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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 Drjonestwitteron Oct 30, 2021 9:58pm
227 Views
Post# 34069929

The 300m step out assays coming

The 300m step out assays coming  A little math on 300 m step out 300m strike x 400 width x average 5m high grade zone x bulk density 4 = an additional 2.4mt @ $1000/ton = $2.4 Billion Usd not including mineralized stock work @ 10% insitu for extremely high grade = $240 million usd in value add or $300 million Can. = $1.30 per share in value add from that step-out with another at least 750 m of strike to go and conductor plates extending below 400m … this is just value being created at 1 of the 3 known deposits (though the EM surveys has identified multi targets that could add additional deposits on land package) - as well model uses only a 5m zone although the holes drill out towards this coming step out have been widening as well with grades far exceeding $1000/ton. Do the math and ignore the noise. Especially the hissing.
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