Emerita Releases Initial Sample Results From Iberia Belt West

Emerita Resources (TSXV: EMO) this morning released the initial results of its surface sampling program conducted at its Iberia Belt West project in Spain. Highlights from the program include samples hitting above 4% copper and 20% zinc at the La Infanta deposit, with silver values in some instances coming back higher than 500 g/t.

Surface sampling was conducted during the currently ongoing mapping program being conducted across the Infanta and Romanera deposits and the El Cura area. The company is currently looking to verify the presence of massive sulfide mineralization on the properties, while also working to identify priority drill targets.

A total of 23 samples were taken at La Infanta, while 41 were taken at La Romanera, and a further 20 at El Cura. Strike at La Infanta has been identified for at least 1,200 metres, with one sample returning values that include 0.925 g/t gold, 518 g/t silver, 4.26% copper, 6.37% lead and 12.2% zinc. La Romanera meanwhile has a trench on the property at least 450 metres long, where most of the samples were taken from. Here, highlight values hit higher than 10 g/t gold in some instances and more than 200 g/t silver, with zinc and lead also being present.

Finally, El Cura has limited surface exposure of mineralization. Samples here were taken from a 100 metre by 100 metre region that surrounds an old shaft and rock pile. Samples here reportedly tended to be copper-gold rich with low levels of zinc, silver and lead.

Mapping of the properties remains ongoing. Full details of the samples released this morning can be found here.

Emerita Resources last traded at $0.61 on the TSX Venture.


FULL DISCLOSURE: Emerita Resources is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Emerita Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Is This the Most Overlooked Critical Mineral? (+1000% Move) | Guy Bourassa – Scandium Canada

Is Gold Entering a New 15-Year Cycle? | Rob Husband

A 100,000 Ounce Per Year Gold Plan in Utah | Scott Trebilcock — Revival Gold

Recommended

Silver47 Launches 7,000-Meter Hughes Drill Program In Nevada

Advanced Gold Acquires Nevada Property With Historic Production At 1,611 g/t Silver

Related News

SSR Mining Expands Existing Credit Facility To US$200 Million

SSR Mining (TSX: SSRM) (NASDAQ: SSRM) this morning indicated that it has expanded its existing...

Tuesday, June 8, 2021, 07:43:02 AM

BMO Expects Equinox to be in Breach of its Leverage Ratio at Year-End, still gives Outperform Rating

On December 6th, Equinox Gold (TSX: EQX) announced that it sold an aggregate of 11...

Saturday, December 10, 2022, 06:16:00 PM

Monterrey Minerals Announces 2020 Exploration Program At Alicia Project

Monterey Minerals (CSE: MREY) revealed its 2020 exploration plans at its flagship Alicia high-grade gold...

Monday, June 8, 2020, 09:32:30 AM

Rio Tinto-Glencore Merger Reportedly In Discussion, Poised To Topple BHP As Largest Copper Miner

An industry-shifting movement in the global mining space could happen as Rio Tinto (LON: RIO)...

Friday, January 17, 2025, 10:01:04 AM

Eric Sprott Takes 9.8% Stake In Exploits Discovery

Exploits Discovery (CSE: NFLD) this morning announced that it will be conducting a private placement....

Tuesday, April 27, 2021, 08:02:21 AM