EMX Royalty Corp. acquires a royalty interest in Armenia's Urasar gold-copper project for $1M.
EMX Royalty Corporation has bought a 0.625% royalty interest in Armenia's Urasar gold-copper project, owned by Hayasa Metals. For a combined $1 million, EMX and Franco-Nevada will share a 1.25% royalty interest on minerals from the project and nearby areas. The Urasar project, with a history of copper production, shows potential for significant discoveries due to new geochemical and geophysical data.
3 months ago
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