EMX’s Bastuträsk and closely associated Rojnoret property is located in the highly productive and prospective Skellefte mineral belt in northern Sweden. The project contains a “window” of the same host rocks located along the southern flank of the main Skellefteå trend. These host rocks are folded around a syn-mineralization intrusion.
Locally dense drilling intercepted Zn-Cu-Au-rich massive sulfides with limited follow up to intercepts. Numerous base metal bearing (sphalerite) boulders have also been observed on the property.
There are two styles of mineralization visible on the property: massive exhalative mineralization (Zn+Pb+Ag) and footwall hosted Cu-Au mineralization. Bastuträsk is a brownfield, drill ready project with untested projections of mineralization at depth. Additionally, there are known areas of footwall Cu-Au mineralization with yet-to-be discovered exhalative mineralization.
Historic drill data quoted above are from the Swedish Geological Survey (SGU) archives (SGU report mink_5685.pdf) and Boliden Exploration Report, 2004. EMX has not performed sufficient work to verify the published data reported above, but EMX believes this information is considered reliable and relevant. True thicknesses are unknown. Data made available through SGU.
Note: The nearby mines and deposits mentioned above 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