Eagle Mountain announces drilling has recommenced at Oracle Ridge

Jane Morgan Management
  • Drilling has recommenced at Oracle Ridge following the scheduled Christmas
  • Drilling will target high-grade copper mineralisation in breccia and skarn zones
  • Field work commenced at Red Hawk and OREX to define drill targets
  • Several zones of mineralisation observed in hole WT-20-16, the final hole
    drilled in December 2020 – assays pending
  • Eagle Mountain Mining Limited (ASX:EM2) (“Eagle Mountain”, the “Company”) is pleased to
    provide an update of exploration activities, at the Company’s 80% owned Oracle Ridge Copper
    Project (“Oracle Ridge”, the “Project”) in Arizona, USA.
    Drilling Recommences at Oracle Ridge
    Drilling recommenced at Oracle Ridge on Monday, 11 January 2021 after a scheduled
    Christmas break.
    The first drill hole for 2021 is WT-21-01 and was completed last week. WT-21-02 is underway.
    All drilling undertaken in 2020 was aimed at expanding the existing mineral resource base.
    Assays received from the 2020 drilling contained significant grades of copper mineralisation.
    Assays for the last five drillholes are pending.
    Eagle Mountain remains confident in achieving its previously announced Exploration Target of
    adding an additional 14-29Mt
    /Public Release.