Emerita Resources Corp. (TSX – V: EMO) (OTCQB: EMOTF) is pleased to announce additional assay results from the 2022 exploration drilling at its La Romanera Deposit on the Iberian Belt West (IBW) project. IBW hosts three previously identified massive sulphide deposits: La Infanta, La Romanera and El Cura. All deposits are open for expansion along strike and at depth. The current results are from 3 drill holes in La Romanera LR012, LR014 and LR017 (see Figure 1 and Table 1 below). All three holes intercepted the Upper and Lower lenses. Presently, there are 9 diamond drills delineating the Romanera deposit and one rig continues to drill the La Infanta deposit.
Drill Hole LR014:
The first lens in hole LR014 occurs from 595.1 m. The Upper lens is 15.1 m with a grade of 0.3 % Cu; 1.3 % Pb; 6.6 % Zn; 0.1 g/t Au and 61.1 g/t Ag. The unmineralized rock interval between them is 0.5 m. The Lower lens consists of 6.1 m with a grade of 0.3 % Cu; 2.1 % Pb; 10.1 % Zn; 0.7 g/t Au and 98.4 g/t Ag.
Drill Hole LR017:
LR017 intercepted massive sulphides 100 m east of LR009 (Please see the Company’s press release dated September 8, 2022) and 60 m from LR014. The Upper Lens starts from 612.7 m and consists of 2.2 m grading 0.3 % Cu; 3.5 % Pb; 8.3 % Zn; 0.1 g/t Au and 27.5 g/t Ag. The separation between the two lenses is 2.7 m. The Lower Lens occurs from 617.6 m and is 1.8 m grading 6.4 % Cu; 0.2 % Pb; 1.0 % Zn; 0.1 g/t Au and 18.7 g/t Ag. This drill hole intercept is strongly enriched in copper.
Drill Hole LR012:
Intercepted mineralization at approximately 300 metres vertically below surface. Two lenses were encountered: Upper lens occurs from 332.2 m with 16.6 m grading 0.3 % Cu; 1.4 % Pb; 1.7 % Zn; 2.3 g/t Au and 96.8 g/t Ag (including 2.1 m grading 0.8 % Cu; 6.6 % Pb; 9.4 % Zn; 4.5 g/t Au and 396.7 g/t Ag). The Lower lens was intercepted 40.8 m below the Upper lens and encountered 6.5 m grading 0.3 % Cu; 0.1 % Pb; 0.1 % Zn; 1.7 g/t Au and 65.0 g/t Ag. This drill hole represents a stepout of 100 m to the west relative to historical data and has elevated gold and silver values.
Figure 1: Location map, La Romanera Deposit drill holes LR012, LR014, and LR017. The white drill hole traces show drill holes that are in progress.
|DDH||Easting||Northing||Elevation||azimuth||dip||depth (m)||FROM||TO||Width (m)||Cu_%||Pb_%||Zn_%||Au_g/t||Ag_g/t||LENS|
Table 1. Diamond drillhole data: La Romanera.
NB= LL= Lower Lens Romanera, UL= Upper Lens Romanera
The scientific and technical information in this news release has been reviewed and approved by Mr. Joaquin Merino, P.Geo, President of the Company and a Qualified Person as defined by NI 43-101 of the Canadian Securities Administrators.
About Emerita Resources Corp.
Emerita is a natural resource company engaged in the acquisition, exploration and development of mineral properties in Europe, with a primary focus on exploring in Spain. The Company’s corporate office and technical team are based in Sevilla, Spain with an administrative office in Toronto, Canada.
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