Aankondiging • May 25

Eagle Mountain Mining Limited Provides an Exploration Update At Oracle Ridge Mine Project in Arizona

Eagle Mountain Mining Limited provided an exploration update at company's 100% owned Oracle Ridge Mine Project in Arizona, USA. Strong visual observations from two drill holes, WT-21-12 and WT-21-15, along with assay results from drill holes WT-21-05, WT-21-07, WT-21-8, WT-21-09 and WT-21-10 have been received and are reported in this announcement. In addition, two drill holes WT-21-13 and WT-21-14 were aborted following drilling difficulties. Assay results for WT-21-11, WT-12-12 and WT-21-15 are pending. Recent work by Larry Meinert, a world-renowned skarn expert, aided by the Company's technical team, has identified the southern geophysical anomaly at Oracle Ridge (now known as `The Talon' zone) as an area of potential upwelling of copper-rich mineralisation1. This observation enhances the prospectivity of this area in two ways: Proximity to a mineralisation hotspot suggests that more copper may be present in the sediments overlying the Leatherwood intrusive and at the Leatherwood-sediments contact; Pathways exploited by the copper-rich fluids could represent copper rich "feeder zones" that can be targeted by drilling. The very high-grade vein-breccia intersected in the previously reported drill hole WT-20-10 could represent one such feeder zone (1.5m at 11.5% Cu, 273 g/t Ag and 41 g/t Au). Depth extensions to the feeder zones could vector exploration towards potential deep-seated mineralisation. To date, drilling of The Talon zone has focused on the north-eastern side of the magnetic high anomaly. This has been due to limited access with the steep terrain. Following positive drilling results in this area, the company has established separate access roads and four initial drilling pads to enable expanded coverage of drilling of the magnetic high geophysical anomaly. Additional pads and roads are being constructed to enable further expansion of the target area. Selected assay results from previously reported drill holes at The Talon include: 12.7m at 3.96% Cu, 49.1g/t Ag and 1.4g/t Au from 363.1m (WT-21-06), including; 34.4% Cu, 367g/t Ag and 26.2g/t Au over 0.4m; 13.3m at 2.43% Cu, 52.6g/t Ag and 0.94g/t Au from 348.7m (WT-20-10) including 1.5m at 11.55% Cu, 273 g/t Ag and 5.41 g/t Au from 348.7 m (WT-20-10); 1.3m at 9.14% Cu, 52.5g/t Ag and 0.69g/t Au from 275.2m (WT-20-11); 39m at 1.17% Cu, 10.26g/t Ag and 0.23g/t Au from 210.0m (WT-20-06) including: 2.95m at 6.67% Cu, 63.5g/t Ag and 0.87g/t Au. The drill rig worked on the eastern side of Marble Mountain until the end of April with drill holes WT-21- 11 and WT-21-12 completed. The latter drill hole tested the Leatherwood intrusive contact approximately 50 metres to the south of WT-20-10 (13.3m at 2.43%, 52.96/t Ag and 0.94g/t Au from 348.7m). A 30 metre zone of moderate to intense skarn alteration was encountered straddling the Leatherwood- sediments contact with strong copper mineralisation observed over approximately 6 metres. The core has been sent to the laboratory and assay results are pending. This 30 metre alteration zone in WT-21-12 is one of the thickest encountered at Oracle Ridge in Eagle Mountain's drilling and bodes well for potential extensions to this zone to the west, south and east. Drill hole WT-21-15 targeted the western extent of The Talon and was recently completed. Preliminary observations identified two mineralised zones: an upper zone with visible bornite and chalcopyrite (rich copper sulphide minerals3) over 8 metres and a lower zone with bornite and chalcocite (copper sulphides) over 12 metres. The presence of two broad intervals with copper sulphides is highly encouraging suggesting that stacked lodes may be present in this area. The core has been logged and sent to the laboratory for assay. WT-21-07 WT-21-07 was drilled to close-off mineralisation constrained by a prominent geophysical anomaly in the southern part of the mine area. Two zones of thin, yet good grade mineralisation were encountered away from the Leatherwood contact 0.4m at 1.27% Cu, 3.85g/t Ag and 0.01g/t Au and 0.9m at 2.02% Cu, 16.35g/t Ag and 0.65g/t Au. These results are very encouraging in that mineralisation is still present approximately 100 metres to the north east of drill hole WT-21-06 (12.7m at 3.96% Cu, 49.11g/t Ag and 1.38g/t Au)4 despite being on the edge of the magnetic geophysical anomaly. Infill drilling between WT-21-06 and WT-21-07 is being planned from the recently completed drill pads (10-4 and 10-5). The new drill collar location will allow testing of this area with a steeper and more efficient drilling angle. WT-21-08 and WT-21-09 These holes were drilled to test the northern extensions to the mineralised areas identified in recent holes (such as WT-20-05, WT-20-06, WT-20-10 and WT-21-06) and to verify historical results. WT-21-08 yielded an intersection of 0.7m at 2.15% Cu, 22.60g/t Ag and 0.39g/t Au (Figure 2). WT-21-09 successfully confirmed and improved on historical results in drill hole C-128 with four separate intercepts above a cut-off grade of 1% Cu (Figure 2). The two best intercepts were 2.85% Cu, 127g/t Au and 4.84g/t Au over 2.1m from 288.0m within the Leatherwood intrusive and 3.71% Cu, 25.26g/t Ag and 0.47g/t Au over 3.3m from 198.7m within skarns sediments. WT-21-05 WT-21-05 was drilled at the northern end of the mine area. The hole targeted the extension to mineralisation in WT-21-04 (14m at 2.1% Cu, 22.62g/t Ag and 0.05g/t Au)5. The drill hole encountered a fault zone which return assays below the cut-off limit of 0.6% Cu. The area around WT-21-05 remains prospective away from the fault as evidenced by holes WT-21-04 and WT-21-03, the latter returning 12m at 3.47% Cu, 50.22g/t Ag and 0.02g/t Au from 73.7m6. Follow up drilling is planned to occur in the coming months when additional rigs are mobilised to site. WT-21-10 WT-21-10 was drilled in the central part of the mine area testing the western extension of mineralisation in underground drill hole OUH-059 at the Leatherwood intrusive contact. The hole intersected a wide skarn zone which included 22 metres of chalcopyrite mineralisation, however assays indicated that the average grade was below the cut-off grade of 0.6% Cu. WT-21-13 and WT-21-14 WT-21-13 was drilled from Pad 10-3, a new drill site with access from the western side of Marble Peak. This hole targeted the western extension of the mineralised zone in WT-21-12. WT-21-13 ran into drilling difficulties, possibly associated with a previously unrecognised structural zone, and was abandoned at a shallow depth. A subsequent hole WT-21-14 was drilled to target the same area, however it too encountered the same difficulty and was abandoned. Further drill holes testing extensions to the mineralisation in WT-21-12 are being planned from drill pads 10-4 and 10-5.

Percentage CEO-salaris	n/a
Dienstverband CEO	no data
Eigendom CEO	n/a
Management gemiddelde ambtstermijn	geen gegevens
Gemiddelde ambtstermijn bestuur	5yrs

Naam	Positie	Tenure	Compensatie	Eigendom
Fabio Vergara	Executive Director	1.3yrs	AU$350.27k	0.18% A$ 19.5k
Rick Crabb	Independent Non-Executive Chairman	8.7yrs	AU$20.83k	17.06% A$ 1.8m
Roger Port	Independent Non-Executive Director	8.7yrs	AU$20.83k	2.89% A$ 311.1k
Michael Fennell	Non-Executive Director	1.2yrs	AU$40.45k	geen gegevens

Gegevens	Laatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse	2026/05/21 21:36
Aandelenkoers aan het einde van de dag	2026/05/21 00:00
Inkomsten	2025/12/31
Jaarlijkse inkomsten	2025/06/30

Pakket	Gegevens	Tijdframe	Voorbeeld Amerikaanse bron ^*
Financiële gegevens bedrijf	10 jaar	Resultatenrekening Kasstroomoverzicht Balans	SEC-formulier 10-K SEC-formulier 10-Q
Consensus schattingen analisten	+3 jaar	Financiële prognoses Koersdoelen analisten	Onderzoeksrapporten van analisten Blue Matrix
Marktprijzen	30 jaar	Aandelenprijzen Dividenden, splitsingen en acties	ICE Marktgegevens SEC-formulier S-1
Eigendom	10 jaar	Top aandeelhouders Handel met voorkennis	SEC-formulier 4 SEC-formulier 13D
Beheer	10 jaar	Leiderschapsteam Raad van bestuur	SEC-formulier 10-K SEC-formulier DEF 14A
Belangrijkste ontwikkelingen	10 jaar	Bedrijfsaankondigingen	SEC-formulier 8-K

Eagle Mountain Mining Beheer

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Belangrijke informatie

Recente managementupdates

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