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EMX Royalty Corp.
Summary
| Project: | Malmyzh | |
|---|---|---|
| Deposit: | Malmyzh | |
| Location: | Russia | |
| Commodities: | Copper-Gold | |
| Date: | 7/25/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-7-2017: EMX Royalty Corp. announces an Exploration/Drilling Update report for its Malmyzh deposit at the Malmyzh project. JV - Drilling results incl. 680.6m @ 0.40% Cu, 0.11g/t Au from 47.8m. Vancouver, British Columbia, July 25, 2017 (TSX Venture: EMX | |
| Resources: | (Resource, Inf.): 1.661Mt @ 0.34% Cu & 0.17g/t Au | |
| CP/QP: | [Overall Report]: Dean Turner (Not Stated) | |
| ABSTRACT: | Vancouver, British Columbia, July 25, 2017 (TSX Venture: EMX; NYSE American: EMX) – EMX Royalty Corporation (the “Company” or “EMX”) is pleased to announce 2017 drill results from the Malmyzh coppergold porphyry project's Freedom Northwest prospect. These results include an intercept of 417.3 meters (219.4- 636.7 m) averaging 0.60% copper equivalent (0.50% copper and 0.21 g/t gold), including a higher grade sub-interval of 142.6 meters (255.4-398.0 m) averaging 0.74% copper equivalent (0.62% copper and 0.26 g/t gold) from hole AMM-216. The mineralization is principally hosted in magmatic-hydrothermal breccias. The ongoing exploration program at Freedom Northwest represents the first deep drill testing at Malmyzh, as previous drilling has been concentrated on shallow mineralization throughout the district. Freedom Northwest is not included in the current Malmyzh resource estimate, which further emphasizes the project's exploration upside. IGC is planning further follow-up at Freedom Northwest based upon the encouraging results from this initial round of deep targeted drilling at Malmyzh. This drilling has clearly demonstrated the upside exploration potential within the district. The high resolution magnetics data has been an important exploration tool for delineating drill targets at Freedom Northwest. Consequently, IGC intends to utilize high resolution magnetics to explore for additional and higher grade mineralization at the other porphyry centers in the district. | |
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