Emx establishes idaho-focused explorer; combines portfolio of precious & base metal projects, idaho business unit, and drilling subsidiary to form scout discoveries corp.

Vancouver, british columbia--(newsfile corp. - march 8, 2023) - emx royalty corporation ( nyse american: emx) (tsxv: emx) (fse: 6e9)  (the "company" or "emx") is pleased to announce the execution, by its wholly-owned subsidiary bronco creek exploration inc. ("bce"), of a letter of intent ("loi") to sell its a) portfolio of 14 precious and base metal projects in idaho (the "portfolio") acquired via staking between 2018-2022, b) idaho business unit, and c) wholly-owned core drilling subsidiary, scout drilling llc, to scout discoveries corp. ("scout"). scout is a u.s. private corporation headquartered in coeur d'alene, idaho and will be led by dr. curtis johnson, as president and ceo along with several members of the bce team who generated, acquired, and advanced the portfolio which represents the largest unpatented claim holdings in the state.
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