EMX’s Kjøli project is located in the historic Røros mining district in southern Norway and consists of four mining areas in a consolidated land position. Portions of the Røros District saw production through the 1970’s. Mineralized rocks consists of cigar shaped deformed VMS bodies.
Mineralization is thought to be thickened along fold hinges and occurs in felsic volcanic rocks associated with metamorphosed seafloor sequences. Further studies indicate additional targets in sequences that have geology similar to the previously known mineralized horizons. The Kjøli 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 Kjøli.
Note: The nearby mines and deposits mentioned above 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.