Emerita Resources (TSXV: EMO) started off the trading week by releasing further drill data from its Infanta deposit at the Iberia Belt West Project in Spain. A total of five assays were released this morning, in addition to an update on the firms geophysical program.
Highlights from the drill program include the following:
- IN010: 4.5 metres of 2.4% copper, 11.2% lead, 21.1% zinc, 153.1 g/t silver and 0.54 g/t gold
- IN013: 2.2 metres of 2.6% copper, 4.6% lead, 7.1% zinc, 196.2 g/t silver and 0.28 g/t gold
- IN009: 10.5 metres of 0.9% copper, 1.9% lead, 3.4% zinc, 55.3 g/t silver and 0.36 g/t gold
The first phase of drilling at Infanta is now said to be complete. The program focused on verifying historical data on the property for use in a technical report. A total of 17 holes were drilled, over a strike length of 425 metres with the remaining waiting upon assays.
A second phase of drilling at the property is now said to have begun.
In terms of the geophysical program being conducted on site, the firm is in the process of having TEM and gravimetry surveys completed. Two anomalies have been identified in initial results, referred to as Bouguer anomalies, which run parallel for 7.0 kilometres at a distance of about 800 metres apart. The northern anomaly of this has yet to be drilled, while the southern anomaly hosts the El Cura and Infanta deposits.
Geophysical studies have been put on hold currently as a result of hunting season, for the purpose of employee safety. The programs are to resume by the end of the month.
Emerita Resources last traded at $1.48 on the TSX Venture.
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