Vancouver, British Columbia, December 5, 2008 (TSX Venture: EMX) – Eurasian Minerals Inc. (the “Company” or “EMX”) is pleased to report on recent drill results for the Balya royalty property in Turkey. The owner and operator of Balya, Dedeman Madencilik San ve Tic. A.S. (“Dedeman”), has reported results from their on-going drill program that include 11 meters averaging 7.45% lead, 5.48% zinc, and 79.56 g/t silver.
The Balya royalty property occurs in the historic Balya lead-zinc-silver mining district in northwestern Turkey. EMX retains a 4% net smelter royalty on the Balya property (see Company news release dated November 14, 2006). Dedeman continues to drill delineate silver-lead-zinc mineralization hosted in the 270 by 370 meter Hastanetepe zone. Sixty core holes totaling 12,573.5 meters have now been drilled by Dedeman at Balya. The 31 new holes from the latest round of drilling all intersected significant mineralization. Select holes are summarized below (seewww.eurasianminerals.com