EMX Royalty Corp.: Development Construction Commences on EMX s Balya Royalty Property
Vancouver, British Columbia (Newsfile Corp. - February 11, 2021) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (the Company or EMX ) is pleased to announce the commencement of development construction on its Balya lead-zinc-silver royalty property in western Turkey. Operating partner Esan Eczacibasi Endüstriyel Hammaddeler San. ve Tic. A.S. ( Esan ) has informed EMX that it has commenced construction of a 4,900 meter decline and expects commercial production from the property to begin as early as Q4, 2021. These developments represent a key milestone for EMX, as Balya is an organically generated royalty property. EMX originally acquired the mineral rights to the Balya project via its exploration programs in Turkey, and then subsequently sold the project to a partner company for further advancement and development with EMX retaining a royalty interest.