Emerita Resources Corp. announces that it has entered into a credit agreement with Nebari Natural Resources Credit Fund II, LP pursuant to which the Company will borrow up to an maximum aggregate principal amount of USD$15,000,000 from the Lender to be issued in three tranches of: USD$6,000,000 ; USD$4,500,000 ; and USD$4,500,000 . The Loan will [...]
Emerita Resources Corp. is pleased to report that the nominees listed in the management proxy circular dated June 28, 2024 for the annual and special meeting of shareholders of Emerita held on August 9, 2024 were elected as directors of the Company. The appointment of each of the nominees to the Company's board was approved by more than 96% of the [...]
Emerita Resources Corp. has intersected significant mineralization in an ongoing drilling campaign at El Cura, part of Emerita's wholly owned Iberian Belt West project . IBW hosts three previously identified Volcanogenic Massive Sulfide deposits: La Romanera, El Cura and La Infanta. Results contained in this news release are from El Cura deposit [...]
Emerita Resources Corp. is pleased to announce that the Junta of Andalusia has declared via a written resolution that the Company's wholly-owned Iberian Belt West project is of strategic interest for Andalusia and granted the Project with the Declaration of Strategic Interest status . The Declaration of Strategic Interest is designed to streamline [...]
Emerita Resources Corp. has intersected additional significant mineralization in drilling at El Cura deposit area, part of Emerita's wholly owned Iberian Belt West project . IBW hosts three previously identified Volcanogenic Massive Sulfide deposits: La Infanta, La Romanera and El Cura. All three IBW deposits are open for expansion along strike and [...]
Emerita Resources Corp. has intersected significant new mineralization in drilling at El Cura deposit area, part of Emerita's wholly owned Iberian Belt West project . IBW hosts three previously identified Volcanogenic Massive Sulfide deposits: La Infanta, La Romanera and El Cura. Results contained in this news release are from El Cura deposit area [...]
Emerita Resources Corp. is pleased to provide an update on the metallurgical testing program on its wholly-owned Iberian Belt West Project . Emerita Resources has conducted Metallurgical testing Phase I, in collaboration with Wardell Armstrong International and SRK Consulting . The goal of the Phase I Program was to demonstrate that commercial [...]
Emerita Resources Corp. announces that further to its press release on April 18, 2024, it has closed a non-brokered private placement financing of 12,500,000 units at $0.40 per Unit for gross proceeds of $5,000,000 . Each Unit is comprised of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant [...]
Emerita Resources Corp. is pleased to provide an update on the ongoing metallurgical testing program and provide test results . The goal of the program is to demonstrate that commercial grade concentrates can be produced from the Iberian Belt West project and at recoveries which are potentially economic and provide required data for planned mill [...]
Emerita Resources Corp. announces it has entered into binding subscription agreements with four investors with respect to a non-brokered private placement financing of 12,500,000 Units at $0.40 per Unit for gross proceeds of $5,000,000 . The Company believes the investors are long-term investors and are supportive of the Company's strategy to [...]
Emerita Resources Corp. is pleased to announce Jorge A. Blanco Avilés, a highly experienced metallurgist, has joined its Spanish senior management team as Director of Metallurgy. Mr. Blanco has had a distinguished career as a Metallurgist in both mine site operations and smelting operations, spanning more than 25 years. Since 2010, Mr. Blanco was [...]
Emerita Resources Corp. is pleased to announce additional assay results from the ongoing drilling program at La Romanera deposit, part of Emerita's wholly owned Iberian Belt West project. IBW hosts three previously identified massive sulphide deposits: La Infanta, La Romanera and El Cura. Results contained in this release are from La Romanera. All [...]