Eurasian Minerals Reports Zinc-Lead-Silver Shipment from Balya

Eurasian Minerals Inc. (TSXV:EMX,NYSEMKT:EMXX) announced that an initial zinc-lead-silver shipment has been made from the Turkey-based Balya property; the material is being sent for processing.
Dedeman Balya Kursun Cinko Isletmeleri AS is the owner and operator of Balya, and Eurasian holds an uncapped 4-percent NSR royalty on the property.
As quoted in the press release:

The Balya property is covered by one exploitation license. Since originally acquiring the property from EMX in 2006, Dedeman has conducted over 36,000 meters of diamond drilling in addition to the recent underground development. Drilling conducted during preparation for initial shaft sinking in 2013 encountered a zone of high grade lead-zinc-silver mineralization, including an intercept of 7.9 meters (49.0-56.9 m) averaging 15.42% lead, 12.33% zinc, and 219.9 g/t silver in hole DB-74 (true width interpreted as 70% of reported interval length). Based upon the encouraging drill results, Dedeman adjusted the location of the shaft and put the current mine plan into production earlier in 2015.
In addition to the Hastanetepe Zone, Dedeman’s earlier drilling identified lead-zinc-silver mineralization in the “Southern Zone” adjacent to the Esan Eczacıbaşı Endustriyel Hammaddeler Sanyai ve Tic. A.S. (“Esan”) underground mining complex. The Southern Zone highlights the upside exploration potential of the Balya property, as well as the possible synergies that could be realized with Esan’s nearby processing facilities.

Click here to read the full Eurasian Minerals Inc. (TSXV:EMX,NYSEMKT:EMXX) press release.