Leeville, Nevada

Nevada, USA

Nevada Gold Mines (Barrick/Newmont)


1% GSR

EMX’s Leeville royalty property is located on Nevada’s prolific Northern Carlin Trend, and covers portions of Nevada Gold Mines Leeville, Turf, and other underground gold mining operations. EMX’s 1% gross smelter return (“GSR”) royalty was added to the Company’s portfolio through the 2012 merger with Bullion Monarch. The Leeville royalty is a key Company asset and has provided a significant and ongoing revenue stream to EMX since its acquisition.

In recent years, Newmont has delineated a trend of sediment-hosted gold mineralization that extends southeast from the Leeville mining complex and across EMX’s royalty property. This gold trend includes the Rita K and Full House exploration projects which are partially covered by the Leeville royalty property. Mineralization remains open along the known structural and stratigraphic controls according to Nevada Gold Mines. These Nevada Gold Mines exploration successes underscore the prospectivity of the Leeville royalty property. From this exploration, Nevada Gold Mines released the Rita-K maiden resource and reserves in 2021 and developed a new portal to access Rita-K.


Location of Nevada royalties. Click to Enlarge
Geological map of Leeville Royalty and surrounding projects. Click to Enlarge

* Leeville royalty boundary is approximate & schematic as taken from claim list provided by Newmont. Actual location of royalty property outline may vary from what is depicted here.

Exploration information taken from Nevada Gold Mine’s September 2019 Analyst Presentation and Nevada Gold Mines Analyst Site Visit September 2022.

Drill hole intercept true widths unknown unless otherwise stated.

Geologic base from Nevada Bureau of Mines & Geology Bulletin 111 (2002).

Data registration is approximate, and map is provided for general reference purposes only.

Newmont  reserves are prepared in compliance with Industry Guide 7 published by the U.S. SEC. Whereas, the term resource, measured resource, indicated resource and inferred resource are not SEC recognized terms, Newmont has determined that such resources would be substantively the same as those prepared using the Guidelines established by the Society of Mining, Metallurgy and Exploration and defined as Mineral Resources. Investors are cautioned not to assume that any part or all of the inferred resource exists, or is economically or legally mineable.

Details reported in Company News Releases dated, September 30, 2010, February 7, 2012, July 31, 2012, August 20, 2012, January 25, 2016, and 
January 25, 2017.


Vent shaft from Turf project (located in Leeville Royalty) Click to Enlarge