Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Emerita Resources Corp V.EMO

Alternate Symbol(s):  EMOTF

Emerita Resources Corp. is a natural resource company engaged in the acquisition, exploration, research and development of prospective mining properties in the Iberian Pyrite Belt (Spain) with a focus on traditional base metals (zinc, lead and copper) and precious metals (silver and gold). The Company has a 100% interest in the Iberian Belt West (IBW) project. It also holds the Nuevo Tintillo project, both located in the Iberian Pyrite Belt in southern Spain. The IBW Project encompasses three polymetallic deposits: Infanta, El Cura, and Romanera. The IBW Project is located in the western part of the belt, adjacent to the border with Portugal, approximately 144 km west of Seville and 50 km from the port city of Huelva. The Nuevo Tintillo project is located in the eastern part of the belt, in Seville Province, between the deposits of Aznacollar, in the southeast, and Rio Tinto in the northwest. It encompasses 6,875 hectares (with 7,625 hectares pending) and has a rectangular shape.


TSXV:EMO - Post by User

Comment by thomsonion Sep 15, 2021 11:00am
116 Views
Post# 33861571

RE:RE:RE:RE:RE:Clarus Report

RE:RE:RE:RE:RE:Clarus ReportWhat do I think? Well I still have my remaining risk free share position and plan to let it ride. I have none of my original capital at risk I am perhaps more enthusiastic about the Romanera prospect based on the historical drilling and ore intersections. I think there is room to add tonnage in the downdip direction based on a 3d model I built with the published historical dril data set. However, I would like to see geophysics confirm this possibility. This deposit, possibly faulted (?) In the updip portion, has a number of thicker intersections that appear to correlate well between a number of the holes and is open at depth. I also remain optimistic about the company being awarded the Aznacolar property. The Infanta deposits grade intersections are promising but I am less certain how well they correlate hole to hole . Geophysics would really help focus future drilling on the thicker intersections for tonnage adds. A lot of the recent share price weakness may be due to the large number of in the money warrants that were handed out when capital was being raised although that is pure speculation on my part. That's my two bits worth. I remain optimistic. Cheers
<< Previous
Bullboard Posts
Next >>