Core Viewpoint - EMX Royalty Corporation has entered into an exploration and option agreement with Ridgeline Minerals for the Trench oxide gold project in Nevada, which includes cash and share payments, a 3% net smelter returns royalty, and annual advanced royalty payments upon option exercise [1][4]. Group 1: Project Overview - The Trench Project is an oxide gold, Carlin-type system located in Eureka County, Nevada, approximately 30 kilometers southwest of Carlin [2]. - Historical exploration in the 1990s included surface trenching and limited drilling, with results remaining unknown [2]. - EMX's recent fieldwork has identified significant silicification within the Ordovician section, which may represent overlooked mineralization potential [2][3]. Group 2: Agreement Details - Ridgeline can earn a 100% interest in the Project by making an execution payment of 250,000 shares, option payments totaling $650,000, and completing $500,000 in exploration expenditures over five years [4]. - Upon exercise of the option, EMX will retain a 3% NSR royalty interest, with the possibility for Ridgeline to buy back up to 1% of the royalty [5]. - Ridgeline will also make annual advance royalty payments of $50,000, which will cease upon the commencement of commercial production [5]. Group 3: Strategic Implications - The Trench Agreement represents EMX's strategy to grow its royalty portfolio at a nominal cost while providing near-term cash flow and future exploration upside [3]. - This agreement marks the fourth collaboration between EMX and Ridgeline, highlighting Ridgeline's ongoing efforts to assemble and advance projects in Nevada [3].

Core Viewpoint - EMX Royalty Corporation has executed an exploration royalty agreement with Galileo Resources for the Ferber polymetallic project in Nevada, allowing EMX to earn up to a 1% net smelter returns royalty through exploration and management services [2][6]. Project Overview - The Ferber Project is a copper-gold system located in eastern Nevada, with historical production of copper, lead, silver, and gold dating back to the late 1800s [3]. - Historical drilling in the 1980s-1990s showed encouraging results for gold and copper, which are favorable given current metal prices [3]. Geological Potential - Mineralization at Ferber is centered around an Eocene-age composite intrusive center, indicating potential for a porphyry copper-gold system and associated mineralization [4]. - The geological setting and hydrothermal alteration at Ferber have analogues to other significant porphyry systems in the Great Basin [4]. Agreement Details - The agreement allows EMX to earn a 1% NSR royalty through two milestones: a 0.33% NSR for target generation and an additional 0.67% NSR for managing the first phase of exploration drilling [6]. - EMX will receive a 7.5% management fee for the reconnaissance drilling program, with all exploration work funded by Galileo [6]. Future Plans - EMX plans to commence work on the Target Generation program imminently, indicating a proactive approach to advancing the Ferber Project [5]. - Should Galileo wish to extend the exploration program, further assistance from EMX would require a new agreement [7]. Business Model - This transaction exemplifies EMX's royalty generation business model, leveraging geological expertise to add value to partner-funded exploration programs in exchange for royalty interests [8].

Core Insights - EMX Royalty Corporation reported significant growth in adjusted royalty revenue and adjusted EBITDA for Q1 2025, with adjusted royalty revenue reaching $10.8 million, a 40% increase year-over-year, and adjusted EBITDA at $7.1 million, up 120% compared to the same quarter in 2024 [6][15][3] Financial Performance - Total revenue and other income for Q1 2025 was $8.4 million, compared to $6.24 million in Q1 2024, marking a 35% increase [4][15] - General and administrative costs were $2.17 million, slightly up from $2.15 million in the previous year [4] - Net income for the quarter was $1.26 million, a turnaround from a net loss of $2.23 million in Q1 2024 [4] - Cash flows from operating activities increased to $1.29 million from $1.03 million year-over-year [4][33] Key Strategic Developments - The company completed the acquisition of an additional royalty interest in the Chapi Mine, enhancing its portfolio [3][9] - EMX has maintained its 2025 guidance, projecting GEOs sales of 10,000 to 12,000 and adjusted royalty revenue between $26 million and $32 million [7] - The company repurchased and canceled 1,479,792 shares during the quarter, completing its original Normal Course Issuer Bid program [11] Capital Management - EMX's cash and cash equivalents as of March 31, 2025, were $19.2 million, with a working capital surplus of $36.1 million, indicating strong financial flexibility [6] - The company has established capital allocation goals for 2025, focusing on portfolio growth through its producing assets at Caserones and Timok [8] - A $10 million acquisition of a royalty on the Chapi Copper Mine is expected to contribute to revenue starting in 2026 [9] Production and Revenue Sources - The company sold a total of 3,756 GEOs in Q1 2025, compared to 3,696 GEOs in Q1 2024 [16][36] - Key revenue sources included Gediktepe ($4.3 million), Caserones ($3.0 million), and Timok ($1.6 million) [16][15] Future Outlook - EMX is well-positioned to identify new royalty and investment opportunities while continuing to grow its pipeline of royalty generation properties [14] - The company anticipates continued revenue growth from its producing royalty assets and other property income [14]

Company Performance - Contango ORE, Inc. (CTGO) has gained approximately 39.5% year-to-date, significantly outperforming the Basic Materials sector, which has returned an average of 4.1% [4] - The Zacks Consensus Estimate for CTGO's full-year earnings has increased by 23.8% over the past 90 days, indicating improved analyst sentiment and a more positive earnings outlook [3] - Contango ORE, Inc. holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for continued performance [3][7] Industry Context - Contango ORE, Inc. is part of the Mining - Miscellaneous industry, which includes 58 companies and currently ranks 164 in the Zacks Industry Rank [6] - The Mining - Miscellaneous industry has gained an average of 5.1% year-to-date, indicating that CTGO is outperforming its industry peers [6] - Another stock in the Basic Materials sector, EMX Royalty Corp. (EMX), has also shown strong performance with a year-to-date increase of 25.4% and a Zacks Rank of 1 (Strong Buy) [4][5]

Group 1 - EMX Royalty Corp. is a notable stock in the Basic Materials sector, currently ranked 9 in the Zacks Sector Rank among 232 individual stocks [2] - The Zacks Rank system indicates that EMX has a strong buy rating (1), with a 66.7% increase in the consensus estimate for its full-year earnings over the past three months, reflecting improved analyst sentiment [3] - Year-to-date, EMX has returned 25.4%, significantly outperforming the Basic Materials group average return of 0.9% [4] Group 2 - EMX Royalty Corp. belongs to the Mining - Miscellaneous industry, which consists of 58 companies and is currently ranked 151 in the Zacks Industry Rank, with EMX outperforming the industry's average return of 0.8% [5] - In contrast, Givaudan SA, another stock in the Basic Materials sector, has a year-to-date return of 6.7% and is part of the Chemical - Specialty industry, which has seen a decline of -4.1% this year [4][6]

Core Insights - AbraSilver Resource Corp. has completed the final property payment of US$6.85 million to EMX Royalty Corporation, ahead of the original due date of July 31, 2025, and reduced from the initial obligation of US$7.0 million, securing 100% ownership of the Diablillos silver-gold project in Argentina [1][2]. Company Overview - AbraSilver is an advanced-stage exploration company focused on the Diablillos silver-gold project, which is located in the mining-friendly Salta and Catamarca provinces of Argentina [4]. - The current Proven and Probable Mineral Reserve estimate for the Diablillos project is 42.3 million tonnes grading 91 grams per tonne silver and 0.81 grams per tonne gold, containing approximately 124 million ounces of silver and 1.1 million ounces of gold, with significant exploration upside potential [4]. - The company has also entered into an earn-in option and joint venture agreement with Teck on the La Coipita project in San Juan province, Argentina [4]. Management Commentary - John Miniotis, President and CEO of AbraSilver, stated that the completion of the final payment is a key milestone that strengthens the company's financial position and allows for a focus on advancing the Diablillos Project towards production [3].

Core Points - EMX Royalty Corporation has received an early final property payment of US$6.85 million from AbraSilver Resource Corp, ahead of the original due date of July 31, 2025, which reduces the total obligation from US$7.0 million [1][2] - EMX retains a 1% Net Smelter Return (NSR) on AbraSilver's Diablillos project, which is an advanced silver and gold project located in Argentina [2] - The proceeds from the early payment will be used, along with existing cash, to make a US$10 million principal payment towards EMX's senior secured term loan facility with Franco-Nevada Corporation, reducing total long-term debt from US$35 million to US$25 million [3] Company Overview - EMX is a precious and base metals royalty company that provides investors with discovery, development, and commodity price optionality while limiting exposure to risks associated with operating companies [4] - The company's common shares are listed on the NYSE American Exchange and TSX Venture Exchange under the symbol "EMX" [4]

Stock Options and Grants - EMX granted a total of 840,500 Options to officers, directors, employees, and consultants, exercisable at a price of C$2.92 per share for five years[7]. - An aggregate of 483,000 RSUs with performance criteria were granted, featuring a 3-year cliff vesting provision, linked to total shareholder return and operational milestones[7]. - 358,000 RSUs with no performance criteria were granted, vesting in three equal tranches over a 3-year period[7]. - 116,000 cash-settled DSUs were granted to independent directors, redeemable upon retirement, resignation, or replacement[7].

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EMX Royalty Partner, Zijin Mining, Provides an Update on a New Copper and Gold Discovery in SerbiaMarch 27, 2025 2:30 PM EDT | Source: EMX Royalty Corp.Vancouver, British Columbia--(Newsfile Corp. - March 27, 2025) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (the "Company" or "EMX") is pleased to announce that its royalty partner at Timok in Serbia, Zijin Mining Group Co., Ltd. ("Zijin"), released their "Annual Results Announcement for the Year Ended 31 December 2024" on March 2 ...