Eurasian Minerals Inc. announced initial results from the fall-winter drill program at the Malmyzh copper-gold porphyry project, including the longest mineralized intercept drilled to date on the property. Drill hole AMM-213 intersected 747.4 meters (108.7-856.1 m) averaging 0.49% copper equivalent (0.41% copper and 0.17 g/t gold) principally hosted in phreatomagmatic breccias and diorite porphyries at the Freedom Northwest prospect. The hole doubled the drilled vertical extent of the Freedom Northwest system, while bottoming in mineralization. In addition, reconnaissance drilling at the Sleeper West prospect intersected a shallow zone of 109 meters averaging 0.58% copper equivalent (0.53% copper and 0.09 g/t gold) starting at 13.5 meters in hole AMM-210. Freedom Northwest and Sleeper West are not included in the current Malmyzh resource estimate, which underscores the project's additional exploration upside. IGC resumed exploration work, including diamond drilling, after receiving government project plan approvals in October, 2016. A priority target for follow-up drilling was the Freedom Northwest prospect, which is adjacent to the Freedom Southeast inferred resource deposit. Freedom Northwest and Freedom Southeast encompass a large area (that is, greater than 4 square kilometers), and are defined as two sub-parallel, northeast trending zones of alteration and mineralization hosted in a complex assemblage of diorite porphyries, multi-stage breccias, and hornfels that are coincident with two prominent magnetic high anomalies. Earlier drilling at the Freedom Northwest prospect was conducted on a 200 by 400 meter grid pattern, and AMM-213 was the first hole drilled to in-fill at the 200 by 200 meter pattern used to delineate the project's inferred resource deposits. AMM-213 was drilled vertically to 856.1 meters, and intersected copper-gold mineralization dominantly hosted in phreatomagmatic and magmatic breccias, as well as diorite porphyries and lesser hornfels. Previously, the deepest hole at Freedom Northwest was drilled to a maximum vertical depth of approx. 411 meters. AMM-213's 747.4 meter intercept is the longest mineralized interval drilled at Malmyzh to date. The mineralization exhibits increasing gold to copper ratios with depth, which may be a zoning pattern related to a higher grade core of the porphyry system. The hole was terminated due to drill rig and equipment limitations, and bottomed in mineralization (1.4 m interval from 854.7-856.1 m of 0.46% copper equivalent from 0.32% copper and 0.29 g/t gold). The orientations and dimensions of the multi-phase mineralized breccias, which often occur as pipe-like bodies, are currently unknown, but have been intercepted by drilling over an area of approximately one square kilometer. IGC also conducted reconnaissance drilling at Sleeper, Sleeper West and North. At the Sleeper target, three vertical and two angle holes were drilled along a 1,600 meter northwest-southeast trend adjacent and sub-parallel to a broad area of magnetic highs to the west. The holes intersected a combination of phyllically altered diorite porphyry and hornfels units that were weakly to anomalously copper mineralized (that is, less than 0.1-0.3% Cu). At Sleeper West, holes AMM-209 and AMM-210 were drilled to test a broad area covered by a copper-in-soil anomaly (100 to greater than 500 ppm) and magnetic anomalies, with both holes intersecting significant mineralization in altered hornfels and diorite porphyries. In particular, AMM-210 intersected a shallow zone of 109 meters averaging 0.58% copper equivalent (0.53% copper and 0.09 g/t gold) starting at 13.5 meters. AMM-210 was collared near historic Freeport vertical drill hole FMXC-05 (70 meters (14-84 m) at the rate of 0.38% copper & 0.14 g/t gold, interpreted as true width), and was angled to extend mineralization to the southwest. At the North prospect, holes AMM-211 and AMM-212 were drilled to follow-up on mineralized holes from the 2011 campaign (AMM-30, -31, and -32), and intersected additional copper-gold mineralization. Notably, the Sleeper West and North drill holes are at prospects over two kilometers away from the nearest resource deposits, further highlighting Malmyzh's upside exploration potential. Drilling, Sampling, Assaying, and QA/QC. The Malmyzh drill samples were collected in accordance with CIM Best Practice standards and guidelines. The samples were submitted to Irgiredmet Laboratories in Irkutsk, Russia (GOST ISO/MEK 17025 accredited) for assay and geochemical analysis. Gold was analyzed by fire assay with an AAS finish, and copper analyses were determined with aqua regia digestion and ICP AES techniques. IGC conducts routine QA/QC analysis on all assay results, including the systematic utilization of certified reference materials, blanks and duplicates.