34 See page 96 for Disclosure, Disclaimers & Info on Mineral Resource and Reserves Christopher Serin Chie Financial Ofcer Few people would likely consider the Balkans to be an area that could provide ertile ground or major mineral de- posits, yet EurOmax Resources (TSXV: EOX) had the oresight to establish a major presence in this ormerly troubled region in 2003. Opportunity is oten available in the most unlikely places and EurOmax is capitalizing on developing resources in areas rst mined by the Greeks, Romans and their predecessors thousands o years ago. With our proj- ects scattered across Bulgaria, Macedo- nia and Serbia, the company has estab- lished a strong beachhead rom which to advance into possible production in as little as 18 to 24 months. EurOmax is exploring its Kazandol North prospect in Macedonia or oxide copper mineraliza- tion, which could be amenable to low cost Solvent Extraction Electro-winning (SX-EW) technology. Karavansalija in Serbia hosts copper-gold skarns, lead-zinc-copper-gold skarns, gold in volcanics and gold-nickel-cobalt silica breccias. Its Breznik project in Bulgaria hosts signicant gold and silver resourc- es, and its Ilovitza project in Macedonia has a resource o 303 million tonnes containing 1.6 billion pounds o copper and 2.9 million ounces o gold plus mo- lybdenum and silver. Christopher Serin, EurOmax’s Interim CEO and CFO spoke with us about the exciting prospects or his well-positioned company. EurOmax Resources Establishes Major Position in the Balkans Booth # 3139 www.euromaxresources.com 604.669.5999 R esource Intelligence: In a number of respects EOX appears to be in a very interesting and enviable position. What’s the story on how it got here? Christopher Serin: After doing a systematic review of prospective global geological terrains, EurOmax made the strategic decision in 2003 to focus on the metals potential of SE Europe. Te attrac- tion of SE Europe to us was based on the high potential of the geological terrain, the availability of quality exploration and support profes- sionals and a long his- tory of gold and base metal mining going back thousands of years. Plus there ap- peared to be little, if any competition; so in 2003 EurOmax acquired six gold and copper exploration properties in Bulgaria and set up shop in Soa, the capital. In 2006, three of these projects formed the basis of an Australian IPO, Balkans Gold Ltd in which EurOmax was the lar- gest shareholder. In July 2007, EurOmax entered into an option to acquire 100% in nine explora- tion properties and applications in Macedonia and Serbia from Freeport McMoRan Copper and Gold Inc. As a result we were able to create the most geographically diverse, SE European min- erals exploration company existing today. RI: Can you give us a brief rundown on your main property holdings? CS: Certainly. Let’s start with Ilovitza, which is a newly discovered porphyry copper-gold-mo- lybdenum deposit in Macedonia. Mapping and drilling work there has dened an intrusive com- plex some 1.2 kilometres wide and more than 1.3 kilometres long. One of the great advantages of being in Europe, versus in the middle of no- where, as is often the case with mineral proper- ties, is that there is infrastructure in place and close by . Tis project is located close to road, rail, water and power and, importantly, there are two smelters within 400 kilometres via heavy rail. An independen t Mineral Resource Statement on the property shows an inferred resource of 303 mil- lion tonnes containing 1.6 billion pounds of cop- per, 2.6 million ounces of gold and 34 million pounds of molybdenum. Next we have our Kazandol prospect in Mace- donia where outcropping copper mineralization has been mapped over a length of ve kilometres. Within this zone, two large copper oxide targets have been dened: Kazandol North and Kazan- dol South. At Kazandol North, an 800m by 600m zone of copper oxide mineralization has been mapped within which a narrower 800m long and up to 250m wide zone grading over 0.1% copper has been dened by trenching across the strike of the mineralization. Recent mapping and geochem- istry has extended this mineralized zone another 4,000 metres to the south. We are exploring the North prospect for oxide copper min- eralization, which could be amenable to low cost SX-EW technology. Initially, however, we’d like to develop a cop- per-oxide resource, which could be used to produce copper sulphate for sale to markets in the region and in Europe. Tis is something which we could bootstrap fairly quickly at relatively low cost. Recent map- ping at Kazandol South has shown this area to be signicantly more mineralized than Kazandol North. RI: How about your other two properties? CS: Karavansalija (Pronounced “karavan - sal - eya”) is a 60 square kilometer property located in a portion of southern Serbia where mining has been an important element in the l ocal economy for many years. Tis is a very large mineralized system. Te Karavanslija mineralized centre (KMC) covers an area of roughly 12 square kilo- metres. Silver and gold-bearing lead-zinc as well as copper ore were mined at a place called Ro- gozna going back to Roman times. In the Middle Ages there was surface mining activity along outcropping lead-silver zinc veins. In the 20th century, underground exploration, geophysics and exploration drilling focused on Pb-Zn-Ag mineralization, largely carried out by exploration teams from repca mines. Only intervals with visible base metal sulphides were assayed and rarely for gold. Signicant lead-zinc and copper intercepts are reported. Te lead-zinc-copper- gold skarns were the subject of ancient mining and more recent exploration and are locally high- grade. Similar skarns are mined at the giant rep- ca deposit, which had reported initial resources of 60 million tonnes at 10% Pb+Zn and 100 g/t Ag. In addition, there is also volcanic hosted gold overlying the skarn and carbonates in silicied zones with massive and disseminated sulphides. “We were able to create the most geographi- cally diverse, SE Euro- pean minerals explora- tion company existing today.” ~CFO Christopher Serin