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Stock Market & Financial Investment News

News Breaks
July 17, 2014
07:15 EDTEMXXEurasian Minerals reports Fula Tepe oxide gold-silver zone expansion at Akarca
Eurasian Minerals announced exploration drilling and trenching results that have expanded the Fula Tepe zone at the Akarca gold-silver project in northwest Turkey. The Akarca exploration work is funded and managed by Colakoglu Ticari Yatirim A.S., a privately owned Turkish company that signed an option agreement in June 2013 to acquire the property from EMX for a combination of cash payments, gold bullion, work commitments, and a retained royalty interest to EMX's benefit . Colakoglu's recent Fula Tepe drill results include high-grade oxide intercepts of 1.0 meter assaying 155.50 g/t gold with 1060 g/t silver, and 1.1 meters assaying 112.50 g/t gold with 397 g/t silver. The Fula Tepe zone remains open for further expansion in all directions. New surface trench results indicate the zone may extend 100 meters further to the northeast. Colakoglu is now conducting follow-up drilling at the Kucukhugla, Sarikaya, and Percem Tepe prospects.
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September 23, 2014
07:10 EDTEMXXEurasian Minerals provides exploration, royalty, strategic investment update
Eurasian Minerals provided an update on the company's recent exploration, royalty, and strategic investment developments. EMX's diversified mineral property interests span five continents, and include the Leeville royalty in Nevada's Northern Carlin Trend, the Akarca gold-silver discovery, and an interest in IG Copper and its emerging copper-gold discovery at Malmyzh. EMX is aggressively pursuing royalty and exploration business opportunities from around the world to add to its growing portfolio. A principal EMX asset is the Leeville royalty property that covers portions of Newmont's Carlin Trend underground mining operations. This 1% gross smelter return royalty has included payments from Newmont's Leeville mine, as well as the gold mining operations at Carlin East, North Lantern, Four Corners and Turf. The Turf No. 3 Vent Shaft Project is in the construction phase, with commercial production planned for late 2015. Newmont stated the project will provide the ventilation required to "increase production" and "unlock" additional resources. Newmont estimates capital expenditures of $400M for the project. The Turf Vent Shaft Project will impact "greater Leeville", which includes portions of EMX's royalty position. EMX has received Leeville net royalty income of approximately $5.7M since acquiring the asset in August, 2012. The company's wholly-owned subsidiary in North America, Bronco Creek Exploration, or BCE, has been advancing its copper and gold portfolio through partner-funded work programs in Arizona and Nevada. In addition to these programs, the company's generative exploration initiatives resulted in staking additional ground in key mining districts. EMX's Superior West project is another Arizona porphyry copper property available for partnership. The project is located west of the historic mining town of Superior, Arizona, and adjacent to the Resolution Copper property. Superior West covers several porphyry copper targets, as well as the projected western extension of the historic Magma Vein as indicated by structural geologic reconstructions and geophysical anomalies. The company is in discussions with several potential partners interested in the property.

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