Carlin Trend Royalties

Overview

Eurasian holds a paying 1% gross smelter return royalty (the "Leeville royalty") over a portion of Newmont Mining Corporation's operations on the Northern Carlin Trend in Nevada, including the Leeville, Four Corners, Carlin East, Lantern, and Turf deposits. The Leeville royalty, which resulted from the acquisition of Bullion Monarch Mining in August, 2012, is a key Eurasian asset, with a history of multi-million dollar annual payments.

A significant ongoing development is Newmont's announcement of its Turf No. 3 Vent Shaft Project impacting "greater Leeville", which includes portions of EMX's Leeville royalty position. Newmont states that the project will provide the ventilation required to "increase production" and "unlock" additional resources. The $400 million capex project is expected to commence commercial production in late 2015 (see Newmont Mining Corp's 10-Q filing dated June 30, 2014).

EMX's Maggie Creek South 3% NSR royalty covers nearly two square miles in the Carlin Trend's Maggie Creek gold mining district. In addition, Eurasian recently the acquired the Maggie Creek 2% NSR royalty. Together, these two royalty properties cover ~4.8 square miles of prospective ground along mineralized structural trends within ~ 1 mile of Newmont's prolific Gold Quarry mine.

EMX views the Carlin Trend royalties as underpinning assets in a growing royalty portfolio. The Leeville royalty provides a significant revenue stream flowing directly to the Company's bottom line. The Company's Carlin Trend royalty properties hold exceptional exploration upside.

The Carlin Trend royalty properties are complemented by EMX's acquisition of the Afgan 1% NSR royalty property on the Battle Mountain-Eureka Trend.


Carlin Trend: Maggie Creek Royalties
Leeville Turf Turf vent shaft