Emerita Resources Corp. announces that it has received complete assays for the first step-out drill hole from the Infanta drill program as well as the final in-fill drill holes. The in-fill program has verified the historical drill results and will allow proper 3D modelling of the deposit along with providing fresh material that can be used for future metallurgical testing. Both drills are now stepping out to expand the [...]
Emerita Resources Corp. announces that the Administrative Court of Andalucia has notified the Company that it will be making a ruling in the administrative case initiated by Emerita in 2015. The application to the Administrative Court was filed by Emerita in 2015 because Emerita considered the awarding of the Aznalcollar project pursuant to the public tender process to be unfair, arbitrary and inconsistent with the [...]
Emerita Resources Corp. announces that the presiding judge of Provincial Court No. 3 of Seville has just rejected a "last ditch" appeal by the accused in the trial relating to the awarding of the Aznalcollar public tender. The judge has confirmed her previous ruling that the trial should proceed to the final phase which includes sentencing of the guilty parties. The Court has reconfirmed that crime have been committed [...]
Emerita Resources Corp. announces that it has received assays for five additional drill holes from the Infanta drill program at the Iberia Belt West Project . In addition to the diamond drilling, the Company has received partial results from its ongoing geophysical program that are highly encouraging. The geophysical program has been suspended until after October 20, 2021 due to hunting season in the area. Drill hole [...]
Emerita Resources Corp. announces that it has intersected high grades in five drill holes at the Infanta polymetallic VMS Deposit on the Iberia Belt West project in Huelva Province, Spain . Drill hole IN008 had an exceptional intercept which occurs from 64.5 - 75.6 meters and grades 3.6% copper, 27.8% zinc 15.1% lead, 319.3 g/t silver and 0.8 g/t gold. This is the highest grade, widest mineralized intercept to date and [...]
Emerita Resources Corp. announces a correction to its August 19, 2021 press release. The assay results shown below are an improvement to those disclosed yesterday. The intersections are summarized below and Table 1 includes the assays and drill hole coordinates, revised drill plan and section are attached below: Width Copper Zinc Lead Silver Gold 16.2 m 1.2% 10.0% 5.1% 106.8 g/t 0.38 g/t Including 5.0 m 3.8% 30.5% 15.6 [...]
Emerita Resources Corp. announces that it has intersected high grades in drill hole IN003 at the Infanta Deposit in Huelva Province, Spain. The intercept occurs from 86.2 - 112.8 meters which is the deepest of the program to date. Please see Figure 1 below for drill hole locations, Figure 2 for the geological section and Table 1 below for assays and drill hole coordinates. The intersections are summarized as follows [...]
Emerita Resources Corp. announces that it has received complete assays for the first two drill holes from the Infanta drill program. Additional assays are expected in the coming week and it is expected there should be a steady flow of new assay data as drill holes are completed going forward. There are presently six drill holes in the process of being assayed. Emerita has added a second diamond drill which is expediting [...]
Emerita Resources Corp. is pleased to announce that it has applied to up-list its common shares on the OTC from the OTC Pink Open Market to the OTCQB Venture Market . The listing of the Company's common shares on the OTCQB remains subject to the approval of the OTCQB and the satisfaction of applicable listing requirements. The OTCQB is a U.S. trading platform that is operated by the OTC Markets Group in New York, and is [...]
Emerita Resources Corp. has granted a total of 7,200,000 stock options to various directors, officers and consultants pursuant to its stock option plan. The options may be exercised at a price of $1.86 per option for a period of five years from the date of grant. The grant of options remains subject to the approval of the TSX Venture Exchange. About Emerita Resources Corp. Emerita is a natural resource company engaged in [...]
Emerita Resources Corp. announces that it has mobilized a second diamond drill to expedite the drilling of the La Infanta deposit on the Iberia Belt West Project , Spain. According to Joaquin Merino, P.Geo., President of Emerita, "After a slow start due to various protocols, the drilling program is now into full production mode. The second drill on Infanta allows us to accelerate the program and it is expected we should [...]
Emerita Resources Corp. is pleased to announce that it has closed its previously announced bought deal private placement of units of the Company pursuant to which the Company issued 18,182,500 Units at a price of $1.10 per Unit for aggregate gross proceeds of $20,000,750 , which included the full exercise of the Underwriters' option to purchase additional Units. The Offering was led by Clarus Securities Inc. and Research [...]
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