EMX’s Revelo royalty portfolio in Chile resulted from EMX’s purchase of NSR royalty interests covering 16 properties from Revelo Resources (Revelo was subsequently acquired by Austral Gold Limited (ASX: AGD; TSX-V: AGLD)). The royalty properties consist of porphyry copper, IOCG/manto, and epithermal gold-silver projects and occur in northern Chile’s highly productive Coastal (i.e., Amancaya and Manto Verde deposits), Paleocene (e.g., El Penon and Spence deposits) and Domeyko (e.g., Escondida, Chuquicamata, and El Albra deposits) metallogenic belts.
The prospective geology covered by the Revelo royalty protfolio provides EMX with significant commodity and upside exploration optionality. The projects in the portfolio are at various early stages of exploration assessment and are summarized in the table below (NSR royalty interest applies to all metals, except as noted).
|San Guillermo||12,000||Au-Ag||0.5%||Austral Gold Ltd|
|Limbo||5,600||Au-Ag||1.0%||Austral Gold Ltd|
|Magallanes||1,000||Au-Ag||1.0%||Austral Gold Ltd|
|Victoria Norte||38,400||Au-Ag / Cu-Mo||2.0%||Hochschild Mining PLC|
|3,900||Au-Cu-Ag||1.0%/0.5% *||Masglas America Corp|
|San Valentino||1,100||Cu-Au-Mo||1.0%||Atacama Copper Exploration|
|T4||1,900||Cu-Au||1.5%||Atacama Copper Exploration|
|Las Animas||3,900||Cu-Au||1.5%||Atacama Copper Exploration|
|Victoria Sur||6,600||Au-Ag-Cu||1.0%||Austral Gold Ltd|
|Arrieros||14,000||Cu-Mo-Au||1.0%||Pampa Metals Corp|
|Redondo-Veronica||5,000||Cu-Mo||1.0%||Pampa Metals Corp|
|Block-3||10,000||Cu-Mo||1.0%||Pampa Metals Corp|
|Block-4||4,200||Cu-Mo||1.0%||Pampa Metals Corp|
|Cerro Blanco||6,500||Cu-Mo-Au||1.0%||Pampa Metals Corp|
|Cerro Buenos Aires||7,700||Cu-Mo-Au-Ag||1.0%||Pampa Metals Corp|
|Morros Blancos||7,900||Cu-Au-Mo||1.0%||Pampa Metals Corp|
|* 1% NSR precious metals, 0.5% NSR base metals|
Also see EMX news release dated March 20, 2020 for more information.
*References made to nearby mines and analogous deposits provide geologic context for the Revelo royalty properties. However, this is not necessarily indicative that the properties hosts similar grades or tonnages of mineralization.