Vancouver, British Columbia, August 23, 2011 (TSX Venture: EMX) - Eurasian Minerals Inc. (the “Company” or “EMX”) is pleased to announce new drill results from the Akarca gold-silver project in northwestern Turkey. These results provide initial drill confirmation of the Percem Tepe zone, a recent EMX discovery, and include a broad oxide intercept of 102.2 meters averaging 0.57 g/t gold. In addition, the Kucukhugla Tepe zone was expanded and in-filled with drill intercepts that include 36.5 meters averaging 0.51 g/t gold and 45.76 g/t silver, with a higher grade subinterval of 2 meters averaging 1.99 g/t gold and 536.62 g/t silver. Three holes have also been completed at the Sarikaya prospect, with assay results pending.
Akarca’s district scale exploration potential is characterized by multiple prospects and recent discoveries of gold-silver mineralization over a combined area of more than twelve square kilometers. Near-surface, oxide gold-silver mineralization is hosted within broad structural corridors, occurring as high grade veins and as lower grade, bulk tonnage zones. The Akarca project is being explored as part of a joint venture (JV) with a wholly owned subsidiary of Centerra Gold Inc. Please see attached maps and