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EMX Royalty Corp.
Summary
| Project: | Malmyzh | |
|---|---|---|
| Deposit: | Malmyzh | |
| Location: | Russia | |
| Commodities: | Copper-Gold | |
| Date: | 3/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-3-2018: EMX Royalty Corp. announces an Exploration/Drilling Update report for its Malmyzh deposit at the Malmyzh project. Drilling results incl. 245.6m @ 0.41% Cu, 0.38g/t Au from 289m. EMX Royalty Corporation (TSXV: EMX) (NYSE American: EMX) (the "Comp | |
| Resources: | (Resource, Inf.): 1.661Mt @ 0.34% Cu, 0.17g/t Au | |
| CP/QP: | [Overall Report]: Dean Turner (Internal) | |
| ABSTRACT: | EMX Royalty Corporation (TSXV: EMX) (NYSE American: EMX) (the "Company" or "EMX") is pleased to announce that IG Copper LLC ("IGC") has advised that the winter drill campaign is underway at the Malmyzh copper-gold porphyry project. The first two holes were drilled to acquire material for metallurgical test work from the Valley and Freedom Southeast resource deposits. The drill results include a near-surface intercept at Valley of 261.2 meters (38.8-300.0 m) averaging 0.57% copper equivalent (0.47% copper and 0.19 g/t gold), including a higher grade sub-interval of 64.0 meters (128.0-192.0 m) averaging 0.81% copper equivalent (0.66% copper and 0.31 g/t gold) from hole AMM-217. At Freedom Southeast, hole AMM-218 returned an intercept of 245.6 meters (289.0-534.6 m) averaging 0.60% copper equivalent (0.41% copper and 0.38 g/t gold), with a higher grade sub-interval of 86.0 meters (389.0- 475.0 m) averaging 0.96% copper equivalent (0.62% copper and 0.69 g/t gold). The campaign is now focused on drill delineation of the breccia pipe hosted copper-gold mineralization at the Freedom Northwest prospect, which is not included in the current Malmyzh resource estimate. Please see the attached map and www.emxroyalty.com for more information. As an important step forward for the Malmyzh project, IGC advises that Scotiabank Europe plc, the U.K. subsidiary of The Bank of Nova Scotia, has been retained to assist with IGC's strategic business initiatives. Scotiabank is a leading financial institution in international banking and markets, with widely recognized expertise in advisory services for the natural resources and mining sectors. EMX is pleased with IGC's engagement of Scotiabank to help realize the full potential of Malmyzh. | |
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