Announcement Date: 2023-04-04
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Emerita Resources Corp.
Project name: Iberia Belt West
Location: Spain
Commodities: Gold,Silver,Copper,Lead,Zinc
Highlight: Drilling results incl. 32.6m at 0.2% Cu, 1.9% Pb, 4.1% Zn, 4.01g/t Au, 84.1g/t Ag from 138.9m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: TORONTO, April 04, 2023 — Emerita Resources Corp. (TSX – V: EMO; OTCQB: EMOTF; FSE: LLJA) (the “Company” or “Emerita”) is pleased to announce additional assay results from the ongoing 2022 – 2023 delineation drilling program at La Romanera Deposit, part of Emerita’s wholly owned Iberian Belt West Project (“IBW” or the “Project”). Assays from 15 additional drill holes from La Romanera deposit and 7 holes from La Infanta deposit have been received. IBW hosts three previously identified massive sulphide deposits: La Infanta, La Romanera and El Cura. All deposits are open for expansion along strike and at depth. According to Joaquin Merino, P.Geo., President of Emerita, “We are closing in on the final drill hole assays required for the initial NI 43-101 mineral resource estimate for the Iberian Belt West Project. The work is ongoing and is expected to be completed around the end of April. Drilling continues to expand the deposit, however we are reducing the number of rigs as we complete the delineation drilling phase and focus the ongoing drill program on the resource expansion.”
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