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Bullboard - Stock Discussion Forum 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... see more

TSXV:EMO - Post Discussion

Emerita Resources Corp > The 300m step out assays coming
View:
Post by Drjonestwitter on Oct 30, 2021 9:58pm

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.
Comment by HeldarJ on Oct 31, 2021 10:57pm
Always great to read your posts Doc, very informative and yes we do ignore the noise. You've  been right on everything and we appreciate you sharing your knowledge on Emo . Thanks so much 
Comment by mnyincrs on Nov 01, 2021 1:54pm
Totally Agreed!
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