Emerita Resources Corp.

Emerita is a natural resource company engaged in the acquisition, exploration and development of mineral properties in southern Spain, with a primary focus on developing its high grade copper – zinc – silver deposits at the Iberia Belt West project. The Company’s technical office and technical team are based in Andalusia, Spain with an corporate office in Toronto, Canada.

Expert Comments:

Adam Schatzker, Research Capital Corporation

"Emerita Resources Corp. released the results of five additional drill holes from its La Infanta deposit. . .hole IN008 stood out from all results (recent and historical), returning 11.1m grading 3.6% copper, 15.1% lead, 27.8% zinc, 319.3 g/t silver and 0.8 g/t gold, which equates to an in situ value of $1,232/t using our long-term commodity price forecasts."

Adam Schatzker, Research Capital Corporation

"The hole Emerita Resources Corp. reported today, IN003, intersected a wide zone of high-grade base metal mineralization: 16.2m grading 1.1% copper, 8.9% zinc, 4.6% lead, 106.8 g/t silver and 0.38 g/t gold starting from 86.2m downhole. It was the deepest intercept reported by the company to date at La Infanta (Emerita believes the true width is approximately 95% of the drill intercept width). . .hole IN003's results are very encouraging."

Adam Schatzker, Research Capital Corporation

"Emerita Resources Corp. announced the results of its first two holes drilled on the La Infanta deposit which is part of the Iberia West Best project. . .both holes intersected mineralization with one hole (IN004) intersecting 7.45m grading 1.67% copper, 6.01% lead, 11.49% zinc, 90.1 g/t silver and 0.49 g/t gold from 62.55m, which compares well with the historic resource estimate."

A Clarus Securities report noted Emerita Resources' "IBW project alone offers significant value proposition and mergers and acquisitions appeal," and "a big prize for Emerita will be the awarding of the Aznalcollar [project] public tender."
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As Emerita Resources moves ahead with exploring one high-grade project, a case moving through the Spanish courts may lead it to being awarded another.
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Adam Schatzker, Research Capital Corporation

"Emerita Resources Corp. closed a financing, raising approximately $20M. . .we believe the risk profile for the potential acquisition of Aznalcollar has improved. . .the company also announced that it has mobilized a second drill to the La Infanta project to expedite the drilling. We view this as a positive development."

Varun Arora, Clarus Securities

"We are initiating coverage on Emerita Resources Corp. with a Speculative Buy rating. . .IBW offers a significant resource growth potential and a high-grade development opportunity that could drive a significant rerating of the stock from its current level. . .the big prize for the company will be the awarding of the tender for the world-class, past-producing Aznalcollar mine that is the subject of an ongoing criminal legal dispute."

Emerita Resources' projects and upside potential are discussed in a Research Capital Corp. report.
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Adam Schatzker, Research Capital Corporation

"Emerita Resources Corp. issued a press release summarizing the recent events that transpired in the Spanish courts and how these relate to the Aznalcóllar tender process. The outcome looks to be quite positive for the company and points to a higher probability that it will eventually be declared the winning bidder for the tender."

More Expert Comments

Experts Following This Company

Varun Arora, Analyst – Clarus Securities
Adam Schatzker – Research Capital Corporation

Company News

9/8/2021 – Emerita Intersects 11.1 Meters Grading 3.6% Copper, 27.8% Zinc, 15.1% Lead and 319 g/t Silver at Iberia Belt West Project, Spain

8/20/2021 – Emerita Announces Updated Drill Results

8/19/2021 – Emerita Intersects 3.8% Copper, 30.5% Zinc, 15.6% Lead and 372 g/t Silver Over 5 Meters at Infanta Deposit

8/13/2021 – Emerita Reports High Grade Assays From Initial Drill Holes On La Infanta Drill Program

8/5/2021 – Emerita Announces Application to Uplist to OTCQB Listing in the United States

7/29/2021 – Emerita Announces Stock Option Grants

7/20/2021 – Emerita Adds Second Drill to La Infanta Drill Campaign, Provides Update

7/9/2021 – Emerita Provides Update on New Developments in Aznalcollar Court Proceedings, Spain

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
100% ownership of Iberia Belt West (IBW) project with 3 high grade base+precious metal deposits at surface
Fully financed to execute aggressive diamond drill program at IBW in area with operating mines.
Dispute on world class Aznalcollar project expected to be resolved in EMO’s favor Q2
catalyst Calendar
Permitting of drill program on high grade Infanta Deposit, Iberia Belt West Project April 1
Mapping and sampling assays for 3 deposits on IBW (April 15)
Drill results from high grade Infanta deposit (April 30)
Emerita Resources Corp. Content