Red Star, Utah | EMX Royalty Corp.

Red Star is a porphyry Co-Mo and skarn project located in Beaver County, Utah, ~300 km SW from Salt Lake City. The property is adjacent to the Star mining district.

In January 2025, EMX executed an option agreement for the Red Star Project with Pacific Ridge Exploration Ltd. During the earn-in period, the agreement provides EMX with cash payments, equity in Pacific Ridge, and required work commitments on the project. Upon option exercise, EMX retains a 3% NSR royalty, 1% of which may be bought back, in addition to AAR and milestone payments.

Surface alteration and mineralization indicates the presence of a porphyry system beneath post-mineral alluvial ± volcanic cover. Postmineral normal faulting has tilted the porphyry system(s) and mineralization in the district ~40° to the east. Polymetallic (Pb-Zn-Ag-Cu-Au) fissure veins, mantos, and local Zn-rich skarn are hosted in east-tilted and fault-repeated Paleozoic carbonate rocks in the Star district. These fissure veins may be analogous to fissure veins in the Bingham and Tintic districts. Geologic observations and geochemical zonation patterns indicate a westward vector towards down-faulted blocks under alluvial ± volcanic cover.

The primary target at Red Star is the Cu-Mo porphyry and skarn system that is the source of the observed fissure veins, mantos, and distal skarn. Manto/CRD-style replacements in Paleozoic carbonate rocks are additional potential targets.

In January 2025, EMX executed an option agreement for Red Star with Pacific Ridge Exploration Ltd. During the earn-in period, the agreement provides EMX with cash payments, equity in Pacific Ridge, and required work commitments on the project. Upon option exercise, EMX retains a 3% NSR royalty, 1% of which may be bought back, in addition to AAR and milestone payments.

*Nearby mines and deposits provide context for the project, but do not necessarily indicate similar size, styles or grade of mineralization within the project.

Maps

Red Star region with copper mines and prospects

Photos