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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 BSdetector2016on May 26, 2023 12:00pm
131 Views
Post# 35465865

EMO lovers are missing something

EMO lovers are missing somethingThe world is awash in zinc. Ivanhoe will soon be mining 35% zinc + byproducts. They will make money at any zinc price, and keep the market well-supplied. Only the best deposits will get developed, or acquired by majors to be developed. Cheap power in Europe doesn't exist, so smelting on that continent is expensive and probably won't happen. The offshore smelters know this and will charge accordingly. 4% zinc deposits will stay on the shelf, probably indefinitely.
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