Emerita Resources Corp. announces that it has intersected high grades in drill hole IN003 at the Infanta Deposit in Huelva Province, Spain. The intercept occurs from 86.2 - 112.8 meters which is the deepest of the program to date. Please see Figure 1 below for drill hole locations, Figure 2 for the geological section and Table 1 below for assays [...]
Emerita Resources Corp. announces that it has received complete assays for the first two drill holes from the Infanta drill program. Additional assays are expected in the coming week and it is expected there should be a steady flow of new assay data as drill holes are completed going forward. There are presently six drill holes in the process of [...]
Emerita Resources Corp. is pleased to announce that it has applied to up-list its common shares on the OTC from the OTC Pink Open Market to the OTCQB Venture Market . The listing of the Company's common shares on the OTCQB remains subject to the approval of the OTCQB and the satisfaction of applicable listing requirements. The OTCQB is a U.S [...]
Emerita Resources Corp. has granted a total of 7,200,000 stock options to various directors, officers and consultants pursuant to its stock option plan. The options may be exercised at a price of $1.86 per option for a period of five years from the date of grant. The grant of options remains subject to the approval of the TSX Venture Exchange [...]
Emerita Resources Corp. announces that it has mobilized a second diamond drill to expedite the drilling of the La Infanta deposit on the Iberia Belt West Project , Spain. According to Joaquin Merino, P.Geo., President of Emerita, "After a slow start due to various protocols, the drilling program is now into full production mode. The second drill on [...]
Emerita Resources Corp. is pleased to announce that it has closed its previously announced bought deal private placement of units of the Company pursuant to which the Company issued 18,182,500 Units at a price of $1.10 per Unit for aggregate gross proceeds of $20,000,750 , which included the full exercise of the Underwriters' option to purchase [...]
Emerita Resources Corp. announces that the presiding judge of Court No. 3 of Seville, Judge Patricia Fernandez, has issued new indictments for the irregularities committed in the awarding of the Aznalcollar public tender, abiding by the mandate of the Superior Court's ruling . This is an important development in that this is the initial court that [...]
Emerita Resources Corp. is pleased to announce today that, due to strong demand, it has agreed with Clarus Securities Inc. and Research Capital Corporation as co-lead underwriters and joint bookrunners on behalf of a syndicate of underwriters , to increase the size of its previously announced C$10,000,100 "bought deal" private placement offering [...]
Emerita Resources Corp. is pleased to announce that it has entered into an agreement with Clarus Securities Inc. and Research Capital Corporation as co-lead underwriters and joint book runners on behalf of a syndicate of underwriters to purchase, on a bought deal private placement basis, 9,091,000 Units of the Company at a price of $1.10 per Unit [...]
Emerita Resources Corp. announces that the Provincial Court No. 3 in Seville has ruled with respect to appeals filed by the accused parties and by Emerita in February of this year regarding the ongoing dispute over the tender process for the Aznalcollar property. At that time, the accused, who had been charged by the lower court only with the crime [...]
Emerita Resources Corp. announces that it has received a resolution from the Mining Department in Huelva approving the proposed work program for the entire Iberia Belt West project, subject to the Company receiving final approval from the Environmental Department for the El Cura and La Romanera targets. Emerita has engaged FRASA Ingenieros [...]
Emerita Resources Corp. is pleased to provide initial results of its surface sampling completed during its ongoing geological mapping program at its Iberia Belt West Project. . Initial mapping has focused on the areas around the Infanta and Romanera Deposits and the El Cura area . The objective of this geochemical sampling campaign has been to [...]
