Nevada Exploration Inc.

The portfolio consists of a 2% NSR royalty on Nevada Exploration Inc.’s (“NGE”) portfolio covering ~62.5 square miles in Nevada and includes four district-scale land positions as well as certain other interests.

NGE’s portfolio covers prospective mineral rights in Nevada and targets both Carlin and epithermal precious metal mineralization. NGE has advanced these projects from initial targeting, using NGE’s in-house ground water sampling programs and databases, and property acquisition through the collection of various geophysical datasets, geologic mapping, further bore-hole ground water sampling and in several cases, drill defined geologic orientation studies to further refine targets undercover. The portfolio was built over a decade with more than $10,000,000 spent in exploration advancing the projects. EMX’s royalty footprints cover these key tracks of ground and provides exceptional exploration and royalty upside.

Note: The nearby mines and deposits in the region provide geologic context for EMX’s Project, but this is not necessarily indicative that the Project hosts similar mineralization.

A Qualified Person has not performed sufficient work to confirm the “Dissolved Au ppt” noted in the map below, and EMX is not treating the results as NI 43-101 compliant. The results should not be relied upon until it is can be confirmed. However, the information is considered relevant and reliable.


Regional map of the Grass Valley and South Grass Valley projects (from Nevada exploration website Dec 7, 2022) Click to Enlarge