- EMX Royalty (EMX) provides update of geochemical surveys of its gold projects in Australia
- Survey have identified gold-in-soil anomalies with several anomalies extending to the edges of the survey grids
- Results included 2.17 ppm gold in a new target area at Mt Steadman and several robust gold-in-soil anomalies at the Yarrol project
- EMX Royalty (EMX) is down 3.57 per cent at C$2.70 per share at 1:19 PM EST
EMX Royalty (EMX) has provided an update on geochemical surveys of the Mt Steadman and Yarrol gold projects in Queensland, Australia.
Gold-in-soil anomalies have been identified by surveys, with several anomalies extending to the edges of the survey grids. A total of 895 samples were collected.
Results included 2.17 ppm gold in a new target area at Mt Steadman, and results from the Yarrol project delineated several robust gold-in-soil anomalies.
EMX Royalty continues exploration programs on both projects.
The Mt Steadman project is an intrusion-related gold system in Queensland. It is located along the Perry Fault system, a major structural feature in the area.
The Yarrol project is located between EMX Royalty’s Queensland Gold Royalty and Evolution Mining’s Mt Rawdon gold mine.
EMX Royalty plans to carry out additional geochemical sampling programs at the Mt Steadman and Yarrol projects with the goal of identifying additional drill targets.
EMX Royalty has plans for drill programs in mid-2022.
EMX Royalty is a precious, base and battery metals royalty company.
EMX Royalty is down 3.57 per cent at C$2.70 per share at 1:19 PM EST.