Emerita Files NI 43-101 Technical Report for the IBW Project, Marking a 35% Increase in Total Indicated Resources and a 44% Increase in Total Inferred Resources

Core Viewpoint - Emerita Resources Corp. has filed an independent NI 43-101 compliant technical report for its Iberian Belt West Project in Spain, supporting an updated Mineral Resource Estimate announced on March 17, 2025 [1][2]. Group 1: Technical Report and Mineral Resource Estimate - The technical report titled "NI 43-101 Technical Report on the Iberian Belt West Project, Spain" was prepared by Wardell Armstrong International Limited and has an effective date of February 26, 2025 [2]. - The updated Mineral Resource Estimate is based on 105,554 meters of drilling, comprising 299 drill holes across three deposits: La Romanera, La Infanta, and El Cura [3]. - The total indicated Mineral Resource Estimate is 18.96 million tonnes (Mt) grading 2.88% zinc, 1.42% lead, 0.5% copper, 66 g/t silver, and 1.28 g/t gold, with a total inferred estimate of 6.80 Mt grading 3.25% zinc, 1.50% lead, 0.73% copper, 56.3 g/t silver, and 0.77 g/t gold [7]. Group 2: Individual Deposits - La Romanera deposit contains an indicated MRE of 17.34 Mt grading 2.64% zinc, 1.25% lead, 0.43% copper, 65 g/t silver, and 1.34 g/t gold, with an inferred MRE of 4.13 Mt grading 3.08% zinc, 1.27 g/t lead, 0.61% copper, 49.7 g/t silver, and 0.82 g/t gold [7]. - La Infanta deposit has an indicated MRE of 1.09 Mt grading 7.38% zinc, 4.39% lead, 1.08% copper, 94.6 g/t silver, and 0.35 g/t gold, with an inferred MRE of 1.91 Mt grading 4.08% zinc, 2.23% lead, 0.66% copper, 74 g/t silver, and 0.38 g/t gold [7]. - El Cura deposit contains an indicated MRE of 0.53 Mt grading 1.58% zinc, 0.69% lead, 1.45% copper, 42.9 g/t silver, and 1.41 g/t gold, with an inferred MRE of 0.76 Mt grading 2.08% zinc, 0.91% lead, 1.51% copper, 48 g/t silver, and 1.46 g/t gold [7]. Group 3: Company Overview - Emerita Resources Corp. is focused on the acquisition, exploration, and development of mineral properties in Europe, primarily in Spain, with its corporate office and technical team based in Sevilla, Spain, and an administrative office in Toronto, Canada [5].