Eagle Mountain Mining update on Silver Mountain Project

Eagle Mountain Mining Limited (ASX: $EM2) has announced the commencement of large-scale mineral deposit exploration at its 100% owned Silver Mountain Project in Arizona, USA. The company has engaged Fleet Space Technologies to conduct a passive Ambient Noise Tomography (ANT) seismic geophysical survey across the western portion of Silver Mountain, aiming to target high-grade mineralisation and potential mineralising source.

CEO's perspective on the exploration works

Our recent discoveries at Silver Mountain are highly encouraging, indicating significant potential for a large mineralised system and we are pushing ahead with further exploration works. Field mapping, sampling and limited drilling across the extensive 6 kilometre north-south zone in western Silver Mountain has revealed favourable structural features typical of large porphyry systems. Additionally, the discovery of uranium/thorium-rich dykes strengthens the possibility of a substantial mineral deposit distal to known surface mineralisation in veins and dykes. We're pleased to announce a collaboration with Fleet Space Technologies for a passive seismic geophysical survey at Silver Mountain. Their proven technology, with over 250 successful surveys for numerous companies, will be instrumental in enhancing our understanding of the project's geology. Silver Mountain boasts multiple areas of outcropping high-grade mineralisation, but the source remains unclear. The survey is designed to model up to two kilometres in depth, well below the paleosol and tertiary volcanic cover. The resulting 3D seismic model along with previous geophysical surveys and structural interpretation should present an exciting opportunity to delineate targets for future drilling programs.

Exploration outlook and future prospects

The commencement of the 3D seismic survey marks a significant step in Eagle Mountain Mining's exploration efforts at the Silver Mountain Project. The company's collaboration with Fleet Space Technologies underscores its commitment to leveraging advanced technology for comprehensive geological understanding. The identified geological features and structural similarities to other major porphyry systems in the region highlight the substantial potential for a large mineralised system at depth. The ANT survey aims to generate a 3D seismic model of these large scale prospective geological features for future drill targeting. With the survey results expected in June, Eagle Mountain Mining is poised to gain valuable insights that will inform its future drilling programs and unlock the full exploration potential of the Silver Mountain Project.