Overview

EMX has a global portfolio of producing royalties, advanced royalty projects and exploration-stage royalty properties providing upside optionality to immediate cash flow, near-term development of mines, and long-term exposure to discoveries. The portfolio consists of precious, base, and battery metals royalty and mineral property assets occurring on six continents.

In addition to royalty purchases, EMX has focused a significant portion of its expertise and capital toward organically generating royalties, unlike other royalty companies. We believe putting people on the ground identifying opportunities and partnering with both major and junior companies to advance these assets is where EMX can achieve the highest return for our shareholders. This unique approach towards the royalty business provides a foundation for supporting EMX’s growth and increasing value over the long term.

	Location	Property	Commodity Group	Commodity	Operator	Royalty/Payments
2	Argentina	Diablillos	Precious Metals	Silver-Gold	AbraSilver Resources	1% NSR
3	Argentina	M18/Aguas Perdidas	Precious Metals	Silver	AbraSilver Resources	1% NSR
3	Armenia	Urasar	Precious Metals	Gold-Copper	Hayasa Metals	0.625% NSR
3	Australia, New South Wales	Koonenberry	Precious Metals	Gold	KNB & Rockwell	3% NSR & AAR payments (NQM)
3	Australia, Queensland	Mt Steadman	Precious Metals	Gold	Mila Resources	2.5% NSR & other payments
3	Australia, Queensland	Queensland Gold	Precious Metals	Gold-Copper	Mila Resources	2.5% NSR & other payments
3	Australia, Queensland	Yarrol	Precious Metals	Gold	Mila Resources	2.5% NSR & other payments
3	Canada, British Columbia	E&L Nickel Mountain	Battery Metals	Nickel-Copper-PGE-Gold	Garibaldi Resources	1% NSR
3	Canada, British Columbia	Hunter 1-12	Precious Metals	Gold	Cassiar Gold	2.5% NSR
3	Canada, British Columbia	Pyramid	Precious Metals	Gold-Copper	Norra Metals	1% NSR
2	Canada, Manitoba	Tartan Lake	Precious Metals	Gold	Canadian Gold Corp	2% NSR
3	Canada, Ontario	Birch/Uchi multiple groups	Precious Metals	Gold	Angel Wing Metals	1.5% NSR
3	Canada, Ontario	Bruce Lake - Pakwash North	Precious Metals	Gold	Goldon	1.5% NSR & other payments
3	Canada, Ontario	Confederation Lake - Dixie Lake 17-18-19	Precious Metals	Gold	Renegade Gold	1.5% NSR & other payments
3	Canada, Ontario	Confederation South - Dixie Lake 2	Precious Metals	Gold	Renegade Gold	1.5% NSR & other payments
3	Canada, Ontario	Confederation South - Dixie Lake 3	Precious Metals	Gold	Renegade Gold	1.5% NSR & other payments
3	Canada, Ontario	Dash Lake	Precious Metals	Gold	Kubera Gold	1.5% NSR & other payments
3	Canada, Ontario	Dixie Halo	Precious Metals	Gold	BTU Metals	0.75% NSR & other payments
3	Canada, Ontario	Dixie Halo North	Precious Metals	Gold	Kinross Gold	0.75% NSR & other payments
3	Canada, Ontario	Ear Falls	Battery Metals	Lithium	Beyond Lithium	3% NSR and other payments
3	Canada, Ontario	Fairchild Lake	Precious Metals	Gold	Fairchild Gold	1.5% NSR & other payments
3	Canada, Ontario	Gerry Lake	Precious Metals	Gold	Renegade Gold	0.5% NSR & other payments
3	Canada, Ontario	Jean Lake	Precious Metals	Gold	Canada Nickel Company	2% NSR and other payments
3	Canada, Ontario	Kwai	Precious Metals	Gold	Golden Goliath	1.5% NSR & other payments
3	Canada, Ontario	Lang Lake	Precious Metals	Gold	Cross River Ventures	1.5% NSR & other payments
3	Canada, Ontario	Longlegged Lake	Precious Metals	Gold	Silver Dollar Resources	1.5% NSR & other payments
3	Canada, Ontario	Lucky 7	Precious Metals	Gold	Renegade Gold	1.5% NSR & other payments
3	Canada, Ontario	Manitou	Precious Metals	Gold	Dryden Gold	1.5% NSR & other payments
3	Canada, Ontario	McDonough	Precious Metals	Gold	Goldon	1.5% NSR & other payments
3	Canada, Ontario	McVicar Lake	Precious Metals	Gold	Cross River Ventures	1.5% NSR & other payments
3	Canada, Ontario	Nabish Lake	Precious Metals	Nickel-Copper	Heritage Mining	3% NSR & other payments
3	Canada, Ontario	North Pakwash	Precious Metals	Gold	Renegade Gold	1.5% NSR & other payments
3	Canada, Ontario	Pakwash Lake	Precious Metals	Gold	Silver Dollar Resources	1.5% NSR & other payments
3	Canada, Ontario	Pipestone	Precious Metals	Gold	Goldon	1.5% NSR & other payments
3	Canada, Ontario	Red Lake Gold 1	Precious Metals	Gold	Renegade Gold	2.5% NSR
3	Canada, Ontario	Red Lake Gold - Gullrock Lake	Precious Metals	Gold	Renegade Gold	0.25% to 2.25% & other payments
3	Canada, Ontario	Red Lake Gold - Duchess	Precious Metals	Gold	Renegade Gold	0.25% to 2.25% & other payments
3	Canada, Ontario	Red Lake Gold - Red Lake	Precious Metals	Gold	Renegade Gold	0.25% to 2.25% & other payments
3	Canada, Ontario	Red Lake Gold - Tilly	Precious Metals	Gold	Renegade Gold	0.25% to 2.25% & other payments
3	Canada, Ontario	Sandy Pines/Fly Lake/Joy	Precious Metals	Gold	Renegade Gold	1.5% NSR & other payments
3	Canada, Ontario	Shabu	Precious Metals	Gold	Taura Gold	1.5% NSR
3	Canada, Ontario	South of Otter	Precious Metals	Gold	Portofino	1.5% NSR & other payments
3	Canada, Ontario	Swain Lake	Precious Metals	Gold	Renegade Gold	1.5% NSR
3	Canada, Quebec	Fernet	Precious Metals	Gold	QCX Gold	1% NSR & other payments
1	Chile	Caserones	Copper	Copper-Molybdenum	Lundin Mining	0.8306% NSR
2	Chile	Challacollo	Precious Metals	Silver-Gold	Aftermath Silver	2% NSR
3	Chile	Juncal	Precious Metals	Gold	Austral Gold	1% NSR
3	Chile	Colla Kananchiari	Precious Metals	Gold-Copper-Silver	Masglas America	1% NSR precious metals, 0.5% NSR base metals
3	Chile	Magallanes	Precious Metals	Gold-Silver	Austral Gold	1% NSR
3	Chile	San Guillermo	Precious Metals	Gold-Silver	Austral Gold	0.5% NSR
3	Chile	San Valentino	Copper	Copper-Gold-Molybdenum	Fuerte Metals	1% NSR
2	Finland	Kaukua	Battery Metals	PGE-Nickel-Copper-Gold	GT Resources	2% NSR
3	Finland	Leilipalo	Precious Metals	Gold	FinGold	2% NSR & other payments
3	Finland	Mustajärvi	Precious Metals	Gold-Silver	Firefox Gold	1% NSR
3	Finland	Oijärvi	Precious Metals	Gold-Silver	First Nordic Metals	1%/3% NSR
3	Finland	Pasto	Precious Metals	Gold	FinGold	2% NSR & other payments
3	Haiti	Grand Bois	Precious Metals	Gold-Copper	Sono Global Holdings	0.5% NSR
3	Haiti	Grand Bois & Surrounding Properties	Copper	Copper-Gold	Newmont Ventures	0.5% NSR
3	Haiti	La Miel	Precious Metals	Gold-Copper	Newmont Ventures	0.5% NSR
3	Haiti	La Mine	Precious Metals	Gold-Copper	Newmont Ventures	0.5% NSR
3	Haiti	North Central	Precious Metals	Gold-Copper	Newmont Ventures	0.5% NSR
3	Haiti	Northeast	Precious Metals	Gold-Copper	Newmont Ventures	0.5% NSR
3	Haiti	Northwest	Copper	Copper-Gold	Newmont Ventures	0.5% NSR
3	Mexico, Durango	El Mogote	Precious Metals	Gold-Silver	Industrias Peñoles	2% NSR
3	Mexico, Durango	San Agustin Sulfides	Precious Metals	Gold	Heliostar Metals	2% NSR
2	Mexico, Sinaloa	San Marcial	Polymetallic	Silver-Gold-Zinc-Lead	GR Silver	0.75% NSR
3	Morocco	Aferkat	Precious Metals	Gold-Copper	Avesoro Holdings	2% NSR & other payments
3	Morocco	Akhamsi	Precious Metals	Gold-Copper-Silver	Avesoro Holdings	2% NSR & other payments
3	Morocco	Anzi	Copper	Copper-Gold	Avesoro Holdings	2% NSR & other payments
3	Morocco	Asemmam	Polymetallic	Gold-Silver-Lead-Copper-Zinc	Avesoro Holdings	2% NSR & other payments
3	Morocco	Bir Anzerane	Precious Metals	Gold-Copper-REE	Avesoro Holdings	2% NSR & other payments
3	Morocco	Bir Gandouz	Precious Metals	Gold-Copper-REE	Avesoro Holdings	2% NSR & other payments
3	Morocco	Bouarfa	Polymetallic	Lead-Zinc-Gold	Avesoro Holdings	2% NSR & other payments
3	Morocco	Imlili	Precious Metals	Gold-Copper-REE	Avesoro Holdings	2% NSR & other payments
3	Morocco	Insei	Copper	Copper-Silver	Avesoro Holdings	2% NSR & other payments
3	Morocco	Izoumgane	Polymetallic	Silver-Copper-Lead	Avesoro Holdings	2% NSR & other payments
3	Morocco	Tafelt	Copper	Copper-Silver	Avesoro Holdings	2% NSR & other payments
3	Morocco	Tagmount	Copper	Copper-Silver	Avesoro Holdings	2% NSR & other payments
3	Morocco	Tamezrar	Copper	Copper-Gold-Silver-REE	Avesoro Holdings	2% NSR & other payments
3	Morocco	Tanalt	Copper	Copper-Gold	Avesoro Holdings	2% NSR & other payments
3	Morocco	Tarsouat	Copper	Copper-Gold	Avesoro Holdings	2% NSR & other payments
3	Morocco	Tazenakht	Copper	Copper	Avesoro Holdings	2% NSR & other payments
3	Morocco	Telmzone	Precious Metals	Gold-Copper	Avesoro Holdings	2% NSR & other payments
3	Morocco	Timit	Polymetallic	Silver-Copper-Lead	Avesoro Holdings	2% NSR & other payments
3	Norway	Gallujavri	Battery Metals	Nickel-Copper-Cobalt-PGE	Kingsrose Mining	1% NSR & other payments
3	Norway	Løkken	Polymetallic	Copper-Zinc-Cobalt	Teako Minerals	2.5% NSR & other payments
3	Norway	Meråker	Polymetallic	Copper-Zinc-Gold	Bayrock Resources	2.5% NSR & other payments
3	Norway	Mofjell - Mo-i-Rana	Polymetallic	Copper-Lead-Zinc-Gold	Mahive Minerals	2.5% NSR, AAR’s & equity interest
3	Norway	Råna	Battery Metals	Nickel-Copper-Cobalt-PGE	Kingsrose Mining	2.5% NSR & other payments
3	Norway	Sagvoll	Polymetallic	Nickel-Copper	Bayrock Resources	2.5% NSR & other payments
3	Norway	Sulitjelma	Polymetallic	Copper-Zinc-Silver-Gold	Alpha Future Funds	2% NSR & other payments
2	Peru	Berenguela	Copper	Copper-Silver-Manganese-Zinc	Aftermath Silver	1% - 1.25% NSR
2	Peru	Chapi	Copper	Copper	Minera Pampa de Cobre	2% NSR
3	Serbia	Jasikovo East-Durlan Potok	Copper	Copper-Gold	Zijin Mining	0.3625% NSR
3	Serbia	Timok – (Brestovac West license	Precious Metals	Gold	Zijin Mining	2% NSR on Au and Ag, 1% NSR other metals
1	Serbia	Timok – Cukaru Peki	Copper	Copper-Gold	Zijin Mining	0.3625% NSR
3	Sweden	Adak	Polymetallic	Copper-Gold	Copperhead Mineral	2.5% NSR & other payments
3	Sweden	Åkerberg	Precious Metals	Gold	Copperhead Mineral	2.5% NSR & other payments
3	Sweden	Paubäcken	Precious Metals	Gold	First Nordic Metals	3% NSR & other payments
3	Sweden	Storjuktan	Precious Metals	Gold	First Nordic Metals	3% NSR & other payments
3	Sweden	Tomtebo	Polymetallic	Copper-Zinc-Lead-Silver-Gold	District Metals	2.5% NSR & other payments
2	Sweden	Viscaria	Copper	Copper (Iron)	Gruvaktiebolaget Viscaria	0.5 - 1% NSR
3	Türkiye	Akarca	Precious Metals	Gold-Silver	Çiftay	1 - 3% NSR & other payments
1	Türkiye	Balya	Polymetallic	Zinc-Lead-Silver	Esan	4% NSR & other payments
1	Türkiye	Gediktepe Oxide / Sulfide	Precious Metals	Gold-Silver / Copper-Zinc-Gold-Silver	ACG Metals	10% NSR Oxide / 2% NSR Sulfide
1	Türkiye	Sisorta	Precious Metals	Gold (Copper)	Bahar Madencilik	3.5 - 5% NSR & other payments
3	Türkiye	Trab-23	Copper	Copper-Gold	Trab Madencilik	1.5% NSR
2	Türkiye	Yenipazar	Polymetallic	Gold-Silver-Zinc-Copper-Lead	Virtus Mining/Trafigura	6% - 10% NPI
3	USA, Alaska	Goodpaster - 64 North	Precious Metals	Gold	Resolution Minerals/Alaska Energy Metals	1 – 2% NSR
3	USA, Alaska	Goodpaster - LMS	Precious Metals	Gold	Gold Reserve	1 - 3%
3	USA, Arizona	Copper Springs	Copper	Copper-Molybdenum	South32	2% production and other payments
3	USA, Arizona	Hardshell Skarn	Polymetallic	Copper-Lead-Zinc-Silver	South32	2% NSR & AMR Payments
3	USA, Arizona	Mesa Well	Copper	Copper	Intrepid Metals	2% production and other payments
2	USA, Arizona	Parks Salyer – Sacaton	Copper	Copper-Molybdenum	Arizona Sonoran Copper	0.5% NSR & other payments
3	USA, Arizona	Superior West	Copper	Copper	Kennecott Exploration	2% NSR, AMR & Milestone Payments
3	USA, Idaho	Century	Precious Metals	Gold	Scout Discoveries	3% NSR & other payments
3	USA, Idaho	Cuddy Mountain	Precious Metals	Gold	Scout Discoveries	3.25% NSR and other payments
3	USA, Idaho	Erickson Ridge	Precious Metals	Gold	Scout Discoveries	3.25% NSR and other payments
3	USA, Idaho	Independence	Precious Metals	Gold-Silver	Scout Discoveries	3% NSR & other payments
3	USA, Idaho	Jacknife	Polymetallic	Silver-Lead-Zinc	Scout Discoveries	3.25% NSR and other payments
3	USA, Idaho	Lehman Butte	Precious Metals	Gold-Silver	Scout Discoveries	3.25% NSR and other payments
3	USA, Idaho	Moose Ridge	Precious Metals	Gold	Scout Discoveries	3% NSR & other payments
3	USA, Idaho	Muldoon	Precious Metals	Gold	Scout Discoveries	3% NSR & other payments
3	USA, Idaho	Robber Gulch	Precious Metals	Gold	Scout Discoveries	3.25% NSR & other payments
3	USA, Idaho	Silverback	Polymetallic	Silver-Lead-Zinc	Scout Discoveries	3% NSR & other payments
3	USA, Idaho	South Orogrande	Precious Metals	Gold	Scout Discoveries	3.25% NSR and other payments
3	USA, Idaho	Timber Butte	Precious Metals	Gold	Scout Discoveries	3% NSR & other payments
3	USA, Idaho	Valve House	Precious Metals	Gold	Scout Discoveries	3% NSR & other payments
3	USA, Nevada	Bottle Creek	Precious Metals	Gold	URZ3 Energy	2% NSR
3	USA, Nevada	Brooks	Precious Metals	Gold	I-80 Gold	4% NSR
3	USA, Nevada	Cathedral Well	Precious Metals	Gold	Orla Mining	2.5% NSR
3	USA, Nevada	Ferber	Copper	Copper-Gold	Galileo Resources	1% NSR
1	USA, Nevada	Gold Bar South – Afgan	Precious Metals	Gold	McEwen Mining	1% NSR
1	USA, Nevada	Leeville	Precious Metals	Gold	Nevada Gold Mines	1% GSR
3	USA, Nevada	Maggie Creek	Precious Metals	Gold	Nevada Gold Mines	2% NSR on precious metals; 1% NSR on other metals
3	USA, Nevada	Maggie Creek South	Precious Metals	Gold	Nevada Gold Mines	3% NSR
3	USA, Nevada	Selena	Polymetallic	Silver-Gold-Lead-Zinc	Ridgeline Minerals	3.25% production, AMR & Milestone Payments
3	USA, Nevada	Silver Peak	Precious Metals	Silver-Gold	Millennium Silver	1.5% NSR
3	USA, Nevada	South Grass Valley	Precious Metals	Gold	URZ3 Energy	2% NSR
3	USA, Nevada	Speed Goat	Precious Metals	Gold	Scout Discoveries	3% NSR & other payments
3	USA, Nevada	Swift	Precious Metals	Gold	Ridgeline Minerals	3.25% production, AMR & Milestone Payments
3	USA, Nevada	Trench	Precious Metals	Gold	Ridgeline Minerals	3% NSR & other payments
3	USA, Nevada	Yerington West-Roulette	Copper	Copper	Hudbay Minerals	20% carried to feasibility or 2.5% NSR
3	USA, Oregon	Golden Ibex	Precious Metals	Gold	Golden Ibex	1% NSR
3	USA, Utah	Copper Warrior	Copper	Copper	American West Metals	2% NSR
3	USA, Utah	Ophir	Copper	Copper	Kennecott Exploration	2% NSR

Interactive Table - Royalty Assets