EMX Royalty Corp

NYSE American:EMXUnited StatesView on Canadian Exchange

Nov 1, 2024

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• EMX Options its Queensland Gold Projects to Mila Resources, from 7:32AM ET on Friday Nov 01, 2024 by Newsfile

  7:32AM ET on Friday Nov 01, 2024 by Newsfile
  Companies Mentioned: EMX

  Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to announce the execution of an exploration and option agreement for its Yarrol, Mt Steadman and Queensland Gold projects to Mila Resources PLC ("Mila", LSE:MILA). Mila is a well-capitalized London Stock Exchange listed company seeking to broaden its exploration portfolio in Australia. The agreement provides EMX with a cash payment, warrants and work commitments during a one-year option period, and upon exercise of the option, EMX will receive additional cash payments, equity in Mila, advance royalty payments, milestone payments and a 2.5% NSR royalty.

• EMX Options its Queensland Gold Projects to Mila Resources, from 7:32AM ET on Friday Nov 01, 2024 by Dow Jones

  7:32AM ET on Friday Nov 01, 2024 by Dow Jones
  Companies Mentioned: EMX, EMX
  
  Comments on Historical Mineral Resources. The historical mineral resources at Yarrol and Mt Steadman were reported in 2010 by MGT Mining Ltd, which was a publicly traded Australian company (ASX: MGT) at the time of publication. Discussions of the projects and historic resources can be found at: https://www.nsx.com.au/ftp/news/021723444.PDF. EMX has not done sufficient work to verify the historical resources and is not considering these resources to be current or compliant with NI43-101 standards. Additional drilling and sampling would be required to confirm the resources, but EMX considers the published historical estimates to be relevant and reliable.