Brestovac

EMX Royalty Provides an Update for Timok Royalty Property and Files a Technical Report on SEDAR

Retrieved on: 
Tuesday, March 2, 2021

EMX holds an uncapped 0.5% net smelter return ("NSR") royalty on Timok's Brestovac license, which covers the Cukaru Peki copper-gold development project.

Key Points: 
  • EMX holds an uncapped 0.5% net smelter return ("NSR") royalty on Timok's Brestovac license, which covers the Cukaru Peki copper-gold development project.
  • In addition to the original agreement covering EMX's royalty interest in the Timok Project's Brestovac license, which has already been filed by EMX on SEDAR (see EMX News Release dated October 5, 2020), EMX has now filed on SEDAR a technical report, "NI 43-101 Technical Report - Timok Copper-Gold Project Royalty, Serbia" dated February 26, 2021 by Mineral Resource Management LLC.
  • EMX congratulates Zijin on its rapid progress in developing the Timok Project, and looks forward to new advancements as the work programs progress.
  • The Company's common shares are listed on the NYSE American Exchange and TSX Venture Exchange under the symbol EMX.