SLF is located 35 km south of the town of Red Lake, mining friendly jurisdiction. It is highway & logging road accessible and has access to full range of services and supplies for exploration and mining from the Municipality of Red Lake.
The property is located in the Red Lake Mining District, where >30M oz of gold has been produced** since the mid-1930’s. There is a strong gold anomaly on the property from soil geochemistry and lake sediment sampling. A major EW fault structure, Sydney Lake Fault, similar to that hosting gold mineralization on Kinross’ Dixie Project*, cuts through the property. A NI 43-101 compliant Technical Report was completed on SLF in 2019.
The property is underlain primarily by metasediments of English River Subprovince intruded by pegmatite dikes.
From 2010 – 2011, high resolution, airborne magnetic and VLF – EM Survey was done over the property. Additionally, comprehensive soil and lake sediment sampling as well as property-wide mapping was complete. MMI sampling refined targets for drilling.
In 2019 and 2021, IP geophysics was complete across SLF. MMI sampling of 22 samples resulted with gold response ratios >10. Diamond drillhole with one anomalous sample occurring at margin of magnetic high.
SLF is 100% owned by EMX with 100% project equity available.
*Note: The nearby mines and deposits in the region provide context for EMX’s royalty asset, which occurs in a similar geologic setting, but this is not necessarily indicative that the project hosts similar mineralization.
*NOTE: The nearby mines provide geologic context for EMX’s Project, but this is not necessarily indicative that the Project hosts similar tonnages or grades of mineralization
**NOTE: EMX has not performed sufficient work to verify the published assay data referenced above, and these data cannot be verified as being compliant with NI43-101 standards. These historically reported data should not be relied upon until they can be confirmed, but EMX believes this information is considered reliable and relevant.