Euromax Resources Ltd. Vancouver, 6 January 2016 (TSX-V: EOX): ('Euromax' or the 'Company') is pleased to announce the results of the Feasibility Study ('FS'), for its 100% owned Ilovica gold-copper porphyry project in Macedonia (the 'Project').
The FS supports the economic robustness of the Project previously indicated by the Pre-Feasibility Study and, through the optimization of the processing flow sheet and a more precise level of costing, demonstrates significant reductions in both capex and operating costs, and a consequential increase in the IRR.
Feasibility Study Highlights
For more information, please visit www.euromaxresources.com or contact:
Steve Sharpe, President & CEO
+44 (0)20 3667 2970
[email protected]
Patrick Forward
+44 (0)20 3667 2970
[email protected]
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