Emerita Resources Corp. announces that the permitting for the Romanera and El Cura deposit diamond drill program at its wholly owned Iberia Belt West Project has now completed the 15 day period required to complete the permitting process. There were no further submissions during that period and the process now will conclude with the issuing of the permit. The Company is immediately mobilizing four diamond drills to the [...]
Emerita Resources Corp. announces that the permitting for the Romanera and El Cura deposit diamond drill program at its wholly owned Iberia Belt West 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 and it has been approved by the legal [...]
Emerita Resources Corp. is aware that a report has been published by a short seller of Emerita shares which contains numerous falsehoods, inaccuracies and misrepresentations about the Company's assets, management and directors, designed to financially benefit the author of the report by causing the price of Emerita shares to drop. The Company categorically rejects the misinformation published in this report and stands by [...]
Emerita Resources Corp. announces that it has been notified that Court #3 of the Seville Court will hear the final phase of the Aznalcollar criminal trial. This notification pertains to the criminal trial and is separate from the Administrative Court hearings for which the Company has not yet received notification. Magistrate ?ngel M?rquez Romero has been appointed as the lead judge responsible for resolving the sentences [...]
Emerita Resources Corp. has engaged the services of Generation IACP Inc. to provide services as a market maker in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. Generation will receive a fee of C$7,500 plus applicable taxes per month. The agreement between the Company and Generation is for an initial term of six months and shall be automatically renewed for [...]
Emerita Resources Corp. announces that the permitting for the Romanera and El Cura deposit diamond drill program at its wholly owned Iberia Belt West Project is nearing the conclusion and the Company expects to be able to commence the drill program on those targets in the coming weeks. According to David Gower, P.Geo., CEO of Emerita, "Our entire team is excited to get the drills turning to delineate these two deposits [...]
Emerita Resources Corp. is pleased to announce that it has been ranked as one of the top 10 performing mining stocks in the TSX Venture 50 for its 2021 performance. The TSX Venture 50 are the top ten companies listed on TSX Venture Exchange in each of five major industry sectors - mining, energy & energy services, clean technology & life sciences, diversified industries, and technology - based on a ranking formula with [...]
Emerita Resources Corp. has granted a total of 3,200,000 stock options to various directors, officers and consultants pursuant to its stock option plan. The options may be exercised at a price of $2.75 per option for a period of five years from the date of grant. The grant of options remains subject to the approval of the TSX Venture Exchange. About Emerita Resources Corp. Emerita is a natural resource company engaged in [...]
Emerita Resources Corp. is providing an update of its ongoing exploration programs in Spain. The exploration program has resumed at its wholly-owned IBW project with four diamond drills operating presently. Progress is being hindered both in the field and at the assay labs presently due to the Covid-19 pandemic. Presently, there are seven Emerita employees in quarantine. Thankfully, they are mildly symptomatic to [...]
Emerita Resources Corp. announces that the Andalucian Environment Department in Huelva Province has issued its resolution and published it in the official gazette approving the Company's diamond drill plan for the west side of the Iberia Belt West project on January 7, 2022 such that the entire Project is now permitted for drilling. This portion of the IBW Project hosts the large Romanera deposit and the El Cura deposit [...]
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 [...]