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EMX Royalty Corp.

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Summary

Project:

Akarca

Deposit:Akarca
Location:Turkey
Commodities:Gold-Silver
Date:4/17/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:17-4-2018: EMX Royalty Corp. announces an Exploration/Drilling Update report for its Akarca deposit at the Akarca project. JV - Drilling results incl. 9.5m @ 50.3g/t Au, 29.2g/t Ag from 14.8m. Vancouver, British Columbia, April 17, 2018 (TSX Venture: EMX;
Resources:x
CP/QP:[Overall Report]: Eric Jensen (Internal)
ABSTRACT:Vancouver, British Columbia, April 17, 2018 (TSX Venture: EMX; NYSE American: EMX) – EMX Royalty Corp. (the "Company" or “EMX”) is pleased to announce the receipt of drill data for the 2017 and ongoing exploration programs at the Akarca royalty property in western Turkey (the “Property”). Çiftay İnşaat Taahhüt ve Ticaret A.Ş. ("Çiftay"), the owner and operator of the Akarca project, has informed EMX that it completed 7,844 meters of diamond drilling across five target areas, resulting in a significant increase in the footprints of drill defined gold and silver mineralization on the Property. Çiftay reported multiple high grade intercepts, including 9.5 meters averaging 50.30 g/t gold and 29.2 g/t silver with a sub-interval of 1.8 meters averaging 256.25 g/t gold and 133.0 g/t silver in hole AKC-317 (true width ~85-95%), drilled in the Arap Tepe “Zone C” area, as well as 69.3 meters averaging 3.68 g/t gold and 4.8 g/t silver in hole AKC-264 (true width ~75-85%), drilled in the Hugla Tepe area (see Figure 1 for drilling location map). The program also included 24 new holes in the Percem Tepe target area, 23 of which contained significant intercepts of gold mineralization (see Table 1 for select drill intercepts). Çiftay continues to advance the Akarca project toward the deposit delineation and development stage, with ongoing drilling and trenching, as well as additional metallurgical studies, planned for 2018. EMX also received a cash payment of US $665,525 in February 2018, the cash equivalent of 500 ounces of gold. The payment was the third in a schedule of pre-production bullion-based payments to be made to EMX as part of the acquisition terms for the project. Thus far, EMX has received the cash equivalent of 1,500 ounces of gold, with 5,500 ounces of gold (or the cash equivalent) remaining to be paid. EMX also retains a scaled royalty interest on the project, in addition to other consideration. See EMX news release dated August 8, 2016 and www.EMXRoyalty.com for additional information.

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