Emerita Intersects 24.3 Meters Grading 5.1% Zinc, 2.0% Lead, 0.2% Copper, 1.16 g/t Gold and 100.5 g/t Silver, Including 7.1 Meters Grading 12.4% Zinc, 3.1% Lead, 0.2% Copper, 0.80 g/t Gold And 67.7 g/t Silver at La Romanera Deposit

Emerita Intersects 24.3 Meters Grading 5.1% Zinc, 2.0% Lead, 0.2% Copper, 1.16 g/t Gold and 100.5 g/t Silver, Including 7.1 Meters Grading 12.4% Zinc, 3.1% Lead, 0.2% Copper, 0.80 g/t Gold And 67.7 g/t Silver at La Romanera Deposit

 

Emerita Resources Corp. (TSX V: EMO; OTCQB: EMOTF; FSE: LLJA) (the "Company" or "Emerita") is pleased to announce assay results from 12 additional drill holes from the 2022 - 2023 delineation drilling program at La Romanera Deposit at its wholly owned Iberian Belt West project ("IBW" or the "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.

 

Assay results have been received for the following 12 drill holes: LR036B, LR042B, LR049, LR051, LR053, LR058, LR064, LR065, LR066, LR077, LR082 and LR086) at La Romanera deposit reported below. These holes intersected the western and center part of the deposit between -50 and -300 m elevation. This area is characterized by massive sulfides comprising sphalerite, galena and chalcopyrite within a massive pyrite gangue. A number of these holes are on the western edge of the deposit as it has been drilled to date and near the limit of the high grade sulphide mineralization, however, the extent of the deposit further to the west remains open. The massive sulphides persist along the west side of the deposit but are higher in pyrite and lower in base metals generally. It will be necessary to step out further west in future as deposits in the Iberia Pyrite Belt commonly have pyritic zones adjacent to higher grade sulphides. Gold and silver grades are locally enriched in this portion of the deposit, precious metals enrichment appears to correlate with a stockwork type mineralization such as in hole LR082 with elevated copper grades. Thickness in both the Upper and Lower Lenses locally exceed 10 meters in some intercepts. Figure 1 shows a plan map with the hole locations. Figures 2 and 3 are vertical longitudinal sections of the Upper Lens and Lower Lens, respectively, showing the position of the pierce points on the vertical projection. Table 1 provides a complete list of the drill hole data included in this news release.

 

Joaquin Merino, P.Geo., President of Emerita, notes, "Our drill campaign remains on track, and we plan to lock the database in mid-February in order to proceed with the initial NI 43-101 mineral resource estimate for the IBW Project. We expect to have the mineral resource estimate completed in early Q2. We are presently reviewing proposals for metallurgical testing and this work will commence this quarter also. Our environmental baseline studies are also progressing and expected to be completed in April. The baseline study is a key deliverable for the permitting process."

 

Following is a summary of the diamond drill intercepts:

 

  Drill Hole LR036B: The Upper Lens was intersected at 337.3 m down the hole and comprises 1.8 m of stockwork mineralization grading 0.2 % Cu; 0.3 % Pb; 0.3 % Zn; 1.93 g/t Au and 24.8 g/t Ag .  

 

  Drill Hole LR042B: The Upper Lens was intersected at 352.6 m down the hole and comprises 8.0 m grading 0.2 % Cu; 2.8 % Pb; 4.5 % Zn; 1.30 g/t Au and 72.4 g/t Ag, including 3.8 m grading 0.2 % Cu; 5.8 % Pb; 8.7 % Zn; 2.51 g/t Au and 139.3 g/t Ag, from 354.1 m.  

 

The Lower Lens was intersected at 389.8 m down the hole. Mineralization is characterized by polymetallic massive sulphides and encountered 4.9 m grading 0.4 % Cu; 0.5 % Pb; 1.5 % Zn; 0.12 g/t Au and 7.3 g/t Ag .  

 

  Drill Hole LR049: The Upper Lens was intersected at 286.8 m down the hole and comprises 2.8 m grading 0.4 % Cu; 0.6 % Pb; 1.2 % Zn; 0.54 g/t Au and 24.0 g/t Ag .  

 

The Lower Lens was intersected at 296.2 m down the hole. Mineralization is characterized by polymetallic massive sulphides and encountered 3.5 m grading 0.1 % Cu; 1.2 % Pb; 2.1 % Zn; 1.08 g/t Au and 51.6 g/t Ag .  

 

  Drill Hole LR051: The Lower Lens was intersected at 488.9 m down the hole. Mineralization is characterized by polymetallic massive sulphides and encountered 18.0 m grading 0.4 % Cu; 0.5 % Pb; 0.7 % Zn; 0.44 g/t Au and 21.4 g/t Ag, including 2.3 m grading 0.4 % Cu; 1.9 % Pb; 2.2 % Zn; 1.00 g/t Au and 72.1 g/t Ag, from 503.4 m.  

 

  Drill Hole LR053: The Lower Lens was intersected at 373.7 m down the hole and comprises 36.5 m grading 0.3 % Cu; 0.6 % Pb; 0.5 % Zn; 0.47 g/t Au and 36.3 g/t Ag .  

 

  Drill Hole LR058: The Upper Lens was intersected at 374.6 m down the hole and comprises 4.7 m grading 0.1 % Cu; 0.6 % Pb; 1.3 % Zn; 0.36 g/t Au and 33.5 g/t Ag .  

 

  Drill Hole LR064: The Lower Lens was intersected at 507.2 m down the hole. Mineralization is characterized by polymetallic massive sulphides and encountered 24.3 m grading 0.2 % Cu; 2.0 % Pb; 5.1 % Zn; 1.16 g/t Au and 100.5 g/t Ag   , including 7.1 m grading 0.2 % Cu; 3.1 % Pb; 12.4 % Zn; 0.80 g/t Au and 67.7 g/t Ag, from 507.2 m.  

 

  Drill Hole LR065: The drill hole did not intersect any significant base metal mineralization.

 

  Drill Hole LR066: This hole intercepts the Lower Lens only. The hole encountered 3.8 m of sulphide mineralization at 346.0 m down the hole. The most abundant mineral is pyrite. The intersect returned 0.3 % Cu; 0.5 % Pb; 0.8 % Zn; 0.53 g/t Au and 18.4 g/t Ag .  

 

  Drill Hole LR077: The drill hole did not intersect any significant base metal mineralization.

 

  Drill Hole LR082: A stockwork was intersected at 445.3 m down the hole and comprises 11.2 m grading 1.6 % Cu; 0.1 % Pb; 0.0 % Zn; 0.58 g/t Au and 18.3 g/t Ag .  

 

The Upper Lens was intersected at 461.5 m down the hole and comprises 4.5 m grading 2.3 % Cu; 0.1 % Pb; 0.0 % Zn; 0.56 g/t Au and 45.3 g/t Ag .

 

The Lower Lens was intersected at 474.0 m down the hole. Mineralization is characterized by polymetallic massive sulphides and encountered 4.2 m grading 0.1 % Cu; 2.8 % Pb; 4.1 % Zn; 1.42 g/t Au and 76.3 g/t Ag .

 

  Drill Hole LR086: This hole intercepts the Lower Lens only. The hole encountered 18.5 m of sulphide mineralization at 203.8 m down the hole. The most abundant mineral is pyrite. The intersect returned 0.4 % Cu; 1.1 % Pb; 2.5 % Zn; 0.57 g/t Au and 28.4 g/t Ag .

 

 

 EMO_230202 Fig 1

 

  Figure 1: Plan map showing drill hole trace surface projections, La Romanera deposit  

 

View Figure 1 here: https://www.globenewswire.com/NewsRoom/AttachmentNg/ee053624-40c7-4d09-b2eb-370de750a812  

 

  
EMO_230202 Fig 2
 

 

  Figure 2: Longitudinal section showing intercepts in the Upper Lens, La Romanera Deposit  

 

View Figure 2 here: https://www.globenewswire.com/NewsRoom/AttachmentNg/f0a9aa4b-3ecc-4d93-b00b-35ca99615ded  

 

  
EMO_230202 Fig 3
 

 

  Figure 3: Longitudinal section showing intercepts in the Lower Lens, La Romanera Deposit  

 

View Figure 2 here: https://www.globenewswire.com/NewsRoom/AttachmentNg/67f57f6f-3d9b-4a9d-b41a-ba6ff80dbf24   

 

 
                                                                                                                                                                                                                                                                                                                  
  DDH    Easting    Northing    Elevation    azimuth    dip    depth
(m)
 
  FROM    TO    Width
(m)
 
  Cu_%    Pb_%    Zn_%    Au_g/t    Ag_g/t    LENS  
LR036B 646435 4172638 154 204 -69 386.2 337.3 340.3 3.1 0.1 0.2 0.2 1.15 14.8 UL
LR042B 646533 4172600 144 207 -69 413.3 352.6 360.6 8.0 0.2 2.8 4.5 1.30 72.4 UL
incl.        354.1 357.9 3.8 0.2 5.8 8.7 2.51 139.3 UL
LR042B        389.8 394.7 4.9 0.4 0.5 1.5 0.12 7.3 LL
LR049 646414 4172539 142 217 -79 312.3 286.8 289.5 2.8 0.4 0.6 1.2 0.54 24.0 UL
LR049        296.2 299.6 3.5 0.1 1.2 2.1 1.08 51.6 LL
LR051 646597 4172725 144 201 -65 524.0 488.9 506.8 18.0 0.4 0.5 0.7 0.44 21.4 LL
incl.        503.4 505.7 2.3 0.4 1.9 2.2 1.00 72.1 LL
LR053 646716 4172736 146 201 -56 533.0 473.7 510.2 36.5 0.3 0.6 0.5 0.47 36.3 LL
LR058 646533 4172600 144 210 -73 419.6 374.6 379.3 4.7 0.1 0.6 1.3 0.36 33.5 UL
LR064 646802 4172735 150 198 -55 559.5 507.2 531.5 24.3 0.2 2.0 5.1 1.16 100.5 LL
incl.        507.2 514.3 7.1 0.2 3.1 12.4 0.80 67.7 LL
LR065 646597 4172725 144 237 -64 586.1 NO SIGNIFICANT INTERSECTS  
LR066 646533 4172600 144 221 -61 364.9 346.0 349.8 3.8 0.3 0.5 0.8 0.53 18.4 LL
LR077 646435 4172638 154 184 -68 378.7 NO SIGNIFICANT INTERSECTS  
LR082 646716 4172736 146 191 -52 514.0 445.3 456.5 11.2 1.6 0.1 0.0 0.58 18.3 UL
LR082        461.5 466.0 4.5 2.3 0.1 0.0 0.56 45.3 LL
LR082        474.0 478.2 4.2 0.1 2.8 4.1 1.42 76.3 LL
LR086 646335 4172525 138 191 -76 233.4 203.8 222.2 18.5 0.4 1.1 2.5 0.57 28.4 LL
 

  Table 1: Diamond drill hole data, La Romanera deposit.   LL= Lower Lens La Romanera, UL= Upper Lens La Romanera  

 

  
Quality Assurance/Quality Control
 

 

Drilling at La Romanera is HQ size and core is placed into core trays at the drill site and transported directly from the site to Emerita's coreshack (15Km) from Romanera and (8Km) from Infanta. Once the cores are received at Emerita's coreshack they are photographed and geotechnical logging is performed. Geological, mineralogical and structural logging follows and mineralized zones are identified. The samples are marked every 1m or less, and respecting lithological contacts, with most of the samples 1.0m long. The zone immediately above and below the mineralized zones are also sampled. Core samples are sawed in half and half of the core is returned to the core tray for future reference. Once the core samples are cut, bagged and tagged, they are shipped to the ALS laboratory in Seville by Emerita personnel where sample preparation is done. In Seville, ALS performs the mechanical preparation of the samples and then the pulps are sent to ALS Ireland (ICP) and ALS Romania (fire assay). The analysis at ALS Lab corresponds to the ME-ICPore (19 elements) package, together with the Au-AA23 fire assay (Gold).

 

10% of the analyzed samples correspond to control samples (fine blanks, coarse blanks, high, medium and low grade standards). In addition, 10% of pulps are reanalyzed at a second independent certified laboratory (AGQ Lab Sevilla). When the analysis is completed, the certificates are received from the laboratory and the QA/QC protocol identifies any deviation or anomaly in the results and the entire batch is reassayed in such case. Once the data is approved by the QA/QC protocol assays are entered digitally directly into the database.

 

  Qualified Person  

 

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.

 

For further information, contact:

 

Vincent Chen
+1 778 990 9433 (Toronto)
info@emeritaresources.com  

 

  
Cautionary Note Regarding Forward-looking Information
 

 

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, the mineralization of the IBW Project; the timing of assay results; the prospectivity of the Project; the timing and ability of the Company to produce an NI 43-101 compliant mineral resource estimate and the Company's future plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward- looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Emerita, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; risks associated with operation in foreign jurisdictions; ability to successfully integrate the purchased properties; foreign operations risks; and other risks inherent in the mining industry. Although Emerita has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Emerita does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

 

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

 

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Zinc Exploration in Northern Spain

Emerita Resources Files Supporting Documentation For Exploitation Licence For The IBW Project

Emerita Resources Files Supporting Documentation For Exploitation Licence For The IBW Project

 

Emerita Resources Corp. (" Emerita " or the " Company ") (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA) announces that through its wholly-owned Spanish subsidiary, Emerita Resources España S.L.U., it has submitted all the required documentation (the " Supporting Documentation ") to support its application to the "Delegación Territorial de Energía y Minas in Huelva province, Junta de Andalucia" for an exploitation licence (the " Exploitation Licence ") for Emerita's wholly-owned Iberian Belt West project (" IBW " or the " Project "). Please see the Company's September 12, 2023 press release for further details regarding the Company's application for the Exploitation Licence.

 

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Emerita Announces Commencement of Drilling Program at Nuevo Tintillo Project, Spain

Emerita Announces Commencement of Drilling Program at Nuevo Tintillo Project, Spain

 

Emerita Resources Corp. (TSX–V: EMO; OTCQB: EMOTF; FSE: LLJA) (the "Company" or "Emerita") announces it is commencing with the previously announced diamond drill program (see news release August 30, 2023) (the "Drill Program") at its wholly owned Nuevo Tintillo project ("Nuevo Tintillo" or the "Project") (Figure 1). Due to an unusually hot and dry summer, the restrictions related to fire prevention in the area were extended to mid-October.   During the hottest weather in this region of Spain, heavy equipment is not permitted to operate during the daytime hours. According to Joaquin Merino, P.Geo., President of Emerita, "This is the most extended dry period seen in the region in many years. Some rainy weather has started however much more is needed as reservoirs, ponds, smaller streams and rivers are still dry in many cases. The Company will truck water for the drill program."

 

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Emerita Intersects 6.3 Meters Grading 0.8% Copper; 1.6% Lead; 3.9% Zinc; 2.8 g/t Gold and 52.0 g/t Silver within a 27.6 Meters Thick Massive Sulphide Zone, Extending La Romanera Deposit at Depth. Three Additional Thick Massive Sulphide Intervals, Assays Pending

Emerita Intersects 6.3 Meters Grading 0.8% Copper; 1.6% Lead; 3.9% Zinc; 2.8 g/t Gold and 52.0 g/t Silver within a 27.6 Meters Thick Massive Sulphide Zone, Extending La Romanera Deposit at Depth. Three Additional Thick Massive Sulphide Intervals, Assays Pending

 

Emerita Resources Corp. (TSX V: EMO; OTCQB: EMOTF; FSE: LLJA) (the "Company" or "Emerita") announces additional drilling results from the ongoing drilling program at La Romanera Deposit, part of Emerita's wholly owned Iberian Belt West project ("IBW" or the "Project"). IBW hosts three previously identified massive sulphide deposits: La Infanta, La Romanera and El Cura. Results contained in this release are from La Romanera deposit where drilling is tracing the extension of the deposit at depth.

 

Results herein are from drill holes LR154 and LR155, which have intercepted polymetallic mineralization in the form of a massive to semi-massive sulphide lens at approximately -450m elevation (approximately 600m below surface). See Figure 1 and Table 1 below.

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Emerita Resources Files Exploitation Licence Application for the IBW Project

Emerita Resources Files Exploitation Licence Application for the IBW Project

 

Emerita Resources Corp. (" Emerita " or the " Company ") (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA) announces that through its wholly-owned Spanish subsidiary, Emerita Resources España S.L.U., it has submitted an application to the "Delegación Territorial de Energía y Minas in Huelva province, Junta de Andalucia" (the " Junta ") for an exploitation licence (the " Exploitation Licence ") for Emerita's wholly-owned Iberian Belt West project (" IBW " or the " Project ").

 

The Exploitation Licence in Spain, when granted, has a 30-year term and can be extended for two subsequent 30-year periods.   Under Spanish regulations, in support of its Exploitation License application, Emerita has 3 months to submit certain additional documentation to supplement the application for the Exploitation Licence including an environmental impact study and mining plan.

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Emerita Resources Corp. (TSX V: EMO; OTCQB: EMOTF; FSE: LLJA) (the "Company" or "Emerita") announces planned diamond drilling program (the "Drill Program") at its wholly owned Nuevo Tintillo project ("NT" or the "Project). The Drill Program is expected to commence late in the third quarter or early in the fourth quarter of this year. The precise start date for the Drill Program will depend on the easing of regulations presently imposed in southern Spain to reduce the risk of fires. Restrictions typically end around the middle of September as the weather begins to moderate. Presently, heavy equipment is not permitted to operate during the daytime hours due to hotter temperatures.

 

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Vertex Minerals Limited  Reward Gold Mine Project Update

Vertex Minerals Limited Reward Gold Mine Project Update

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX,VTXXF) (OTCMKTS:VTXXF) is pleased to announce that the underground mining operation is on track to be producing high grade gold feed to the recently commissioned gravity gold plant in the coming weeks.

HIGHLIGHTS:

- Operational Milestones

o VTX remains firmly on track to commence production of high-grade ore from the underground mine in the forthcoming weeks.

o Transformer and cabling for the installation of 11kV high voltage underground power system on site with installation commenced.

o Preparations for the underground mine startup up progressing as planned and stripping of the main access is completed.

o New Aramine L350D has departed France for the journey to Hill End. Arrival in Orange NSW expected in by 26th August where it will be fitted with an RCT remote control system for open stoping operations.

o Mining the Reward Gold Mine - Resource 225kozs at 16.7g/t (VTX ASX Announcement 21 June 2023).

o Weekly Gold production Oz's from Stockpiles improving with depth in the stockpiles, with coarser particle size and better process throughput experienced.

- Mine start up

o Fan chambers have been excavated to provide secondary ventilation for production activities, exploration drilling and the future southern access toward the Fosters' exploration target.

o Primary ventilation fan has been installed and bulkhead completed.

o High voltage surface substation has been installed.

o High voltage cabling installation commences next week, with power up of the system scheduled for 28 July 2025.

o Stripping of the main accessis completed with the final elements of ground support (approx. 30m) to be completed before power cable installation starts next week.

o Cable bolts installed for the intersection of Lady Belmore exploration drive with first cut drilled out and ready to charge.

o Development Jumbo #1 (Epiroc T1D) is exceeding performance expectations.

o Dewatered of declines well underway.

o Mine schedule for FY26 finalised.

o First airleg stope secondary vent installed and specialty equipment on site to start first air leg stope.

o First long hole stope planned for August. High grade from airleg and longhole stopes to complement larger tonnage from development ore headings.

- People that have been onboarded

o 2x Drill Fitters and Heavy diesel fitter.

o Process superintendent commences next week.

o Full Tech team started including mine surveyor this week.

o Have back-to-back airleg miners for stoping.

o Full underground and mill crews.

- Improvements to plant

o DSM screen installed to improve product delivery to Wilfley Table.

o Gemini table improvements with new tabletop and gearbox improving final concentrate grade to over 20% gold (suitable for direct smelting to Dore on site).

o Process water pump upgrade improving ore washing and Tomra performance.

- Revised mine plan and schedule completed and ready to implement

- Updated Reward Gold mine mining plan and mine schedule completed.

- Adding a high-grade long hole stope upfront to be mined concurrently with the high grade airleg stope.

Vertex Director Declan Franzmann commented: "It is great to see all the elements of re-developing the underground mine and processing facility coming together so rapidly. The most pleasing aspect is our success in employing an incredible team of people to run the operation and all credit to management for developing great "esprit de corps" and a single sense of purpose as we push to full production."

As previously announced, the startup mine schedule includes mining 2,075 tonnes at 17.8 g/t Au from a developed airleg stope block. The planned stope width is the same as the interpretation of the mineralisation. (Refer to Table 1 in Appendices 1) (VTX ASX announcement 26/06/23).

Given this stope will take some time to extract, the Vertex geology and Mining Team have additionally brought forward a very high-grade long hole stope to commence mining in August as well. Further optimisations to the mining schedule will continue to be made.

This stope can be exploited as soon as services have been established. The mining crews have done a great job in the access drive to make room for the services (11kV cable, water and air lines) while improving accessibility for the mobile mining equipment selected for the Project.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/OUQP5Z21

 

About Vertex Minerals Limited:  

Vertex Minerals Limited (ASX:VTX,VTXXF) is an Australian based gold exploration company developing its advanced Hargraves and Hill End gold projects located in the highly prospective Eastern Lachlan Fold Belt of Central West NSW. Other Company assets include the Pride of Elvire gold project and Taylors Rock gold/nickel/lithium project both located in the Eastern Goldfields of WA. The focus of Vertex Minerals is to advance the commercial production of gold from its NSW projects embracing an ethical and environmentally sustainable approach.

 

 

Source:
Vertex Minerals Limited

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(TheNewswire)

 
        
  Juggernaut Exploration Ltd. 
                   
 

Vancouver, British Columbia July 8, 2025 TheNewswire - Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the "Company" or "Juggernaut"), further to its June 4, June 12, and June 16, 2025, news releases, the Company is pleased to announce that it has closed its private placement financing (the "Financing") for aggregate gross proceeds of $1,100,000.

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  Noble Mineral Exploration Inc. 
                
 

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