UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of January 2016
Commission File Number: 001-35404
EURASIAN MINERALS INC.
(Translation of registrants name into English)
Suite 501 543 Granville Street
Vancouver,
British Columbia V6C 1X8
Canada
(Address of principal
executive offices)
Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F.
[ ] Form 20-F [X]
Form 40-F
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
SUBMITTED HEREWITH
Exhibits:
SIGNATURES
Pursuant to the requirements of
the Securities Exchange Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned, thereunto duly authorized.
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EURASIAN MINERALS INC. |
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(Registrant) |
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Date: January 25, 2016 |
By: |
/s/ Kim
Casswell |
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Name: |
Kim Casswell |
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Title: |
Corporate Secretary |
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Eurasian Minerals Inc.
NEWS RELEASE |
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Eurasian Minerals Provides an Update on Newmont's Exploration
Success from the
Leeville Royalty Property, Northern Carlin Trend,
Nevada
Vancouver, British Columbia, January 25, 2016 (TSX Venture:
EMX; NYSE MKT: EMXX) -- Eurasian Minerals Inc. (the Company or EMX) is
pleased to congratulate Newmont Mining Corporation ("Newmont") on its
exploration success from the Northern Carlin Trend that includes portions of the
Company's Leeville royalty property. Newmont has delineated a prospective
northwest-southeast trend of sediment-hosted gold mineralization that is over
five kilometers in length, and extends from the Leeville underground mining
complex to the Pete Bajo mine. Approximately 2.5 kilometers of this trend is
covered by EMX's Leeville royalty property. In addition, Newmont recently
achieved a major milestone with the completion and commissioning of the Turf
Vent Shaft project. EMX commends Newmont on its outstanding achievements, and
looks forward to further growth and development resulting from their efforts on
the Northern Carlin Trend and the Company's Leeville royalty property.
Leeville Royalty Property and Newmont's Exploration Success.
EMX retains a 1% gross smelter return ("GSR") royalty on the Leeville
property, which was acquired in August, 2012 (see EMX news release dated August
20, 2012). Since acquiring the Leeville royalty EMX has received approximately
US $7.46 million in royalty revenue from more than 5,300 equity ounces of gold
produced (current as of September 30, 2015 EMX third quarter financial
reporting). The Leeville royalty property includes much of the Leeville mine and
Four Corners deposit, lesser proportions of the Carlin East and Turf mines, and
exposure to the upside potential resulting from Newmont's exploration successes
at the Rita K and Full House gold deposits.
As given in Newmont's Investor Day Presentation of December,
2015 (the "Newmont Presentation")1 the Rita K deposit is outlined as
a west-northwest trend of gold mineralization that extends from the area of the
Leeville mine approximately 850 meters to the southeast. The mineralization is
portrayed by Newmont as sub-horizontal zones hosted in folded and faulted
Paleozoic sedimentary rocks that include the Roberts Mountains and Popovich
Formations, which are classic ore hosts of the Carlin Trend. Newmont reported
Rita K exploration drill intercepts that include 6.6 meters averaging 23.8 g/t
gold and 61 meters averaging 6.7 g/t gold (true widths not reported). As
schematically represented in the Newmont Presentation, the mineralized
intercepts occur at depths of approximately 450-650 meters below the surface.
Southeast of Rita K is the Full House deposit outlined in the
Newmont Presentation as an approximately 800 meter long northwest trend of
discrete lenses of gold mineralization. The mineralization also occurs in
sub-horizontal zones hosted in the Roberts Mountains and Popovich Formations.
Newmont reported Full House drill intercepts of 21 meters averaging 39.1 g/t
gold and 21.4 meters averaging 18.9 g/t gold (true widths not reported) at
depths of approximately 450-650 meters below the surface. As depicted in the
Newmont Presentation, the trend of gold mineralization at Full House extends to
the southeast and away from EMX's property position.
Newmont's exploration successes at the Rita K and Full House
gold deposits, which are in part contained within the Leeville royalty property,
highlight EMX's exposure to ongoing discoveries in the Northern Carlin Trend.
Turf Vent Shaft Completion. Newmont's Turf Vent Shaft
Project was commenced in 2013 and commissioned in late 20152. The
Turf Vent Shaft was sunk to a depth of approximately 2000 feet3
(approximately 610 m) below the surface, and totaled approximately $300-350
million in estimated capital expenditures4. Newmont has stated that
the project will provide the ventilation required to "increase production", "unlock" additional resources, and
impact "greater Leeville" (see Newmont's 2014-2015 10-Q and 2014 10-K filings),
which includes portions of EMX's royalty property position.
Suite 501 543 Granville Street, Vancouver, British
Columbia V6C 1X8, Canada
Tel: (604) 688-6390 Fax: (604)
688-1157
www.EurasianMinerals.com
1See
Investor-Day-Presentation-3Dec2015-(Final-merged).pdf page 83 of 127 at
http://www.newmont.com/investor-relations/investor-events.
2 See
http://ourvoice.newmont.com/2015/12/22/underground-teams-drive-success-of-turf-vent-shaft-project.
3 See
http://www.newmont.com/operations-and-projects/north-america/turf-vent-shaft-us/overview.
4 See Newmont news release dated October 28, 2015
and titled "Newmont Announces Third Quarter Operating and Financial Results".
About EMX. Eurasian is a global gold and copper
exploration company utilizing a partnership business model to explore the
world's most promising and underexplored mineral belts. Eurasian generates
wealth via grassroots prospect generation, strategic acquisition and royalty
growth. Please see www.eurasianminerals.com for more information.
Mr. Dean D. Turner, CPG, a Qualified Person as defined by
National Instrument 43-101 and consultant to the Company, has reviewed, verified
and approved the disclosure of the technical information contained in this news
release.
-30-
David M. Cole |
Scott Close |
President and Chief Executive Officer |
Director of Investor Relations |
Phone: (303) 979-6666 |
Phone: (303) 973-8585 |
Email: Dave@EurasianMinerals.com |
Email: SClose@EurasianMinerals.com
|
Website: www.EurasianMinerals.com |
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Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news
release may contain forward looking statements that reflect the Companys
current expectations and projections about its future results. These
forward-looking statements may include statements regarding perceived merit of
properties, exploration results and budgets, mineral reserves and resource
estimates, work programs, capital expenditures, timelines, strategic plans,
market prices for precious and base metal, or other statements that are not
statements of fact. When used in this news release, words such as estimate,
intend, expect, anticipate, will, believe, potential and similar
expressions are intended to identify forward-looking statements, which, by their
very nature, are not guarantees of the Companys future operational or financial
performance, and are subject to risks and uncertainties and other factors that
could cause Eurasians actual results, performance, prospects or opportunities
to differ materially from those expressed in, or implied by, these
forward-looking statements. These risks, uncertainties and factors may include,
but are not limited to: unavailability of financing, failure to identify
commercially viable mineral reserves, fluctuations in the market valuation for
commodities, difficulties in obtaining required approvals for the development of
a mineral project, increased regulatory compliance costs, expectations of
project funding by joint venture partners and other factors.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this news release
or as of the date otherwise specifically indicated herein. Due to risks and
uncertainties, including the risks and uncertainties identified in this news
release, and other risk factors and forward-looking statements listed in the
Companys MD&A for the nine-month period ended September 30, 2015 (the
MD&A) and most recently filed Annual Information Form for the year ended
December 31, 2014 (the AIF) and Form 20-F for the year ended December 31,
2014, actual events may differ materially from current expectations. More
information about the Company, including the MD&A, the AIF, financial
statements and Form 20-F of the Company, is available on SEDAR at
www.sedar.com and on the SECs EDGAR website at
www.sec.gov.
Suite 501 543 Granville Street, Vancouver, British
Columbia V6C 1X8, Canada
Tel: (604) 688-6390 Fax: (604)
688-1157
www.EurasianMinerals.com
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