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 March, 2015
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: March 2, 2015 |
By: |
/s/ Valerie Barlow |
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Name: |
Valerie Barlow |
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Title: |
Corporate Secretary |
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Eurasian Minerals Inc.
NEWS RELEASE |
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Eurasian Minerals Reports Year-End Exploration Results From
the Akarca Project,
Northwest Turkey
Vancouver, British Columbia, March 2, 2015 (TSX Venture:
EMX; NYSE MKT: EMXX) Eurasian Minerals Inc. (the
Company or EMX) is pleased to announce year-end exploration results from
the Akarca gold-silver project. The work was conducted by Çolakoglu Ticari
Yatirim A.S. ("Çolakoglu"), a privately owned Turkish company that signed an
option agreement in June 2013 to acquire the Akarca property for a combination
of cash payments, gold bullion, work commitments, and a retained royalty
interest to EMX's benefit. Çolakoglus 2014 exploration programs expanded and
further defined known zones of epithermal style gold and silver mineralization
across the district-scale Akarca project, and also identified new targets for
follow-up exploration. Recent drill results include an oxide drill intercept of
58.5 meters averaging 2.00 g/t gold and 15.3 g/t silver, with a higher grade
sub-interval of 2.6 meters averaging 35.31 g/t gold and 226.6 g/t silver. In
addition to drilling, Çolakoglu conducted over seven kilometers of trench
mapping and sampling. Please see attached map and
www.eurasianminerals.com for more information.
Drill Results. Çolakoglu recently reported exploration
results to EMX that included 63 diamond drill holes totaling approximately 5,870
meters of drilling conducted from mid-June through December 2014. This drilling
was focused on the near-surface, oxide gold-silver mineralized zones at
Kucukhugla, Fula, Hugla, Percem and Sarikaya Tepe. Drilling was conducted at a
nominal 25 to 50 meter spacing along strike of a given zone, as well as
reconnaissance step-outs at varying distances. Drill intercept highlights are
summarized below.
Drill Hole |
From (m) |
To (m) |
Length (m) |
Au (g/t) |
Ag (g/t) |
AuEq (g/t) |
Comments
|
Kucukhugla
Tepe |
AKC-131 |
0.0 |
18.3 |
18.3 |
0.61 |
13.2 |
0.85 |
Kucukhugla Tepe: TD = 98.5m,
oxidized, in-fill hole within the mineralized zone. True width
estimated at 45%.
|
|
31.5 |
90.0 |
58.5 |
2.00 |
15.3 |
2.28 |
including |
39.0 |
41.6 |
2.6 |
35.31 |
226.6 |
39.43 |
AKC-132 |
14.1 |
39.9 |
25.8 |
4.14 |
38.3 |
4.84 |
Kucukhugla Tepe: TD = 101.2m,
oxidized, in-fill hole within the mineralized zone. True width
estimated at 55%.
|
including |
27.3 |
28.2 |
0.9 |
111.50 |
906.0 |
128.00 |
|
65.9 |
99.6 |
33.7 |
0.33 |
3.5 |
0.39 |
AKC-145 |
4.6 |
37.8 |
33.2 |
0.96 |
18.3 |
1.29 |
Kucukhugla Tepe: TD = 86.5m,
oxidized, in-fill hole
within the mineralized zone. True width
estimated at 65%. |
including |
7.2 |
8.5 |
1.3 |
11.60 |
301.0 |
17.07 |
AKC-148 |
0.0 |
46.4 |
46.4 |
2.54 |
35.5 |
3.19 |
Kucukhugla Tepe: TD = 100m,
oxidized, in-fill hole within the mineralized zone. Vertical hole
likely drilled sub-parallel to a structure. True width is unknown.
|
including |
5.0 |
9.0 |
4.0 |
20.47 |
283.7 |
25.63 |
including |
26.0 |
26.9 |
0.9 |
6.47 |
109.0 |
8.45 |
|
54.0 |
79.2 |
25.2 |
1.04 |
1.9 |
1.07 |
including |
57.1 |
58.7 |
1.6 |
10.80 |
6.4 |
10.92 |
Fula
Tepe |
AKC-142 |
32.0 |
41.8 |
9.8 |
4.43 |
11.1 |
4.64 |
Fula Tepe: TD = 95m, oxidized,
drilled as an angled offset
of holes AKC-111 and -112 to the west.
True width estimated at 90%. |
including |
38.5 |
40.3 |
1.8 |
19.03 |
36.9 |
19.70 |
AKC-150 |
0.0 |
26.0 |
26.0 |
1.32 |
30.9 |
1.88 |
Fula Tepe: TD = 100m, oxidized,
in-fill hole within the
mineralized zone. True width estimated at 50%.
|
including |
6.2 |
7.1 |
0.9 |
8.28 |
213.0 |
12.15 |
AKC-167 |
45.7 |
58.3 |
12.6 |
2.94 |
46.2 |
3.78 |
Fula Tepe: TD = 74.4m, oxidized,
in-fill hole within the
mineralized zone. True width estimated at 75%.
|
including |
54.4 |
56.3 |
1.9 |
16.17 |
236.3 |
20.47 |
AKC-186 |
9.9 |
23.25 |
13.4 |
3.09 |
22.4 |
3.50 |
Fula Tepe: TD = 85m, oxidized,
step-out hole to the west of Fula Tepe. True width estimated at
35-65%.
|
including |
12.9 |
14.0 |
1.1 |
22.40 |
90.0 |
24.04 |
|
32.0 |
42.2 |
10.2 |
0.26 |
3.5 |
0.33 |
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69.5 |
82.4 |
12.9 |
0.53 |
3.9 |
0.60 |
Suite 501 543
Granville Street, Vancouver, British Columbia, Canada V6C 1X8
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Tel: (604) 688-6390 Fax: (604) 688-1157
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www.EurasianMinerals.com
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Percem
Tepe |
AKC-146 |
7.6 |
63.6 |
56.0 |
0.59 |
7.4 |
0.73 |
Percem Tepe: TD = 128.6m, oxidized,
mixed, and
unoxidized, a 35m step-out to the east of AKC-74. True
width estimated at 90% . |
including |
36.2 |
37.4 |
1.2 |
5.81 |
9.5 |
5.98 |
AKC-153 |
26.2 |
50.9 |
24.7 |
0.93 |
7.6 |
1.07 |
Percem Tepe: TD = 125m, oxidized, an
angled offset from
AKC-147 to the east. True width estimated at
50-75%. |
64.5 |
97.6 |
33.1 |
0.26 |
3.1 |
0.32 |
Sarikaya
Tepe |
AKC-165 |
52.7 |
92.6 |
39.9 |
0.72 |
16.4 |
1.02 |
Sarikaya Tepe: TD = 125m, oxidized, mixed and
unoxidized, drilled on the southwestern part of Sarikaya Tepe at
the base of the hill. True width estimated at 70%. |
AKC-168 |
70.3 |
110.2 |
39.9 |
1.89 |
7.9 |
2.04 |
Sarikaya Tepe: TD = 150m, unoxidized,
drilled on western
part of Sarikaya Tepe at the base of the hill. True
width estimated at 55%. |
including |
78.9 |
83.5 |
4.6 |
8.85 |
16.4 |
9.15 |
Hugla
Tepe |
AKC-190 |
8.5 |
67.0 |
58.5 |
0.61 |
4.9 |
0.70 |
Hugla Tepe: TD = 90m, oxidized, step-out hole
to the
southwest of the main zone at Hugla Tepe. True width
estimated at 50%. |
AKC-193 |
35.6 |
53.0 |
17.4 |
3.71 |
6.8 |
3.84 |
Hugla Tepe: TD = 95m, oxidized,
step-out hole to the
southwest of the main zone at Hugla Tepe. True
width estimated at 85%. |
including |
42.7 |
46.0 |
3.3 |
15.31 |
21.6 |
15.70 |
Notes: Intervals reported at a nominal 0.2 g/t Au cutoff and
minimum length of 7 m. Internal dilution allowance of up to 3.5m. Au equivalent
calculated as 55:1 Ag:Au ratio, and assumes that metallurgical recoveries and
net smelter returns are 100%.
The above intercepts are in addition to previously reported
2014 results from 26 core holes totaling 2,220 meters drilled by Çolakoglu
during the April to mid-June timeframe (see EMX news release dated July 17,
2014). A key result of Çolakoglus aggressive drill campaigns has been the
expansion and enhanced definition of the gold-silver mineralized zones described
below.
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Kucukhugla Tepe is a 600 meter long, northwest trending zone of parallel
vein systems that locally host higher grade mineralization. Recent drilling
continued to intersect high grade zones within broader intercepts of
gold-silver mineralization, with sub-intervals from AKC-131 of 2.6 meters
(39.0-41.6m) averaging 35.31 g/t Au and 226.6 g/t Ag, and from AKC-132 with
0.9 meters (27.3- 28.2m) averaging 111.50 g/t Au and 906.0 g/t Ag. The zone
remains open along strike.
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Fula Tepe is a broad corridor of veining and silicification with a strike
length of 800 meters and width of over 300 meters. This year's program has
systematically drill delineated the gold-silver mineralization in the main
zones at Fula Tepe and identified new, sub-parallel mineralized zones with
reconnaissance step-out drilling. The system remains open along strike to the
northeast and southwest.
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The Hugla Tepe prospect is a 650 meter long zone of oxide gold-silver
mineralization, quartz veining and IP-resistivity anomalies. The zone is
oriented along a northeast strike direction that is parallel to and
approximately 400 meters southeast of Fula Tepe. The final holes of
Çolakoglu's 2014 drilling campaign followed-up on a splay that broadens Hugla
Tepe towards the southwest, and include an intercept of 17.4 meters
(35.6-53.0m) averaging 3.71 g/t Au and 6.8 g/t in AKC-193.
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A target halfway between Hugla and Fula Tepe was drilled as a northeast
aligned fence of holes at approximately 100 meter spacings. This drilling was
designed to follow-up IP-resistivity anomalies, trench results, and earlier
reconnaissance holes. The drilling intersected gold-silver mineralization
along a 550 meter northeast trend, and defines a newly recognized zone of
concealed mineralization lying between the Hugla and Fula Tepe prospects.
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Sarikaya Tepe is the furthest west of the known zones of mineralization on
the property, and forms a distinctive north-south trending topographic high
held up by multiple vein sets and silicified wall rocks. Çolakoglus recent
drilling expanded the zone 75 meters to the east with a step-out hole.
Sarikaya is notable for hosting higher-grade mineralization, including an
oxide intercept reported earlier from AKC-70 of 36.4 meters (0-36.4m)
averaging 5.67 g/t Au and 53.31 g/t Ag, with a sub- interval of 2.15 meters
averaging 89.34 g/t Au and 835.16 Ag g/t (true width interpreted as 60-75% of
reported interval length, see EMX news release dated January 18, 2013).
Suite 501 543
Granville Street, Vancouver, British Columbia, Canada V6C 1X8
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Tel: (604) 688-6390 Fax: (604) 688-1157
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www.EurasianMinerals.com
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- Recent drilling at the Percem Tepe prospect on the east side of the
property extended the mineralized zone to the east and west of the previous
drilling. In addition, 2014 reconnaissance drilling identified a new target
200 meters to the north of the previous drilled area beneath a subcrop of
silicified boulders. The mineralization is hosted in two bodies of
silicified/replacement brecciated and veined material that appear to be gently
dipping to the northeast. This style of mineralization is a distinctive
feature of Percem Tepe, in which extensive zones of mineralized breccias and
replacement bodies have been encountered.
In addition to the zones above, Arap Tepe remains an important
target that was a focus of earlier drill programs. Arap Tepe hosts near-surface
oxide gold-silver mineralization developed in a series of east-west zones of
mineralization. Only one of these zones has been systematically drilled (Zone
A), with the other zones presenting upside exploration opportunities.
As exploration continues, it is clear that the continuity of
the near-surface oxide zones of structurally focused vein and disseminated
styles of mineralization are being successfully defined at a 25 to 50 meter
drill spacing. Furthermore, ongoing reconnaissance and step-out drilling are
demonstrating ample potential for new discoveries on the property. Follow-up
work will continue on these newly recognized areas of mineralization.
Other 2014 Work. Çolakoglu also completed approximately
seven kilometers of trenching, mapping, and sampling during 2014. Trenching and
mapping are important exploration tools at Akarca for identifying new areas with
exploration potential. Ongoing programs underway by Çolakoglu include
metallurgical and environmental assessment studies.
Akarca Property Overview. The Akarca project consists of
six drill defined zones of epithermal gold-silver mineralization, with several
additional mineralized zones identified within a district-scale area. EMXs
grassroots discovery and subsequent exploration successes at Akarca have led to
in-the-ground investments of over US $12 million by partner companies.
Since its discovery, 244 core and reverse circulation holes
totaling about 26,400 meters have been drilled at the Akarca project. This
drilling has been highly successful over multiple campaigns as indicated by the
gold equivalent grade times thickness product (AuEq g/t X meters)1.
From all project drilling, more than 50% of the holes total over 20 AuEq g/t X
meters, and of these 7% total over 90 AuEq g/t X meters. Further, 95% of the
holes drilled to date have at least one interval of mineralization > 0.2 g/t
Au. This success rate is remarkable considering that many of the targets are
concealed beneath cover, and speaks to the broad areas mineralized by the
gold-silver epithermal system(s) at Akarca.
1 Au equivalent (AuEq) calculated as 55:1 Ag:Au
ratio, and assumes that metallurgical recoveries and net smelter returns are
100%. AuEq grade X thickness calculated for intervals > 0.2 g/t Au and summed
as a total for a given drill hole.
Comments on Sampling, Assaying, and QA/QC. Çolakoglus
exploration samples are collected in accordance with industry best practice
standards and guidelines. These procedures and protocols were originally
established by EMX for the Akarca project. The samples were submitted to ALS
Chemex laboratories in Izmir, Turkey (ISO 9001:2000) and Vancouver, Canada (ISO
9001:2000 and 17025:2005 accredited) for sample preparation and analysis. Gold
was analyzed by fire assay with an AAS finish, and silver underwent aqua regia
digestion and analysis with MS/AES techniques. Over limit assays for gold (>
10 g/t Au) were conducted with fire assay and a gravimetric finish, and over
limit analyses for silver (> 100 g/t Ag) were performed with aqua regia
digestion and ICP/AES techniques. As standard procedure, Çolakoglu carries out
routine QA/QC analysis on all assay results, including the systematic
utilization of certified reference materials, blanks, and duplicate samples.
Suite 501 543
Granville Street, Vancouver, British Columbia, Canada V6C 1X8
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Tel: (604) 688-6390 Fax: (604) 688-1157
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www.EurasianMinerals.com
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About EMX. Eurasian Minerals leverages asset ownership
and exploration insight into partnerships that advance our mineral properties,
with EMX retaining royalty interests. EMX complements its generative business
with strategic investment and third party royalty acquisition.
Mr. Michael P. Sheehan, CPG, a Qualified Person as defined by
National Instrument 43-101 and employee of the Company, has reviewed, verified
and approved the disclosure of the technical information contained in this news
release.
-30-
For further information contact: |
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|
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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 |
|
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 Company's
current expectations and projections about its future results. When used in this
news release, words such as "estimate," "intend," "expect," "anticipate," "will"
and similar expressions are intended to identify forward-looking statements,
which, by their very nature, are not guarantees of the Company's future
operational or financial performance, and are subject to risks and uncertainties
and other factors that could cause Eurasian's 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
Company's MD&A for the nine-month period ended September 30, 2014 (the
"MD&A") and most recently filed Annual Information Form for the year ended
period ended December 31, 2013(the "AIF"), actual events may differ materially
from current expectations. More information about the Company, including the
MD&A, the AIF and financial statements of the Company, is available on SEDAR
at www.sedar.com and on the SEC's EDGAR website at
www.sec.gov.
Suite 501 543
Granville Street, Vancouver, British Columbia, Canada V6C 1X8
|
Tel: (604) 688-6390 Fax: (604) 688-1157
|
www.EurasianMinerals.com
|
Suite 501 543
Granville Street, Vancouver, British Columbia, Canada V6C 1X8
|
Tel: (604) 688-6390 Fax: (604) 688-1157
|
www.EurasianMinerals.com
|
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