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Eurasian Minerals announces the sale of the Sisorta JV Gold Property in Turkey


Eurasian Minerals is pleased to announce the execution of an Option Agreement with respect to the Sisorta gold property located idefinition of quarry crushing and screening plant machineryn north-central Turkey.


The Option Agreement is between EBX Madencilic, a Turkish corporation that controls the Sisorta property pursuant to a joint venture between its owners, and Colakoglu Ticari Yatirim A.S., a privately owned Turkish company. EBX Turkey is a joint venture owned 51% by a subsidiary of ASX listed Chesser Resources Limited and 49% by a subsidiary of EMX, and they are the "Sellers" under the Agreement. The obligations of EBX Turkey and the "Sellers" under the Agreement will be guaranteed by Chesser and EMX. The Sisorta JV project, located in the Eastern Pontides mineral belt, is a volcanic-hosted, near-surface, epithermal gold deposit with a NI 43-101 mineral resource at a 0.4 g/t cutoff of 91,000 indicated gold ounces from...

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