EMO:TSX.V; EMOTF:OTCMKTS; LLJ:FSE

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.
EMO:TSX.V EMOTF:OTCMKTS LLJ:FSE

Expert Comments:

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Adam Schatzker, Research Capital Corporation

(11/28/22)
"We believe that Romanera is currently the centerpiece of Emerita Resources Corp. and offers significant upside potential for investors. . .Infanta has value to the company given the past successful exploration and potential to increase the resource in the future."

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Adam Schatzker, Research Capital Corporation

(11/3/22)
"Overall, the results Emerita Resources Corp. published today from Romanera help expand the footprint of the deposit with the intercepts that lie outside of the historical resource. . .we think the company's future mineral resource estimate will likely improve on the historical estimate, and we see the opportunity for it to grow with the results Emerita has produced from drill intercepts outside the historical resource."

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Clive Maund, CliveMaund.com

(10/16/22)
"Emerita Resources Corp. looks like a recovery situation with the potential for large percentage gains. . .the dip of the past week is regarded as 'the cherry on the cake' as it provides a better entry point for buyers. This is a new one for us which is rated a Strong Speculative Buy."

Adam Schatzker, Research Capital Corporation

(10/14/22)
"Overall, we think that Emerita Resources Corp.'s drilling is successfully demonstrating the validity of the historic resource while highlighting the potential to significantly increase the size of the Romanera deposit. Given the significant number of drills and effort the company is putting into Romanera, we think Emerita should be able to generate a new, updated mineral resource estimate in 2023."

Friday, Emerita Resources Corp. announced drill results for its fully-permitted La Romanera deposit at its 100%-owned Iberian Belt West project (IBW). Read to discover the latest results and why President Joaquin Merino is continuing to accelerate its Romanera drill program.
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Adam Schatzker, Research Capital Corporation

(10/3/22)
"Emerita Resources Corp. increased the number of drills operating at Romanera to 13 from 10 previously. . .we think results of two new drill holes, LR019 and LR023, overall are positive and demonstrate the possible continuity of the Romanera deposit to the west of the historic resource. . . .it appears that Romanera is open to the west and at depth."

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Adam Schatzker, Research Capital Corporation

(9/15/22)
"Emerita Resources Corp. released the results of the latest three drill holes from the Romanera deposit. . .the holes appear to be in line with historical results and drilling carried out by the company in 2022. Drill hole LR014 returned the best results of the three holes with intercepts in both the upper and lower lenses of: 15.1m grading 0.3% copper, 1.3% lead, 6.6% zinc, 0.13 g/t gold, 61.1 g/t silver and 6.1m grading 0.3% copper, 2.1% lead, 10.1% zinc, 0.68 g/t gold, 98.4 g/t silver, respectively."

Emerita Resources Corp. reported drill results from five new holes at its Iberian Belt West Project in Spain. Research Capital Corp. commented in a research note that Emerita is proceeding with its aggressive 2022 drill program and expects to resume around-the-clock drilling within the next two weeks. The research firm stated it is maintaining its Speculative Buy rating on the company.
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More Expert Comments

Experts Following This Company

Varun Arora, Analyst – Clarus Securities
Jim Jones, President – NXT Energy Solutions Inc.
Clive Maund – CliveMaund.com
Adam Schatzker – Research Capital Corporation

Company News 

2/2/2023 – Emerita Intersects 24.3 Meters Grading 5.1% Zinc, 2.0% Lead, 0.2% Copper, 1.16 g/t Gold and 100.5 g/t Silver, Including 7.1 Meters Grading 12.4% Zinc, 3.1% Lead, 0.2% Copper, 0.80 g/t Gold And 67.7 g/t Silver at La Romanera Deposit

1/20/2023 – Emerita Provides Diamond Drill Results, Intersects 33.1 Meters Grading 7.7% Zinc, 3.9% Lead, 0.3% Copper, 0.73 g/t Gold and 156.3 g/t Silver at La Romanera Deposit

1/17/2023 – Emerita Resources 2022 Year-In-Review: Successful Major Drill Campaign Expands Deposits In Advance Of Initial NI 43-101 Resource Estimate, Permitting Process Commenced, and Strengthening Management Team

12/20/2022 – Emerita Intersects 25.1 Meters Grading 0.3% Copper, 1.5% Lead, 6.0% Zinc, 0.74 G/T Gold and 82.0 G/T Silver at La Romanera Deposit, Awards Contract to Prepare Independent Resource Estimate

12/7/2022 – CORRECTION -- Emerita Intersects 19.7 Meters Grading 10.9% Zinc, 1.7% Lead and 74.6 G/T Silver at La Romanera Deposit 150 Meters East of Historical Drilling

12/7/2022 – Emerita Intersects 19.7 Meters Grading 10.9% Zinc, 1.7% Lead and 74.6 G/T Silver at La Romanera Deposit 150 Meters West of Historical Drilling

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.

Streetwise Company Fact Sheet

Emerita Resources Corp.

(EMO:TSX.V - EMOTF:OTCMKTS - LLJ:FSE)

2023/2/7 6:21:30

Analyst coverage

Clarus SecuritiesVarun Arora
Research Capital CorporationAdam Schatzker

Newsletter coverage

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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
Q2
2021
Permitting of drill program on high grade Infanta Deposit, Iberia Belt West Project April 1
Q2
2021
Mapping and sampling assays for 3 deposits on IBW (April 15)
Q2
2021
Drill results from high grade Infanta deposit (April 30)
Q4
2022
Q1
2023
EMO Article
Emerita Resources Corp. Content