The Prospector News

EMX Royalty Purchase of Portfolio of Chilean Royalties from Revelo Resources

You have opened a direct link to the current edition PDF

Open PDF Close

Share this news article

EMX Royalty Purchase of Portfolio of Chilean Royalties from Revelo Resources






EMX Royalty Corporation (NYSE American: EMX) (TSX-V: EMX) is pleased to announce it has entered into an agreement to purchase net smelter returns royalty interests covering 18 properties in Chile from Revelo Resources Corp. for US$1,162,000. The agreement includes a provision for Revelo to repay a loan due to EMX totalling approximately US$369,907.


The 18 properties in EMX’s Royalty Portfolio consist of porphyry copper, IOCG (iron oxide copper-gold)/manto, and epithermal gold-silver projects (see Figure 1). The properties occur in northern Chile’s highly productive Coastal (i.e., Amancaya and Manto Verde), Paleocene (i.e., El Penon and Spence) and Domeyko (i.e., Escondida, Chuquicamata, and El Albra) metallogenic belts. The prospective geology and diversity of metals covered by the Royalty Portfolio provide EMX with significant discovery and commodity optionality. Nine properties are controlled by third parties and nine properties are controlled by Revelo, as listed in the table below (NSR royalty interest applies to all metals, except as noted):



Project Name Hectares (Approx.) Principal Commodities NSR Royalty Interest Project Owner
San Guillermo 12,000 Au-Ag 0.5% Austral Gold Ltd
Reprado 2,700 Au-Ag 1.0% Austral Gold Ltd
Limbo 5,600 Au-Ag 1.0% Austral Gold Ltd
Magallanes 1,000 Au-Ag 1.0% Austral Gold Ltd
Victoria Norte 38,400 Au-Ag / Cu-Mo 2.0% Hochschild Mining PLC
Kolla Kananchiari 3,900 Au-Cu-Ag 1.0%/0.5% * Masglas America Corp
San Valentino 1,100 Cu-Au-Mo 1.0% Atacama Copper Exploration
T4 1,900 Cu-Au 1.5% Atacama Copper Exploration
Las Animas 3,900 Cu-Au 1.5% Atacama Copper Exploration
Victoria Sur 6,600 Au-Ag-Cu 1.0% Revelo Resources
Arrieros 14,000 Cu-Mo-Au 1.0% Revelo Resources
Redondo-Veronica 5,000 Cu-Mo 1.0% Revelo Resources
Block 2 3,300 Cu-Mo 1.0% Revelo Resources
Block 3 10,000 Cu-Mo 1.0% Revelo Resources
Block 4 4,200 Cu-Mo 1.0% Revelo Resources
Cerro Blanco 6,500 Cu-Mo-Au 1.0% Revelo Resources
Cerro Buenos Aires 7,700 Cu-Mo-Au-Ag 1.0% Revelo Resources
Morros Blancos 7,900 Cu-Au-Mo 1.0% Revelo Resources


* 1% NSR precious metals, 0.5% NSR base metals


The purchase of the Royalty Portfolio from Revelo is an example of EMX’s successful execution of its royalty acquisition business strategy, which complements the Company’s royalty generation and strategic investment initiatives. The Company has a diversified portfolio of precious, base, palladium-platinum, and battery metals royalty interests and mineral property assets on five continents. Please see for more information.


Mr. 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 and base 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.


About Revelo.


Revelo is a Canadian company listed on the TSX Venture Exchange. Revelo has interests in an outstanding portfolio of projects prospective for gold and copper located along proven mineral belts in one of the world’s top mining jurisdictions – Chile. The Company has a vision to reward shareholders with wealth-generating mineral discoveries along Chile’s prime mineral belts, through leveraged and more efficient capital deployment, exploration, discovery and monetization.


Posted March 20, 2020

Share this news article


Osino Receives Multiple Project Finance Offers For the Development of the Twin Hills Gold Project, Namibia

Highlights Indicative term sheets received from eight European, A... READ MORE

February 3, 2023

Filo Mining Reports 1,776m at 0.70% CuEq and 1,297m at 1.00% CuEq

Filo Mining Corp. (TSX: FIL) (Nasdaq First North Growth Market: ... READ MORE

February 3, 2023

Candente Copper Announces Closing of Private Placement With Fortescue Metals

Candente Copper Corp. (TSX:DNT) (BVL:DNT) is pleased to announce ... READ MORE

February 3, 2023


Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) announces assay res... READ MORE

February 2, 2023


TinOne Resources Inc. (TSX-V: TORC) (OTCQB: TORCF)  is pleased t... READ MORE

February 2, 2023

We acknowledge the [financial] support of the Government of Canada.

Government of Canada Supported
Copyright 2023 The Prospector News