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Yarrol and Mt Steadman Projects. EMX recently closed its acquisition of the Yarrol and Mt Steadman projects in the New England Orogenic Belt of northeastern Australia. This belt contains numerous gold mines and deposits, including the nearby Mt Rawdon IRGS gold mine operated by Evolution Mining Ltd.
Yarrol Project. The 17,500 hectare Yarrol project is located between EMX’s Queensland Gold project and Evolution Mining’s Mt Rawdon gold mine, and is positioned along the regional scale Yarrol Fault (see Figure 1b). Several other historical mines and active exploration projects also lie along the Yarrol Fault structural trend.
Yarrol was the site of historical mining activities from the 1800’s through the 1930’s, with gold production averaging ~10 g/t
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EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9)
(the “Company” or “EMX”) is pleased to announce the execution of an option agreement (the “Agreement”) for the Copper Warrior copper project (the “Project”) in Utah with Warrior Metals Inc. (“Warrior Metals”), a Utah corporation and wholly-owned subsidiary of American West Metals Limited, a privately held Australian corporation. The Agreement provides EMX with cash and share payments, as well as work commitments during Warrior Metals’ earn-in period. Upon earn-in, EMX will retain a 2% NSR royalty and receive increasing annual advance royalty payments.
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EMX Royalty Corp.: EMX Royalty Options the Copper Warrior Project in Utah to Warrior Metals Inc.
EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9)
(the Company or EMX ) is pleased to announce the execution of an option agreement (the Agreement ) for the Copper Warrior copper project (the Project ) in Utah with Warrior Metals Inc. ( Warrior Metals ), a Utah corporation and wholly-owned subsidiary of American West Metals Limited, a privately held Australian corporation. The Agreement provides EMX with cash and share payments, as well as work commitments during Warrior Metals earn-in period. Upon earn-in, EMX will retain a 2% NSR royalty and receive increasing annual advance royalty payments.
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