Chilean Portfolio

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). On February 4, 2021 Austral Gold Limited (“Austral”) (ASX: AGD; TSX-V: AGLD) acquired Revelo and its assets. 

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. All properties are controlled by third parties 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 Guillermo12,000Au-Ag0.5%Austral Gold Ltd
Reprado2,700Au-Ag

1.0%

Austral Gold Ltd
Limbo5,600Au-Ag1.0%Austral Gold Ltd
Magallanes1,000Au-Ag1.0%Austral Gold Ltd
Victoria Norte38,400Au-Ag / Cu-Mo2.0%Hochschild Mining PLC

Kolla Kananchiari

3,900Au-Cu-Ag1.0%/0.5% *Masglas America Corp
San Valentino1,100Cu-Au-Mo1.0%Atacama Copper Exploration
T41,900Cu-Au1.5%Atacama Copper Exploration
Las Animas3,900Cu-Au1.5%Atacama Copper Exploration
Victoria Sur6,600Au-Ag-Cu1.0%Austral Gold Ltd
Arrieros14,000Cu-Mo-Au1.0%Pampa Metals Corp
Redondo-Veronica5,000Cu-Mo1.0%Pampa Metals Corp
Block-23,300Cu-Mo1.0%Pampa Metals Corp
Block-310,000Cu-Mo1.0%Pampa Metals Corp
Block-44,200Cu-Mo1.0%Pampa Metals Corp
Cerro Blanco6,500Cu-Mo-Au1.0%Pampa Metals Corp
Cerro Buenos Aires7,700Cu-Mo-Au-Ag1.0%Pampa Metals Corp
Morros Blancos7,900Cu-Au-Mo1.0%Pampa Metals Corp
* 1% NSR precious metals, 0.5% NSR base metals

 

The purchase of the Royalty Portfolio 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. 
 

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