EMO:TSX.V; EMOTF:OTCMKTS; LLJ:FSE

Emerita Resources Corp.

Emerita is a natural resource company engaged in the acquisition, exploration and development of mineral properties in southern Spain, with a primary focus on developing its high grade copper – zinc – silver deposits at the Iberia Belt West project. The Company’s technical office and technical team are based in Andalusia, Spain with an corporate office in Toronto, Canada.
EMO:TSX.V EMOTF:OTCMKTS LLJ:FSE

Expert Comments:

As Emerita Resources moves ahead with exploring one high-grade project, a case moving through the Spanish courts may lead it to being awarded another.
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Varun Arora, Clarus Securities

(7/23/21)
"We are initiating coverage on Emerita Resources Corp. with a Speculative Buy rating. . .IBW offers a significant resource growth potential and a high-grade development opportunity that could drive a significant rerating of the stock from its current level. . .the big prize for the company will be the awarding of the tender for the world-class, past-producing Aznalcollar mine that is the subject of an ongoing criminal legal dispute."

Emerita Resources' projects and upside potential are discussed in a Research Capital Corp. report.
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Adam Schatzker, Research Capital Corporation

(6/24/21)
"Emerita Resources Corp. issued a press release summarizing the recent events that transpired in the Spanish courts and how these relate to the Aznalcóllar tender process. The outcome looks to be quite positive for the company and points to a higher probability that it will eventually be declared the winning bidder for the tender."

Adam Schatzker, Research Capital Corporation

(6/15/21)
"We are initiating coverage of Emerita Resources Corp. with a Speculative Buy. . .[the company] is building the next zinc exploration company in the famous Iberian Pyrite Belt . . .the company is worthy of investment based on the IBW project alone. However, the real upside for shareholders would be realized should Emerita successfully acquire the Aznalcóllar project through the tender process. . . we believe there should be a resolution before the end of 2021. . .We think EMO is an excellent exploration vehicle for investors seeking exposure to high-quality zinc exploration assets with excellent infrastructure, a solid mining culture and low political risk."

Emerita Resources reported it received approval for Infanta Deposit drilling from the Huelva Mining Department for its West Iberian Belt Cu-Pb-Zn-Ag project in Spain.
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Experts Following This Company

Varun Arora, Analyst – Clarus Securities
Stuart McDougall, Mining Analyst, Equity Research – Research Capital Corporation
Adam Schatzker – Research Capital Corporation

Company News

7/29/2021 – Emerita Announces Stock Option Grants

7/20/2021 – Emerita Adds Second Drill to La Infanta Drill Campaign, Provides Update

7/9/2021 – Emerita Provides Update on New Developments in Aznalcollar Court Proceedings, Spain

6/24/2021 – Emerita Provides Update on Aznalcollar Court Proceedings, Spain

5/28/2021 – Emerita Receives Resolution From Mining Department Approving Drilling at El Cura and La Romanera Targets in Addition to the La Infanta Drilling and Provides Corporate Update

5/10/2021 – Emerita Provides Results of Surface Sampling From Geological Mapping Program, Iberia Belt West Project

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
 
100% ownership of Iberia Belt West (IBW) project with 3 high grade base+precious metal deposits at surface
 
Fully financed to execute aggressive diamond drill program at IBW in area with operating mines.
 
Dispute on world class Aznalcollar project expected to be resolved in EMO’s favor Q2
catalyst Calendar
Q2
2021
Permitting of drill program on high grade Infanta Deposit, Iberia Belt West Project April 1
Q2
2021
Mapping and sampling assays for 3 deposits on IBW (April 15)
Q2
2021
Drill results from high grade Infanta deposit (April 30)
Emerita Resources Corp. Content