Emerita Resources (TSXV: EMO) this morning released further results from its on going drill program at the firms Infanta deposit, part of the Iberia West project located in Huelva Province, Spain. The results from a single drill hole were released this morning.
Results released were for hole IN003, which is effectively a 45 metre step out from the previously reported hole IN004, where the company intersected 7.45 metres of 1.67% copper, 6.01% lead, 11.49% zinc, 90.1 g/t silver and 0.49 g/t gold.
Hole IN003 intersected 16.2 metres of 1.1% copper, 8.9% zinc, 4.6% lead, 106.8 g/t silver and 0.38 g/t gold, including a 5.0 metre intersection of 3.8% copper, 30.5% zinc, 15.6% lead, 372.8 g/t silver, and 1.22 g/t gold. The hole represents the deepest intersection at the deposit to date for the company, with mineralization beginning at a depth of 86.2 metres.
Sponsored · Granada Gold Mine Inc.
The current program is working to test a 1.2 kilometre strike to depths of 300 metres down dip. Two drill rigs are currently turning as the company works towards collecting data for a mineral resource estimate for the Infanta deposit.
Emerita Resources last traded at $1.89 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.
