Emerita Resources Corp.

Emerita Resources Corp. announces that along with its partner, the Aldesa Group , it has received the necessary permits to commence drilling on its Plaza Norte zinc project located in Cantabria, Spain. Update meetings were held recently in Santander with Government officials and the Honorable Miguel Angel Revilla, President of Cantabria Region. At a joint press conference with the Company, the Honorable Mr. Revilla [...]

Emerita Resources Corp. announces that it has received strong support from its shareholders for consolidation of its common shares on the basis of one new common share for every five common shares outstanding. Of the votes cast by shareholders at the Emerita special shareholder meeting, 97.966% voted in favor of consolidation of the Company’s common shares. The Board will advise shareholders in the near future when [...]

Emerita Resources Corp. along with its Spanish joint venture partner, the Aldesa Group , have received all permits required to initiate the exploration program at the jointly owned Plaza Norte Project located in Cantabria Region, northern Spain. The Project was acquired in a public tender process organized by the Dirección General de Industria, Comercio y Consumo -Consejería de Innovación, Industria [...]

Emerita Resources Corp. announces its intention to seek the necessary approvals to consolidate its common shares. The Company has called a special meeting of common shareholders for Wednesday, December 19, 2018 at 10:00 a.m. . The Meeting will be held at the Company’s head office at 65 Queen Street West, 8th floor boardroom, Toronto, Ontario M5H 2M5. Emerita shareholders will be asked to consider and approve a share [...]

Cantabria Region Northern Spain Emerita Resources Corp. has terminated its option agreement, as amended, with Vale S.A. and IMS Engenharia Mineral Ltda. to acquire the Salobro zinc project in Minas Gerais State, Brazil. In order to maintain the option in good standing, the Company would have been required to pay Vale US$1.65 million on or before September 30, 2018. The Company attempted to renegotiate the payment terms [...]

Emerita Resources Corp. has exercised its option and acquired a 100% interest in the Falcon Litio MG Project pursuant to the terms of the binding letter agreement with Falcon Metais Ltda. entered into on June 13, 2016. As consideration, Emerita has issued 500,000 common shares to Falcon. The Emerita common shares issued to Falcon are subject to a statutory hold period which expires on January 13, 2019. Please see [...]

Emerita Resources intends to complete a non-brokered private placement financing of up to 60,000,000 units of Emerita at a price of $0.05 per Unit for gross proceeds of up to $3,000,000. Each Unit shall be comprised of one common share of Emerita and one-half of one common share purchase warrant. Each Warrant shall entitle the holder to acquire one Common Share at a price of $0.15 for a period of 24 months following the [...]

TORONTO, July 26, 2018 -- Emerita Resources Corp. announces that it has completed the initial diamond drill program at the Salobro zinc project and received assays results from the drill campaign. The Company also announces that David Gower, P.Geo., has been appointed the Chief Executive Officer of the Company, effective August 1, 2018. Michael Timmins will become the Chairman of the Company’s Board of Directors [...]

TORONTO, June 07, 2018 -- Emerita Resources Corp. announces that it has received assay results from three additional diamond drill holes from its ongoing drill project at the Salobro Project. Two of the drill holes tested for near surface mineralization in order to determine potential for a starter pit as part of its extensive development planning. The third drill hole was notable in being a significant step out hole that [...]

TORONTO, June 01, 2018 -- Emerita Resources Corp. announces that it has received the assay results for the re-sampling of the historical diamond drill core at the Salobro zinc project located in Minas Gerais, Brazil. These assay results will be used by the Company to support the NI 43-101 mineral resource estimate that the Company expects to prepare for the Salobro Project. Graph 1: Zn Histograms for full assays results [...]