Euromax Resources (TSX: EOX; OTCQX: EOXFF; WKN A1J6XZ) is a minerals development company, publically listed in Canada on the Toronto Stock Exchange whose corporate strategy is centered on the development of the Ilovica-Shtuka Project, the company’s core gold and copper development project located in Macedonia.
The project is a bulk tonnage ccopper-goldporphyry. The Feasibility Study completed by Euromax on Ilovica-Shtuka shows a low strip, open pit mine using conventional processing to produce approximately 83,000 ounces gold and 16,000 tonnes copper per year over a 20 year mine life. The study is based on several years of detailed research and resource definition.
The company has identified potential sources of the capital required to finance the project, and is in the process of securing final approvals in Macedonia.
Together with key stakeholders such as the EBRD Euromax is committed to maximising shareholder value through an honest, transparent and ethical business approach.