Cameron Lake West

The Cameron Lake West project is located 20 km east of the town of Sioux Narrows. It is accessible by a series of logging roads and from the southern shore of Caviar Lake.

Cameron Lake West is located 4 km north of First Mining’s Dogpaw Deposit (Indicated Mineral Resource of 247 kt @ average grade of 3.02 g/t Au) and surrounds the past producing Gold Panner Mine (70 oz produced from 100 t milled)¹’².

Historical work was conducted in between 1984 and 1987 by  various operators. Royal Oaks Exploration conducted aeromagnetic, geological and geochemical surveys, identifying several areas with elevated gold values. Since then, no comprehensive assessment of the area has been conducted, despite the proximity to First Mining’s Cameron Lake Project. No historical drillholes are recorded on the property.

Cameron Lake West is 100% owned by EMX with 100% project equity available.

EMX geologists conducted prospecting on the property during the 2023 field season with encouraging results. Mineralization is interpreted to be present as narrow, high-grade zones within larger low-grade halos. Mineralization is associated with silicified, carbonatized and sericitized alteration within the mafic volcanic host rocks. Felsic intrusions are common on the property, present as QFP dykes and a small stock in the north-central part of the property, the relationship of these intrusive rocks and mineralization is not well understood, the presence of similar rocks and alteration at the historical gold panner mine and Dogpaw Lake Deposit is encouraging.

¹NI 43-101 Technical Report for the Cameron Gold Camp Project, dated July 25, 2014, for Chalice Gold Mining Ltd.,. The mineral reserves and resources were reviewed and approved by Peter Ball BSc. AusIMM, CPG. The mineral reserves provide regional geologic context for EMX’s Project, but this is not necessarily indicative of the mineralization on the Project

²https://www.geologyontario.mndm.gov.on.ca/mndmfiles/mdi/data/records/MDI52F05SW00015.html

*Historic production values quoted above are from Ontario Department of Mines, from ARV42, 1933. EMX has not performed sufficient work to verify the published data reported above, but EMX believes this information is considered reliable and relevant.

**Note: The nearby mines and deposits in the region provide context for EMX’s Project, but this is not necessarily indicative that the Project hosts similar mineralization.

*EMX has not performed sufficient work to verify the published assay data reported above, and these data cannot be verified as being compliant with NI43-101 standards. These historically reported data should not be relied upon until they can be confirmed.

**EMX samples were collected in accordance with industry standard best practices. Samples are prepped for sampling before submittal to ALS in Thunder Bay where it is prepped for analysis. Accredited control samples (blanks and accredited standards) are inserted into the sample intervals regularly.  Samples are weighed, crushed (70% < 2mm), and riffle split into two fractions.  One is retained (coarse reject) and the other is pulverized to 85% < 75µm.  Pulps are analyzed by ultra-trace ICP-MS (ME-MS61) and gold by fire assay  Au-ICP21

Maps

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Photos