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Emerita Resources Corp V.EMO

Alternate Symbol(s):  EMOTF

Emerita Resources Corp. is a Canada-based natural resource company engaged in the acquisition, exploration and development of mineral properties in Europe, with a primary focus on exploring in Spain. The Company has a 100% ownership interest in the Iberia Belt West (IBW) project located in the Iberian Pyrite Belt in southern Spain. The IBW Project encompasses three polymetallic deposits. The IBW Project is located in the western part of the belt, adjacent to the border with Portugal, approximately 144 kilometers (km) west of Seville and 50 km from the port city of Huelva. The Nuevo Tintillo Project consists of one exploration permit comprising 227 mineral claims in Seville province, in the Western part of the Iberian Pyrite Belt and covers over 6,874 hectares. Its La Infanta Sur Project consists of one exploration permit comprising 28 mineral claims in Seville province, in the western part of the Iberian Pyrite Belt and covers over 848 hectares.


TSXV:EMO - Post by User

Post by Drjonestwitteron Jan 08, 2022 8:33am
225 Views
Post# 34295841

IBW Titan

IBW Titan

Permits cleared environmental for Romanera and El Cura which means around mid Feb we go from 5 to 8 drill rigs. It's also means analysts will model npv/fs on co mingling of tonnage into a central mill = superior margins 

Azn resolution coming soon.  Legal council believes end of Jan.

they will also begin drilling those multiple discovery targets on Ibw as well.

The match to $4 billion continues.

permitting all of Ibw which now includes 50 drill pads of Romanera and 40 pads at El Cura vastly derisks project area.   At Romanera land access is already achieved with rancher. He was at site visit, Emo will likely buy his ranch he wants to sell.  


word of advice when comparing to others look at details, not just what's in the presentation read the 43-101.  Emo is superior in every regard. 

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