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Emerita Resources Intersects 19.4 Meters Grading 0.4% Copper, 4.6% Lead, 5.1% Zinc, 2.3 G/T Gold and 204 G/T Silver at La Romanera
TORONTO, Aug. 22, 2022 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX – V: EMO; OTC: EMOTF) (the “Company” or “Emerita”) is pleased to announce additional ass
About this update from Emerita Resources Corp.
[{"type":"text","content":" TORONTO, Aug. 22, 2022 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX – V: EMO; OTC: EMOTF) (the “Company” or “Emerita”) is pleased to announce additional assay results from the ongoing delineation drilling of the Romanera deposit at its wholly-owned Iberian Belt West (IBW) project (“IBW” or the “Project”). Joaquin Merino, P.Geo., President of Emerita, comments, “We continue to see significantly higher gold and silver values than were reported in the historical work. Areas that were not assayed for gold previously and were not included in the historical resource estimate are showing values of 2-7 g/t gold which potentially can add significantly to the resource even within the footprint of the historical drilling. The historical estimate was based on a simple lead+zinc cut off grade. In addition, we are observing that the Upper Lens of massive sulphide appears to be more extensive than the historical drilling indicated.” La Romanera Assays have been received for three additional drill holes at La Romanera (Figure 1). Two drill holes are from the central part of the deposit LR080, LR010) and hole LR011. Highlights include the following: • Hole LR008: 19.4 meters grading 0.4% copper, 4.6% lead, 5.1% zinc, 2.3 g/t gold and 204.6 g/t silver from 282.6 meters depth (including 4.0 meters grading 0.4% copper, 10.2% lead, 13.2% zinc, 3.6 g/t gold and 267.0 g/t silver). • Hole LR010: 13.8 meters grading 0.4% copper, 1.0% lead, 1.9% zinc, 2.3 g/t gold and 39.4 g/t silver from 296.9 meters (including 2.7 meters grading 0.4% copper, 2.8% lead, 6.6% zinc, 7.4 g/t gold and 57.3 g/t silver) The current results correspond to drillholes LR008, LR010 and LR011, which have intercepted the central zone and the western zone of the La Romanera deposit previously known from historical information. Drill holes LR008 and LR010 are located in the central part of the La Romanera deposit, and intercepted mineralization at approximately 300 and 250 meters below surface and 70 meters apart. These drill holes confirm the continuity of mineralization through the central part of the deposit and cover the area between drill holes LR004 and LR001 (Please see the Company’s news release dated July 7, 2022). The Upper and Lower lenses were intercepted by both drill holes, confirming the continuity of the lenses and the enhanced precious metals grades relative...