DAMA Engineering Inc.
Ankaralılar Caddesi 2562 Sokak 1/14A, Ankara-Turkey
Gediktepe Project - Balıkesir Province, Turkey
Certificate of Qualified Person
Mustafa Atalay, CPG
I, Mustafa Atalay, CPG, do hereby certify that I am a Principal for DAMA Engineering Inc. Ankaralılar Caddesi 2562 Sokak 1/14A, Ankara-Turkey.
1. I graduated with a Bachelor of Science (Applied) degree in Geological Engineering (2003) and with a Master of Science degree in Mineral Exploration from the Hacettepe University (2006, Ankara, Turkey);
2. I am a member of the American Institute of Professional Geologists (AIPG) (CPG#11874).
3. I have practiced my profession continuously since 2006. I have enough experience in geological mapping, geological data capturing and handling, planning and supervision of drilling program, and reporting. In addition, I have some additional experience in computer-based resource estimation as well.
4. I have read the definition of "Qualified Person" set out in National Instrument 43-101 ("NI 43-101") and certify that by reason of my education, affiliation with a professional association (as defined in NI 43-101) and past relevant work experience, I fulfill the requirements to be a "Qualified Person" for the purposes of NI 43-101.
5. I am responsible for the preparation of Section 1 through 12 and, Section 14, 25, 26 of the "Gediktepe Project - Balıkesir Province, Turkey, NI 43-101 Royalty Technical Report " dated March 21, 2022 ("The Technical Report"), with an effective date of February 1, 2022. I have visited the Gediktepe Project.
6. I have not had any prior involvement with the property that is the subject of the Technical Report.
7. I am independent of EMX applying all of the tests in Section 1.5 of NI 43-101.
8. I have read National Instrument 43-101 and Form 43-101F1, and the Technical Report has been prepared in compliance with that instrument and form.
9. As at the effective date of the Technical Report, to the best of my knowledge, information, and belief, the parts of the Technical Report that I am responsible for contains all scientific and technical information that is required to be disclosed to make the technical report not misleading.
March 21, 2022