EMX Royalty announced the execution of an exploration and option agreement regarding two Norwegian projects with Minco Silver Corporation. Both projects, namely the Sagvoll and Sulitjelma projects host VMS and magmatic sulfide nickel copper-style mineralization. At the Sagvoll project, EMX has identified multiple “walk-up” style drill targets based upon historical Xstrata data, while the past producing Sulitjema VMS district (1891-1991), contains unmined historical resources as well as multiple undrilled conductive anomalies along the main trend of mineralization.
Sagvoll and Sulitjelma project location (Source: www.emxroyalty.com)