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Emerita Accelerates Diamond Drill Program at Romanera Deposit and Increases Program to 70,000 meters

Emerita Resources Corp. · EMO news official 2022-05-16

In order to delineate this deposit and accelerate the Project towards a production decision, the Company intends to complete 70 km of diamond drilling this year.

Briefing

In order to delineate this deposit and accelerate the Project towards a production decision, the Company intends to complete 70 km of diamond drilling this year. Key points: In order to delineate this deposit and accelerate the Project towards a production decision, the Company intends to complete 70 km of diamond drilling this year; According to Joaquin Merino, P.Geo, President of Emerita, “Our team is fully prepared and excited to execute on this drill campaign; There are a total of eight drills on the IBW property and two rigs will continue to drill the Infanta and El Cura deposit areas. This brief is based on the cited source artifact and is intended as a research entry point, not a replacement for the original source or EGM canonical data tables.

Source Notes

In order to delineate this deposit and accelerate the Project towards a production decision, the Company intends to complete 70 km of...

Extractive summary evidence · source

According to Joaquin Merino, P.Geo, President of Emerita, “Our team is fully prepared and excited to execute on this drill campaign.

Extractive summary evidence 2 · source

There are a total of eight drills on the IBW property and two rigs will continue to drill the Infanta and El...

Extractive summary evidence 3 · source

Extracted Document Text

This is the EGM normalized Markdown text available for this source. It helps search engines and researchers understand PDF, filing, or company-document content while the original source remains authoritative.

# Emerita Accelerates Diamond Drill Program at Romanera Deposit and Increases Program to 70,000 meters

Source: https://www.emeritaresources.com/news-and-media/news-releases/emerita-accelerates-diamond-drill-program-at-romanera-deposit-and-increases-program-to-70000-meters
Published: 2022-05-16T23:00:00+00:00
Fetched: 2026-09-12T07:01:49.222+00:00
Source artifact: b62575a1-863f-432e-a379-f67b535258d7
Normalizer input: text

## Content

TORONTO, May 17, 2022 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX – V: EMO; OTC: EMOTF) (the “Company” or “Emerita”) announces that with the permitting for the Romanera and El Cura deposits now completed at its wholly owned Iberia Belt West Project (“IBW” or the “Project”) the focus of the program has shifted to the Romanera Deposit. In order to delineate this deposit and accelerate the Project towards a production decision, the Company intends to complete 70 km of diamond drilling this year.
According to Joaquin Merino, P.Geo, President of Emerita, “Our team is fully prepared and excited to execute on this drill campaign. The core shacks and sampling facilities are in place. Our QA/QC protocols are well established and we have environmental and safety professionals dedicated to the Project to ensure we operate to the highest standards of environmental and safety performance.”
The Romanera deposit is by far the largest massive sulfide deposit found to date on the IBW property and as such is most important in terms of the potential economic viability of the Project. The Company is accelerating the delineation of the deposit, including potential expansions at depth and along strike, by increasing the number of drills to six dedicated to the Romanera deposit drilling, in order to complete 70,000 meters of drilling before year-end. If required, additional drills will be contracted. There are a total of eight drills on the IBW property and two rigs will continue to drill the Infanta and El Cura deposit areas.