Bullboard - Stock Discussion Forum Emerita Resources Corp V.EMO

Alternate Symbol(s): EMOTF

Metals & Mining Industrial Metals & Minerals

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

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Emerita Resources Corp > 550 m deep wonder what 1800' of shaft costs?

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Post by GripnRip on Mar 11, 2024 3:34pm

550 m deep wonder what 1800' of shaft costs?

The hole entered the host package dacitic tuff and breccia at 548 meters depth; followed by a measured down-the-hole 68.9m of massive sulfide unit, an approximate true width of 50 m.

Ouch, whack of $$$ to drop a mining shaft, ventilation that deep. Wonder if those grades are economic?

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