Eurasian Minerals Options the Hardshell Skarn Project in Arizona for a Royalty Interest

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 24, 2015) - (TSX VENTURE:EMX)(NYSE MKT:EMXX) -- Eurasian Minerals Inc. (the "Company" or "EMX") is pleased to announce the signing of an Exploration and Option Agreement (the "Agreement"), through its wholly owned subsidiary Bronco Creek Exploration, Inc. ("BCE"), for the Hardshell Skarn project (the "Project") with Arizona Minerals Inc. ("AZ Minerals"), a subsidiary of Arizona Mining Inc. The Project is located approximately 75 kilometers southeast of Tucson, Arizona within the Patagonia Mountains and adjacent to AZ Minerals' advancing Hermosa project. Please see www.eurasianminerals.com for more information.

Commercial Terms Overview. Pursuant to the Agreement, AZ Minerals can earn a 100% interest in the Project by making cash payments totaling $85,000 (all amounts are USD). Upon exercise of the option EMX will retain a 2% NSR royalty on the Project and receive annual advanced royalty ("AAR") payments of $5,000 commencing on the first anniversary of the exercise of the option. The EMX royalty is not capped and not subject to buy-down.

Property Overview. The Hardshell Skarn project is comprised of 16 unpatented federal lode mining claims totaling approximately 279 acres. The Project lies between the Sunnyside porphyry copper system (Regal Resources Inc.) to the west, the Hermosa project (AZ Minerals) to the east, and the historic Trench mine to the north. EMX has targeted base and precious metals mineralization hosted in skarn and replacement bodies within a series of Paleozoic limestones. These carbonate rocks, as well as skarn mineralization, were intersected by Asarco in deep historic drilling (depths from 1,256-1,491 m) adjacent to the Sunnyside porphyry center and to the northwest of the Project boundary. From west to east, the target rocks step to shallower levels across the EMX land position by a series of north trending faults and are less than 100 meters below the surface immediately east of the Project. It is anticipated that AZ Minerals will incorporate the Hardshell Skarn property into their ongoing Hermosa project exploration programs.