Company Information for Euromax Resources Ltd

TSX.V-EOX

www.euromaxresources.com

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Company Statement

EurOmax Resources Limited (EurOmax) is a Canadian minerals exploration company focused on the discovery and development of metal deposits in SE Europe.

From a base in Sofia, Bulgaria projects in Bulgaria, Macedonia and Serbia are being explored for gold and base metals. EurOmax made the strategic decision in 2003 to focus on the metals potential of SE Europe after a systematic and global review of prospective terrains. The Company was attracted to SE Europe because of the prospectively of the geological terrain, availability of quality exploration and support professionals and a long history of gold and base metal mining.

Our Vision
To become the most successful mineral exploration and development company
in South East Europe. To be the preferred employer, and preferred partner for communites and government leaving only a positive impact for future generations.

Focused on the mineral wealth of south east Europe which was a major source of metals in the ancient world and today hosts the European Union’s largest copper-gold deposits;
Acquired all of the Freeport McMoran gold and base metal properties in Serbia and Macedonia in 2007 and 2008;
Ilovitza: copper-gold porphyry with a 43-101 inferred resource of 303 million tonnes containing 1.6 billion pounds of copper, 2.6 million ounces of gold and 34 million pounds of molybdenum. Undrilled core of the system defined by recent geophysical survey. Potential for significant resource and grade increase. Resource expansion
drilling early 2009;
Kazandol: 5 kilometer long copper bearing structure defined by mapping, geochemistry and trenching. Wide trench and drillhole results define flat structure easily minable; Potential for early production from oxide copper. Resource drilling early 2009;
Ceovishte: Newly discovered 2 square kilometer silica breccia surrounding diorite intrusion at southern end of 5 kilometer long zone of alteration and ancient workings. Some of the largest undrilled ancient gold workings in Europe. Strong rock chip and soil anomalies. Geophysics
and drilling 2009;

Current Operations

Kazandol
At Kazandol outcropping copper mineralisation has been mapped over a length of five kilometres. Within this zone two large copper oxide targets have been defined: Kazandol North and Kazandol South. The results from trenches confirm the continuity of mineralisation over a strike of 800 metres and a width of 200 metres. Better results include: 175 metres grading 0.44% copper and 200 metres at 0.32% copper. This has been confirmed by diamond drilling which has defined similar grades within a 50 metre thick oxide copper zone. Recent mapping and geochemistry has extended this mineralised zone another 4,000 metres to the south. Our objective here is to define a copper-oxide resource and to produce copper sulphate for sale in Europe.

Oxide Copper Project;

Located in northern Macedonia10 kilometers from rail and 70 kilometers from a deep water port ;
Property crossed by sealed roads and power;
+5,000 metre long copper mineralised thrust;
Trenches: 210 metres at 0.4% copper, 175 metres at 0.44% copper, 175 metres at 0.39% copper;
Drillholes: 47 metres at 0.6% copper;
Early oxide copper production targeted. Trenching and resource drilling planned 2009.

Karavansalija
The 60 square kilometer Karavansalija property is located in southern Serbia in SE Europe. In this portion of Serbia mining has been an important local economic driver. The largest town in the area is Novi Passar - population 100,000. Access to the Karavansalija area is readily available by road, from the capital Beograd, or from Skopje in Macedonia, or Sofia in Bulgaria.

Geological Exploration - Recent
Recent explroation at Karavansalija has included:

• outcrop mapping,
• rock chip sgeochemistry 528 samples,
• road cut channeling totaling 880 m or 440 continual samples ,
• soil geochemistry 100x50 m or 3417 samples,
• magnetic survey along 105 km,
• geophysical survey pole-dipole and dipole - dipole 86.1 km
• 27 diamond drillholes
• Metallurgical testwork

The soil geochemistry program defined a number of high order anomalies for copper, lead, zinc and gold. A compilation of soil geochemistry and ground magnetics is provided in the image to the left.

Ilovitza
Ilovitza is a newly discovered porphyry copper-gold-molybdenum deposit. Mapping and drilling has defined an intrusive complex 1.2 wide and more than 1.3 kilometres long. The project is located close to road, rail, water and power and importantly there are two smelters within 400 kilometres via heavy rail.

Copper-Gold Porphyry;

Located in northern Macedonia 20 kilometers from rail and 70 kilometers from a deep water port ;
5,400 metres diamond drilling, first geophysical program completed at Ilovitza late 2008;
43-101 resources: 303 million tonnes containing 1.6 billion pounds of copper, 2.6 million ounces of gold and 34 million pounds of molybdenum.
Geophysics defines core of system to immediate east of
resource, target is undrilled;
Resource expansion drilling planned 2009.

Ceovishte
The 48 sq.km Ceovishte license, 28 kms to the north of the company warehouse facility at Rashka, lies within Kapaonik mineral field. This Tertiary metal province haost a number of world class deposits including the giant Trepcha deposit (150 million tonnes at 10% lead+zinc) 35 kilometres to the south.

The Ceovishte property covers a lightly explored area in southern Serbia. During 2007 EurOmax found a 5 kilometre long zone of intense alteration around a diorite stock. Mining in the Ceovishte licence area commenced in ancient times as evidenced by many shafts and pits. These ancient adits, shatfs and large open pits are amongst the largest in SE Europe. More recently in the early 20th century an adit was driven on the property to evaluate widespread ancient workings at Ceovishte. There has been very little modern exploration on this licence and no drilling until 2008 along the 5 kilometres of ancient working seen in the image below.

Epithermal Gold Project;

Located 10 kilometers north of Rashka in southern
Serbia;
Property crossed by paved roads and power;
5 kilometer long zone of ancient gold and lead-silver workings largely undrilled. Some of the largest gold workings in SE Europe - not previously recognized;
Recent drilling: 12.4 metres at 1.5% copper, 1.4% lead, 0.8% zinc, 62 g/t silver and 1.6g/t gold;
2 square kilometer gold bearing silica breccia remains undrilled.

Brestovatz
The 90 sq. km Brestovatz licence is located within the Timok Magmatic Complex (TMC) one of the richest metal terrains in Europe. EurOmax has two licence in the TMC, Durlan Potok and Brestovatz which cover more than half of the strike of the important Bor Fault in the Timok complex. All the major deposits in the TMC lie along or very close to this structure.

Total metal endowment of the known ore deposits within the Bor - Majdanpek zone in the Timok Magmatic Complex, including past production, was estimated by Jankovic et al., (1998) to be over 20 million tonnes of copper and 30 million ounces of gold, with 7 million tonnes of copper and 10 million ounces of gold for the Bor deposit. The Bor deposit is reported to have contained initial resources of more than 200 million tonnes grading 1.5% copper and 0.8 g/t gold.

Durlan Potok
The 56 sq. km Durlan Potok licence is located within the Timok Magmatic Complex one of the richest metal terrains in Europe. The Durlan Potok and Brestovatz licences cover more than half of the strike of the important Bor Fault in the Timok complex.

Total metal endowment of the known ore deposits within the Bor - Majdanpek zone in the Timok Magmatic Complex, including past production, was estimated by Jankovic et al., (1998) to be over 20 million tonnes of copper and 30 million ounces of gold, with 7 million tonnes of copper and 10 million ounces of gold for the Bor deposit. The Bor deposit is reported to have contained initial resources of more than 200 million tonnes grading 1.5% copper and 0.8 g/t gold.

Exploration Results
With the very significant resources at Bor to the south and Majdanpek to the north no explroation has been undertaken in recent decades. Two kilometres to the south of the Durlan Potok licence the Mali Krivelj porphyry copper deposit (>300 Mt grading 0.50% copper and 0.15 g/t gold) has been partially drilled but is open at depth and along strike. Locally within this deposit high grade intercepts including 300 metres at 1% copper has been reported. Higher grade supergene deposits known as Cementacia 1,2 and 3 have historically been mined.
EurOmax completed a first phase soil geochemical and rock chip program in 2007. This work defined a wide soil gold-copper anomaly and very high grade rocks chip samples. An infill program is in progress and is due for completion during July 2008 before comencement of a 1000 metre diamond drilling program to test geochmical targets.

Trun
The Trun property is located approximately 50 kilometres from Sofia.
The property is readily accessible by road, about two hours driving time from Sophia, the capital city. The project is at about 750 and 1,300 metres above sea level, within a range of relatively undulating hills. The property is primarily grassland but at higher elevations the cover is predominately beech and cultivated forest. The climate is typical transitional Continental/Mediterranean and can be classified as temperate.

Two small gold producing operations are known in property area:

Zlata, active in 1939-1973 with a reported total production of 0.717Mt of 5.97g/t gold from a series of small open pits and extensive underground operations;

Krushov Dol open pit, active in 1965-1974 with a reported total production of 0.590Mt of 1.77g/t gold and 14.43g/t silver.

Teck Cominco Limited has the option to earn a 55% interest in the Trun property by spending C$3 million over 4 years. Upon Teck Cominco earning its initial 55% interest, it has the option to increase its interest to 70% by spending an additional C$10 million on the property.

Geographical Spread

Bulgaria - mineral exploration
Alberta, Canada - oil and gas production
Turkey - oil and gas exploration

Board of Directors and Key Management

John C. Menzies	Chairman & CEO
Christopher A. Serin	Director & CFO
Michael T. Mason	Director
Anthony Patriarco	Director
Darren A. Steffes	Director
Robert D. Waymouth	Director

Company Address

Suite 511
475 Howe Street
Vancouver, V6C 2B3


Telephone:	+ 1 604 669 5999
Facsimile:	+ 1 604 608 3344
Website:	http://www.euromaxresources.com

Additional Address/Key Contact

European Office
Level 2
162 Tzvetan Lazarov Blvd.
SOFIA 1582
BULGARIA
Tel + 359 2 978 4880
Fax + 359 2 489 4303

Investor Relations
Mr David Stothart
North America: + 1 347 284 0062
United Kingdom: +44 207 096 0200

Management
Canada: + 1 604 669 5999
United States: +1 202 657 5333
United Kingdom: +44 20 3239 9272
Switzerland: +41 44 586 11 19
Australia: +61 8 6102 1054

Capital

Shares Issued: 56.8 million
Fully Diluted: 64.3 million
Market Cap: $5.7 million

Annual General Meeting

June in Vancouver

Year End

December 31

Major Shareholders

Management	(14.5%)
Oribi Resources Inc.	(7.4%)
Azara SA	(7.2%)
Gold 2000 Limited	(3.5%)

Most Recent Statement

17/03/09 - EurOmax acquires gold-silver projects
23/02/09 - Investment Industry Regulatory Organization of Canada - Trading Halt - Euromax Resources Ltd. - EOX
23/02/09 - EuroMax and Silk Road announce friendly business combination
05/02/09 - EurOmax closes 485,000 financing - 2009 program at Kazandol commences
24/12/08 - EurOmax announces $485,000 financing and director resignation
22/12/08 - EurOmax sells oil & gas interest

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