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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 Ogopogo007on Mar 18, 2022 7:45pm
226 Views
Post# 34527071

Got to love the P&D fake doc fleecing the sheep

Got to love the P&D fake doc fleecing the sheep@Drjimjones @nikom Depends on spot prices which is a moving target from day to day

Um...financing for mining operations usually use historic pricing...freak ORE.to used $1250 gold IN PEA...still didn't have to give up a stream / royalty and currently on Golden Runway for 1st pour Q3 this year.

Nobody but nobody built a mine based on spot pricing of a commodity...but pump up spot zinc pricing 'cuz the newbies are pretty clueless that with zinc...lack of smelter capacity is causing high prices...not supply. Which is what mines do...supply to smelters.

Pretty fuzzy numbers  basing $$/ton in the ground based on spot refined prices

Retail...the crop that never fails

JMHO


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