For further information: www.euromaxresources.com; Investor Relations:
David Stothard, T: (347) 284-0062, d.stothart@euromaxresources.com


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890