Turkey’s mineral deposit setting is dominated by continuation of the Tethyan metallogenic belt from Eastern Europe into Asia Minor, and is characterized by a number of recent epithermal gold, gold-silver and porphyry copper deposit discoveries. As well, the country is noted for its favorable mining law that allows 100% foreign ownership. A prospective geologic environment, coupled with a favorable business climate, makes Turkey a premier destination for exploration discovery and mine development.
EMX’s development of a property portfolio in Turkey resulted from recognition of its exploration potential, and “early-mover” execution of the prospect generation business model starting in 2003. The properties were acquired at minimal cost through the application of in-region geologic knowledge, and value was built over time with partner-funded exploration work.. The Company looks forward to working with its partners as they continue to advance this diversified portfolio of copper, gold, gold-silver and polymetallic assets.