2012 Balya Drill Program. Dedeman has reported 32 core holes totaling over 3,300 meters from this year’s drill program. The new drilling expanded the high-grade lead-zinc-silver mineralization in the main Hastanetepe zone to the east and southeast. Hastanetepe is a moderately dipping, 450 by 300 meter zone that occurs from depths of 10-20 meters to 200-300 meters as multiple stacked horizons of lead-zinc-silver mineralization hosted in limestones and dacites. The zone remains open for extension in multiple directions. This year’s drilling intersected new lead-zinc-silver horizons to the east and southeast that are notable for their relatively high grades over thick intervals. A table of drill intervals is given below. Please see attached map for more information.
---------------------------------------------------------------------------- From To Interval Pb Zn Ag Drill No (m) (m) (m)(i) % % g/t Comments ---------------------------------------------------------------------------- DB-67 25.6 27.0 1.4 8.84 1.63 177.00 Intersected ---------------------------------------------------- stacked 37.0 41.1 4.1 39.11 24.88 931.24 mineralized ---------------------------------------------------- horizons to including 37.0 39.6 2.6 52.87 18.67 1311.85 the southeast. ---------------------------------------------------- 44.0 46.9 2.9 8.79 4.39 129.30 ---------------------------------------------------- 75.0 93.0 18.0 10.99 5.96 126.57 ---------------------------------------------------- including 81.0 85.4 4.4 26.42 11.84 221.45 ---------------------------------------------------- including 86.9 88.0 1.1 29.59 7.18 502.00 ---------------------------------------------------------------------------- DB-68 24.2 28.2 4.0 10.59 9.40 184.40 Extended ---------------------------------------------------- mineralization including 24.2 26.6 2.4 14.16 11.54 254.92 to the east. ---------------------------------------------------------------------------- DB-73 3.0 9.0 6.0 1.77 1.52 20.67 Extended mineralization to the east. ---------------------------------------------------------------------------- DB-74 9.5 10.1 0.6 4.65 6.33 69.00 From a fan of ---------------------------------------------------- holes that 34.6 56.9 22.3 6.95 5.65 95.68 extended ---------------------------------------------------- mineralization including 49.0 56.9 7.9 15.42 12.33 219.94 to the east. ---------------------------------------------------------------------------- DB-75A 21.0 25.5 4.5 14.49 12.79 57.97 From a fan of holes that extended mineralization to the southeast. ---------------------------------------------------------------------------- DB-80 54.0 57.0 2.1 2.19 24.02 193.00 Extended mineralization to the southeast. ---------------------------------------------------------------------------- DB-81 24.0 30.0 6.0 21.99 4.66 97.83 Intersected ---------------------------------------------------- stacked including 25.5 27.0 1.5 54.02 2.10 1435.00 mineralized ---------------------------------------------------- horizons including 28.0 28.8 0.8 42.43 21.25 147.00 to the ---------------------------------------------------- southeast. 33.0 51.0 18.0 13.83 4.68 110.00 ---------------------------------------------------- 73.0 88.0 15.0 1.89 1.06 27.44 ---------------------------------------------------------------------------- DB-82 15.0 17.0 2.0 0.20 2.50 6.00 Extended ---------------------------------------------------- mineralization 24.0 25.5 1.5 13.83 4.68 110.00 to the southeast. ---------------------------------------------------------------------------- DB-89A 33.0 38.0 5.0 3.37 2.91 75.20 From a fan of ---------------------------------------------------- holes that 40.0 46.0 6.0 1.75 1.60 23.30 extended ---------------------------------------------------- mineralization 51.4 56.7 5.30 2.68 1.67 41.60 to the east. ---------------------------------------------------------------------------- (i) True widths estimated at 70-90% of reported intervals.
Comments on Sampling, Assaying, and QA/QC. Dedeman’s drill samples were collected in accordance with industry best practices that follow guidelines taken from EMX’s internal sampling and QA/QC procedures. This year’s drill samples were submitted to Dedeman’s Cadirkaya Mine laboratory in Turkey. Silver and base metal analyses were determined with aqua regia digestion and AAS techniques. Dedeman performs routine QA/QC analysis on their assay results, including the utilization of certified reference materials, blanks, and duplicate samples.
EMX has reviewed the drill core and QA/QC results, and conducted independent due diligence duplicate sampling that confirm Dedeman’s results. EMX’s samples were submitted to the ISO 9001:2000 and 17025:2005 accredited ALS Chemex laboratory in Vancouver, Canada for analysis. Silver and base metal analyses were determined by four acid digestion and ICP MS/AES techniques. Over limit analyses for lead (Pb greater than 20%) and zinc (Zn greater than 30%) were performed by volumetric titration techniques.
About EMX. Eurasian is a global gold and copper exploration company utilizing a partnership business model to explore the world’s most promising and underexplored mineral belts. Eurasian generates wealth via grassroots prospect generation, strategic acquisition and royalty growth.
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