Cameron Lake

The Cameron Lake project is located 20 km east of the town of Sioux Narrows in western Ontario. The project is 4 km north of First Mining’s Dogpaw Deposit (Indicated Mineral Resource of 247 kt @ average grade of 3.02 g/t Au) and surrounds the past producing Gold Panner Mine (70 oz produced from  100 t milled)^1,2.

Historical work at Cameron Lake is limited. Exploration work on the project has been completed by several operators since the 1950s, including mapping, trenching, soil sampling, drilling, and various geophysical surveys, which have identified several anomalous areas.
An exploration program over the eastern portion of the property was completed by Clark Exploration and Consulting Inc. in 2020, which included soil sampling and mapping³. This program helped to refine historic anomalies, identified several new Au, Cu, and Ni anomalies, and outlined suggestions for further work that could be done to define targets. 

EMX geologists conducted prospecting on the western region of the property during the 2023 field season with encouraging results. Mineralization is interpreted to be present as narrow, high-grade zones within larger low-grade halos. Mineralization is associated with silicified, carbonatized and sericitized alteration within the mafic volcanic host rocks. Felsic intrusions are common on the property, present as QFP dykes and a small stock in the north-central part of the property. The relationship of these intrusive rocks and mineralization is not well understood, though the presence of similar rocks and alteration at the historical gold panner mine and Dogpaw Lake Deposit is encouraging.

Maps

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¹ NI 43-101 Technical Report for the Cameron Gold Camp Project, dated July 25, 2014, for Chalice Gold Mining Ltd.,. The mineral reserves and resources were reviewed and approved by Peter Ball BSc. AusIMM, CPG. The mineral reserves provide regional geologic context for EMX’s Project, but this is not necessarily indicative of the mineralization on the Project

² https://www.geologyontario.mndm.gov.on.ca/mndmfiles/mdi/data/records/MDI52F05SW00015.html

³ “Technical Report on the Cameron Lake East Property, Kenora Moning Division, Northwestern Ontario,” dated November 2, 2020, for Gold Hunter Resources Inc. Prepared by Carolyn Hudek, P. Geo., and Brent Clark, P. Geo., Clark Exploration and Consulting, Inc.

Historic production values quoted above are from Ontario Department of Mines, from ARV42, 1933. EMX has not performed sufficient work to verify the published data reported above, but EMX believes this information is considered reliable and relevant. 

Nearby mines and deposits provide context for the project, but do not necessarily indicate similar size, styles or grade of mineralization within the project.

EMX has not performed sufficient work to verify the published assay data reported above, and these data cannot be verified as being compliant with NI43-101 standards. These historically reported data should not be relied upon until they can be confirmed. 

EMX samples were collected in accordance with industry standard best practices. Samples are prepped for sampling before submittal to ALS in Thunder Bay where it is prepped for analysis. Accredited control samples (blanks and accredited standards) are inserted into the sample intervals regularly. Samples are weighed, crushed (70% < 2mm), and riffle split into two fractions. One is retained (coarse reject) and the other is pulverized to 85% < 75µm. Pulps are analyzed by ultra-trace ICP-MS (ME-MS61) and gold by fire assay Au-ICP21.