Exploration

EMX's La Mine project is located in Northwest Haiti. The property is covered by a 57 square kilometer research permit, and is located along a segment of prospective geologic terrain similar to, and on trend with, the world-class Pueblo Viejo gold-silver, copper and zinc deposit in the neighboring Dominican Republic. Exploration work has confirmed the presence of gold, silver and base metal mineralization at La Mine in three separate areas: the La Cour, Planton and Colombo prospects.

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The La Cour and Colombo prospects are considered to be part of a large mineralized system that has exploration potential for stratiform polymetallic, auriferous massive sulfide, barite-gold-silver mineralization and porphyry copper-gold mineralization.

La Cour Gold Prospect: The La Cour prospect (also known as the La Mine prospect) is located in the northernmost area of the La Mine license. Within the La Mine prospect sub-area, the UNDP (1980) identified all three styles of mineralization:

• A zone of steeply dipping massive barite with sulfides and trench sampling results over 17 meters averaging 7.6 g/t gold, using a 1.0 g/t cutoff.
  
  
• A massive sulfide type of mineralization, including a boulder assaying 8.4% copper, 1.2% zinc, 4.8 g/t gold, and 64.9 g/t silver. The source of the boulder has yet to be identified.
  
  
• The third style of mineralization consists of an extensive stockwork vein zone that was reported to be 3 kilometers long (north-south) and approximately 100 to 200 meters wide. The stockwork mineralization was reported to contain 5 to 30% sulfides composed of pyrite-chalcopyrite and sphalerite.

EMX reconnaissance mapping and geochemical sampling has identified anomalous levels of gold, silver, copper, lead, and zinc mineralization along a 3 kilometer long trend, with widths ranging from 3 to 40 meters in true thickness over 500 meters of vertical extent. A total of 123 samples have been collected, with 11 samples assaying greater than 1.0 g/t gold (maximum of 8.35 g/t gold). Mineralization occurs as gossans, and semi-massive and massive sulfide bodies. Trench sampling has yielded 9.0 meters at 5.2 g/t gold, 46 g/t silver, and 0.15% copper. Of the rock-chip samples collected, 20 assayed greater than 0.25 g/t gold, with associated copper, lead and zinc assays up to 8.77%, 1.57% and 12.8%. These results highlight the exploration potential for discovery of a significant gold, silver, and base metals mineralized system.

Colombo Gold Prospect: At the Colombo prospect, the UNDP reported intrusive hosted stockwork zones, with up to 7.5 g/t gold reported from rock chip samples. The UN work also identified a 700 meter long by 250 meter wide copper soil geochemical anomaly. EMX rock sampling has delineated gold-silver-copper mineralization hosted within a 500 meter diameter dacite stock, largely coincident with the UN soil anomaly. EMX collected and analyzed 77 rock samples, with four samples that assayed between 1.0 and 2.8 g/t gold. Twenty additional samples assayed more than 0.25 g/t gold.

Platon Gold Prospect: Gold mineralization accompanied by strong silicification has been discovered within a roughly 100 meter wide fault zone that has been traced for more than one kilometer along strike. Fourteen EMX samples have been collected, including a five meter wide rock-chip sample that assayed 6.2 g/t gold, 22 g/t silver and 0.12% copper. Six additional samples assayed greater than 0.25 g/t gold. Platon is a new epithermal gold discovery and will be evaluated further in the coming months.