Eurasian Minerals Inc. (the "Company" or "EMX") (TSX VENTURE:EMX)(NYSE MKT:EMXX)
is pleased to announce the signing of an Exploration and Option to Purchase
Agreement (the "Agreement"), through its wholly owned subsidiary Bronco Creek
Exploration, for the Lomitas Negras porphyry copper project with Kennecott
Exploration Company ("Kennecott"), part of the Rio Tinto Group. The project is
approximately 50 kilometers northeast of Tucson, Arizona within the prolific
Laramide-age porphyry copper belt of the southwestern United States. Please see
www.eurasianminerals.com for more information.


Commercial Terms Overview. Pursuant to the Agreement, Kennecott can earn a 100%
interest in the project by completing US$4,500,000 in exploration expenditures
and paying escalating option payments totaling US$900,000 within five years
after the date of the Agreement, after which EMX will retain a 2% NSR royalty.


In addition, Kennecott will make yearly advanced minimum royalty ("AMR")
payments and other payments based upon project milestones as outlined below:




--  Annual AMR payments starting at US$125,000 and commencing upon exercise
    of the option. 
--  Milestone payments consisting of: 
    --  US$500,000 upon completion of an Order of Magnitude Study or
        Preliminary Economic Assessment; 
    --  US$1,000,000 upon completion of a Prefeasibility Study; and 
    --  US$2,500,000 upon completion of a Feasibility Study. The Feasibility
        Study payment will be credited against future royalty payments.



Property Overview. The Lomitas Negras project is located approximately five
kilometers southeast of the town of San Manuel, and contains isolated altered
outcrops that occur in a broad area of post-mineral cover rocks. The project
area is ringed by Laramide-age intrusive rocks and porphyry copper/skarn
deposits that include BHP-Billiton's San Manuel-Kalamazoo deposits (approx. 16
kilometer north), Redhawk's Copper Creek deposit (approx. 20 kilometers
northeast), and Oracle Mining Corp.'s Oracle Ridge deposit (approx. 10
kilometers southwest). Outcrops on the property exhibit alteration and anomalous
base metal mineralization that characteristically occurs on the margins of
porphyry copper systems. EMX's recognition of the importance of the altered
outcrops, combined with a new interpretation of the extensional structural
setting of the area, led to the identification of concealed porphyry
copper-molybdenum targets beneath post-mineralization pediment cover.


EMX acquired the property and completed geologic mapping, outcrop geochemical
sampling, a soil gas hydrocarbon survey, and a property-wide ZTEM/magnetic
geophysical survey, all funded by a previous partner. Three target areas with
coincident geologic, geophysical, and geochemical anomalies were identified from
this work, and 32 sites were permitted for drill testing. In 2013, EMX completed
a three hole, pre-collar reverse circulation drilling program over two of the
target areas in preparation for a follow-up diamond drilling program. Two of
these pre-collar holes encountered altered porphyry and host rock fragments
within the deepest pediment horizon that suggest a nearby, concealed porphyry
source.


EMX and Kennecott are designing a work program to follow up on EMX's previous
exploration results and targets. EMX will be the operator through the initial
program.


About EMX. Eurasian Minerals Inc. is a royalty generator with a growing
portfolio. Eurasian leverages asset ownership and exploration insight into
partnerships that advance our mineral properties where EMX retains royalty
interests. EMX complements its generative business through strategic investments
and third party royalty acquisitions.


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.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts 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, 2014 (the"MD&A") and most recently filed
Annual Information Form for the year ended period ended December 31, 2013 (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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Eurasian Minerals Inc.
David M. Cole
President and Chief Executive Officer
(303) 979-6666
Dave@EurasianMinerals.com


Eurasian Minerals Inc.
Scott Close
Director of Investor Relations
(303) 973-8585
SClose@EurasianMinerals.com
www.EurasianMinerals.com

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