Eurasian Minerals Drills Over 900 Vertical Meters of Porphyry Copper-Molybdenum Mineralization at the Copper Basin Designated

Eurasian Minerals Drills Over 900 Vertical Meters of Porphyry Copper-Molybdenum 
Mineralization at the Copper Basin Designated
Project in Arizona 
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/27/13 -- Eurasian
Minerals Inc. (the "Company" or "EMX") (TSX VENTURE:EMX)(NYSE
MKT:EMXX) is pleased to announce 2013 drill results from the Copper
Basin porphyry copper-molybdenum project in central Arizona. The
mineralized system starts at surface, and six of the seven diamond
drill holes completed this year bottomed in visible copper-molybdenum
mineralization. Hole CB-13-01 was altered and mineralized over its
entire 919.7 meter length, and averaged 0.34% copper equivalent
(0.18% Cu and 0.029% Mo), with higher grade sub-intervals of 104.5
meters averaging 0.43% copper equivalent (0.21% Cu and 0.039% Mo) and
63 meters averaging 0.65% copper equivalent (0.16% Cu and 0.090% Mo).
EMX's exploration results confirm the presence of a large porphyry
copper-molybdenum system with nearly a kilometer of vertical extent
within a 1.5 square kilometer area defined by the presence of
porphyry style alteration, mineralization, and related geophysical
anomalies. Copper Basin is a Designated Project being advanced with
partner Vale Exploration USA Inc., a subsidiary of Vale S.A.
("Vale").  
Copper Basin 2013 Drill Results. EMX's Copper Basin drill program was
funded 100% by Vale and consisted of seven diamond holes totaling
2,776 meters. The program was designed to test copper and molybdenum
mineralization first identified by historic drilling from the 1960s
and 1970s, as well as new targets identified by the Company's surface
mapping, structural geologic reconstructions, geochemical sampling,
and geophysical surveying. All seven holes intersected significant to
anomalous copper-molybdenum grades in, and around an exposed portion
of the porphyry target area. A summary of drill results is shown in
the table below, and reports copper-molybdenum mineralization over
the entire length of the holes, as well as higher grade sub-intervals
(also see attached map). 


 
--------------------------------------------------------------------------
                         Inter-                                            
            From     To    val     Cu     Mo  Cu Eq                       
Drill Hole    (m)    (m)    (m)    (%)    (%)    (%) Comments             
--------------------------------------------------------------------------
CB-13-01     0.0  919.7  919.7   0.18  0.029   0.34  Vertical hole, TD = 
---------------------------------------------------  919.7 m. Intersected
 including  68.5  103.0   34.5   0.35  0.017   0.44  igneous and
---------------------------------------------------  hydrothermal breccias
 including 290.0  321.8   31.8   0.32  0.020   0.43  cemented by quartz-  
---------------------------------------------------  chalcopyrite-        
 including 420.5  525.0  104.5   0.21  0.039   0.43  molybdenite-pyrite   
---------------------------------------------------  and cut by quartz-   
 including 558.0  621.0   63.0   0.16  0.090   0.65  sulfide veins and    
                                                     porphyritic dikes    
                                                     hosted in Proterozoic
                                                     granite.             
--------------------------------------------------------------------------
CB-13-02     0.0 377.95 377.95   0.19  0.019   0.29  Vertical hole, TD =  
---------------------------------------------------  377.95 m. Several    
 including  13.5   48.0   34.5   0.37  0.014   0.45  porphyry dikes       
---------------------------------------------------  cutting Proterozoic  
 including 215.0  308.5   93.5   0.30  0.026   0.44  granite. All rock    
                                                     types cut by quartz- 
                                                     chalcopyrite and     
                                                     quartz-molybdenite   
                                                     veins.               
--------------------------------------------------------------------------
CB-13-03     0.0  298.7  298.7   0.04  0.004   0.06  Vertical hole, TD =  
                                                     298.7 m. Breccia- and
                                                     granite-hosted, with 
                                                     sericite-pyrite      
                                                     alteration with      
                                                     increasing Cu & Mo at
                                                     depth.               
--------------------------------------------------------------------------
CB-13-04     0.0  371.9  371.9   0.17  0.016   0.26  Vertical hole, TD =  
---------------------------------------------------  371.9 m. Intersected 
 including 197.5  371.9  174.4   0.20  0.020   0.31  chalcopyrite-dominant
                                                     disseminated and     
                                                     vein-controlled      
                                                     mineralization       
                                                     cutting granite.     
--------------------------------------------------------------------------
CB-13-05     0.0 192.02 192.02   0.01    nil   0.01  Vertical hole, TD =  
                                                     192.02 m. Transition 
                                                     from sericitic at top
                                                     of hole to propylitic
                                                     alteration w/        
                                                     anomalous Pb-Zn at   
                                                     depth.               
--------------------------------------------------------------------------
CB-13-06     0.0  304.8  304.8   0.13  0.019   0.23  Angle hole 
---------------------------------------------------  (318 degrees,
 including  87.5  198.5  111.0   0.16  0.027   0.31  -60 degrees), 
                                                     TD = 304.8.       
                                                     Intersected quartz-  
                                                     sulfide veins and    
                                                     stockworks. Did not  
                                                     reach target depth.  
--------------------------------------------------------------------------
CB-13-07     0.0  310.9  310.9   0.17  0.016   0.26  Vertical hole, TD =  
---------------------------------------------------  310.9 m. Chalcopyrite
 including   5.5   92.5   87.0   0.23  0.016   0.32  dominant disseminated
---------------------------------------------------  and vein-controlled  
 including 151.0  184.0   33.0   0.23  0.027   0.37  mineralization       
                                                     cutting Proterozoic  
                                                     granite.             
--------------------------------------------------------------------------
Notes: Cu equivalent calculated with a 5.5 Mo:Cu ratio and assumes that     
metallurgical recoveries and net smelter returns are 100%. Reported         
intercepts are interpreted as true widths in porphyry style mineralization. 

 
The combination of EMX and historic drilling delineates a 900 by 850
meter area of copper-molybdenum mineralization open in all
directions, and situated within a broader area of porphyry alteration
and mineralization. EMX is currently planning to follow-up on the
encouraging 2013 drill results with a second phase program of
additional drilling and surface exploration. In particular, the
source(s) for higher grade hydrothermal and igneous breccia zones and
porphyry dikes, partially concealed beneath less altered surface
exposures, are among the priority targets. 
Vale can earn up to a 75% interest in the Copper Basin Designated
Project by fulfilling work commitments, making cash payments, and
completing a feasibility study (see Company news release dated
September 28, 2011). At present, Vale is funding 100% of exploration
expenditures at Copper Basin, and to date has invested more than US
$2 million in the project. EMX is the project operator through its
wholly-owned subsidiary Bronco Creek Exploration. 
Copper Basin Overview. The Copper Basin project is located in central
Arizona, and was last explored during the porphyry copper exploration
boom of the 1960's and 1970's. This work included surface sampling,
geophysics, and drill testing (see Company news release dated
September 28, 2011). The property was identified as a prospective
porphyry copper-molybdenum target from EMX's regional exploration
work, and staked in 2010 on open ground. The Company's 2013 program
represents the first drill testing of the property since the
early-1970s.  
The property contains Proterozoic granites cut by younger
Laramide-age quartz diorite stocks and dikes. These rocks are cut by
zones of quartz-pyrite-chalcopyrite-molybdenite veins, stockworks,
and mineralized breccias. In addition, numerous surface shows of
mineralization are exposed along Copper Basin Creek and its
tributaries as copper seeps, ferricretes, and manganocretes. Many of
these occurrences lie outside of the drill tested area. 
EMX's structural geologic interpretations suggest that the Copper
Basin porphyry system is tilted on its side, topping to the east.
Alteration and mineralization zoning patterns from drilling and
surface mapping, as well as a pronounced overlapping magnetic low,
corroborate this interpretation. The resulting geologic model was a
basis for the successful 2013 drill program, as well as surface
exploration programs that identified additional copper-molybdenum
multi-phase, mineralized breccias outside of the drilled area. The
Copper Basin system consists of multiple nested pulses of
porphyry-style alteration and mineralization with at least one
kilometer of vertical extent and exposed over a 1.5 square kilometer
target area. Further, the structural reconstructions, zoning
relationships, and extension of the magnetic low to the
north-northeast suggest additional upside exploration targets lie
beneath less altered cover rocks peripheral to the exposed portion of
the porphyry system.  
Comments on Sampling, Assaying, and QA/QC. EMX's drill samples were
collected and analyzed in accordance with industry best practice
standards. The samples were submitted to ALS Chemex laboratories in
Elko and Reno, Nevada for sample preparation, and Vancouver, Canada
(ISO 9001:2000 and 17025:2005 accredited) for analysis. Samples were
analyzed utilizing four-acid digestion and ICP-MS/AES techniques.
Over limit analyses for copper were conducted by reanalysis using ICP
methods. As standard procedure, the Company conducts routine QA/QC
analysis on all assay results, including the systematic utilization
of certified reference materials, blanks and duplicates.  
About Vale. Vale is one of the largest metals and mining companies in
the world. It is the world's largest producer of iron ore and iron
ore pellets and the second largest producer of nickel. Vale also
produces manganese ore, copper, thermal and coking coal, phosphates,
potash, cobalt, gold, silver and platinum group metals. To support
Vale's growth strategy, the company is actively engaged in mineral
exploration efforts in several countries around the globe.  
About EMX. Eurasian is a global gold and copper exploration company
utilizing a partnership business model to explore the world's most
promising and underexplored mineral belts. Eurasian generates wealth
via grassroots prospect generation, strategic acquisition and royalty
growth.  
Mr. Dean D. Turner, CPG, a Qualified Person as defined by National
Instrument 43-101 and consultant to the Company, has reviewed,
verified and approved disclosure of the technical information
contained in this news release. 
The NYSE MKT, TSX Venture Exchange and the Investment Industry
Regulatory Organization of Canada do not accept 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
three-month period ended March 31, 2013 (the "MD&A") and most
recently filed Annual Information Form for the year ended period
ended December 31, 2012 (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. 
To view the map accompanying this press release please click on the
following link: http://media3.marketwire.com/docs/EMX0627.pdf  
Contacts:
Eurasian Minerals Inc.
David M. Cole
President and Chief Executive Officer
(303) 979-6666
Dave@EurasianMinerals.com 
Eurasian Minerals Inc.
Valerie Barlow
Corporate Secretary
(604) 688-6390
(604) 688-1157 (FAX)
Valerie@EurasianMinerals.com
www.EurasianMinerals.com
 
 
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