Emerita Resources has intersected significant mineralization in the ongoing drilling campaign at El Cura Deposit, part of Emerita's wholly owned Iberian Belt West project. IBW hosts three previously identified Volcanogenic Massive Sulfide deposits: La Romanera, El Cura and La Infanta. Results contained in this news release are from El Cura deposit area only. Drillhole EC020 intersected 6.5 m grading 1.1% copper, 1.1 [...]
Emerita Resources Corp. is proud to announce its sponsorship of the inaugural Sustainable International Mining Summit on October 10, 2024, taking place in the Guadiana Eurocity of Ayamonte, in the province of Huelva, Spain. This landmark event, hosted by Global Omnium, a leading sustainability-focused company in Spain and across Europe, and strategic partner of the Company, aims to foster dialogue and collaboration [...]
Emerita Resources Corp. has discovered mineralized gossans on its wholly-owned Nuevo Tintillo project during its ongoing mapping / prospecting surveys, part of the ongoing surface exploration program at the extensive Nuevo Tintillo property. High grade gold assay results have been received from sampling gossan mineralization interpreted by Emerita to represent underlying massive to semi-massive sulphide mineralization [...]
Emerita Resources Corp. announces that, further to its news release dated August 14, 2024, it it has drawn down and received USD$6 million in funding under the first tranche of its credit agreement dated August 14, 2024, as amended , entered into by the Company and Nebari Natural Resources Credit Fund II, LP . Please see the Company's news release dated August 14, 2024 for further details on the Loan Agreement. In [...]
Emerita Resources Corp. announces that it has entered into a credit agreement with Nebari Natural Resources Credit Fund II, LP pursuant to which the Company will borrow up to an maximum aggregate principal amount of USD$15,000,000 from the Lender to be issued in three tranches of: USD$6,000,000 ; USD$4,500,000 ; and USD$4,500,000 . The Loan will provide flexible non-dilutive financial support to allow Emerita to continue [...]
Emerita Resources Corp. is pleased to report that the nominees listed in the management proxy circular dated June 28, 2024 for the annual and special meeting of shareholders of Emerita held on August 9, 2024 were elected as directors of the Company. The appointment of each of the nominees to the Company's board was approved by more than 96% of the votes cast at the Meeting. Shareholders at the Meeting also approved the [...]
Emerita Resources Corp. has intersected significant mineralization in an ongoing drilling campaign at El Cura, part of Emerita's wholly owned Iberian Belt West project . IBW hosts three previously identified Volcanogenic Massive Sulfide deposits: La Romanera, El Cura and La Infanta. Results contained in this news release are from El Cura deposit area only. Drillhole EC014 intersected 11.4 m grading 4.3% copper, 48.31 g/t [...]
Emerita Resources Corp. is pleased to announce that the Junta of Andalusia has declared via a written resolution that the Company's wholly-owned Iberian Belt West project is of strategic interest for Andalusia and granted the Project with the Declaration of Strategic Interest status . The Declaration of Strategic Interest is designed to streamline the administrative procedures to support economic business initiatives, and [...]
Emerita Resources Corp. has intersected additional significant mineralization in drilling at El Cura deposit area, part of Emerita's wholly owned Iberian Belt West project . IBW hosts three previously identified Volcanogenic Massive Sulfide deposits: La Infanta, La Romanera and El Cura. All three IBW deposits are open for expansion along strike and at depth. Drill Hole EC014 intersected 11.4 m of massive sulfide. Assay [...]
Emerita Resources Corp. has intersected significant new mineralization in drilling at El Cura deposit area, part of Emerita's wholly owned Iberian Belt West project . IBW hosts three previously identified Volcanogenic Massive Sulfide deposits: La Infanta, La Romanera and El Cura. Results contained in this news release are from El Cura deposit area only. All three IBW deposits are open for expansion along strike and at [...]
Emerita Resources Corp. is pleased to provide an update on the metallurgical testing program on its wholly-owned Iberian Belt West Project . Emerita Resources has conducted Metallurgical testing Phase I, in collaboration with Wardell Armstrong International and SRK Consulting . The goal of the Phase I Program was to demonstrate that commercial grade concentrates can be produced from the Project's La Romanera and La [...]
Emerita Resources Corp. announces that further to its press release on April 18, 2024, it has closed a non-brokered private placement financing of 12,500,000 units at $0.40 per Unit for gross proceeds of $5,000,000 . Each Unit is comprised of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share at an exercise price of $0.60 per [...]