Eurasian Minerals Options Three Copper Projects

VANCOUVER - Eurasian Minerals Inc. (EMX) has entered into three exploration and earn-in agreements, through its wholly owned subsidiary Bronco Creek Exploration Inc., with Savant Explorations Ltd. for the Jasper Canyon, Buckhorn Creek, and Frazier Creek porphyry copper projects. The Jasper Canyon and Buckhorn Creek Projects are located in the Laramide porphyry copper belt of southern Arizona and the Frazier Creek Project is located in the Battle Mountain-Eureka trend of north-central Nevada. The Projects lie in geologically complex areas where mineralizing systems have been structurally dismembered, tilted, and largely covered by post-mineral rocks. Recognition of the post-mineral structural relationships, and application of alteration and mineral zoning patterns and geochemical signatures in that context, has identified untested porphyry copper targets at each of the three Projects.

Each of the Projects - Jasper Canyon, Buckhorn Creek and Frazier Creek - is covered by a separate exploration and earn-in agreement. Pursuant to each Project earn-in agreement, Savant can earn an initial 60% interest in the Project by completing a total of $2,070,000 in work expenditures, delivering 800,000 shares of Savant, reimbursing EMX's 2013-2014 property holding costs, and paying a total of $342,500 in several tranches over a five year period. In addition, for each Project, upon completion of an NI 43-101 compliant preliminary economic assessment ("PEA"), Savant will make an additional payment to EMX of $75,000.

The Jasper Canyon Project is located approximately seven kilometers north of the town of Globe, Arizona, in the Globe-Miami mining district. The target lies on the flanks of the Schultze granite intrusive complex, the source of numerous past and current producing copper mines and deposits in the Globe-Miami and Superior mining districts, including Resolution and Magma (Rio Tinto/BHP Billiton), Pinto Valley (Capstone), Carlota (KGHM), and Miami-Inspiration (Freeport McMoRan). In the Globe-Miami district, the porphyry copper systems have been dismembered by post-mineral faults, displacing upper levels of the mineralized systems northeastward that have been variably concealed by post-mineral cover. Jasper Canyon represents a fault-bounded and largely covered portion of a porphyry copper target in a previously unexplored northeastern portion of the district.

The Buckhorn Creek project is located adjacent to the Sheep Mountain porphyry center, approximately 70 kilometers northwest of Phoenix, Arizona. The porphyry centers and host rocks in the Sheep Mountain area are complexly faulted and tilted by post-mineral faults and largely covered by post-mineral rocks. Small windows through these younger cover rocks exhibit porphyry related alteration and mineralization that vector towards a large, concealed target area on the Buckhorn Creek property. Adjacent to the target area, post-mineral rocks contain beds of altered and mineralized porphyry and Laramide intrusive clasts. EMX and Savant are targeting the porphyry copper source of the clasts that is interpreted to be concealed beneath the veneer of post-mineral units.

Frazier Creek is located in Eureka County, Nevada about 12 kilometers north of the Mount Hope porphyry molybdenum deposit. The property lies along the prolific Battle-Mountain Eureka trend that is host to many styles of mineralization including porphyry copper-gold, porphyry molybdenum, polymetallic skarn, epithermal gold-silver, and Carlin-type gold. Previous exploration on the property focused on Carlin style gold systems. New work by EMX geologists led to the reinterpretation of extensive zones (1.8 by 2 kilometers) of alteration and mineralization with highly anomalous copper and molybdenum as distal features related to a porphyry system. EMX and Savant are targeting the porphyry source of alteration and mineralization identified on the property.