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Emerita Resources Corp. source document (2023-07-18)

Emerita Resources Corp. · EMO news official 2023-07-18

Assays have been received for three additional drill holes that were not included in the recently announced NI 43-101 compliant mineral resource estimate news releases dated May 23 and July 6, 2023).

Briefing

Assays have been received for three additional drill holes that were not included in the recently announced NI 43-101 compliant mineral resource estimate news releases dated May 23 and July 6, 2023). Key points: Assays have been received for three additional drill holes that were not included in the recently announced NI 43-101 compliant mineral resource estimate news releases dated May 23 and July 6, 2023); Drill holes LR148, LR150 and LR151 have intercepted sulphide mineralization below the limit of the current mineral resource estimate, extending the mineralization at depth; David Gower, P.Geo., CEO of Emerita, comments, “Massive sulphide mineralization continues to extend at depth at La Romanera and drill intercepts where assays are pending, as well as bore hole geophysical surveys, c; Downhole TEM anomalies indicate the mineralization continues at depth for at least another 100 meters; Mineralization extends to at least 200 mete; Results contained in this news release are from La Romanera. 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

Assays have been received for three additional drill holes that were not included in the recently announced NI 43-101 compliant mineral resource...

Extractive summary evidence · source

Drill holes LR148, LR150 and LR151 have intercepted sulphide mineralization below the limit of the current mineral resource estimate, extending the mineralization...

Extractive summary evidence 2 · source

David Gower, P.Geo., CEO of Emerita, comments, “Massive sulphide mineralization continues to extend at depth at La Romanera and drill intercepts where...

Extractive summary evidence 3 · source

Downhole TEM anomalies indicate the mineralization continues at depth for at least another 100 meters.

Extractive summary evidence 4 · 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 Intersects 42.2 Meters Grading 0.3% Copper; 1.0% Lead; 2.0% Zinc; 2.44 g/t Gold and 70.4 g/t Silver, Including 7.3 Meters Grading 0.3% Copper; 2.0% Lead; 2.2% Zinc; 8.11 g/t Gold and 114.2 g/t Silver Extending La

Source: https://www.emeritaresources.com/news-and-media/news-releases/emerita-intersects-422-meters-grading-03-copper-10-lead-20-zinc-244-gt-gold-and-704-gt-silver-including-73-meters-grading-03-copper-20-lead-22-zinc-811-gt-gold-and-1142-gt-silver-extending-la-romanera-deposit-at-dep
Published: 2023-07-18T23:00:00+00:00
Fetched: 2026-09-12T07:01:39.133+00:00
Source artifact: ab7fda0e-a089-4161-be4e-527d16cc95f7
Normalizer input: text

## Content

TORONTO, July 19, 2023 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX – V: EMO; OTCQB: EMOTF; FSE: LLJA) (the “Company” or “Emerita”) announces additional assay results from the ongoing drilling program at La Romanera Deposit, part of Emerita’s wholly owned Iberian Belt West project (“IBW” or the “Project). IBW hosts three previously identified massive sulfide deposits: La Infanta, La Romanera and El Cura. Results contained in this news release are from La Romanera. All deposits are open for expansion along strike and at depth.
Assays have been received for three additional drill holes that were not included in the recently announced NI 43-101 compliant mineral resource estimate news releases dated May 23 and July 6, 2023). Figures 1 and 2 show intercept locations and Table 1 contains diamond drill hole data. Drill holes LR148, LR150 and LR151 have intercepted sulphide mineralization below the limit of the current mineral resource estimate, extending the mineralization at depth. The intercepts are approximately 550-600 meters below surface and span approximately 300 meters horizontally along strike. Downhole TEM anomalies indicate the mineralization continues at depth for at least another 100 meters. At this elevation, it appears that the Upper and Lower lenses that occur at shallower depths in the deposit merge into one massive sulphide lens of up to 30 to 40 meters thickness. For interpretation purposes, this lens has been referred to as the Lower Lens.
David Gower, P.Geo., CEO of Emerita, comments, “Massive sulphide mineralization continues to extend at depth at La Romanera and drill intercepts where assays are pending, as well as bore hole geophysical surveys, confirm that the sulphide mineralization continues to extend beyond the drilling completed to date. We are excited to see the intercept at El Cura as we have limited historical data for this deposit. Mineralization extends to at least 200 mete