Mining

Eagle Mountain Mining reports copper porphyry potential at Silver Mountain Project

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Eagle Mountain Mining (ASX:EM2) announced new geophysical results for its 100% owned Silver Mountain Project in Arizona, USA.

The data indicates significant copper porphyry potential, with detailed drill planning now underway.

The newly acquired geophysics, combined with existing data, has revealed large, high-priority porphyry-style targets.

The targets exhibit characteristics similar to other world-class porphyry deposits, positioning Silver Mountain as a potential key player in the Laramide Arc region. 

"We are thrilled to announce that detailed drill planning is currently underway to test the highly prospective targets identified from recent geophysical modelling," said Tim Mason, CEO of Eagle Mountain Mining.

"These promising areas are characterised by elevated velocity and lowered magnetic response, similar to those found at other world-class porphyry deposits," Mason added. 

The project benefits from several additional geophysical targets that have been identified across Silver Mountain, supported by both new and existing gravity data.

This reinforces the potential for a large-scale porphyry-hydrothermal system in the area, further corroborating the high-value exploration potential.

Eagle Mountain Mining is focusing on both near-surface high-grade breccias and veins and deeper porphyry targets.

As part of the exploration strategy, the company is initiating drill permit applications and contractor tendering to advance the project to the next phase.

Eagle Mountain Mining is a copper-gold explorer focused on the exploration and development of the Oracle Ridge Copper Mine and the highly prospective Greenfield's Silver Mountain Project, both located in Arizona, United States.

At the time of reporting, Eagle Mountain Mining's share price was $0.05.

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