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Eagle Mountain Mining Ltd.
Summary
| Project: | Silver Mountain | |
|---|---|---|
| Deposit: | Silver Mountain | |
| Location: | United States | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 4/8/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-4-2019: Eagle Mountain Mining Ltd. announces an Exploration/Drilling Update report for its Silver Mountain deposit at the Silver Mountain project. Drilling results incl. 4.5m @ 0.28% Cu, 0.53ppm Au, 15.02ppm Ag from 107m. Eagle Mountain Mining Limited ( | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Charles Bass (Internal) | |
| ABSTRACT: | Eagle Mountain Mining Limited (ASX:EM2) (“Eagle Mountain” or the “Company”) is pleased to provide an exploration update on the Company’s flagship Silver Mountain Project, located in Arizona, USA. Eagle Mountain’s Managing Director Charles Bass, commented: “We continue to be buoyed by the exploration results along the Pacific Horizon. The geological indicators initially identified from the drilling contain certain characteristics that gives us a high level of confidence moving forward. Importantly, we now have enough information to begin evaluation of the prospect and compare the results to other known mines and prospects in the same Proterozoic greenstone belt as Pacific Horizon. We are further encouraged by the comments of consulting geologist Dr David Compston, Principal of Penrita Pty Ltd, who spent two months in Arizona recently examining all drill core and has reported that ‘it is apparent there is potential for a significant mineral deposit to be present on the Silver Mountain Project’. We now move our drilling campaign to the Scarlett prospect area where we are targeting a completely different style of mineralisation based on the previous discovery of high-grade gold veins from surface. I’d also like to acknowledge the efforts of our exploration crew over the past several months who continue to excel in challenging conditions. We’ve recently moved the entire crew from being supplied by a contractor to full-time employees and this has resulted in better productivity and morale and significantly reduced costs.” | |
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