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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 Maxmoeon Jun 23, 2022 4:18pm
150 Views
Post# 34778461

More good news, is good news, unless you’re short

More good news, is good news, unless you’re shortNew research comment

EMO First Hole From Romanera Returns Impressive (and Unexpected) Precious Metals

Summary

On June 23, 2022, Emerita Resources Corp. (EMO) reported the first assay results from its maiden drill campaign at the Romanera deposit which is part of the Iberia Belt West project in Spain. The first hole reported was quite impressive, in our view.

 

Emerita Resources Corp. (EMO)

 

Mining

Rating
SPECULATIVE BUY

Price Target
C$4.00

Price
C$1.27

 

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