| 11:01 AM EST, 03/08/2022 (MT Newswires) -- Emerita Resources Corp. (EMO.V) says that the permitting for the Romanera and El Cura deposit diamond drill program at its Iberia Belt West Project is nearing the conclusion and the company expects to be able to begin the drill program in the coming weeks. On Feb 18, the 30 business day period for public comment with respect to the proposed drill program concluded. On the last day of the public comment period, there was a submission from Ecologists in Action, a Spanish environmental group. Their comments are similar to those that were submitted by them to the Provincial Mining Authorities when Emerita received the Iberia Belt West exploration permits. The concerns were addressed at that time and the Project was approved by the authorities. Emerita expects that the Provincial Environmental Authorities will respond in the same way. Operational Update Drilling continues in the Infanta area of the Project with five diamond drills. Staffing levels continue to be affected by COVID Protocols, resulting in staff shortages. The company is awaiting assays, but says that massive and semi massive to stringer sulphide mineralization has been intersected at the Infanta North target. At Nuevo Tintillo, the helicopter airborne gravity and electromagnetic (EM) surveying is about to commence. The company continues to await the next step of the Aznalcollar legal proceedings, but notes that there is a large backlog of court cases. Still, the evidence and the rulings to date all point to a positive outcome for Emerita. Price: 2.06, Change: -0.12, Percent Change: -5.50 |