Emerita Resources Announces That the IBW Project Has Commenced the Public Consultation Phase for the Exploitation Permit Application

About this update from Emerita Resources Corp.

TORONTO, May 13, 2026 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX-V: EMO; OTCQX: EMOTF; FSE: LLJA) (the “Company” or “Emerita”) is pleased to announce that on May 13, 2026, the Company was notified that the Unified Environmental Authorization or Autorización Ambiental Unificada (“AAU”) for the Iberian Belt West Project (“IBW” or the “Project”) Exploitation Permit Application has advanced to the public consultation stage. The public consultations represent a key milestone of the approval process for the Exploitation Permit and signifies that the Company’s environmental restoration and mining plans have undergone a successful review by the Andalucian Environment Department in Huelva Province (the “Authorities”). The AAU has been published in the Boletín Oficial de la Junta de Andalucía (“BOJA”) which is the official gazette for the Andalusian regional government. During the public consultation phase, a 30 business day public comment period will commence, providing members of the public with an opportunity to submit comments and feedback. This process will enable the Authorities to assess the strength and consistency of the IBW Project’s social license. In addition to this process, the Authorities will request input from other government agencies within Huelva Province. This key stage of the permitting process will be managed entirely by the Authorities. According to Joaquin Merino, P.Geo., President and CEO of Emerita, “We are very grateful to the Andalusian Regional Government’s Project Acceleration Unit and the Mining Delegation of the Province of Huelva for their support throughout the process. This is a key milestone in the permitting process for the IBW Project. The IBW Project, once permitted, has the potential to provide wide ranging economic and social benefits to the people of Huelva Province and for the Region of Andalucia as a whole. The public consultation stage is an opportunity to receive critical feedback and expressions of support from impacted stakeholders on the Project in an open and transparent manner. We look forward to cooperating with the Authorities during the public consultations to complete the process.” The Company also announces that Damian Lopez has resigned as Corporate Secretary of Emerita, effective immediately. Emerita expresses its appreciation for Mr. Lopez’s commitment and contributions to the Company. About Emerita ...

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