Maggie Creek, Nevada

EMX’s Maggie Creek South 3% NSR royalty covers nearly two square miles in the Carlin Trend’s Maggie Creek gold mining district. In addition, in 2016 EMX acquired the Maggie Creek NSR royalty property (2% precious metals, 1% on all other minerals). Together, these two Carlin-type royalty properties cover ~4.8 square miles of prospective ground within ~1 mile of Newmont’s prolific Gold Quarry mine.

The Maggie Creek South royalty property occurs on the southeast projection of the Good Hope fault trend, which has an alignment of deposits along its length including Mike, Tusc, Mac, and Gold Quarry. The property is also prospective due to the interpreted down-dip projection of favorable host rocks. 

The Maggie Creek royalty property occurs along the northeast projection of the Gold Quarry fault zone, which is an important mineralizing control at the Gold Quarry mine. Exploration has been conducted by companies that include Newmont, Barrick, Western States, Teck, Cordex, and Freeport. Most of the historic drilling consisted of shallow, vertical holes that did not thoroughly test Carlin-type targets in the “upper plate” or “lower plate” rocks of the Roberts Mountain Allocthon. 

EMX’s Maggie Creek South and Maggie Creek royalty properties provide substantial exploration upside in a world-class gold mining district, and complement EMX’s Leeville royalty property on the Northern Carlin Trend. 

The Maggie Creek property was partnered with Renaissance Gold Inc., which was subsequently merged into Orogen Royalties Inc. In November 2022, Orogen announced a 5-year option agreement for the property with Nevada Gold Mines. Nevada Gold Mines is the current operator for both the Maggie Creek and Maggie Creek South properties.

Note: Gold Quarry and other deposits of the district provide context for the Maggie Creek and Maggie Creek South royalty properties, which occur in a similar geologic setting. However, this is not necessarily indicative that Maggie Creek or Maggie Creek South host mineralization with similar tonnages or grades.

Maps

Location of Nevada royalties. Click to Enlarge
Maggie Creek royalty properties geological map with mineral occurrences, major mines and mineralized trends. Click to Enlarge