EMX's Neavesville gold-silver property is located in the Hauraki goldfield of New Zealand's North Island. EMX has entered into a definitive agreement with Land & Mineral Limited, a privately-held Australian company, giving L&M the right to acquire Hauraki Gold Ltd., the wholly-owned EMX subsidiary that controls the Neavesville gold-silver property located in the Hauraki goldfield of New Zealand's North Island. Hauraki has also entered into a Joint Venture Agreement and Access Agreement with the Pakirarahi 1B Trust, who control surface rights across a majority of the project area. The property covers historic underground and shallow open cut workings of the Neavesville "gold-silver field". Neavesville's epithermal gold-silver mineralization includes similar geologic features to other deposits of the Hauraki goldfield, including Newmont's Martha Hill gold-silver mine located 25 kilometers to the southeast.
The largest of the systems defined by historic drilling is centered on Trig Bluffs, and measures approximately 2.5 by 1.5 kilometers. Gold-silver mineralization is developed in a large multiphase breccia complex that cuts faulted volcanic and minor sedimentary sequences, as well as along steeply dipping quartz-adularia veins, and as stockworks in breccias and dacite porphyry.
As well as Trig Bluffs, EMX's geophysical surveys and reconnaissance geologic mapping and sampling confirmed additional targets for follow-up at the Chelmsford and Oneura prospects.