Core Viewpoint - Emerita Resources Corp. has reported significant improvements in gold recovery rates from its metallurgical testing program for the Iberian Belt West Project, indicating enhanced economic viability for the project [1][10]. Metallurgical Testing Results - The CLEVR Process™ optimization for the La Romanera deposit has achieved a gold recovery rate of 81.5%, which is a 27% improvement compared to previous results [2][10]. - The updated recoveries for La Romanera and El Cura deposits are as follows: - La Romanera: Zn 91.30%, Cu 87.70%, Au 81.50% - El Cura: Zn 87.90%, Cu 92.70%, Au 80.80% [2][3]. Environmental Impact - The optimization tests have confirmed a 97.8% reduction in sulfide content and a 90% removal of arsenic, significantly reducing the potential environmental footprint of the operation [8]. - The waste produced is expected to be approximately half of previous estimates and will not be acid-generating [8]. Economic Implications - The improved metallurgical results could translate into an additional recovery of 159,000 ounces of gold, enhancing the project's profit margins [10]. - The optimized results yield an AuEq of approximately 4.53 g/t, ZnEq of 8.80%, and CuEq of 3.14% based on the grades published in the 2025 Mineral Resource Estimate [10]. Process Advantages - The Two-Stage CLEVR Process maximizes recoveries of base and precious metals while minimizing waste products, aligning with the company's vision for environmentally sustainable mining practices [7].