SVT

Savant Explorations Ltd. (TSX VENTURE:SVT) ("Savant") has initiated a copper
exploration and discovery strategy in the Southwest United States, which
contains some of the premier copper districts in the world. As the first step to
this strategy, Savant, through its wholly owned U.S. subsidiary Keystone Mines
Inc., has successfully negotiated three earn-in agreements (collectively
referred to as the "Agreements") with Eurasian Minerals Inc. (TSX
VENTURE:EMX)(NYSE MKT:EMXX) ("Eurasian") through its wholly owned subsidiary
Bronco Creek Exploration Inc. ("BCE") for three high-quality properties. Under
the terms of the Agreements, Savant may earn up to a 100% interest in each of
the Jasper Canyon, Buckhorn and Frazier Creek copper porphyry properties,
through a two stage earn-in over a maximum 10 year period, subject to certain
royalties retained by BCE. The main terms of the Agreements and a summary of the
properties are provided below.


The first year work commitments and cash payments required for all three
properties is less than $250,000 and will be easily funded from Savant's current
working capital, which includes a recently received tax refund of $304,000 (see
Savant's news release dated October 24, 2013).


The Opportunity

The Southwest United States is well-endowed with large porphyry copper deposits
that occupy the top end of the grade and tonnage curve. More than 20 deposits
contain in excess of one billion tonnes of resources, 14 of which have an
average grade exceeding 0.50% Cu. Many of the deposits contain significant gold,
silver and molybdenum by-products. Although most of the known deposits occur in
exposed basement rocks, up to 70% of the region is concealed beneath post
mineral cover that has seen only limited exploration. There is no geological
reason for deposits not to occur in these covered areas. The relatively recent
discovery (1996) of the giant high-grade Resolution Deposit (1.7 billion tonnes
grading 1.52% Cu) under cover in Arizona demonstrates this hidden opportunity,
although there is no assurance that further exploration will lead to discovery
or development of such a deposit. New understanding of the geological framework
of the region and a significant database of regional geophysics provides a
better understanding of ore-controlling structures and basement geometry and
provides focus on the highest priority areas.


The region is rated highly by the Fraser Institute as a favourable mining
jurisdiction for taxation, regulation and labour. Exploration permits are easily
attainable, and with an agreeable climate and good access and infrastructure
(roads, rail, power, and existing smelters) year round exploration and
development is possible.


Leading Savant's new copper exploration and discovery strategy is President and
CEO, Jack McClintock, former Exploration Manager of BHP Billiton's mineral
exploration group. Mr. McClintock was the team leader on the discovery of the
Spence Copper-Molybdenum mine in Chile (annual production of 180,000 tonnes of
copper), a blind discovery made under pediment (alluvium) cover similar to that
found in the Southwest U.S. Mr. McClintock states:


"Over the course of this year, Savant has reviewed and assessed over 40 projects
and properties in North America with the objective of identifying a region with
low political risk, low entry cost, low exploration costs and the capability of
generating major new discoveries of large-tonnage, high-margin mineral deposits.
The properties Savant is acquiring from Eurasian Minerals are of exceptional
quality and achieve this objective. The acquisition represents the first step in
Savant building a portfolio of high - quality properties in one of the world's
premier porphyry copper regions."


The Properties

Additional information including maps and an updated presentation can be found
at Savant's website at www.savantexplorations.com.


Buckhorn

The Buckhorn Creek property contains a newly identified porphyry copper prospect
located approximately 25 kilometres east-northeast of Wickenburg, Arizona. The
property is 1637 Hectares in size consisting of 155 lode claims and one state
exploration permit largely covered by post mineralization volcanic rocks. At the
contact between the basement and younger covering volcanic rock is a distinct
red-matrix conglomerate containing clasts of porphyry and crystalline basement
rocks exhibiting porphyry-related alteration that are leached of sulphides
(leach cap). Exotic copper mineralization in the form of various types of copper
oxide minerals also occurs with these clasts.


The presence of both leach cap fragments and exotic copper oxide in this type of
basal conglomerate suggests there may be a nearby enriched porphyry copper
deposit concealed beneath the covering volcanic rocks. The basement rocks
adjacent to the capping volcanics are weakly altered and contain widely spaced,
stringer-like, copper-mineralized quartz veins suggesting a distal alteration to
a potentially larger porphyry copper system. The follow up of a similarly
appearing conglomerate at the base of a post mineralization cover led to the
discovery of BHPB's Spence copper deposit in Northern Chile. In the case of the
Spence deposit, the deposit was found within 2 kilometres of the copper and
leach cap bearing conglomerate.


Jasper Canyon

The Jasper Canyon property consists of 163 lode mineral claims covering a 1,276
Hectare area located about 8 kilometres northwest of Globe, Arizona and
approximately 110 kilometres east of Phoenix. Savant's technical team believes
there is potential to discover either an enriched porphyry copper deposit
beneath shallow post mineralization cover rocks or a more deeply buried porphyry
copper deposit with high-grade primary sulphide (hypogene) copper grades similar
to those found at the nearby Resolution and Ray deposits. The potential for a
porphyry copper deposit on the property is indicated by the recently interpreted
extensional fault regime that includes the Pinto Valley deposit (recently
acquired by Capstone Mining) and the Copper Cities deposit. Based on this
interpretation, the fault displaced upper portion of the Copper Cities deposit
would lie to the northeast in the direction of the Jasper Canyon property.
Additional evidence for the presence of a possible porphyry deposit on the
Jasper Canyon property include numerous copper and base metal vein occurrences
that occur in an arc-like distribution along the eastern margin of the property.
Peripheral copper and base metal veins are a common feature of copper deposit
deposits both in the Globe Miami District and elsewhere in the world. The
presence of both diabase and limestone near the property increases the chance
for higher hypogene grades as these rock types are associated with higher copper
grades at both the nearby Ray and Resolution deposits. To date, work on the
property has shown no evidence for previous drilling within the property
boundaries.


Frazier Creek

The Frazier Creek property consists of 71 lode claims covering 570 hectares,
located approximately 40 kilometres north of the town of Eureka Nevada. The
property covers moderately to intensely silicified and hydrothermally
dolomitized Devonian limestone. Past exploration identified widespread anomalous
copper and molybdenum values in silicified and dolomitized bedrock over a 1.8 km
x 0.8 km area. The highest copper and molybdenum mineralization occurs within
areas of intense silicification and narrow sulphide mineralized structures. In a
shallow historical working, a grab sample containing 0.8% copper and 0.008%
molybdenum, was collected from a sericitically altered feldspar porphyry dyke,
which may suggest the presence of a larger mineralized porphyry body at depth.


The presence of anomalous copper and molybdenum within a large area of strong to
intense silicification, dolomitization and an altered porphyry dyke suggests
that there is potential to find a copper - molybdenum bearing porphyry deposit
within a few hundred metres of surface. Limestone would be an excellent host
rock for the formation of copper skarn mineralization and increases the
probability of higher grade copper mineralization in any primary copper
porphyry. The only known drilling within the target area is a shallow churn
drill hole drilled in the mid-1960s. The results from the churn drill hole are
unknown.


Initial Work Program

Over the next several months, Savant plans on conducting detailed geological
mapping, grid-based geochemical sampling and preliminary geophysical assessment
on all three properties in order to prioritize areas for subsequent detailed
geophysical surveying and drill testing.


The Agreements

Each property will be governed by a separate agreement, each containing the same
main business terms and conditions.


Main Business Terms

For each of the three properties, Savant may earn an initial 60% interest (the
"Initial Interest") over a five (5) year term by completing the following:




                                              Per Each Agreement/Property   
                                          ----------------------------------
                                                  Cash           Exploration
                                              Payments          Expenditures
                                                 ($US)    Shares       ($US)
----------------------------------------------------------------------------
Upon execution of the Agreements and                                        
 approval from the TSX Venture Exchange    $    12,500   150,000           -
----------------------------------------------------------------------------
By the first anniversary of the Agreements               100,000 $    70,000
----------------------------------------------------------------------------
By the second anniversary of the                                            
 Agreements                                     30,000   100,000     200,000
----------------------------------------------------------------------------
By the third anniversary of the Agreements               100,000     500,000
----------------------------------------------------------------------------
By the fourth anniversary of the                                            
 Agreements                                              150,000     650,000
----------------------------------------------------------------------------
By the fifth anniversary of the Agreements  (i)300,000   200,000     650,000
----------------------------------------------------------------------------
Total                                      $   342,500   800,000 $ 2,070,000
----------------------------------------------------------------------------
----------------------------------------------------------------------------
(i) To complete the earn-in of the Initial Interest payable in cash or      
shares (at Savant's election)                                               



Once Savant has earned the Initial Interest, Savant may then elect either to:



I.  Enter into a joint venture agreement with BCE to jointly develop the
    property (with Savant owning a 60% interest and BCE owning a 40%
    interest); or, 

II. Earn an additional 40% interest in the property, for a total of 100%
    (the "Second Earned Interest") by incurring an additional US$10 million
    in exploration expenditures by the fifth anniversary of the date Savant
    earns the Initial Interest and paying US$500,000 to BCE in cash or
    shares (at Savant's election) to complete the earn-in to 100%. If Savant
    does not complete the requirements to earn the additional 40%, Savant's
    interest will remain at 60% and the parties will revert to a joint
    venture. 



Once a joint venture is formed, BCE may then elect within 60 days of the
formation of the joint venture to convert its 40% interest in the property into
a 2.5% Net Smelter Returns Royalty ("Royalty") with Savant retaining a 100%
interest in the property. If BCE does not elect to convert its interest to a
Royalty and the joint venture is formed, then if either party's participation in
the joint venture is diluted to 15% or below, its interest in the joint venture
shall be terminated and it shall receive the Royalty. Once Savant earns the
Second Earned Interest and owns 100% of property, BCE will retain a Royalty.
Savant may buy-down 0.5% of the NSR for $2.0 million.


Upon conversion of BCE's interest to a Royalty, Savant will commence paying an
annual advanced minimum royalty (AMR) to BCE on the first anniversary of the
conveyance of the Royalty to BCE. If the Royalty is conveyed to BCE prior to
Savant earning the Second Earned Interest, the AMR will consist of US$50,000 in
each of the first two years, US$75,000 in each of the third and fourth year and
US$100,000 per year from the fifth year until the earlier of the commencement of
commercial production or the 20th anniversary of the conveyance. If the Royalty
is conveyed to BCE after Savant earns the Second Earned Interest, the AMR will
consist of US$200,000 per year up until the earlier of the commencement of
commercial production or the 20th anniversary of the conveyance. Savant may
reduce or suspend the AMR payments under certain conditions as provided in the
Agreement. Each of the AMR payments shall be set off against the Royalty payable
to BCE upon the project being brought into commercial production.


Other provisions of the Agreements



--  The Agreements are subject to receipt of required regulatory approvals
    and to completion of final documentation. 
--  Savant will be the Operator of each agreement so long as it holds a
    majority interest in the respective property. 
--  Each property will be bounded by a two (mile) Area of Interest. 
--  Exploration Expenditures incurred in any year during the initial earn-in
    period that exceed the annual minimum amounts required may be carried
    forward and applied to subsequent years of the initial earn-in period.
    In addition, if Savant elects the Second Earn-In Right, excess
    Exploration Expenditures incurred in the Initial Earn-In Period may be
    carried forward and applied as a credit to Exploration Expenditures
    which are to be made during the Second Earn-In Period. 
--  Savant will pay BCE U.S. $75,000 upon completion of a Preliminary
    Economic Assessment on each property. 
--  Savant may elect to pay cash to BCE in lieu of any shortfalls incurred
    in any period in which it is required to incur exploration expenditures,
    and may accelerate the schedule to make the option payments, incur
    exploration expenditures or make the AMR payments. 
--  If on the first anniversary of the Agreement Savant has not terminated
    the Initial Earn-In Right with respect to any of the three Agreements,
    then in the second year Savant may elect to keep the Initial Earn-In
    Right with respect to all Agreements in force by expending a minimum of
    $100,000 on each Project provided that the remaining balance of the
    $600,000 be expended on any one or more of such Projects, subject to the
    carry forward provisions. 



About BCE and Eurasian Minerals

BCE (Bronco Creek Exploration Inc.) is a wholly owned subsidiary of Eurasian
Minerals focused on copper and gold exploration in the western United States.
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.


About Savant

Savant is an exploration and development stage company focused on generating and
exploring high quality precious and base metal properties in stable
jurisdictions. Savant has recently initiated a new exploration and discovery
strategy in Southwest United States with the acquisition of the Buckhorn, Jasper
Canyon, and Frazier Creek properties. Savant's other properties and assets are
100% owned with combined annual holding costs of approximately $30,000. Savant
has a partner funding the Yuby Gabriela copper property in Chile with the next
option payment of US$1,000,000 due to Savant at the end of April 2014. Savant
also owns two other high-quality properties, Blue Moon and Yava that Savant's
management is seeking to monetize for maximum value to Savant and its
shareholders.


John McClintock, P. Eng. CEO of Savant is the Qualified Person, as defined by
National Instrument 43-101, responsible for the technical data in this news
release.


More information on the Company's activities is available at the Company's web
site at www.savantexplorations.com.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


This news release contains forward-looking statements. These statements are
based on assumptions and judgments of management regarding future events or
results that may prove to be inaccurate as a result of failure to obtain
necessary regulatory approvals, the failure to reach agreement on final
documentation, exploration results and other risk factors that are beyond
Savant's control. There can be no assurance that such forward-looking statements
will prove to be accurate as actual results and future events could differ
materially from those anticipated in such statements. Accordingly, readers
should not place undue reliance on forward-looking statements contained in this
news release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Savant Explorations Ltd.
John McClintock
President and CEO
(604) 568-5817
info@SavantExplorations.com
www.SavantExplorations.com

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