The Rotfjellet project is located in central Norway and contains a nickel-sulfide target that is completely untested.

The host rock consists of Paleozoic (485-419 Ma) serpentinized ultramafics within the Köli Nappe Complex, which is the same host rock as the serpentinite-hosted nickel deposit of Bluelake Mineral’s Rönnbäcken Project, which EMX beliebes to be analogous. Apart from age-dating, the Rotfjellet ultramafic intrusion has not seen any research and/or exploration for nickel potential.

The intrusion covers 4.1 km², which offers a larger strike length than the Rönnbäcken Project. Additional ultramafic target zones have been identified on the license property, based on geophysics.

Rönnbäcken serpentinite-nickel deposits:

• Total Measured + Indicated Resource¹:
600 Mt @ 0.10% Ni sulfide
• Total Inferred Resource¹:
20Mt @ 0.11% Ni sulfide

¹NOTE: Mineral Resource Estimate was calculated at a cut-off grade of 0.05% Ni-in-sulfide with metal prices of $10 USD/lb nickel. The mineral resource was published in Preliminary Economic Assessment Update for the Rönnbäcken Nickel Project, Sweden, effective date January 28, 2022. Qualified Person: Mike Armitage, CGeol, CEng, MIMMM. The resource provides geologic context for EMX’s Project, but this is not necessarily indicative of the mineralization on the Project.

Note: The nearby/analogous mines and deposits in the region provide context for EMX’s Project, which occurs in a similar geologic setting, but this is not necessarily indicative that the project hosts similar tonnages or grades of mineralization.


Geology of the Rotfjellet project Click to Enlarge
Geologic context of the nearby Rönnbäcken Nickel Project in Sweden Click to Enlarge