Eurasian Minerals Announces Drill Results from Copper Basin in Arizona
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- Category: Molybdenum's News
- Published on 01 July 2013
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Eurasian Minerals Inc. (TSXV:EMX4,NYSEMKT:EMXX) announced 2013 drill results from the Copper Basin porphyry copper-molybdenum project in central Arizona.
The mineralized system starts at surface, and six of the seven diamond drill holes completed this year bottomed in visible copper-molybdenum mineralization.
“Hole CB-13-01 was altered and mineralized over its entire 919.7 meter length, and averaged 0.34% copper equivalent (0.18% Cu and 0.029% Mo)."
"With higher grade sub-intervals of 104.5 meters averaging 0.43% copper equivalent (0.21% Cu and 0.039% Mo) and 63 meters averaging 0.65% copper equivalent (0.16% Cu and 0.090% Mo).
EMX’s exploration results confirm the presence of a large porphyry copper-molybdenum system with nearly a kilometer of vertical extent within a 1.5 square kilometer area defined "
By the presence of porphyry style alteration, mineralization, and related geophysical anomalies. Copper Basin is a Designated Project being advanced with partner Vale Exploration USA Inc., a subsidiary of Vale S.A. (“Vale”).
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