
Core Insights - EMX Royalty Corporation announced new exploration results from the Viscaria copper-iron-silver project in Northern Sweden, indicating multiple new mineralization discoveries [1][2] - The operator, Viscaria Gruvaktiebolag, is progressing with final permitting and has begun construction of a water treatment plant, aiming to commence production in 2026 [1][4] Exploration Results - Viscaria has completed over 9,000 meters of drilling in its first "near mine" exploration campaign, leading to the identification of new mineralization zones, including the newly defined "ABBA" zone [2][3] - Significant drill results include: - An intercept of 43.2 meters at 1.12% Cu and 31.35% Fe from depths of 1107 to 1050.2 meters in hole VDD24055 [3] - An intercept of 13.3 meters at 2.42% Cu and 4.96 g/t Ag from depths of 498.1 to 511.4 meters in drill hole VDD23116 [3] Royalty Structure - EMX's royalty interest covers the A, B, and D zones, consisting of a 0.5% NSR royalty that escalates to an uncapped 1% NSR royalty after $12 million has been paid to the royalty holder [5] Project Background - The Viscaria deposit is located near LKAB's Kiruna iron mine and is classified as part of the Iron-Oxide-Copper-Gold (IOCG) deposit type [6] - The mine has a history of ownership changes, with operations starting in 1983 and various companies involved until EMX acquired the royalty in 2009 [6]