(TSX.V: EMX | NYSE: EMX)
Here is another example of the business acumen that makes EMX Royalty the Royalty Generator.
The Balya royalty property is a prime example of the execution of EMX’s royalty generation business model. EMX initially acquired Balya from a government auction in Turkey, having recognized the potential for new discoveries of mineralization on the Property. EMX then conducted several phases of exploration on the Property and subsequently established a royalty partnership with Dedeman (and now Esan), who funded further advancement of the project through the exploration and development phases. Esan expects to combine production from the EMX royalty property and its own mining operation on the adjacent license to feed its mill and processing facilities in the Balya mining district. This would represent enhanced royalty revenue from an organically generated EMX royalty asset.
Mr. Scott S. Close