checkAd

     501  0 Kommentare Eurasian Minerals Provides an Exploration, Royalty, and Strategic Investment Update - Seite 2

    Copper Basin hosts a porphyry copper (molybdenum) system with nearly a kilometer of vertical extent within a 1.5 square kilometer area of exposed porphyry style alteration, mineralization, and related geophysical anomalies. The Company regained 100% control of the Copper Basin property in July after Vale relinquished their interest in the project. In total, Vale spent more than US $3.5 million adding value to the property by 100% funding BCE's geologic mapping, sampling, geophysical surveys, and 3,916 meters of drilling in two programs. Copper Basin is available for partnership, with significant portions of the original target still untested by drilling.

    EMX's Superior West project is another Arizona porphyry copper property available for partnership. The project is located west of the historic mining town of Superior, Arizona, and adjacent to the Resolution Copper property. Superior West covers several porphyry copper targets, as well as the projected western extension of the historic Magma Vein as indicated by structural geologic reconstructions and geophysical anomalies. The Company is in discussions with several potential partners interested in the property.

    Elsewhere, partner companies advanced projects in EMX's North American portfolio by completing geophysical surveys and permitting for planned drill programs.

    Turkey. All EMX projects in Turkey are being advanced by partner companies. Partner Çolakoglu Ticari Yatirim A.S. reported drill results from the Akarca project that expanded the size of the Fula Tepe gold-silver zone, which still remains open in all directions. Notably, the recent drilling intersected two of the three highest grades from the property to date (AKC-112 with 1.1m @ 112.5 g/t Au and 397 g/t Ag and AKC-120 with 1.0m @ 155.5 g/t Au and 1060 g/t Ag; true widths estimated at 50-75% of interval length). In addition, reconnaissance drilling intersected new gold-silver veins a further 100 meters to the northwest (AKC-119), and 200 meters to the southeast (AKC-128A, AKC-129) of the zone (see EMX news release dated July 17, 2014).

    Australia and New Zealand. EMX continued to expand its asset portfolio in the region by applying for new exploration and prospecting permits in New Zealand's Hauraki Goldfield and Taupo Volcanic Zone, while continuing to evaluate other opportunities in the country. These new acquisitions are being made at minimal cost in a prospective and politically stable jurisdiction.

    Seite 2 von 8



    Verfasst von Marketwired
    Eurasian Minerals Provides an Exploration, Royalty, and Strategic Investment Update - Seite 2 VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 23, 2014) - Eurasian Minerals Inc. (TSX VENTURE:EMX) (NYSE MKT:EMXX) (the "Company" or "EMX") is pleased to provide an update on the Company's recent exploration, royalty, and strategic investment …

    Schreibe Deinen Kommentar

    Disclaimer