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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

Post by wallpaper2on Oct 09, 2021 12:53pm
320 Views
Post# 33991991

Spanish body ruling on Spanish asset.

Spanish body ruling on Spanish asset.
They may try to appease both the Spaniards and Cdns with a watered down compromise. Emo would likely reject it, resulting in further delays, challenges and proceedings. May see some heavy profit taking the next few weeks while Spains protectionists try to keep it out of foreign hands. They are willing to drag it out another 6 years if need be, my guess.
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