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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
TORONTO, May 23, 2018 -- Emerita Resources Corp. announces that it has received the initial diamond drilling results from its drill program at its Salobro zinc project located in Minas Gerais State, Brazil . Drilling results to date Location of the Salobro zinc project, Minas Gerais State, Brazil. Salobro Long Section Salobro Plan View The phase 1 [...]
TORONTO, May 16, 2018 -- Emerita Resources Corp. announces that it has received approval from the TSX Venture Exchange to extend to August 20, 2018 the expiry date of 16,450,000 common share purchase warrants that were previously set to expire on May 20, 2018. Each Warrant is exercisable for one common share in the capital of the Company for an [...]
Emerita Resources announces that it has applied to the TSX Venture Exchange to extend to August 20, 2018 the expiry date of 16,450,000 common share purchase warrants that were previously set to expire on May 20, 2018. Each Warrant is exercisable for one common share in the capital of the Company for an exercise price of $0.10. About Emerita [...]
TORONTO, April 10, 2018 -- Emerita Resources Corp. has received the necessary permits to commence diamond drilling and drills have been mobilized to its Salobro zinc project located in Minas Gerais State, Brazil . Emerita has awarded the drilling contract to Sevitec/Foraco Drilling, and staff are on site preparing for the commencement of the [...]
TORONTO, March 28, 2018 -- Emerita Resources Corp. announces that Mackie Research Capital Corp. has initiated coverage on the Company following the completion of the acquisition of the Salobro project in Brazil by Emerita. About Emerita Resources Corp. Emerita is a natural resource company engaged in the acquisition, exploration and development of [...]
TORONTO, March 15, 2018 -- Emerita Resources Corp. announces that it has completed the acquisition of the Salobro zinc project located in Minas Gerais State, Brazil . The rights to the Salobro Project have now been transferred to the Company’s Brazilian subsidiary, Zinco das Gerais, and the transfer has been published in the Brazilian [...]
TORONTO, Feb. 15, 2018 -- Emerita Resources Corp. has commenced its exploration program at the Salobro zinc project in Brazil and it has decided to fast track the Salobro Project in order to reach a development and construction decision. The Company has recently completed an internal scoping study, including a conceptual mine plan, based on the [...]