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     279  0 Kommentare Eurasian Minerals Provides an Update on Newmont's Exploration Success From the Leeville Royalty Property, Northern Carlin Trend, Nevada

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 25, 2016) - Eurasian Minerals Inc. (the "Company" or "EMX") (TSX VENTURE:EMX)(NYSE MKT:EMXX) is pleased to congratulate Newmont Mining Corporation ("Newmont") on its exploration success from the Northern Carlin Trend that includes portions of the Company's Leeville royalty property. Newmont has delineated a prospective northwest-southeast trend of sediment-hosted gold mineralization that is over five kilometers in length, and extends from the Leeville underground mining complex to the Pete Bajo mine. Approximately 2.5 kilometers of this trend is covered by EMX's Leeville royalty property. In addition, Newmont recently achieved a major milestone with the completion and commissioning of the Turf Vent Shaft project. EMX commends Newmont on its outstanding achievements, and looks forward to further growth and development resulting from their efforts on the Northern Carlin Trend and the Company's Leeville royalty property.

    Leeville Royalty Property and Newmont's Exploration Success. EMX retains a 1% gross smelter return ("GSR") royalty on the Leeville property, which was acquired in August, 2012 (see EMX news release dated August 20, 2012). Since acquiring the Leeville royalty EMX has received approximately US $7.46 million in royalty revenue from more than 5,300 equity ounces of gold produced (current as of September 30, 2015 EMX third quarter financial reporting). The Leeville royalty property includes much of the Leeville mine and Four Corners deposit, lesser proportions of the Carlin East and Turf mines, and exposure to the upside potential resulting from Newmont's exploration successes at the Rita K and Full House gold deposits.

    As given in Newmont's Investor Day Presentation of December, 2015 (the "Newmont Presentation")(1) the Rita K deposit is outlined as a west-northwest trend of gold mineralization that extends from the area of the Leeville mine approximately 850 meters to the southeast. The mineralization is portrayed by Newmont as sub-horizontal zones hosted in folded and faulted Paleozoic sedimentary rocks that include the Roberts Mountains and Popovich Formations, which are classic ore hosts of the Carlin Trend. Newmont reported Rita K exploration drill intercepts that include 6.6 meters averaging 23.8 g/t gold and 61 meters averaging 6.7 g/t gold (true widths not reported). As schematically represented in the Newmont Presentation, the mineralized intercepts occur at depths of approximately 450-650 meters below the surface.

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    Eurasian Minerals Provides an Update on Newmont's Exploration Success From the Leeville Royalty Property, Northern Carlin Trend, Nevada VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 25, 2016) - Eurasian Minerals Inc. (the "Company" or "EMX") (TSX VENTURE:EMX)(NYSE MKT:EMXX) is pleased to congratulate Newmont Mining Corporation ("Newmont") on its exploration success from the …