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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 Marcello44on Oct 30, 2024 11:55am
51 Views
Post# 36288864

be careful

be careful"Another large mining company, Emrita, is in the process of obtaining the Unified Environmental Authorisation for its Iberian Belt West project in the Huelva municipalities of Puebla de Guzmn and Paymogo, in which it plans to invest around 300 million. There is also a strange situation here. This week, the resolution by which the Junta declared it to be of Strategic Interest to Andalusia was published in BOJA. The company had made this fact public last August, but until now it had not been published in the bulletin, which is what confers legality. The published resolution contains unfavourable reports from the Ministries of Sustainability, Environment and Blue Economy and Agriculture and Water for possible impacts on protected areas and the Andvalo reservoir. "A risk that would be preferable not to take," say the technicians. The Economic Policy Commission resolved the case unfavourably. The declaration of strategic interest was produced by administrative silence". 

https://www.eleconomista.es/opinion/noticias/13008719/09/24/seguridad-juridica-y-mineria.html
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