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Emerita Resources Provides Update on Permitting Process for Romanera and El Cura Deposits
TORONTO, April 05, 2022 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX – V: EMO; OTC: EMOTF) (the “Company” or “Emerita”) announces that the permitting for th
About this update from Emerita Resources Corp.
[{"type":"text","content":" TORONTO, April 05, 2022 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX – V: EMO; OTC: EMOTF) (the “Company” or “Emerita”) announces that the permitting for the Romanera and El Cura deposit diamond drill program at its wholly owned Iberia Belt West Project (“IBW” or the “Project”) has entered the final stage of the permitting process and the Company will be able to commence the drill program on those deposits on completion. The Department of Environment in Huelva has completed the Environmental Statement (ES) and it has been approved by the legal department for public posting. The resolution compiles all of the documentation and studies produced during the environmental assessment process along with comments and responses to community stakeholders. This includes supportive submissions from the municipalities of Paymogo and Pueblo de Guzman where the Project is located. The resolution was issued Friday, April 1 and was delivered to the identified stakeholders, who have up to 15 calendar days to review the documents at the end of which it will receive final endorsement from the Head of the Environment Department and drilling will commence by the Company. Emerita has already completed its review of the documents and is completely satisfied with the conclusions. Agreements are already in place with the landowners in the area to facilitate access to the drill sites. According to Joaquin Merino, P.Geo., President of Emerita, “We are ready to commence the drill program as soon as the permit is received. We have increased the number of drills on the Project to 7 in anticipation of the expanded drill program and one more will arrive when the program gets started. We aim to have the delineation program on the three deposits done by year-end. We have also established a second core shack in the town of Paymogo for the Romanera Deposit drilling. El Cura and Infanta drill holes will continue to be processed in the existing facility in Pueblo de Guzman.” The Company has permitted more than 50 diamond drill sites for this phase of the drilling (see Figure 1 and 2 below for Romanera and El Cura drill site plan). In keeping with Company’s normal practice, drill pads will be progressively reclaimed as drilling is completed to minimize the footprint of the program. According to David Gower, P.Geo, CEO of Emerita, “The Romanera deposit is expected...