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Emerita Intersects 10.8 Meters Grading 4.8% Copper, 1.4 g/t Gold and 8.9 Meters Grading 1.1% Copper, 1.2 g/t Gold at El Cura Deposit
Globenewswireยท2025-04-22 11:00

Core Viewpoint - Emerita Resources Corp. is actively drilling at its El Cura deposit, part of the Iberian Belt West project, and has reported significant copper-gold mineralization results, indicating strong potential for resource expansion [1][7][20]. Drilling Results - Recent drilling results from El Cura show copper-gold-rich mineralization with associated zinc-lead-silver, confirming continuity of mineralization [2][4][5]. - Drillhole EC050 encountered 10.8 meters grading 4.8% copper, 1.4 g/t gold, and 72.6 g/t silver, while EC046 encountered 8.9 meters grading 1.1% copper, 1.2 g/t gold, and 15.5 g/t silver [5][6]. - Other notable results include drillhole EC039 with 1.5% copper, 1.0% lead, 1.9% zinc, 2.0 g/t gold, and 38.7 g/t silver [5][6]. Objectives of Drilling Campaign - The drilling campaign aims to determine the continuity of mineralization to support conversion to mineral reserves for an upcoming NI 43-101 compliant prefeasibility study and to test the continuation of the deposit at shallower levels and depth [7]. - The results confirm good continuity of grade and width within the deposit, with potential for further growth through additional drilling [7]. Mineral Resource Estimate - Emerita recently released an updated Mineral Resource Estimate (MRE) for the IBW Project, highlighting the significance of El Cura to the overall resource base [8]. Operational Details - The company has four drill rigs dedicated to testing the El Cura deposit, which remains open in all directions, particularly down plunge and to the west [7][20]. - Quality assurance protocols are in place for the drilling process, including sample preparation and analysis at certified laboratories [21][22]. Company Overview - Emerita Resources Corp. focuses on the acquisition, exploration, and development of mineral properties in Europe, primarily in Spain, with its corporate office in Sevilla and administrative office in Toronto [24].