CORRECTION -- Emerita Resources Corp.

Core Insights - Emerita Resources Corp. reported significant drilling results from the El Cura deposit, part of the Iberian Belt West project, with notable intersections including 12.1m grading 1.6% copper, 0.85 g/t gold, and 32.11 g/t silver [1][11] Drilling Results - Drill hole EC092 intersected 12.1m grading 1.6% copper, 0.1% lead, 0.1% zinc, 0.85 g/t gold, and 32.11 g/t silver [5][11] - Other notable drill results include: - EC086: 1.8m grading 2.3% copper, 1.78 g/t gold, and 61.39 g/t silver [5] - EC085: 1.4m grading 5.8% copper, 4.89 g/t gold, and 51.0 g/t silver [5] - EC083: 1.3m grading 0.7% copper, 74.08 g/t silver [6] - The deposit has a strike extent of approximately 650 meters and extends about 320m down-dip, with mineralization intercepted in all reported holes [10][11] Project Development - The El Cura deposit is undergoing Prefeasibility Studies, with ongoing drilling aimed at expanding the resource boundaries [1][14] - A total of 86 holes have been drilled at El Cura, with a hit rate of 86% for mineralized intervals [14] - The deposit is considered suitable for underground bulk mining methods, such as long-hole stoping [14] Geological Insights - The drilling tested various portions of the deposit, revealing a coherent steeply dipping gold-copper-rich deposit [10][14] - The upper central area showed consistent results with previous holes, indicating a narrow, copper-gold enriched interval within a broader zone of average grade material [12] Future Exploration - Follow-up extension testing is warranted in the area surrounding hole EC092 due to its significant results [11] - The western extension of the deposit remains a priority for the ongoing drill program, as holes EC085 and EC087 expand the mineral resource boundary beyond previous estimates [13]