Revelo Resources Corp

In March 2020 EMX purchased a suite of net smelter returns (“NSR”) royalty interests covering 18 properties in Chile from Revelo Resources Corp. (see Company news release dated March 20, 2020). 


The 18 properties in EMX’s Royalty Portfolio consist of porphyry copper, IOCG (iron oxide copper-gold)/manto, and epithermal gold-silver projects. The properties occur in northern Chile’s highly productive Coastal (i.e., Amancaya and Manto Verde), Paleocene (i.e., El Penon and Spence) and Domeyko (i.e., Escondida, Chuquicamata, and El Albra) metallogenic belts. The prospective geology and diversity of metals covered by the Royalty Portfolio provide EMX with significant discovery and commodity optionality. Nine properties are controlled by third parties and nine properties are controlled by Revelo, as listed in the table below (NSR royalty interest applies to all metals, except as noted):

 

Project Name

Hectares

(approx)

Principal

Commodities

NSR Royalty

Interest

Project Owner
San Guillermo 12,000 Au-Ag 0.5% Austral Gold Ltd
Reprado 2,700 Au-Ag

1.0%

Austral Gold Ltd
Limbo 5,600 Au-Ag 1.0% Austral Gold Ltd
Magallanes 1,000 Au-Ag 1.0% Austral Gold Ltd
Victoria Norte 38,400 Au-Ag / Cu-Mo 2.0% Hochschild Mining PLC

Kolla Kananchiari

3,900 Au-Cu-Ag 1.0%/0.5% * Masglas America Corp
San Valentino 1,100 Cu-Au-Mo 1.0% Atacama Copper Exploration
T4 1,900 Cu-Au 1.5% Atacama Copper Exploration
Las Animas 3,900 Cu-Au 1.5% Atacama Copper Exploration
Victoria Sur 6,600 Au-Ag-Cu 1.0% Revelo Resources
Arrieros 14,000 Cu-Mo-Au 1.0% Revelo Resources
Redondo-Veronica 5,000 Cu-Mo 1.0% Revelo Resources
Block-2 3,300 Cu-Mo 1.0% Revelo Resources
Block-3 10,000 Cu-Mo 1.0% Revelo Resources
Block-4 4,200 Cu-Mo 1.0% Revelo Resources
Cerro Blanco 6,500 Cu-Mo-Au 1.0% Revelo Resources
Cerro Buenos Aires 7,700 Cu-Mo-Au-Ag 1.0% Revelo Resources
Morros Blancos 7,900 Cu-Au-Mo 1.0% Revelo Resources
* 1% NSR precious metals, 0.5% NSR base metals

 

The purchase of the Royalty Portfolio from Revelo is an example of EMX’s successful execution of its royalty acquisition business strategy, which complements the Company’s royalty generation and strategic investment initiatives. 
 

Maps

Location of EMX Click to Enlarge

Photos