Eurasian Minerals Sells the Akarca Gold-Silver Property in Turkey for Cash, Gold Bullion Payments and a Royalty Interest

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 8, 2016) - Eurasian Minerals Inc. (TSX VENTURE:EMX)(NYSE MKT:EMXX) (the "Company" or "EMX") is pleased to announce the sale of AES Madencilik A.S., the wholly-owned EMX subsidiary that controls the Akarca gold-silver project (the "Property") in western Turkey, to Çiftay İnşaat Taahhüt ve Ticaret A.Ş. ("Çiftay"), a privately owned Turkish company. The Akarca Property is an EMX grassroots discovery highlighted by six separate gold-silver mineralized centers occurring within a district-scale area. See www.eurasianminerals.com for more information.

Commercial Terms. The terms of the sale provide payments to EMX as summarized below (all dollar amounts in USD and all gold payments can be as gold bullion or the cash equivalent):

• $2,000,000 cash payment to EMX upon closing of the sale (completed).
• 500 ounces of gold every six months commencing February 1, 2017 up to a cumulative total of 7,000 ounces of gold.
• 7,000 ounces of gold within 30 days after the commencement of commercial production from the Property provided that prior gold payments will be credited against this payment.
• 250 ounces of gold upon production of 100,000 ounces of gold from the Property.
• 250 ounces of gold upon production of an aggregate of 500,000 ounces of gold from the Property.
• A sliding-scale royalty in the amount of the following percentages of production returns after certain deductions ("Royalty") for ore mined from the Property:
• For gold production: 1.0% on the first 100,000 ounces of gold; 2.0% on the next 400,000 ounces of gold; 3.0% on all gold production in excess of 500,000 ounces produced from the Property.
• For all production other than gold production: 3.0%.
• The Royalty is uncapped and cannot be bought out or reduced.

In addition, Çiftay must conduct a drilling program of at least 3,000 meters on the Property during each 12-month period commencing on August 5, 2016 until commencement of commercial production.

Project Overview. Akarca is a low sulfidation, epithermal gold-silver district located in the Western Anatolia mineral belt. Exploration programs at Akarca, principally funded by partners, have included 251 core and reverse circulation holes totaling ~26,800 meters of drilling, environmental studies, geologic mapping, geochemical sampling, and geophysical surveys. This work has outlined six separate zones of drill delineated, near-surface oxide gold-silver mineralization hosted in quartz vein sets and silicified wall rocks that principally consist of conglomerates and sandstones. All of the known mineralized zones remain open along strike and to depth, and there is ample opportunity for additional discoveries on the Property.