Emerita Intersects 16.9 Meters Grading 1.4% Copper, 2.1% Zinc, 0.93 g/t Gold, 42.66 g/t Silver and 7.2 Meters Grading 1.0% Copper, 1.9% Zn, 1.31 g/t Gold, 60.10 g/t Silver at El Cura Deposit

Core Insights - Emerita Resources Corp. is expanding its drilling campaign at the El Cura deposit, part of the Iberian Belt West project, to increase resource tonnes with high-grade gold and copper mineralization [1][2][9] - The company has approved an additional 10,000 meters of diamond drilling to convert Inferred Mineral Resource Estimates to Indicated Mineral Resource Estimates and to extend known resource areas [2][26] Recent Drilling Results - Recent drill results include significant intercepts such as: - Drill hole EC057: 3.1m grading 2.3% copper, 1.8% lead, 4.7% zinc, 2.21 g/t gold, and 78.71 g/t silver [6] - Drill hole EC062: 7.2m grading 1.0% copper, 1.4% lead, 1.9% zinc, 1.31 g/t gold, and 60.10 g/t silver [6] - Drill hole EC067: 16.9m grading 1.4% copper, 1.0% lead, 2.1% zinc, 0.93 g/t gold, and 42.66 g/t silver [6] - Drill hole EC068: 2.7m grading 1.3% copper, 1.0% lead, 3.2% zinc, 1.58 g/t gold, and 46.59 g/t silver [6] Geological Insights - The drilling has revealed a distinct westward plunge to the deposit, with ongoing efforts to trace this trend and grow the resource [8] - Historical drilling underestimated the depth potential of the deposit, with Emerita's recent holes demonstrating mineralization extending significantly deeper than previously thought [9] Future Plans - The company plans to continue delineating the El Cura resource, which has not been fully outlined, indicating potential for further discoveries below historic investigations [9][26] - The ongoing success of the drilling program has prompted the company to focus on understanding the structural controls of mineralization to maximize exploration efficiency [26]