Emerita Resources Corp.

Emerita Resources Corp. announces that Mr. Eric Sprott has exercised all of his outstanding Emerita common share purchase warrants for total proceeds to the Company of $2,045,454. David Gower, Emerita's CEO, stated: "Emerita is fortunate to have the support of Mr. Eric Sprott as our largest shareholder. It is important to our business to have stable, long term support from such a highly experienced and successful [...]

Eric Sprott announces that, on November 12, 2021, 2176423 Ontario Ltd. exercised 6,818,181 common share purchase warrants of Emerita Resources Corp., at $0.30 per common share for aggregate consideration of $2,045,454. The exercise of Warrants, combined with prior corporate treasury issuances of Shares, resulted in a decrease in holdings of approximately 3.7% of the outstanding Shares on a partially diluted basis since [...]

Emerita Resources Corp. announces that it has tendered for three additional diamond drills to be mobilized to the Iberia Belt West project bringing the total to five drills. The contracts are being finalized and it is expected rigs will arrive on the site within the next two weeks. According to David Gower, P.Geo., CEO of Emerita, "We are moving forward with an accelerated drill program at IBW to coincide with the end of [...]

Emerita Resources Corp. is providing an update in response to current media reports in Spain concerning ongoing developments in the Aznalcollar legal case. The current flurry of news items is in response to a resolution issued by the Provincial Court No. 3 of Seville pursuant to which the Court has determined that it is appropriate to commence with the oral trial of the accused and that this trial should be conducted in [...]

Emerita Resources Corp. is pleased to announce that effective October 22, 2021 its common shares commenced trading on the OTCQB Venture Market in the United States under the stock symbol "EMOTF." The OTCQB is a U.S. trading platform that is operated by the OTC Markets Group in New York, and is the premiere marketplace for early-stage and developing U.S. and international companies. Participating companies must be current [...]

Emerita Resources Corp. announces that it has received complete assays for the first step-out drill hole from the Infanta drill program as well as the final in-fill drill holes. The in-fill program has verified the historical drill results and will allow proper 3D modelling of the deposit along with providing fresh material that can be used for future metallurgical testing. Both drills are now stepping out to expand the [...]

Emerita Resources Corp. announces that the Administrative Court of Andalucia has notified the Company that it will be making a ruling in the administrative case initiated by Emerita in 2015. The application to the Administrative Court was filed by Emerita in 2015 because Emerita considered the awarding of the Aznalcollar project pursuant to the public tender process to be unfair, arbitrary and inconsistent with the [...]

Emerita Resources Corp. announces that the presiding judge of Provincial Court No. 3 of Seville has just rejected a "last ditch" appeal by the accused in the trial relating to the awarding of the Aznalcollar public tender. The judge has confirmed her previous ruling that the trial should proceed to the final phase which includes sentencing of the guilty parties. The Court has reconfirmed that crime have been committed [...]

Emerita Resources Corp. announces that it has received assays for five additional drill holes from the Infanta drill program at the Iberia Belt West Project . In addition to the diamond drilling, the Company has received partial results from its ongoing geophysical program that are highly encouraging. The geophysical program has been suspended until after October 20, 2021 due to hunting season in the area. Drill hole [...]

Emerita Resources Corp. announces that it has intersected high grades in five drill holes at the Infanta polymetallic VMS Deposit on the Iberia Belt West project in Huelva Province, Spain . Drill hole IN008 had an exceptional intercept which occurs from 64.5 - 75.6 meters and grades 3.6% copper, 27.8% zinc 15.1% lead, 319.3 g/t silver and 0.8 g/t gold. This is the highest grade, widest mineralized intercept to date and [...]