Emerita Resources Assays 3.8% Copper Over 5.0 Metres At Infanta Deposit

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.

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.

Video Articles

Are We Entering a New 10-Year Silver Supercycle? | Keith Neumeyer – First Majestic Silver

Why the Biggest Players Are Desperate for New Gold & Copper, And Fast | Rudi Fronk – Seabridge

Why the World Faces a Uranium Supply Shock, Sooner Than You Think | Scott Melbye – Uranium Royalty

Recommended

ESGold Sees ANT Survey Reveal Vertically Continuous System To 1,200 Metres Depth

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Related News

Max Resource Acquires Additional Property In Cesar Copper-Silver Basin

Additional property south of the current Cesar property has been acquired by Max Resource Corp...

Monday, November 9, 2020, 07:58:00 AM

Ivanhoe Mines: BMO Raises Price Target To $10

This morning BMO Capital Markts raised their 12-month price target on Ivanhoe Mines (TSX: IVN)...

Friday, September 11, 2020, 05:57:52 PM

Gold Play: How to Structure a No-Dilution Mining Deal with Majors | Chad Peters – Ridgeline Minerals

In this interview, Chad Peters, President & CEO of Ridgeline Minerals Corp. (TSXV: RDG), outlines...

Wednesday, December 4, 2024, 01:15:00 PM

Emerita Resources Hits 1.4% Copper Over 18.8 Metres

The latest assays are out for Emerita Resources’ (TSXV: EMO) ongoing drill program at its...

Monday, August 22, 2022, 08:22:51 AM

Copper Supply Disruptions Mount as Congo Halts Mine Operation Due to Radiation

Operations have been suspended at the La Compagnie Minière de Musonoie (COMMUS) copper and cobalt...

Monday, April 22, 2024, 03:04:00 PM