- Emerita Resources (EMO) has received assays for the first two drill holes from the Infanta drill program
- A second diamond drill has been added, expediting the drilling of the La Infanta deposit
- Emerita will add a third drill rig once the company begins drilling on the Romanera and/or El Cura deposits
- The ongoing EM survey is providing information that will be valuable in targeting drill holes
- Emerita is a natural resource company engaged in the acquisition, exploration and development of mineral properties in Europe
- Emerita Resources Corp. (EMO) opened trading at C$1.95 per share
Emerita Resources (EMO) has received assays for the first two drill holes from the Infanta drill program.
Additional assays are expected in the coming week and it is expected there should be a steady flow of new assay data as drill holes are completed going forward.
There are presently six drill holes in the process of being assayed. Emerita has added a second diamond drill which is expediting the drilling of the La Infanta deposit.
Results from the first two assays of the drill program include:
- Hole IN004: 7.45 metres of 1.67% copper, 6.01% lead, 11.49% zinc, 90.1 g/t silver and 0.49 g/t gold
- Including 2.65 metres of 3.76% copper, 15.29% lead, 28.81% zinc, 206.4 g/t silver and 1.08 g/t gold
- Hole IN001: 4.0 metres of 0.07% copper, 1.68% lead, 3.40% zinc, and 11.50m g/t silver
- Hole IN001: 2.8 metres of 0.02% copper, 3.79% lead, 7.50% zinc and 12.95 g/t silver
Emerita’s President, Joaquin Merino, P.Geo. commented on the drill program.
“It’s a very exciting time to be working in our core shack. With two drills operating now, we are seeing a steady supply of new drill core and are awaiting every batch of assays with anticipation. These are the first two holes for which we have complete assays, however all drill holes to date have well mineralized intervals that are now in the pipeline for assays. We are systematically stepping out through the deposit to build the geological model that will meet the requirements for establishing a NI 43-101 compliant mineral resource estimate.”
The initial drill program at Infanta confirms that mineralization should persist over that strike length and this is further supported by the preliminary results of the ongoing geophysical survey, which also suggests the mineralization continues to depth below the historical drilling.
There are 49 historical holes delineating the deposit to date and the program is moving from the known mineralization and stepping out systematically along strike and down dip to establish a NI 43-101 compliant mineral resource estimate for the deposit.
David Gower, P.Geo., Emerita’s CEO noted,
“This is just the beginning of this project. The team is excited by what we are seeing in the core shack. The ongoing EM survey is providing excellent information that will be valuable in targeting drill holes and data suggests the deposits continue at depth well beyond present drilling. Emerita will add a third drill rig once we commence drilling on the Romanera and/or El Cura deposits.”
Emerita is a natural resource company engaged in the acquisition, exploration and development of mineral properties in Europe.
Emerita Resources Corp. (EMO) opened trading at C$1.95 per share.
