EMX’s Espedalen project has similar geologic and chemical signatures to other important Ni-Cu-Co systems within the region. The Espedalen Project is hosted in troctolite and anorthosite and is related to a ~1.75-1.25 Ma intrusion with historic mining grades of 1.8 - 8.8% Ni. Espedalen is located in one of central Norway’s most prolific historic nickel mining districts with several historic Ni-Cu-Zn and Co mines and occurrences on and in close proximity to the land position. Several mineralized units have been identified within the license area. The Espedalen project is available for partnership.

EMX believes that application of modern and updated mineral deposit models and new exploration technologies will likely result in new discoveries at Espedalen.

Note: The nearby mines and deposits in the region provide context for EMX’s Project, which occurs in a similar geologic setting, 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 reported on this slide, 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. However, the mineralization as reported in various public documents available online and from the NGU (Norwegian Geological Survey) is considered reliable and relevant.


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