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Zlatniky Gold Anomaly Identified PDF Print

Eastern Mediterranean Resources Public Limited ("EMED") announces that assays from stream sediment sampling at the Company's 100%-owned Zlatniky prospect has identified the Stara Hora area as being highly anomalous in gold.

 

The Zlatniky licence area is located in western Slovakia and the exploration objective is to discover the bedrock source of gold mined historically from paleo-placers.

Assays have now been received from a first-pass surface geochemical survey over three areas within the potential provenance of the alluvial gold.  These areas all contain indications of gold mineralisation recorded by previous explorers.  EMED's survey collected 129 stream sediment samples, 60 rock chip samples and 23 soil samples.

 

Hydrothermal quartz-vein float is widespread in the drainages of the northern half of the licence area.  This quartz is often sulphidic, sometimes anomalous in gold, base metals and other indicator elements.

 

Assays from EMED's stream sediment sampling have:

  • Highlighted the Stara Hora area as highly anomalous in gold with two adjacent streams containing sediments assaying 226 ppb gold and 183 ppb gold.  A rock float sample of vein quartz from a third adjacent stream assayed 3.9 g/t gold.
  • Generated an extensive (1.5km by 0.5km) coincident arsenic, copper, lead and silver anomaly from drainages in the Tri Buky area.

Follow-up soil and rock-chip sampling is planned for spring 2006 with the objective of establishing early targets for trenching and drilling.

 

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