Emerita Intersects 2.1m Grading 1.6% Copper, 0.85 g/t Gold, 32.11 g/t Silver and 1.4m Grading 5.8% Copper, 4.89 g/t Gold and 51.0 g/t Silver at El Cura
Globenewswire·2026-01-07 12:00

Core Insights - Emerita Resources Corp. reports ongoing drilling results from the El Cura deposit, part of the Iberian Belt West project, which includes three Volcanogenic Massive Sulfide deposits currently undergoing Prefeasibility Studies [1][10]. Drilling Results - Recent drilling at El Cura has shown significant mineralization, with various drill holes intercepting mineralized intervals ranging from 0.9m to 12.1m [10]. - Notable results include: - EC092: 12.1m grading 1.6% copper, 0.1% lead, 0.1% zinc, 0.85 g/t gold, and 32.11 g/t silver [5]. - EC085: 1.4m grading 5.8% copper, 0.1% lead, 0.1% zinc, 4.89 g/t gold, and 51.0 g/t silver [5]. - EC086: 1.8m grading 2.3% copper, 1.6% lead, 3.5% zinc, 1.78 g/t gold, and 61.39 g/t silver [5]. Deposit Characteristics - The El Cura deposit has a strike extent of approximately 650 meters and extends about 320m down-dip, remaining open for further exploration [10]. - The deposit is characterized as a coherent steeply dipping gold-copper-rich deposit, suitable for underground bulk mining methods [14]. Exploration Strategy - The company has drilled a total of 86 holes at El Cura, with a hit rate of 86%, indicating a high success rate in identifying mineralized intervals [14]. - The ongoing drill program prioritizes the western extension of the deposit, which is located over 200m beyond the 2025 Indicated Mineral Resource Estimate limits [13]. Future Plans - Follow-up extension testing is warranted in the area around EC092 due to the significant results obtained [11]. - The company aims to classify the deposit primarily as measured and indicated resources, facilitating conversion to reserve categories in the forthcoming Prefeasibility Study [14].