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

Uranium Supply Crisis: Miners Won’t Meet What’s Coming | Dev Randhawa – F3 Uranium

Gold’s Run Isn’t Over — It’s Just Getting Ignored | Tim Smith – US GoldMining

Gold Demand Is Real This Time | John-Mark Staude – Riverside Resources

Recommended

Discovery Silver in Advanced Talks to Acquire Barrick’s Last Canadian Gold Mine

Emerita Reports Aznalcollar Public Tender Trial Hearings Have Concluded, Verdict Expected This Fall

Related News

Emerita Resources Increases Romanera Drill Program To 70,000 Metres

Hot off the heels of receiving drill permits for its La Romanera property, Emerita Resources...

Tuesday, May 17, 2022, 08:12:06 AM

QMX Gold To Be Acquired By Eldorado Gold In $132 Million Transaction

Consolidation within the mining sector continues this morning, with the announcement that Eldorado Gold (TSX:...

Thursday, January 21, 2021, 08:44:23 AM

Exploits Looks To Drill Schooner, Jonathan’s Pond Gold Properties

Exploits Discovery (CSE: NFLD) is looking to begin drilling its properties. The company this morning...

Tuesday, February 2, 2021, 08:38:10 AM

X-Terra Resources Closes “Strategic” Financing At 50% Discount To Market Price

X-Terra Resources Inc (TSXV: XTT) announced this evening that it has closed a “strategic” private...

Friday, August 7, 2020, 05:14:14 PM

Arizona: A Resurgence of Gold Exploration

Arizona has a history of mining extending back to the 18th century. The Spanish, who...

Saturday, October 17, 2020, 08:30:00 AM