Vancouver, British Columbia, February 17, 2011 (TSX Venture: EMX) – Eurasian Minerals Inc. (the “Company” or “EMX”) is pleased to announce the consolidation of over 2,200 square kilometers of mineral rights in the highly prospective and under-explored Koonenberry gold belt of New South Wales, Australia. The Koonenberry project consists of thirteen contiguous exploration licenses acquired either directly by EMX staking, or through agreements with other parties. Koonenberry’s potential to host a district-scale discovery is underscored by the substantial quantity of gold nuggets recovered across the area by local prospectors. These gold occurrences, and other prospective targets, are covered by EMX’s dominant land position along 100 kilometers of the Koonenberry belt’s strike length.
The Company has begun reconnaissance scale exploration programs across the property position. The initial results are strongly encouraging, and demonstrate the presence of gold in bedrock exposures within the project area. Please see attached map and