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Bullboard - Stock Discussion Forum 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... see more

TSXV:EMO - Post Discussion

Emerita Resources Corp > 800 Drill Holes
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Post by Blazesb on Dec 21, 2021 10:59pm

800 Drill Holes

Great Bear Resources is being acquired for $29 a share.  In more than one occasion Doc J has referred to Emerita as the polymetallic GBR.

In a little over three years GBR has drilled 800 holes!  That's a well defined resource.

So if GBR is anything to go by its still early days for Emerita.  Bring on the drilling rigs!

Cheers.
Comment by Blazesb on Dec 22, 2021 5:17pm
Here's an extract from Clarus' update on EMO referencing '50,000 to 60,000' metres of drilling in 2022.  Depending on their depth you can have some fun projecting the number of holes. Site Visit Reveals a Giant in the Making", Varun Arora (analyst at Clarus Securities Inc.) recently noted: " We return highly encouraged from our site visit to Emerita’s assets in the ...more  
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