Emerita Resources Sees Court Case For Aznalcollar Property Move Forward

Emerita Resources (TSXV: EMO) has seen another positive development in regards to the acquisition of the Aznalcollar property in Spain. The firm has seen the presiding judge on the appeals case reject what has been referred to as a “last ditch appeal.”

While the provincial court has rejected the latest appeal, it must also be reviewed in the Provincial Court of Appeals. This step is expected to be quick, with no new information allowed to be brought forth at this stage. The court has also been consistent throughout the process indicating that the trial should proceed.

With the rejection of this appeal, the case is set to move towards the Oral Trial, where pleas and defenses can be modified before final statements and review of evidence can be made. Notably, investigation of the case has been completed by this stage, with all permissible evidence already provided. The judge will then determine individual penalties for those found guilty in the case.

Once sentencing is completed, the public tender can be reawarded, as under Spanish law the commission of a crime in a public tender disqualifies a bid. With Emerita being the only other qualified candidate for the property under the public bid, it is expected that the company will receive the property.

“This is an important outcome with respect to the Aznalcollar trial and by extension the awarding of the Public Tender. This brings the process a step closer to a conclusion. Counsel also advises that this phase is generally not a long, protracted process as the investigation is closed and no further evidence can be submitted and appeals to delay the process are no longer permitted,” commented CEO David Gower on the development.

The announcement this morning follows the firm on Monday reporting a total of five drill holes at its Iberia Belt West Project, which is also located in Spain. Highlights from that program include 4.5 metres of 2.4% copper, 11.2% lead, 21.1% zinc, 153.1 g/t silver and 0.54 g/t gold from a single hole, IN010.

Emerita Resources last traded at $1.45 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

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

TriStar Gold: The Revised Castelo de Sonhos Prefeasibility Study

Gold is Up 30%, But the Real Bull Market is Only Starting Now! | Adrian Day

Recommended

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Goliath Resources Expands 2025 Drill Program To 60,000 Metres

Related News

Emerita Resources Sees Courts Fall In Alignment On Aznalcollar Case

Emerita Resources (TSXV: EMO) continues to see developments in the court case related to the...

Friday, July 9, 2021, 08:10:34 AM

Emerita Resources Formally Appeals Administrative Ruling On Aznalcóllar Related To 2017 Complaint 

FULL DISCLOSURE: Emerita Resources is a sponsor of theDeepDive.ca. Emerita Resources (TSXV: EMO) this morning...

Wednesday, June 25, 2025, 08:37:57 AM

Emerita Resources Increases Indicated Resources By 35%, Inferred Resources By 44% In Latest Estimate

Emerita Resources (TSXV: EMO) has filed a technical report for its recently updated mineral resource...

Wednesday, April 30, 2025, 09:17:23 AM

Emerita Resources Receives Drill Permits For La Romanera Deposit

Emerita Resources (TSXV: EMO) has finally received the latest round of drill permits required to...

Tuesday, May 10, 2022, 08:05:01 AM

Emerita Resources: Aznalcollar & IBW Update – The Daily Dive

On this weeks final episode of The Daily Dive, we welcome back David Gower, the...

Friday, October 22, 2021, 01:30:00 PM