Emerita Resources Corp V.EMO

Alternate Symbol(s): EMOTF

Metals & Mining Industrial Metals & Minerals

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.

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Emerita Resources Corp

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Post by GripnRipon Mar 18, 2022 10:03am

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Post# 34524947

Historic drilling vs current...lifted from elsewhere

@nikom @drjimjones historical weighted average seems to be around 773$/t rather than 1000$/t. Simple average is around 1000$/t (using Feb 2 prices)

However, my intention was not to nitpick on your model. My only point is, people seem to believe that the newly drilled intercepts have increased in grade and width compared to historical, when they simply have not. These are still great grades, but historical drill holes were better.

Wonder when pumper doc will figure out...data has changed and starts selling...like over at OYL where he was pumping $10+ SP but was selling at $3

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