Eurasian Minerals Provides an Update on the Leeville Royalty Property, Northern Carlin Trend, Nevada

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 25, 2017) - Eurasian Minerals Inc. (the "Company" or "EMX") (TSX VENTURE:EMX)(NYSE MKT:EMX) is pleased to provide an update on the Company's Leeville royalty property that covers portions of Newmont Mining Corporation's ("Newmont") underground mining operations in the Northern Carlin Trend. EMX has noted an increase in Leeville royalty revenue and equity gold ounces starting in mid-2016. In addition to royalty income from gold production, the Leeville property also provides the Company with upside exposure to Newmont's ongoing exploration advancements at the Rita K and Full House gold deposits. Newmont expects initial resources for Rita K in 2018, and has already outlined resources at Full House¹. EMX congratulates Newmont on its ongoing successes, and looks forward to further growth and development resulting from their efforts on the Company's Leeville royalty property. Please see www.eurasianminerals.com for more information.

Leeville Royalty Property. 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). The Leeville royalty property includes much of the Leeville mine and Four Corners deposit, and lesser proportions of the Turf and Carlin East mines. Since acquiring the Leeville royalty, EMX has received approximately US $9 million in gross royalty revenue from more than 6,560 equity ounces of gold production (current as of September 30, 2016).

Newmont achieved a major milestone in late 2015 with the completion and commissioning of the Turf Vent Shaft project, which totaled approximately $330 million in capital expenditures. Newmont has previously stated that the project will provide the ventilation required to "increase production", "unlock" additional resources, and impact "greater Leeville" (see Newmont's 2014-2015 10-Q filings), which includes portions of EMX's royalty property. In mid-2016, Leeville royalty revenue and gold ounces started to noticeably increase, and in the most recent quarter reported (i.e., Q3, 2016), EMX received approximately US $572 thousand in gross revenue from over 430 equity gold ounces, which represents a year-on-year increase from Q3, 2015 of ~100% in revenue, as well as ~70% more gold ounces.