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EMX Royalty Sells Two Additional Battery Metal Projects to Kendrick Resources PLC

Post author By admin
Post date August 8, 2023

Vancouver, British Columbia–(Newsfile Corp. – August 8, 2023) – EMX Royalty Corporation (TSXV: EMX) (NYSE American: EMX) (the “Company” or “EMX”) is pleased to announce the execution of an agreement (the “Agreement”) to add its Mjövattnet and Njuggträskliden nickel-copper-PGE-cobalt projects in Sweden (the “Swedish Projects”) to an existing arrangement with Kendrick Resources PLC (“Kendrick”), a current EMX partner. Mjövattnet and Njuggträskliden battery metals projects will follow the same schedule of work commitments, advance royalty payments and milestone payments as the Espedalen battery metals project in Norway, another EMX royalty property being advanced by Kendrick. EMX will retain a 3% NSR royalty on the Swedish Projects along with other considerations summarized below. Kendrick is a Scandinavian focused energy metal exploration and development company currently listed on the London Stock Exchange (“LSE”) under the trading symbol “KEN”. See Figure 1 for project locations.

Each of the Swedish Projects contain nickel-copper-cobalt-PGE (Ni-Cu-Co-PGE) sulfide deposits associated with mafic-ultramafic intrusive complexes in the Skellefteå region of north-central Sweden, and both contain historical mineral resources. The Skellefteå area is known for its mining culture and heritage and is home to multiple actives mines, processing facilities and Boliden AB’s Rönnskär smelting complex.

The addition of the Swedish Projects follows Kendrick’s recent announcement of compelling drill results from the Espedalen battery metals project in Norway, a key EMX royalty property. Kendrick recently announced drill reported but Espedalen, including 11.60 meters averaging 2.85% nickel, 1.04% copper and 0.08% cobalt from 52.4 meters depth in drill hole ESP23-08, drilled at the Stormyra prospect on the Espedalen license (true width not reported, but can be estimated at 70-80% according to published cross sections)¹. Please see www.EMXroyalty.com for more information on these and other battery metal projects in EMX’s portfolio.

Commercial Terms Overview. In accordance with the Agreement, Kendrick will issue to EMX 15,000,000 options exercisable at a strike price of 1.3 pence (GBX) for 60 months. EMX currently holds an 8.8% equity stake in Kendrick, and the options will allow EMX to maintain its equity position for the foreseeable future. Additional provisions include:

A 3% NSR royalty in favor of EMX, 1% of which can be bought down by Kendrick by paying EMX $1,000,000 by the fifth anniversary of the agreement (leaving EMX with a minimum 2% NSR royalty).
Annual work commitments of 1,000 meters of drilling on each of the Swedish Projects.

Annual Advance Royalty Payments (“AAR’s”) on each of the Swedish Projects beginning at $30,000 in 2024 and escalating by $5,000 per year.

Overview of the Swedish Projects. Regional nickel exploration became a focus of the Swedish Geological Survey (“SGU”) and other state-run mining concerns in the 1970’s and early 1980’s, leading to the discoveries of the Mjövattnet and Njuggträskliden nickel-copper-cobalt-PGE deposits along what became known as the “Nickel Line” in north central Sweden. The Nickel Line is broadly coincident with a belt of similar aged volcanogenic massive sulfide (“VMS”) type deposits and orogenic gold deposits that comprise the greater Skellefteå Mining Region.

Mjövattnet Project. The translation of Mjövattnet is “mead water” in English, which was one of the first nickel sulfide discoveries made along the Nickel Line. Discovered in 1971, the Mjövattnet nickel sulfide deposit occurs along a structural corridor of similar mineralized bodies, including the Lappvattnet Brannorna, and Lappbacken zones to the southwest, each of which have drill defined zones of mineralization, with the latter two also lying within the EMX license (See Figure 2; note that Lappvattnet is currently held by a third party). Notes from the Swedish Geological Company (“NSG”) in 1987 state that Mjövattnet has only been partly explored and its depth potential remains unknown². Likewise, several clusters of nickel sulfide bearing boulders lie to the northeast and southeast (the Frangsmyran, Holmsvattnet, Långbacken and Vallen occurrences), the bedrock sources of which have yet to be identified.

This combination of known, drilled defined nickel sulfide mineralization which remains open in multiple directions, and the upside potential in the vicinities of the clusters of mineralized boulders makes the Mjövattnet project particularly attractive for further exploration.

Njuggträskliden Project. This deposit was discovered in the early 1970’s via boulder tracing, which led to the identification of several mineralized outcrops. Multiple drill defined zones of nickel sulfide mineralization were delineated in the early 1980’s, many of which were recognized as being enriched in PGE’s, but only some of the collected drill core samples were analyzed for PGE’s.

The drill defined zones of mineralization at Njuggträskliden remain open at depth, and the NSG noted in their summary report that a 10 kilometer corridor of similar boulder clusters with nickel sulfide mineralization remains to be explored at Njuggträskliden (see Figure 3)³. These occurrences all lie within the EMX license and represent considerable upside exploration potential. Since being drilled by the NSG, a few smaller companies have conducted limited exploration in the area, including twinning of some of the historic holes and reanalyzing the historic drill core for PGE’s. However, little to no systematic exploration has taken place.

Recent exploration programs conducted by EMX have identified numerous new copper and nickel soil anomalies on the Njuggträskliden project. Some of these newly recognized anomalies coincide with clusters of mineralized glacially transported boulders, the source(s) of which have not yet been discovered.

Exploration Plans for 2023. Permitting for drill testing has already begun, and Kendrick expects to commence a maiden drill program at Mjövattnet in later 2023 or early 2024.

Comments on Nearby and Adjacent Properties. The mines and deposits discussed in this news release provide context for EMX’s Projects, which occur in a similar geologic setting, but this is not necessarily indicative that the Projects host similar quantities, grades or styles of mineralization.

Dr. Eric P. Jensen, CPG, a Qualified Person as defined by National Instrument 43-101 and employee of the Company, has reviewed, verified and approved the disclosure of the technical information contained in this news release.

About EMX. EMX is a precious, base and battery metals royalty company. EMX’s investors are provided with discovery, development, and commodity price optionality, while limiting exposure to risks inherent to operating companies. The Company’s common shares are listed on the NYSE American Exchange and the TSX Venture Exchange under the symbol “EMX”, and also trade on the Frankfurt Exchange under the symbol “6E9”. Please see www.EMXroyalty.com for more information.

For further information contact:

David M. Cole
President and Chief Executive Officer
Phone: (303) 973-8585
Dave@emxroyalty.com

Scott Close
Director of Investor Relations
Phone: (303) 973-8585
SClose@emxroyalty.com

Isabel Belger
Investor Relations (Europe)
Phone: +49 178 4909039
IBelger@EMXroyalty.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release may contain “forward-looking statements” that reflect the Company’s current expectations and projections about its future results. These forward-looking statements may include statements regarding perceived merit of properties, exploration results and budgets, mineral reserve and resource estimates, work programs, capital expenditures, timelines, strategic plans, market prices for precious and base metal, or other statements that are not statements of fact. When used in this news release, words such as “estimate,” “intend,” “expect,” “anticipate,” “will”, “believe”, “potential” and similar expressions are intended to identify forward-looking statements, which, by their very nature, are not guarantees of the Company’s future operational or financial performance, and are subject to risks and uncertainties and other factors that could cause the Company’s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and factors may include, but are not limited to: unavailability of financing, failure to identify commercially viable mineral reserves, fluctuations in the market valuation for commodities, difficulties in obtaining required approvals for the development of a mineral project, increased regulatory compliance costs, expectations of project funding by joint venture partners and other factors.

Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release or as of the date otherwise specifically indicated herein. Due to risks and uncertainties, including the risks and uncertainties identified in this news release, and other risk factors and forward-looking statements listed in the Company’s MD&A for the quarter ended March 31, 2023 (the “MD&A”), and the most recently filed Annual Information Form (“AIF”) for the year ended December 31, 2022, actual events may differ materially from current expectations. More information about the Company, including the MD&A, the AIF and financial statements of the Company, is available on SEDAR at www.sedarplus.ca and on the SEC’s EDGAR website at www.sec.gov.

Figure 1: Location map of the Swedish Projects.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1508/176252_c1e423f684f889d1_002full.jpg

Figure 2: Mineralized trends, occurrences and geophysical map of the Mjövattnet project.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1508/176252_c1e423f684f889d1_003full.jpg

Figure 3: Mineralized trends, occurrences and geophysical map of the Njuggträskliden project.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1508/176252_c1e423f684f889d1_004full.jpg

¹ See Kendrick Resources PLC News Release dated May 4, 2023: “Stormyra Second Batch Assay Results Maiden Diamond Drill Programme”. EMX has not performed sufficient work to verify the published assay results, and these data cannot be verified as being compliant with NI43-101 standards. However, EMX believes these results to be reliable and relevant.
² Information from the Geological Survey of Sweden archives in Malå., Sweden.
³ Information from the Geological Survey of Sweden archives in Malå., Sweden., including report BRAP 81007, 1981, Nickelmineraliseringarna i Njuggtraskliden.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/176252

Base Metals Breaking Emx Royalty Energy Exclusive Interviews Junior Mining Precious Metals Project Generators

(16 Min.) EMX Royalty and Franco Nevada Announce $10M Acquisition Agreement for New Royalties

Post author By admin
Post date August 5, 2023

Website| https://provenandprobable.com/
Call Me |855.505.1900 or email: Maurice@MilesFranklin.com
Precious Metals – https://www.milesfranklin.com/

Tags #DavidCole, #EMX, #EMXRoyalty, #GoldMiningCompanies, #GoldMiningStocks, #ProvenAndProbable, #RickRule, #RoyaltyGenerator, #ScottClose, #Timok

Base Metals Emx Royalty Energy Junior Mining Precious Metals

EMX Announces an Acquisition Agreement for New Royalties with Franco-Nevada

Post author By admin
Post date August 1, 2023

Vancouver, British Columbia–(Newsfile Corp. – August 1, 2023) – EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the “Company” or “EMX”) is pleased to announce the execution of a binding term sheet with Franco-Nevada Corporation (“Franco-Nevada”) for the joint acquisition of newly created precious metals and copper royalties sourced by EMX (the “Agreement”). Franco-Nevada will contribute 55% (up to US$5.5 million) and EMX will contribute 45% (up to US$4.5 million) towards the royalty acquisitions, with the resulting royalty interests equally split (i.e. 50/50). The initial term is for three years from the signing date, or until the maximum contributions totaling US$10 million from both companies have been met, and may be extended if mutually agreed by both companies.

EMX and Franco-Nevada believe that royalty financing capital is sorely needed in an exploration sector where equity capital is difficult to source. The Agreement allows EMX to direct a large amount of capital towards the royalty generation aspect of its business model, and Franco-Nevada to participate in exploration stage royalty financing opportunities identified by EMX. Franco-Nevada is already an EMX shareholder (6.1% fully diluted), having made a $10 million private placement to facilitate the Company’s purchase of additional royalty interests in the Caserones copper (molybdenum) mine in Chile last year (see EMX news release dated April 14, 2022). In parallel with EMX’s royalty acquisition, Franco-Nevada also purchased a royalty interest in Caserones.

Commercial Terms Overview. Pursuant to the terms of the Agreement dated June 27, 2023, EMX will source newly created precious metals royalties (“Precious Metals Royalties”) and/or copper royalties (“Copper Royalties”, and together with Precious Metals Royalties, “Royalties” and each a “Royalty”) exclusively for the benefit of EMX and Franco-Nevada (jointly the “Parties”). The Royalties will be for all minerals from mining projects having primary economic metal(s) that are precious metals or copper, but the Agreement will not apply to the purchase of existing third-party royalty interests or exploration lands.

The material Agreement terms are (all dollar amounts are in U.S. dollars (USD)):

Franco-Nevada will contribute 55% and EMX will contribute 45% of the purchase price of all Royalties, with such Royalties being equally split (i.e. 50/50) between each Party. Franco-Nevada will commit up to $5.5 million and EMX will commit up to $4.5 million for the acquisition of Royalties, totaling $10 million from both Parties (the “Capital Commitment”).
To illustrate the above, for a new 1% Royalty with a $1 million dollar purchase price, Franco-Nevada would contribute $550 thousand and EMX would contribute $450 thousand, with each Party receiving a 0.5% Royalty.
EMX will be responsible for managing all Royalty transaction sourcing, asset analysis, due diligence review, contract negotiations and other related activities in connection with the acquisition of Royalties.
The Agreement will expire upon the earlier of: (i) the contribution of the full Capital Commitment; or (ii) the date that is three years after the execution of the Agreement (the “Initial Term”), subject to extension upon mutual agreement of the Parties.

Discussion. The Agreement with Franco-Nevada is expected to accelerate the growth of the Company’s royalty portfolio by allowing EMX to direct a larger amount of capital towards new royalty acquisitions through exploration royalty financing or other entrepreneurial means. EMX’s assets currently include over 250 exploration and early stage royalty generation projects, in addition to six producing and eleven advanced royalty properties. The Company has active programs and important assets in North America (the western U.S., Canada, and Mexico), South America (Chile, Peru, and Argentina), Europe (Fennoscandia, Serbia and the other Balkans), western Asia (Turkey), Africa (Morocco and Botswana), and Australia. From these countries and regions, the Company manages its portfolio utilizing in-country or in-region exploration teams, consultants, and advisers. EMX’s search for new royalty opportunities will be led in the western hemisphere by Chief Geologist, Dr. David Johnson, in the eastern hemisphere by General Manager of Exploration, Dr. Eric Jensen, and globally by General Manager of Corporate Development, Thomas Mair.

The precious metals and copper focused search for new royalties leverages EMX’s experience in assessing opportunities for these commodities. The Company’s portfolio is principally comprised of gold (59%) and copper (21%) assets, with battery (e.g., cobalt, nickel, etc.) and other metals (e.g., lead, zinc, etc.) accounting for the remaining 20%. The Company’s current portfolio provides a strong base from which to source new royalties for both companies.

EMX is well positioned to source new royalty opportunities under the Agreement. In particular, the EMX – Franco-Nevada initiative well-suited for the acquisition of new royalties from companies that have promising precious metals or copper projects, but are confronted by the current challenging environment for exploration funding. Interested third parties are encouraged to see www.EMXroyalty.com for more information regarding key management contacts, as well as the Company’s portfolio and business strategy.

Qualified Person. Michael P. Sheehan, CPG, a Qualified Person as defined by National Instrument 43-101 and employee of the Company, has reviewed, verified and approved the disclosure of the technical information contained in this news release.

About EMX. EMX is a precious, base and battery metals royalty company. EMX’s investors are provided with discovery, development, and commodity price optionality, while limiting exposure to risks inherent to operating companies. The Company’s common shares are listed on the NYSE American Exchange and TSX Venture Exchange under the symbol “EMX”, and also trade on the Frankfurt exchange under the symbol “6E9”. Please see www.EMXroyalty.com for more information.

About Franco-Nevada. Franco-Nevada Corporation is the leading gold-focused royalty and streaming company with the largest and most diversified portfolio of cash-flow producing assets. Its business model provides investors with gold price and exploration optionality while limiting exposure to cost inflation. Franco-Nevada uses its free cash flow to expand its portfolio and pay dividends. It trades under the symbol FNV on both the Toronto and New York stock exchanges.

For further information contact:

David M. Cole
President and Chief Executive Officer
Phone: (303) 973-8585
Dave@emxroyalty.com

Scott Close
Director of Investor Relations
Phone: (303) 973-8585
SClose@emxroyalty.com

Isabel Belger
Investor Relations (Europe)
Phone: +49 178 4909039
IBelger@EMXroyalty.com

Forward-Looking Statements
This news release may contain “forward-looking statements” that reflect the Company’s current expectations and projections about its future results. These forward-looking statements may include statements regarding perceived merit of properties, exploration results and budgets, mineral reserves and resource estimates, work programs, capital expenditures, timelines, strategic plans, market prices for precious and base metal, or other statements that are not statements of fact. When used in this news release, words such as “estimate,” “intend,” “expect,” “anticipate,” “will”, “believe”, “potential” and similar expressions are intended to identify forward-looking statements, which, by their very nature, are not guarantees of the Company’s future operational or financial performance, and are subject to risks and uncertainties and other factors that could cause the Company’s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and factors may include, but are not limited to unavailability of financing, failure to identify commercially viable mineral reserves, fluctuations in the market valuation for commodities, difficulties in obtaining required approvals for the development of a mineral project, increased regulatory compliance costs, expectations of project funding by joint venture partners and other factors.

Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release or as of the date otherwise specifically indicated herein. Due to risks and uncertainties, including the risks and uncertainties identified in this news release, and other risk factors and forward-looking statements listed in the Company’s MD&A for the quarter ended March 31, 2023 (the “MD&A”), and the most recently filed Annual Information Form (“AIF”) for the year ended December 31, 2022, actual events may differ materially from current expectations. More information about the Company, including the MD&A, the AIF and financial statements of the Company, is available on SEDAR at www.sedarplus.ca and on the SEC’s EDGAR website at www.sec.gov.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/175578

Junior Mining Lion One Metals

Lion One Expands Gold Mineralization at Tuvatu Mine in Fiji

Post author By admin
Post date July 27, 2023

Wall Sampling Returns 18.70 g/t Au over 17.8 m, Peak Value of 150.77 g/t Au

North Vancouver, British Columbia–(Newsfile Corp. – July 27, 2023) – Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) (“Lion One” or the “Company”) is pleased to report high-grade gold results from underground sampling and announces the expansion of gold mineralization at its 100% owned Tuvatu Alkaline Gold Project in Fiji.

Sampling along the walls of the URW1a and URW1b mine drives at Tuvatu has returned high-grade gold results, indicating that the gold mineralization associated with both the URW1a and URW1b lodes extends beyond the walls of the current drives. As reported on July 13, 2023, the grades associated with the URW1a and URW1b lodes are higher than anticipated and the results reported here indicate that the high-grade gold mineralization associated with these lodes is also greater in width than that which was estimated from drilling.

Highlights of wall sampling, parallel to sub-parallel to strike-drives, on URW1a and URW1b:

18.70 g/t Au over 17.8 m (including 91.15 g/t Au over 1.0m) (URW1b – Right Wall)
32.34 g/t Au over 10 m (including 149.86 and 80.11 g/t Au over 1.0m each) (URW1b – Left Wall)
17.11 g/t Au over 18 m (including 150.77 g/t Au over 1.0m) (URW1a – Right Wall)
20.72 g/t Au over 11 m (including 107.56 g/t Au over 1.0m) (URW1a – Left Wall)
24.76 g/t Au over 7 m (including 67.06 g/t Au over 1.0m) (URW1a – Left Wall)

Lion One Chairman and CEO Walter Berukoff commented: “We’re very pleased with the results from our wall sampling program. The program was initiated following the identification of coarse visible gold in veinlets in the walls of both the URW1a and URW1b mine drives. The results indicate that there is significant gold mineralization present in the walls of both drives, and that the mineable width of both drives is therefore considerably wider than we expected based on drill results. An investigation is now underway to determine how far this additional gold mineralization extends into the walls of both drives and how much additional high-grade material we can expect to mine from these lodes. Mining is ongoing in both drives and we’re hopeful that this additional gold mineralization will provide a further boost to our growing stockpile in advance of our plant commissioning later this year.”

Wall Sampling

Table 1. Highlights of Wall Sampling, parallel/subparallel to strike drives from the URW1a and URW1b lodes

Location		From	To	Interval (m)	Au (g/t)
URW1a Left Wall		0	7	7	24.76
	including	0	2	2	46.71
	which includes	1	2	1	67.06
	and also including	3	6	3	24.65
URW1a Left Wall		12	29	17	14.55
	including	18	29	11	20.72
	which includes	18	22	4	17.54
	and	23	26	3	50.84
	which includes	25	26	1	107.56
URW1a Right Wall		9	27	18	17.11
	including	9	10	1	35.90
	and	11	12	1	10.46
	and	13	24	11	23.54
	which includes	15	22	7	35.47
	which includes	15	16	1	150.77
URW1b Left Wall		2	12	10	32.34
	including	6	8	2	76.85
	which includes	6	7	1	149.86
	and also including	9	12	3	54.50
	which includes	9	10	1	80.11
	and	10	11	1	23.20
	and	11	12	1	60.18
URW1b Left Wall		14	19	5	7.48
	including	14	17	3	11.51
URW1b Right Wall		0	17.8	17.8	18.70
	including	5.8	10.8	5	30.24
	which includes	5.8	6.8	1	27.71
	and	9.4	9.8	0.4	50.76
	and	9.8	10.8	1	91.15
	and also including	11.8	17.8	6	28.57
	which includes	14.8	17.8	3	44.53

Figure 1. Location of the URW1a and URW1b lodes in relation to the Tuvatu system. Mining is progressing north along both the URW1a lode (modelled in purple) and the URW1b lode (modelled in green). Inset image shows the location of the URW1a and URW1b lodes in relation to the Tuvatu system, with all other lodes shown in pale grey. Underground developments are shown in red. The dashed black square is the area highlighted in Figure 2. The URW1 mineralized trend has a N-S strike length of approximately 300 m and a vertical extent also of approximately 300 m. The URW1a and URW1b lodes occupy approximately 75m of this mineralized strike length. Extensional drilling is ongoing.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2178/175090_5550d172a4f9a97c_001full.jpg

Figure 2. Location of URW1a and URW1b wall samples. Yellow lines indicate the location of the wall sample lines in relation to the URW1a and URW1b mine drives, shown in red. Sample lines start with 0 m at the southern (bottom) end of the mine drives and progress north along the drives. Yellow arrows indicate the possible expansion of the mine drives, pending investigation into the lateral extent of additional gold mineralization.

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https://images.newsfilecorp.com/files/2178/175090_5550d172a4f9a97c_002full.jpg

Mining of the URW1 lodes has been ongoing since May 18th, 2023 and is being conducted through the use of airleg mining. Airleg mining is a very precise method of mining which is ideal for narrow vein mineralization such as at Tuvatu as it enables the extraction of the vein material with minimal dilution.

As mining progressed along the URW1a and URW1b lodes, gold mineralization was identified within narrow stockwork-style veining in the walls of both drives following extraction. A systematic program of wall sampling was therefore initiated to determine the extent of gold mineralization along the walls. Samples were collected at approximately 1m intervals along the entire length of both the lefthand and righthand walls of both the URW1a and URW1b mine drives. The samples were collected by chipping material off the face of the wall along a continuous horizontal line irrespective of veining, mineralization, alteration, or lithology. The sampling results are therefore considered representative of the wall material.

The wall sampling results indicate significant gold mineralization is present in the walls of both the URW1a and URW1b mine drives, yet the lateral extent of this mineralization is unknown. An investigation is underway to determine how far mineralization extends beyond the current walls of the drives and how much additional material can be mined from these drives. Information gained from this investigation will then be applied to adapt the mine design for these lodes moving forward. As a general strategy, the early recognition of gold-bearing stockwork-style veining beyond the primary vein is significant as it provides the opportunity for the mining team to take advantage of increased mining volumes early in the life of the mine. The mining method at Tuvatu is being assessed locally and where it can be demonstrated to be beneficial a switch from airleg to mechanized mining will be considered. The effect of mechanized mining as compared to airleg mining is that it has a higher production rate but wider minimum mining widths. It is therefore efficient for wide zones of mineralization but increases dilution in narrow zones.

Modes of Mineralization at URW1 lodes

The discovery of widespread gold mineralization in the walls of the URW1a and URW1b mine drives has indicated that high-grade gold mineralization extends for several meters on either side of the main URW1 lodes. This has led to an increased understanding of the gold grade distribution in this portion of the Tuvatu deposit. It is well established that high-grade gold mineralization at Tuvatu occurs within the main subvertical lodes, such as the URW1a and URW1b lodes, which are likely the primary fluid-flow pathways in this part of the system. Results from the wall sampling program confirm the presence of a secondary, but no less important, mode of occurrence of gold mineralization of considerable significance. This second mode of mineralization occurs as a network of stockwork-style veining that forms a halo of metric extent peripheral to the main sub-vertical lodes (Figure 3).

Figure 3. Example of grade distribution in URW1a. Photo of the face of the URW1a mine drive at approximately 24 m into the drive. The main lode is shown to the right of the photo within the dashed yellow lines. Stockwork style veining is shown to the left of the main lode, with some of the veining highlighted by dashed orange lines. Gold grades from face sampling are shown in white, while gold grades from the wall sampling at this location are shown in orange. The main lode at this part of the drive is quite close to the righthand wall of the drive so we can see that high-grade gold in the form of stockwork style veining extends at least 2 m to the lefthand wall of the drive, where wall sampling returned a grade of 24.00 g/t Au. High grade material at this location therefore extends beyond the lefthand wall, as well as beyond the righthand wall where the wall sample returned 10.22 g/t Au. The lateral extent of high-grade mineralization peripheral to the main subvertical lodes is currently unknown.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2178/175090_5550d172a4f9a97c_003full.jpg

Gold mineralization in the main lodes typically occurs within chalcedonic quartz veins both as native gold resulting from fluid flashing events and as a very fine-grained gold overprint in association with coarse grained pyrite and sphalerite. Gold mineralization within the halo of stockwork-style veining around the main lode occurs as native gold within a network of thin (<1 cm wide) quartz veinlets (Figure 4). The discovery of this second form of gold mineralization represents a potentially significant upside for gold grades and tonnage at the URW1a and URW1b lodes, and possibly for Tuvatu as a whole.

Figure 4. Examples of different visible gold-bearing veinlets identified during sampling. Examples of thin, visible gold-bearing veinlets from stockwork-style veining peripheral to the URW1a and URW1b main lodes. Scratcher pen used for scale.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2178/175090_5550d172a4f9a97c_004full.jpg

CAUTIONARY STATEMENT

Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where metal concentrations or grades are the factors of principal economic interest. At Tuvatu, coarse visible gold generally correlates well to high-grade mineralization. However, the actual grades can only be determined by systematic sampling and assaying.

About Tuvatu

The Tuvatu Alkaline Gold Project is located on the island of Viti Levu in Fiji. The January 2018 mineral resource for Tuvatu as disclosed in the technical report “Technical Report and Preliminary Economic Assessment for the Tuvatu Gold Project, Republic of Fiji”, dated September 25, 2020, and prepared by Mining Associates Pty Ltd of Brisbane Qld, comprises 1,007,000 tonnes indicated at 8.50 g/t Au (274,600 oz. Au) and 1,325,000 tonnes inferred at 9.0 g/t Au (384,000 oz. Au) at a cut-off grade of 3.0 g/t Au. The technical report is available on the Lion One website at www.liononemetals.com and on the SEDAR website at www.sedar.com.

Qualified Person

In accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43- 101”), Sergio Cattalani, P.Geo, Senior Vice President Exploration, is the Qualified Person for the Company and has reviewed and is responsible for the technical and scientific content of this news release.

QAQC Procedures

Lion One adheres to rigorous QAQC procedures above and beyond basic regulatory guidelines in conducting its sampling, drilling, testing, and analyses. The Company utilizes its own fleet of diamond drill rigs, using PQ, HQ and NQ sized drill core rods. Drill core is logged and split by Lion One personnel on site. Samples are delivered to and analyzed at the Company’s geochemical and metallurgical laboratory in Fiji. Duplicates of all samples with grades above 0.5 g/t Au are both re-assayed at Lion One’s lab and delivered to ALS Global Laboratories in Australia (ALS) for check assay determinations. All samples for all high-grade intercepts are sent to ALS for check assays. All samples are pulverized to 85% passing through 75 microns. Gold analysis is carried out using fire assay with an AA finish. Samples that have returned grades greater than 10.00 g/t Au are then re-analyzed by gravimetric method. For samples that return greater than 0.50 g/t Au, repeat fire assay runs are carried out and repeated until a result is obtained that is within 10% of the original fire assay run. Lion One’s laboratory can also assay for a range of 71 other elements through Inductively Coupled Plasma Optical Emission Spectrometry (ICP-OES), but currently focuses on a suite of 9 important pathfinder elements. All duplicate anomalous samples are sent to ALS labs in Townsville QLD and are analyzed by the same methods (Au-AA26, and Au-GRA22 where applicable). ALS also analyses 33 pathfinder elements by HF-HNO3-HClO4 acid digestion, HCl leach and ICP-AES (method ME-ICP61).

About Lion One Metals Limited

Lion One’s flagship asset is 100% owned, fully permitted high grade Tuvatu Alkaline Gold Project, located on the island of Viti Levu in Fiji. Lion One envisions a low-cost high-grade underground gold mining operation at Tuvatu coupled with exciting exploration upside inside its tenements covering the entire Navilawa Caldera, an underexplored yet highly prospective 7km diameter alkaline gold system. Lion One’s CEO Walter Berukoff leads an experienced team of explorers and mine builders and has owned or operated over 20 mines in 7 countries. As the founder and former CEO of Miramar Mines, Northern Orion, and La Mancha Resources, Walter is credited with building over $3 billion of value for shareholders.

On behalf of the Board of Directors of Lion One Metals Limited
“Walter Berukoff“, Chairman and CEO

Contact Investor Relations
Toll Free (North America)
Tel: 1-855-805-1250
Email: info@liononemetals.com
Website: www.liononemetals.com

Neither the TSX Venture Exchange nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this release

This press release may contain statements that may be deemed to be “forward-looking statements” within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “proposed”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. This forward-looking information reflects Lion One Metals Limited’s current beliefs and is based on information currently available to Lion One Metals Limited and on assumptions Lion One Metals Limited believes are reasonable. These assumptions include, but are not limited to, the actual results of exploration projects being equivalent to or better than estimated results in technical reports, assessment reports, and other geological reports or prior exploration results. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Lion One Metals Limited or its subsidiaries to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: the stage development of Lion One Metals Limited, general business, economic, competitive, political and social uncertainties; the actual results of current research and development or operational activities; competition; uncertainty as to patent applications and intellectual property rights; product liability and lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation, affecting mining, timing and availability of external financing on acceptable terms; not realizing on the potential benefits of technology; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key individuals. Although Lion One Metals Limited has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. Lion One Metals Limited does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Appendix 1: Complete Wall Sample Results and Location Information

Table 2. Wall Sample results from the URW1a lode

URW1a – Left Wall				URW1a – Right Wall
From	To	Interval (m)	Au g/t	From	To	Interval (m)	Au g/t
0	1	1	26.36	0	1	1	0.94
1	2	1	67.06	1	2	1	5.25
2	3	1	1.4	2	3	1	1.04
3	4	1	39.56	3	4	1	2.84
4	5	1	17.43	4	5	1	1.45
5	6	1	16.96	5	6	1	9.39
6	7	1	4.57	6	7	1	0.13
7	8	1	0.01	7	8	1	0.01
8	9	1	0.28	8	9	1	0.73
9	10	1	0.04	9	10	1	35.9
10	11	1	0.15	10	11	1	0.13
11	12	1	0.01	11	12	1	10.46
12	13	1	9.01	12	13	1	0.21
13	14	1	3.36	13	14	1	4.39
14	15	1	0.01	14	15	1	1.63
15	16	1	4.24	15	16	1	150.77
16	17	1	2.52	16	17	1	14.19
17	18	1	0.28	17	18	1	12.77
18	19	1	37.88	18	19	1	23.02
19	20	1	1.34	19	20	1	11.57
20	21	1	6.93	20	21	1	10.22
21	22	1	24	21	22	1	25.76
22	23	1	1.43	22	23	1	2.48
23	24	1	7.93	23	24	1	2.16
24	25	1	37.03	24	25	1	0.37
25	26	1	107.56	25	26	1	1.35
26	27	1	1.97	26	27	1	0.54
27	28	1	0.14	27	28	1	0.11
28	29	1	1.73	28	29	1	0.04
29	30	1	0.21	29	30	1	3.31
30	31	1	0.01	30	31	1	0.06

Table 3. Wall Sample results from the URW1b lode

URW1b – Left Wall				URW1b – Right Wall
From	To	Interval (m)	Au g/t	From	To	Interval (m)	Au g/t
0	1	1	0.00	0	1	1	0.73
1	2	1	0.48	1	2	1	3.02
2	3	1	1.17	2	2.8	0.8	1.33
3	4	1	2.21	2.8	3.8	1	3.41
4	5	1	2.62	3.8	4.8	1	1.67
5	6	1	0.20	4.8	5.8	1	0.12
6	7	1	149.86	5.8	6.8	1	27.71
7	8	1	3.83	6.8	7.4	0.6	5.14
8	9	1	0.00	7.4	8.4	1	3.96
9	10	1	80.11	8.4	9.4	1	5.01
10	11	1	23.20	9.4	9.8	0.4	50.76
11	11.2	0.2	27.14	9.8	10.8	1	91.15
11.2	12	0.8	68.44	10.8	11.8	1	0.17
12	13	1	0.00	11.8	12.8	1	6.4
13	14	1	0.00	12.8	13.8	1	19.68
14	15	1	12.00	13.8	14.8	1	11.76
15	16	1	12.36	14.8	15.8	1	47.29
16	17	1	10.19	15.8	16.8	1	49.02
17	18	1	0.82	16.8	17.8	1	37.29
18	19	1	2.03
19	20	1	0.00
20	21	1	0.00
21	22	1	2.16

Table 4. Coordinates for wall sample lines reported in this release, using the end of the sample line as the reference point (i.e. the northern most point). Coordinates are in Fiji map grid.

Sample Line	Easting (m)	Northing (m)	Elevation (m)	Sample Line Length
URW1a – Left Wall	1876335	3920735	141	31
URW1a – Right Wall	1876338	3920736	141	31
URW1b – Left Wall	1876347	3920738	142	22
URW1b – Right Wall	1876350	3920737	142	17.8

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/175090

Gold Company Junior Mining Precious Metals

Gold79 Announces Amendment of a Gold Chain Property Option Agreement Reducing Near-Term Cash Payments

Post author By admin
Post date July 24, 2023

Ottawa, Ontario–(Newsfile Corp. – July 24, 2023) – Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) (“Gold79” or the “Company”) is pleased to announce that it has entered into an amending agreement with respect to one of its option agreements for the Gold Chain, Arizona project which reduces cash payments in the near-term.

This amending agreement relates to 107 unpatented mining claims forming part of the Gold Chain project. In total, the Gold Chain project consists of 379 unpatented mining claims covering approximately 3,058 hectares (7,552 acres) and 15 patented claims covering approximately 107 hectares (264 acres). The Company retains a right to earn a 100% interest in this portion of the project while the future payment schedule for certain cash and share payments has been amended as further detailed below.

Derek Macpherson, President and CEO of Gold79, states, “Given market conditions, this reduction in near-term cash payments is an important step to allow Gold79 to continue advancing the project. I would like to thank the project optionors for providing us with additional flexibility by deferring near-term cash payments with this amendment.”

Details with respect to the amendment is as follows:

The amended option agreement now requires a balance of future annual cash payments totaling US$415,000 (previously US$410,000) with anniversary payments extending to July 30, 2028 versus July 30, 2025 previously. Future share payments now total a value of US$192,000 (previously US$144,000) with annual payments due July 30, 2023 to July 30, 2026. Details of the revised future payments are as follows:

Table 1: Amended Payment Schedule

Timing	Cash payments (US dollars)	Common share payments (US dollars)
On or before July 30, 2023	$15,000	$48,000
On or before July 30, 2024	25,000	48,000
On or before July 30, 2025	55,000	48,000
On or before July 30, 2026	60,000	48,000
On or before July 30, 2027	100,000	Nil
On or before July 30, 2028	160,000	Nil
Totals	$415,000	$192,000

Table 2: Previous Payment Schedule

Timing	Cash payments (US dollars)	Common share payments (US dollars)
On or before July 30, 2023	$60,000	$48,000
On or before July 30, 2024	100,000	48,000
On or before July 30, 2025	250,000	48,000
Totals	$410,000	$144,000

There continues to be no minimum commitment for exploration work expenditures under the option agreement and all other terms remain unchanged.

This amending agreement is subject to approval of the TSX Venture Exchange.

About Gold79 Mines Ltd.

Gold79 Mines Ltd. is a TSX Venture listed company focused on building ounces in the Southwest USA. Gold79 holds 100% earn-in option to purchase agreements on three gold projects: the Jefferson Canyon Gold Project and the Tip Top Gold Project both located in Nevada, USA, and, the Gold Chain Project located in Arizona, USA. In addition, Gold79 holds a 32.3% interest in the Greyhound Project, Nunavut, Canada under JV by Agnico Eagle Mines Limited.

For further information regarding this press release contact:
Derek Macpherson, President & CEO
Phone: 416-294-6713
Email: dm@gold79mines.com
Website: www.gold79mines.com.

Book a 30-minute meeting with our CEO here.

Stay Connected with Us:
Twitter: @Gold79Mines
Facebook: https://www.facebook.com/Gold79Mines
LinkedIn: https://www.linkedin.com/company/gold79-mines-ltd/

FORWARD-LOOKING STATEMENTS:

This press release may contain forward looking statements that are made as of the date hereof and are based on current expectations, forecasts and assumptions which involve risks and uncertainties associated with our business including any proposed private placement or any future private placements, the uncertainty as to whether further exploration will result in the target(s) being delineated as a mineral resource, capital expenditures, operating costs, mineral resources, recovery rates, grades and prices, estimated goals, expansion and growth of the business and operations, plans and references to the Company’s future successes with its business and the economic environment in which the business operates. All such statements are made pursuant to the ‘safe harbour’ provisions of, and are intended to be forward-looking statements under, applicable Canadian securities legislation. Any statements contained herein that are statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution readers of this news release not to place undue reliance on our forward-looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company’s most recent annual MD&A and the Company’s continuous disclosure documents that can be found on SEDAR at www.sedar.com. Gold79 does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/174462

Base Metals Emx Royalty Energy Junior Mining Precious Metals

EMX Options Its Flat and Bamble Nickel Projects in Norway

Post author By admin
Post date July 24, 2023

Vancouver, British Columbia–(Newsfile Corp. – July 24, 2023) – EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the “Company” or “EMX”) is pleased to announce the execution of an option agreement for EMX’s Flåt and Bamble nickel-copper sulfide projects in Norway (the “Projects“) (see Figure 1) to Londo Nickel Limited (“Londo Nickel“), a public unlisted Australian Company. The agreement provides EMX with 2.5% Net Smelter Return (“NSR“) royalty interests, cash and equity payments, work commitments and other considerations. In conjunction with this transaction, Londo Nickel intends to establish a public listing on the Australian Securities Exchange (ASX) later in 2023.

The Flåt and Bamble Projects belong to a belt of Proterozoic mafic intrusions in southern Norway that hosts a variety of nickel-copper sulfide deposits and occurrences (see Figure 1). These deposits were mined in the 20^th century to help feed the nearby Nikkelverk smelter, which is now owned and operated by Glencore. During this period Norway was a major supplier of nickel to the world. The mines in southern Norway are also thought to have provided the majority of global nickel production in the late 19^th century, and although over 40 mines have operated in the area historically, there has been very little modern exploration. In a broader context, the belt in southern Norway is considered to be the eastern extension of the same geologic trend that hosts the Voisey’s Bay nickel deposits in Labrador, Canada (the regions of modern-day Fennoscandia and Canada were once adjoined in the middle Proterozoic era).

The Projects will provide Londo Nickel with a strong pair of battery metal assets in advance of its proposed ASX listing. EMX and Londo Nickel will work together to apply modern exploration methods and deposit models to advance the Projects.

Commercial Terms Overview (terms are in Australian dollars (AUD) unless otherwise noted). Upon execution, Londo Nickel will make a cash payment of $30,000. During a seven-month option period, Londo Nickel can acquire a 100% interest in the EMX subsidiary company that controls the Projects by paying EMX an additional $20,000. Upon commencement of the IPO and ASX-listing process, Londo Nickel will make an additional cash payment of up to $100,000 and issue 750,000 shares of Londo Nickel to EMX along with 1,000,000 options with each option being exercisable for one share of Londo Nickel at a price of $0.25 for 48 months. Upon the first anniversary of the IPO, Londo Nickel will also pay EMX $50,000 in cash.

Upon completing the option requirements, Londo Nickel will earn 100% interest in each Project with EMX retaining:

A 2.5% NSR royalty interest in each Project.
Annual advance royalty (“AAR“) payments per each Project that commence on the third anniversary of the IPO. These will start at $30,000, with AAR payments increasing by 15% per year on subsequent anniversaries of the IPO until reaching $75,000.
Milestone payments of $250,000 in cash upon announcement via the ASX of a maiden JORC resource for each Project. Additional milestone payments of $500,000 in cash will be made to EMX upon the delivery of a feasibility study for each Project.

To maintain its interest in the Flåt and Bamble Projects, Londo Nickel will also spend a minimum of $300,000 and $100,000, respectively, by the first anniversary of the IPO, and $300,000 each year starting on the second anniversary of the IPO¹.

Flåt Project Overview. EMX’s exploration licenses surround the historical Flåt Mine (see Figure 2), which was one of the largest nickel producers in Europe from 1872 through the end of World War II. Total reported production from the mine was 2.7 Mtonnes at average grades of 0.72% Ni, 0.48% Cu, and 0.06% Co², and was the major source of nickel for the nearby Nikkelverk smelter in the first half of the 20^th century. EMX’s land position covers the lateral and downward extensions of the mineralized body exploited by historical mining at Flåt, as well as other nearby historical mine workings. Falconbridge completed the most recent drill program in the 1970’s, but failed to reach the exploration target at depth. Beyond the near-mine targets, Falconbridge also investigated and drill tested other prospects within the intrusive complex, including Mølland and Oreknappen, which are also within the EMX land position. Drill results at Mølland, which include a historical intercept of 6.78 m @ 1.07% Ni, 0.27% Cu from 103.96 m depth (true width unknown), demonstrate additional upside potential on the project.³

Bamble Project Overview. The Bamble nickel-copper-cobalt project covers a 20-kilometer trend of mafic intrusions in the Bamble Belt. Multiple nickel and copper occurrences have been documented on the Bamble property, many of which have historical mine workings including the Skaugen and Nystein-Meikjaer target areas (see Figure 3). The Skaugen target is a 5 x 2 km magnetite-rich gabbroic pluton with a strong geophysical signature. There are disseminated sulfide occurrences around the periphery of the intrusion, with conductive EM anomalies in the center, many of which have never been drill tested.

More information on the Projects can be found at www.EMXroyalty.com.

About EMX. EMX is a precious, base and battery metals royalty company. EMX’s investors are provided with discovery, development, and commodity price optionality, while limiting exposure to risks inherent to operating companies. The Company’s common shares are listed on the NYSE American Exchange and TSX Venture Exchange under the symbol “EMX”, and also trade on the Frankfurt exchange under the symbol “6E9”. Please see www.EMXroyalty.com for more information.

For further information contact:

David M. Cole
President and Chief Executive Officer
Phone: (303) 973-8585
Dave@emxroyalty.com

Scott Close
Director of Investor Relations
Phone: (303) 973-8585
SClose@emxroyalty.com

Isabel Belger
Investor Relations (Europe)
Phone: +49 178 4909039
IBelger@EMXroyalty.com

Forward-Looking Statements

Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release or as of the date otherwise specifically indicated herein. Due to risks and uncertainties, including the risks and uncertainties identified in this news release, and other risk factors and forward-looking statements listed in the Company’s MD&A for the quarter ended March 31, 2023 (the “MD&A”), and the most recently filed Annual Information Form (“AIF”) for the year ended December 31, 2022, actual events may differ materially from current expectations. More information about the Company, including the MD&A, the AIF and financial statements of the Company, is available on SEDAR at www.sedar.com and on the SEC’s EDGAR website at www.sec.gov.

Figure 1. Location Map of EMX Royalty Properties

To view an enhanced version of Figure 1, please visit:
https://images.newsfilecorp.com/files/1508/174487_1d491acdb4ceeb05_002full.jpg

Figure 2. Overview Map of Flåt Project with Historical Production Annotated
(see footnote 2 for historical production reference)

To view an enhanced version of Figure 2, please visit:
https://images.newsfilecorp.com/files/1508/174487_1d491acdb4ceeb05_003full.jpg

Figure 3. Overview Map of Bamble Project on TMI Magnetics

To view an enhanced version of Figure 3, please visit:
https://images.newsfilecorp.com/files/1508/174487_1d491acdb4ceeb05_004full.jpg

¹ The work commitment for the Bamble project will increase to $300,000 per year following the 3^rd anniversary of the IPO.

² Historical production values provided by the Norwegian Geologic Survey in “The Ore Database”. (https://aps.ngu.no/pls/oradb/minres_deposit_fakta.Main?p_objid=5253&p_spraak=E). EMX has not performed sufficient work to verify the published assay data reported above, and these data cannot be verified as compliant with NI 43-101 standards, however EMX considers them reliable and relevant.

³ The historical drilling was completed by Sulfidmalm in 1968 and 1970 as reported to NGU in ‘The Sulfidemalm 2005 Annual Report’. EMX has not performed sufficient work to verify the historical drill results. However, from independent assessment, EMX considers the historical results to be reliable and relevant as an example providing general context for mineralization occurring on the property.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/174487

Base Metals Diamcor Mining Precious Metals

Diamcor Deploys Additional Heavy Equipment to Support Bulk Sampling and Targeted Increases in Processing Volumes

Post author By admin
Post date July 18, 2023

KELOWNA, BC / ACCESSWIRE / July 18, 2023 / Diamcor Mining Inc. (TSXV.DMI)(OTCQB-DMIFF)(FRA:DC3A), (“Diamcor” or the “Company”), a Canadian diamond mining company with a well-established proven history in the mining, exploration, and sale of rough diamonds, announced today that in addition to the previously announced recent completion of the reconfiguration of generator systems to mitigate the limitations of increased power outages, it has also added another new large excavator to its heavy equipment fleet at its Krone-Endora at Venetia diamond mine project (the “Project”).

The Company is pleased to announce it completed the repayment of its current Caterpillar equipment fleet in July of 2023, and this additional large excavator will now provide the Company with the potential for additional processing volume capacities, diamond recoveries, and associated revenues moving forward.

“We are very pleased to have completed the final payments on our existing heavy equipment,” stated Mr. Dean H. Taylor Chief Executive Officer of Diamcor. “The addition of another large excavator provides our Company with redundancy and added capacity as we begin efforts on the previously announced bulk sampling efforts over the greater areas of the Project”.

About Diamcor Mining Inc.

Diamcor Mining Inc. is a fully reporting publicly traded Canadian diamond mining company with a well-established proven history in the mining, exploration, and sale of rough diamonds. The Company’s primary focus is on the mining and development of its Krone-Endora at Venetia Project which is co-located and directly adjacent to De Beers’ Venetia Diamond Mine in South Africa. The Venetia diamond mine is recognized as one of the world’s top diamond-producing mines, and the deposits which occur on Krone-Endora have been identified as being the result of shift and subsequent erosion of an estimated 50M tonnes of material from the higher grounds of Venetia to the lower surrounding areas in the direction of Krone and Endora. The Company focuses on the acquisition and development of mid-tier projects with near-term production capabilities and growth potential and uses unique approaches to mining that involves the use of advanced technology and techniques to extract diamonds in a safe, efficient, and environmentally responsible manner. The Company has a strong commitment to social responsibility, including supporting local communities and protecting the environment.

About the Tiffany & Co. Alliance

The Company has established a long-term strategic alliance and first right of refusal with Tiffany & Co. Canada, a subsidiary of world-famous New York based Tiffany & Co., to purchase up to 100% of the future production of rough diamonds from the Krone-Endora at Venetia Project at market prices. In conjunction with this first right of refusal, Tiffany & Co. Canada also provided the Company with financing in an effort to advance the Project as quickly as possible. Tiffany & Co. is now owned by Moet Hennessy Louis Vuitton SE (LVMH), a publicly traded company which is listed on the Paris Stock Exchange (Euronext) under the symbol LVMH and on the OTC under the symbol LVMHF. For additional information on Tiffany & Co., please visit their website at www.tiffany.com.

About the Krone-Endora at Venetia Project

Diamcor acquired the Krone-Endora at Venetia Project from De Beers Consolidated Mines Limited, consisting of the prospecting rights over the farms Krone 104 and Endora 66, which represent a combined surface area of approximately 5,888 hectares directly adjacent to De Beers’ flagship Venetia Diamond Mine in South Africa. The Company subsequently announced that the South African Department of Mineral Resources had granted a Mining Right for the Krone-Endora at Venetia Project encompassing 657.71 hectares of the Project’s total area of 5,888 hectares. The Company has also submitted an application for a mining right over the remaining areas of the Project. The deposits which occur on the properties of Krone and Endora have been identified as a higher-grade “Alluvial” basal deposit which is covered by a lower-grade upper “Eluvial” deposit. These deposits are proposed to be the result of the direct-shift (in respect to the “Eluvial” deposit) and erosion (in respect to the “Alluvial” deposit) of an estimated 1,000 vertical meters of material from the higher grounds of the adjacent Venetia Kimberlite areas. The deposits on Krone-Endora occur with a maximum total depth of approximately 15.0 metres from surface to bedrock, allowing for a very low-cost mining operation to be employed with the potential for near-term diamond production from a known high-quality source. Krone-Endora also benefits from the significant development of infrastructure and services already in place due to its location directly adjacent to the Venetia Mine, which is widely recognised as one of the top producing diamond mines in the world.

Qualified Person Statement:

Mr. James P. Hawkins (B.Sc., P.Geo.), is Manager of Exploration & Special Projects for Diamcor Mining Inc., and the Qualified Person in accordance with National Instrument 43-101 responsible for overseeing the execution of Diamcor’s exploration programmes and a Member of the Association of Professional Engineers and Geoscientists of Alberta (“APEGA”). Mr. Hawkins has reviewed this press release and approved of its contents.

On behalf of the Board of Directors:

Mr. Dean H. Taylor
President & CEO
Diamcor Mining Inc.
www.diamcormining.com

For further information contact:

Mr. Dean H. Taylor
Diamcor Mining Inc
DeanT@Diamcor.com
+1 250 862-3212

For Investor Relations contact:

Mr. Rich Matthews Mr. Neil Simon
Integrous Communications Investor Cubed Inc
rmatthews@integcom.us nsimon@investor3.ca
+1 (604) 355-7179 +1 (647) 258-3310

This press release contains certain forward-looking statements. While these forward-looking statements represent our best current judgement, they are subject to a variety of risks and uncertainties that are beyond the Company’s ability to control or predict and which could cause actual events or results to differ materially from those anticipated in such forward-looking statements. Further, the Company expressly disclaims any obligation to update any forward looking statements. Accordingly, readers should not place undue reliance on forward-looking statements.

WE SEEK SAFE HARBOUR

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Diamcor Mining Inc.

Energy Junior Mining Lion One Metals Precious Metals

Lion One Reports Robust Gold Grades from Tuvatu Mine in Fiji

Post author By admin
Post date July 13, 2023

Face Sampling Returns 19.91 g/t Au over 35 m, Peak Value of 246 g/t Au

North Vancouver, British Columbia–(Newsfile Corp. – July 13, 2023) – Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) (“Lion One” or the “Company”) is pleased to report successful mining results and better than expected grades from underground developments at its 100% owned Tuvatu Alkaline Gold Project in Fiji.

Face sampling on the URW1a lode returned 19.91 g/t Au over the first 35 m of mining, while face sampling on the URW1b lode returned 9.60 g/t Au over the first 22.5 m of mining. The URW1 lode system was originally modelled as a single lode with average grade of 14.05 g/t Au. The grade from the URW1a lode is therefore stronger than anticipated while the grade from the URW1b lode represents additional upside.

Highlights of Face Sampling Results:

43.49 g/t Au over 2.1 m (including 61.67 g/t Au over 1.40m) (1140.URW1.NTH.OD-A_17)
34.33 g/t Au over 2.4 m (including 56.56 g/t Au over 1.10m) (1140.URW1.NTH.OD-A_12)
37.00 g/t Au over 2.0 m (including 56.01 g/t Au over 1.32m) (1140.URW1.NTH.OD-A_11)
31.62 g/t Au over 2.33 m (including 50.88 g/t Au over 0.63m) (1140.URW1.NTH.OD-A_16)
34.61 g/t Au over 2.1 m (including 52.81 g/t Au over 1.30m) (1140.URW1.NTH.OD-A_13)
31.52 g/t Au over 2.0 m (including 246.79 g/t Au over 0.23m) (1140.URW1.NTH.OD-A_02)
31.90 g/t Au over 1.9 m (including 60.23 g/t Au over 0.50m) (1140.URW1.NTH.OD-A_08)
25.61 g/t Au over 2.0 m (including 66.4 g/t Au over 0.75m) (1140.URW1.NTH.OD-A_01)
17.32 g/t Au over 1.96 m (including 25.42 g/t Au over 0.31m) (1140.URW1.NTH.OD-B_07)
16.09 g/t Au over 2.0 m (including 35.20 g/t Au over 0.52m) (1140.URW1.NTH.OD-B_11)
12.41 g/t Au over 2.2 m (including 30.50 g/t Au over 0.60m) (1140.URW1.NTH.OD-B_15)
15.77 g/t Au over 1.73 m (including 48.51 g/t Au over 0.36m) (1140.URW1.NTH.OD-B_17)

Lion One Chairman and CEO Walter Berukoff commented: “We’re very pleased with the results from our face sampling program on the URW1a and URW1b lodes at Tuvatu. Face samples are collected directly from the mining drive and as such they provide the most accurate representation of the grade of the material that we’re mining, and the results to date are much greater than expected. These results provide the first comprehensive view of the grade distribution within these lodes. Tuvatu has once again outperformed and as underground developments progress we’re beginning to see the true potential of the system.”

Face Sampling

Table 1. Highlights of Face Sampling from the URW1a and URW1b lodes

Face ID		From	To	Interval (m)	Au (g/t)
1140.URW1.NTH.OD-A_02		0.67	1.35	0.68	88.58
	including	0.67	0.90	0.23	246.79
	and	0.90	1.35	0.45	7.71
1140.URW1.NTH.OD-A_01		0.00	0.75	0.75	66.40
	including	0.00	0.56	0.56	51.20
	and	0.56	0.75	0.19	111.20
1140.URW1.NTH.OD-A_17		0.70	2.10	1.40	61.67
	including	0.70	1.35	0.65	33.47
	and	1.35	2.10	0.75	86.11
1140.URW1.NTH.OD-A_11		0.68	2.00	1.32	56.01
	including	0.68	1.20	0.52	75.53
	and	1.20	1.70	0.50	36.21
	and	1.70	2.00	0.30	55.19
1140.URW1.NTH.OD-A_13		0.80	2.10	1.30	52.81
	including	0.80	1.60	0.80	45.19
	and	1.60	2.10	0.50	65.01
1140.URW1.NTH.OD-A_12		1.30	2.40	1.10	56.56
	including	1.30	1.90	0.60	64.92
	and	1.90	2.40	0.50	46.52
1140.URW1.NTH.OD-A_16		0.76	1.93	1.17	37.21
	including	0.76	1.39	0.63	50.88
	and	1.39	1.86	0.47	13.08
	and	1.86	1.93	0.07	76.15
1140.URW1.NTH.OD-A_08		1.10	1.90	0.80	37.07
	including	1.10	1.50	0.40	43.56
	and	1.50	1.90	0.40	30.57
1140.URW1.NTH.OD-B_11		0.00	1.00	1.00	27.87
	including	0.00	0.48	0.48	19.94
	and	0.48	0.87	0.39	23.62
		0.87	1.00	0.13	69.93
1140.URW1.NTH.OD-B_07		0.00	0.76	0.76	25.59
	including	0.00	0.45	0.45	25.70
	and	0.45	0.76	0.31	25.42

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2178/173370_9cc80cc694a50a8e_001full.jpg

Figure 2. Plan map showing the location and face grades returned from face sampling in URW1a and URW1b. The URW1a mining drive is on the left and the URW1b mining drive is on the right. Face grades in g/t Au and their corresponding sample numbers are shown in white. The locations of the face samples are indicated by the sub-horizontal lines. Grid lines are 10 m apart. Mining is ongoing and progressing to the north.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2178/173370_figure2.jpg

Mining of the URW1 lodes has been ongoing since May 18th, 2023, and is being conducted through the use of airleg mining. Mining is progressing in a step-wise fashion with the mining drives advancing in increments of 2 m. Prior to blasting, a face sample is collected across the face of the advancing drive, with the sample being oriented approximately perpendicular to the strike of the mineralized lode (Figure 3). These samples lines are typically around 2 m in length and traverse the entire width of the drive such that they represent all the material mined and not just the main lode. The face samples are therefore considered representative of the grade at the face of the advancing drive and provide an indication of the grade of the material extracted with each blast. The series of face samples collected progressively along the strike of the lode provide an estimate of the grade of the material mined from the lode to date. Due to the nature of mineralization at Tuvatu there is local variation in gold grades, and the more extensive the systematic sampling is the more accurate the depiction of the overall grade and gold content of each lode will be. For a description of the geology and mineralization of the URW1 lodes, see the Lion One news release dated April 25th, 2023.

Figure 3. Face sampling methodology, URW1a. Photo of the face and sample grades for the 1140.URW1.NTH.OD-A_12 face of the URW1a lode. Samples are marked with red paint with red numbers indicating sample interval boundaries in meters. Gold grades are indicated in white. The main lode is visible on the right side of the face and is highlighted by the yellow dashed lines. In this case the lode is trending towards the east (to the right side of the photo), and the miners will start mining in that direction with the next blast, as is seen in Figure 2 above at sample 1140.URW1.NTH.OD-A_12. Sample bags are visible towards the bottom of the image, with 4 samples taken across the face and an additional duplicate sample taken at the location of the main lode. Bag numbers are visible in the face photos as a QAQC measure. Samples are collected by chipping material off the face rock equally along the length of the sample line.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2178/173370_9cc80cc694a50a8e_057full.jpg

Figure 4. Examples of visible gold identified during sampling. Scratcher pen used for scale in top two images. Width of sampled in bottom image is 4.5 cm.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2178/173370_9cc80cc694a50a8e_058full.jpg

About Tuvatu
The Tuvatu Alkaline Gold Project is located on the island of Viti Levu in Fiji. The January 2018 mineral resource for Tuvatu as disclosed in the technical report “Technical Report and Preliminary Economic Assessment for the Tuvatu Gold Project, Republic of Fiji”, dated September 25, 2020, and prepared by Mining Associates Pty Ltd of Brisbane Qld, comprises 1,007,000 tonnes indicated at 8.50 g/t Au (274,600 oz. Au) and 1,325,000 tonnes inferred at 9.0 g/t Au (384,000 oz. Au) at a cut-off grade of 3.0 g/t Au. The technical report is available on the Lion One website at www.liononemetals.com and on the SEDAR website at www.sedar.com.

Qualified Person
In accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43- 101”), Sergio Cattalani, P.Geo, Senior Vice President Exploration, is the Qualified Person for the Company and has reviewed and is responsible for the technical and scientific content of this news release.

QAQC Procedures
Lion One adheres to rigorous QAQC procedures above and beyond basic regulatory guidelines in conducting its sampling, drilling, testing, and analyses. The Company utilizes its own fleet of diamond drill rigs, using PQ, HQ and NQ sized drill core rods. Drill core is logged and split by Lion One personnel on site. Samples are delivered to and analyzed at the Company’s geochemical and metallurgical laboratory in Fiji. Duplicates of all samples with grades above 0.5 g/t Au are both re-assayed at Lion One’s lab and delivered to ALS Global Laboratories in Australia (ALS) for check assay determinations. All samples for all high-grade intercepts are sent to ALS for check assays. All samples are pulverized to 85% passing through 75 microns. Gold analysis is carried out using fire assay with an AA finish. Samples that have returned grades greater than 10.00 g/t Au are then re-analyzed by gravimetric method. For samples that return greater than 0.50 g/t Au, repeat fire assay runs are carried out and repeated until a result is obtained that is within 10% of the original fire assay run. Lion One’s laboratory can also assay for a range of 71 other elements through Inductively Coupled Plasma Optical Emission Spectrometry (ICP-OES), but currently focuses on a suite of 9 important pathfinder elements. All duplicate anomalous samples are sent to ALS labs in Townsville QLD and are analyzed by the same methods (Au-AA26, and Au-GRA22 where applicable). ALS also analyses 33 pathfinder elements by HF-HNO3-HClO4 acid digestion, HCl leach and ICP-AES (method ME-ICP61).

About Lion One Metals Limited
Lion One’s flagship asset is 100% owned, fully permitted high grade Tuvatu Alkaline Gold Project, located on the island of Viti Levu in Fiji. Lion One envisions a low-cost high-grade underground gold mining operation at Tuvatu coupled with exciting exploration upside inside its tenements covering the entire Navilawa Caldera, an underexplored yet highly prospective 7km diameter alkaline gold system. Lion One’s CEO Walter Berukoff leads an experienced team of explorers and mine builders and has owned or operated over 20 mines in 7 countries. As the founder and former CEO of Miramar Mines, Northern Orion, and La Mancha Resources, Walter is credited with building over $3 billion of value for shareholders.

On behalf of the Board of Directors of
Lion One Metals Limited
“Walter Berukoff“, Chairman and CEO

Contact Investor Relations
Toll Free (North America) Tel: 1-855-805-1250
Email: info@liononemetals.com
Website: www.liononemetals.com

Neither the TSX Venture Exchange nor its Regulation Service Provider
accepts responsibility for the adequacy or accuracy of this release

Appendix 1: Complete Face Sample Results and Location Information

Table 2. Face Grade and Sample results from the URW1a lode (face grade >0.5 g/t Au)

Face ID	Face Sample Information				Total Sample Length (m)	Face Grade (Au g/t)
Face ID	From	To	Interval (m)	Au (g/t)	Total Sample Length (m)	Face Grade (Au g/t)
1140.URW1.NTH.OD-A_01	0	0.56	0.56	51.20	2.00	25.61
	0.56	0.75	0.19	111.20
	0.75	1.20	0.45	2.69
	1.20	2.00	0.80	0.25
1140.URW1.NTH.OD-A_02	0	0.67	0.67	2.96	2.00	31.52
	0.67	0.90	0.23	246.79
	0.90	1.35	0.45	7.71
	1.35	2.00	0.65	1.27
1140.URW1.NTH.OD-A_03	0	0.50	0.50	9.24	2.00	12.12
	0.50	0.86	0.36	6.52
	0.86	0.90	0.04	26.12
	0.90	1.36	0.46	1.45
	1.36	2.00	0.64	24.30
1140.URW1.NTH.OD-A_04	0	0.51	0.51	2.81	1.70	6.54
	0.51	0.71	0.20	14.37
	0.71	1.22	0.51	7.88
	1.22	1.70	0.48	5.83
1140.URW1.NTH.OD-A_06	0	0.47	0.47	3.67	2.00	5.86
	0.47	0.60	0.13	3.86
	0.60	1.00	0.40	0.06
	1.00	1.31	0.31	0.05
	1.31	2.00	0.69	13.69
1140.URW1.NTH.OD-A_07	0	0.70	0.70	34.75	2.20	12.01
	0.70	0.96	0.26	4.46
	0.96	1.55	0.59	0.20
	1.55	2.20	0.65	1.27
1140.URW1.NTH.OD-A_08	0	0.50	0.50	60.23	1.90	31.90
	0.50	1.10	0.60	1.41
	1.10	1.50	0.40	43.56
	1.50	1.90	0.40	30.57
1140.URW1.NTH.OD-A_09	0	0.55	0.55	0.80	2.10	6.25
	0.55	1.10	0.55	0.26
	1.10	1.80	0.70	16.67
	1.80	2.10	0.30	2.89
1140.URW1.NTH.OD-A_10	0	0.83	0.83	20.99	1.92	17.15
	0.83	1.53	0.70	15.26
	1.53	1.92	0.39	12.37
1140.URW1.NTH.OD-A_11	0	0.68	0.68	0.08	2.00	37.00
	0.68	1.20	0.52	75.53
	1.20	1.70	0.50	36.21
	1.70	2.00	0.30	55.19
1140.URW1.NTH.OD-A_12	0	0.60	0.60	15.53	2.40	34.33
	0.60	1.30	0.70	15.50
	1.30	1.90	0.60	64.92
	1.90	2.40	0.50	46.52
1140.URW1.NTH.OD-A_13	0	0.80	0.80	5.02	2.10	34.61
	0.80	1.60	0.80	45.19
	1.60	2.10	0.50	65.01
1140.URW1.NTH.OD-A_15	0	0.48	0.48	0.01	1.82	1.16
	0.48	1.04	0.56	2.80
	1.04	1.42	0.38	0.86
	1.42	1.82	0.40	0.52
1140.URW1.NTH.OD-A_16	0	0.76	0.76	0.07	2.33	31.62
	0.76	1.39	0.63	50.88
	1.39	1.86	0.47	13.08
	1.86	1.93	0.07	76.15
	1.93	2.33	0.40	75.20
1140.URW1.NTH.OD-A_17	0	0.70	0.70	7.14	2.10	43.49
	0.70	1.35	0.65	33.47
	1.35	2.10	0.75	86.11
1140.URW1.NTH.OD-A_18	0	0.70	0.70	6.84	2.30	2.40
	0.70	1.23	0.53	0.02
	1.23	2.00	0.77	0.15
	2.00	2.30	0.30	1.99
1140.URW1.NTH.OD-A_19	0	0.74	0.74	1.84	2.40	4.91
	0.74	1.39	0.65	4.61
	1.39	1.86	0.47	1.67
	1.86	2.40	0.54	12.30

Table 3. Face Grade and Sample results from the URW1b lode (face grade >0.5 g/t Au)

Face ID	Face Sample Information				Total Sample Length (m)	Face Grade (Au g/t)
Face ID	From	To	Interval (m)	Au (g/t)	Total Sample Length (m)	Face Grade (Au g/t)
1140.URW1.NTH.OD-B_02	0	0.50	0.50	0.56	2.00	2.75
	0.50	1.20	0.70	0.61
	1.20	1.56	0.36	2.22
	1.56	2.00	0.44	9.09
1140.URW1.NTH.OD-B_07	0	0.45	0.45	25.70	1.96	17.32
	0.45	0.76	0.31	25.42
	0.76	0.91	0.15	5.81
	0.91	1.13	0.22	13.70
	1.13	1.96	0.83	12.79
1140.URW1.NTH.OD-B_08	0	0.47	0.47	7.93	1.70	6.31
	0.47	0.70	0.23	14.04
	0.70	1.20	0.50	3.18
	1.20	1.70	0.50	4.37
1140.URW1.NTH.OD-B_09	0	0.50	0.50	0.60	1.95	2.01
	0.50	1.00	0.50	0.13
	1.00	1.50	0.50	6.82
	1.50	1.95	0.45	0.33
1140.URW1.NTH.OD-B_10	0	0.45	0.45	10.69	2.10	5.7
	0.47	0.86	0.39	2.24
	0.86	1.10	0.24	22.56
	1.10	2.10	1.00	0.76
1140.URW1.NTH.OD-B_11	0	0.48	0.48	19.94	2.00	16.09
	0.48	0.87	0.39	23.62
	0.87	1.00	0.13	69.93
	1.00	2.00	1.00	4.30
1140.URW1.NTH.OD-B_12	0	0.75	0.75	6.48	3.30	10.76
	0.75	1.40	0.65	4.61
	1.40	2.00	0.60	0.48
	2.00	2.70	0.70	11.66
	2.70	3.30	0.60	31.98
1140.URW1.NTH.OD-B_13	0	0.60	0.60	0.01	1.70	0.01
	0.60	1.11	0.51	0.01
	1.11	1.50	0.39	0.01
	1.50	1.70	0.20	0.01
1140.URW1.NTH.OD-B_15	0	0.70	0.70	2.90	2.20	12.41
	0.70	1.30	0.60	30.50
	1.30	1.50	0.20	10.13
	1.50	2.20	0.70	7.06
1140.URW1.NTH.OD-B_17	0	0.70	0.70	2.87	1.73	15.77
	0.70	1.06	0.36	48.51
	1.06	1.42	0.36	11.90
	1.42	1.73	0.31	11.36

Table 4. Coordinates for face sample lines reported in this release, using the end of the sample line as the reference point. Coordinates are in Fiji map grid.

Face ID	Easting	Northing	Elevation
1140.URW1.NTH.OD-A_01	1876336	3920736	141
1140.URW1.NTH.OD-A_02	1876336	3920738	141
1140.URW1.NTH.OD-A_03	1876336	3920739	141
1140.URW1.NTH.OD-A_04	1876336	3920741	141
1140.URW1.NTH.OD-A_06	1876336	3920743	141
1140.URW1.NTH.OD-A_07	1876335	3920745	141
1140.URW1.NTH.OD-A_08	1876335	3920747	141
1140.URW1.NTH.OD-A_09	1876335	3920750	141
1140.URW1.NTH.OD-A_10	1876335	3920752	141
1140.URW1.NTH.OD-A_11	1876335	3920754	142
1140.URW1.NTH.OD-A_12	1876335	3920756	142
1140.URW1.NTH.OD-A_13	1876336	3920758	142
1140.URW1.NTH.OD-A_15	1876337	3920762	141
1140.URW1.NTH.OD-A_16	1876338	3920764	141
1140.URW1.NTH.OD-A_17	1876338	3920765	141
1140.URW1.NTH.OD-A_18	1876339	3920766	141
1140.URW1.NTH.OD-A_19	1876340	3920768	141
1140.URW1.NTH.OD-B_02	1876349	3920738	144
1140.URW1.NTH.OD-B_07	1876349	3920744	142
1140.URW1.NTH.OD-B_08	1876348	3920745	141
1140.URW1.NTH.OD-B_09	1876348	3920748	141
1140.URW1.NTH.OD-B_10	1876348	3920749	141
1140.URW1.NTH.OD-B_11	1876349	3920752	141
1140.URW1.NTH.OD-B_12	1876349	3920754	141
1140.URW1.NTH.OD-B_15	1876349	3920759	141
1140.URW1.NTH.OD-B_17	1876349	3920762	141

Base Metals Emx Royalty Exclusive Interviews Junior Mining Precious Metals

2023 Rule Symposium Preview – David Cole, CEO of EMX Royalty Corp

Post author By admin
Post date July 8, 2023

Rule Investment Media Proudly Presents…
Exclusive On-Demand Livestream of the
Rule Symposium on Natural Resource Investing

JOIN THE ONLY INDUSTRY EVENT WHERE YOU CAN CONNECT 1-ON-1 WITH INDUSTRY INSIDERS, TOP EXECUTIVES, BILLIONAIRE INVESTMENT EXPERTS AND MORE!

THIS July 23-27 we’re livestreaming to give you every presentation… and the BIGGEST opportunities… live from the Rule Symposium. PLUS – special bonus content, too! You won’t want to miss out…

Don’t hesitate! To access the livestream and on-demand presentations, you must purchase before the Symposium ends on July 27, 2023.
Dear Friends,When it comes to navigating the current market…There’s no shortage of advice right now.Some say… “It’s time to buy the dip!”Some warn… “You haven’t seen the worst of it yet!”And, some just throw their hands up in the air and say… “It’s anyone’s guess!”I don’t know about you…But when it comes to my money… the last thing I want to do is play guessing games.That’s why – year after year – for 20 years and counting…I’ve been a host of the Natural Resource Investment Symposium.As the industry’s most regarded event, the Rule Symposium focuses on connecting you with the top resource and commodities experts – and opportunities – around the world.We’re talking dozens of industry insiders… top executives… billionaire investment experts… and more…All eager to give YOU exclusive access to their most profitable ideas.It’s a priceless opportunity, no doubt. And I have yet to see another investment conference that even comes close in comparison.Connect With the Biggest and Brightest Names
In Resource and Commodities MarketsFor this year’s annual Rule Symposium on Natural Resource Investing, we pulled out all the stops to connect our live – and virtual – attendees with the very best in the business.Of course, we’ve locked in a stellar lineup of experts for you to interact with during the On- Demand Livestream. For a complete list of speakers, click here.Friends, I can’t stress this enough…It would be impossible to gain access to this caliber of speakers anywhere else.In fact, many of these speakers rarely participate in any other financial or resource conferences.But thanks to our Livestream/On-Demand access….You’ll have the chance to hear this elite team share their success stories… candid insights… and recommendations for profiting through the current bear market…Even if you can’t join us in person.What You Can Expect from the Rule Symposium
Livestream/On-Demand PackageWhile we would love to see all our readers in person for the Rule Symposium in July, we understand for some of you that will not be possible.That is why we’ve created a way for you to attend this event… from the comfort of your home!Just to be clear…This will NOT be your typical online event.In fact, when you claim your access to our livestream/on-demand event today, you’ll get…Access to Every Presentation, Live and in Real Time: Every presentation, including all workshops, panels, and fireside chats will be available to view in real time and on-demand.Livestream Video On-Demand Archives: We will be storing every presentation from the event online through December 31, 2023.Access to our Exclusive Event App – All in the Loop: You can use this on your phone or computer for quick, easy access to any of the featured presentations you do not want to miss.Access to our Virtual Sponsor Booths – Not only will you get every presentation, but you will also have the chance to chat with our online virtual sponsors at their booths.One-on-One Meetings– You will be able to set up one-on-one meetings during the live event (July 25-27) with any of our sponsors or even other attendees and even after the event.Please note: All these benefits are included for those who are joining us in person. If you would rather attend in person, tickets are still available.Claim Your Seat to Our On-DemandCLICK HERE Stream TODAY!When you register for our On Demand Livestream Package now, your price to attend this virtual event is just $299, but you must register before July 27^th.Sincerely,
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Base Metals Emx Royalty

EMX Royalty Announces Voting Results from Its 2023 Annual General and Special Meeting of Shareholders

Post author By admin
Post date June 28, 2023

Vancouver, British Columbia–(Newsfile Corp. – June 28, 2023) – EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the “Company” or “EMX”) is pleased to report that all proposed resolutions were approved at the Company’s Annual General and Special Meeting of shareholders held on June 28, 2023, in Vancouver, British Columbia (the “Meeting“). The number of directors was set at 6 and all director nominees, as listed in the Management Information Circular dated May 13, 2023 (the “Information Circular”), were elected as directors of the Company at the Meeting to serve for a one-year term and hold office until the next annual meeting of shareholders. According to the proxy votes received from shareholders, the results were as follows:

Director	Votes FOR	Votes WITHHELD
David M. Cole	96.58%	3.42%
Sunny Lowe	96.01%	3.99%
Henrik Lundin	96.27%	3.73%
Larry M. Okada	93.66%	6.34%
Geoff Smith	96.44%	3.56%
Michael D. Winn	99.19%	0.81%

Shareholders voted 97.22% in favour of setting the number of directors at six, 99.11% in favour of appointing Davidson & Company LLP, Chartered Accountants as auditors, 94.50% in favour of ratifying and approving the Company’s Stock Option Plan, 94.46% in favor of approving certain amendments to the Company’s Stock Options Plan; and 94.51% in favor of approving certain amendments to the Company’s Restricted Share Unit Plan.

Voting results for all resolutions noted above are reported in the Report on Voting Results as filed under the Company’s SEDAR profile on June 28, 2023.

About EMX. EMX is a precious, base and battery metals royalty company. EMX’s investors are provided with discovery, development, and commodity price optionality, while limiting exposure to risks inherent to operating companies. The Company’s common shares are listed on the NYSE American Exchange and TSX Venture Exchange under the symbol “EMX”, and also trade on the Frankfurt exchange under the symbol “6E9”. Please see www.EMXroyalty.com for more information.

For further information contact:

David M. Cole
President and CEO
Phone: (303) 973-8585
Dave@EMXroyalty.com

Scott Close
Director of Investor Relations
Phone: (303) 973-8585
SClose@EMXroyalty.com

Isabel Belger
Investor Relations (Europe) Phone: +49 178 4909039
IBelger@EMXroyalty.com

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Category: Blog

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EMX Royalty Announces Voting Results from Its 2023 Annual General and Special Meeting of Shareholders

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