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EMO.V ·

Emerita Intersects 16.9 Meters Grading 1.4% Copper, 2.1% Zinc, 0.93 G/T GOLD, 42.66 G/T Silver and 7.2 Meters Grading 1.0% Copper, 1.9% Zn, 1.31 G/T GOLD, 60.10 G/T Silver at El Cura Deposit Toronto, August, 20, 2025-- Emerita Resources Corp. (TSX-V: EMO; OTCQB: Emotf; Fse: Llja)

Drill Results

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EMERITA INTERSECTS 16.9 METERS GRADING 1.4% COPPER, 2.1% ZINC, 0.93 G/T GOLD, 42.66

G/T SILVER AND 7.2 METERS GRADING 1.0% COPPER, 1.9% ZN, 1.31 G/T GOLD, 60.10 G/T SILVER

AT EL CURA DEPOSIT

TORONTO, August, 20, 2025-- Emerita Resources Corp. (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA)

(the “Company” or “Emerita”) announces results from its ongoing resource expansion and in- fill drilling

campaign at its El Cura deposit. El Cura is part of Emerita’s wholly owned Iberian Belt West project (“IBW”

or the “Project”; Figure 1) which includes three Volcanogenic Massive Sulfide (VMS) deposits: La

Romanera, El Cura and La Infanta.

El Cura deposit has potential to significantly increase IBW resource tonnes with additional high-grade gold

and copper mineralization. The Company has approved an additional 10,000 meters of diamond drilling

at El Cura due to the results of the program to date which demonstrate the deposit remains open for

possible expansion at modest depth. This drilling will focus on converting the previously delineated

Inferred Mineral Resource Estimate to an Indicated Mineral Resource Estimate in support of economic

studies, as well as extending the lower and western regions of the known resource.

Recent results from the ongoing drilling campaign at El Cura include:

• Drill hole EC057: 3.1m grading 2.3% copper, 1.8% lead, 4.7% zinc, 2.21 g/t gold and 78.71 g/t

silver, including a 1.9m interval grading 3.3% copper, 2.5% lead, 6.2% zinc, 3.13 g/t gold and

110.58 g/t silver.

• Drill hole EC062: 7.2m grading 1.0% copper, 1.4% lead, 1.9% zinc, 1.31 g/t gold and 60.10 g/t

silver.

• Drill hole EC067: 16.9m grading 1.4% copper, 1.0% lead, 2.1% zinc, 0.93 g/t gold and 42.66

g/t silver, including a 3.1m interval grading 1.1% copper, 1.5% lead, 3.5% zinc, 1.46 g/t gold

and 59.69 g/t silver.

• Drill hole EC068: 2.7m grading 1.3% copper, 1.0% lead, 3.2% zinc, 1.58 g/t gold and 46.59 g/t

silver.

Figure 1. IBW tenement and locations of La Romanera, El Cura and La Infanta deposits.

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Table 1 shows drill results received subsequent to Company’s July 14, 2025 News Release.

Table 1: Recent drilling results received for El Cura deposit. True thickness is expected to be

between 80-90% of core width for these intercepts.

Discussion

Methodical definition drilling has shown a distinct westward plunge to the deposit and the Company

continues to trace this trend with drilling. Additional drill holes are in-progress nearer to surface to rapidly

and cost-effectively grow the resource up dip. The majority of the reported results are in the upper western,

lower eastern and lower central portions of the deposit (Figure 3). To the east, holes EC049C, EC064 and

EC066 tested the lower eastern portion of the deposit, and the heart of the eastern zone has returned the

thickest intercept yet at El Cura, in hole EC067. The central portion of the deposit continues to return

notable results, as indicated by holes EC063 and EC059B (Table 1). Hole EC068 returned the third

highest interval gold and silver grades at El Cura (2.7m grading 1.58 g/t gold, 46.59 g/t silver), after holes

EC034 (1.1m grading 3.47 g/t gold, 148.18 g/t silver) and EC029B (0.8m grading 3.93 g/t Au, 213.00 g/t

silver). In accordance with the westward plunge of the mineralization, holes EC060 and EC061 limit the

upper margin of the deposit to the west, passing above the plunge of the massive sulphide layer, 130m

from surface.

El Cura holds significant expansion potential at depth. With over 70 holes completed in the program,

Emerita has demonstrated mineralization is more extensive than indicated by historical work in the 1970s

and 1980s by previous operators. In the historical program, a single hole that tested 73m below surface

was thought to close the deposit to the west but was too shallow to intercept the plunging mineralized

zone. Emerita hole EC046 intercepted 8.9m grading 1.1% copper, 0.3% lead, 0.0% Zn, 1.21 g/t gold and

15.48 g/t silver 230m below the historic hole. Likewise, the deepest historical hole anywhere at El Cura

intercepted the zone of interest 220m below surface, passing through a weakly mineralized zone of

unsampled “low -grade”. On this same section however, Emerita has intercepted 1.7m grading 0.9%

copper, 2.1% lead, 4.1% zinc, 2.12 g/t Au, and 69.82 g/t Ag in hole EC021, 270m below the historic blank

hole and 413m below surface; as well as 3.0m grading 0.9% Cu, 1.3% Pb, 1.1% Zn, 1.33 g/t Au, and 53.46

g/t Ag in hole EC053, 214m below the historic blank hole and 357m below surface, among others. The

Company will continue to delineate the El Cura resource which has not been fully outlined and potential

exists well below the historic, superficial investigations.

A plan view map displaying the drill hole traces with the reported drill holes shown in redis included in

Figure 2.

DDH Easting Northing Elevation Azimuth Dip Depth (m) FROM TO Width (m) Cu % Pb % Zn % Au g/t Ag g/t

EC049C 650049.9 4171540.4 135.0 221 -64 431.10 395.8 396.3 0.5 0.2 0.1 0.1 0.68 9.00

EC054 650049.9 4171540.4 135.0 185.0 -61 291.2 278.2 281 2.8 1.3 2.3 4.6 0.38 53.71

EC057 649464.0 4171422.0 137.0 120.0 -41 294.7 277 280.1 3.1 2.3 1.8 4.7 2.21 78.71

incl. 277.7 279.6 1.9 3.3 2.5 6.2 3.13 110.58

EC058 649834.0 4171569.0 126.0 161 -60 410.4 375.6 377.2 1.6 0.9 0.7 0.2 1.91 61.88

EC059B 649685.0 4171500.0 127.0 140 -76 398.4 382.55 388.9 6.3 0.5 1.5 0.8 1.45 66.93

incl. 384.1 387.75 3.6 0.5 2.4 1.1 1.49 80.74

EC060 649464.0 4171422.0 137.0 134 -33 260.2

EC061 649464.0 4171422.0 137.0 149 -38 254.0

EC062 649685.0 4171500.0 127.0 140 -68 325.9 309.85 317.05 7.2 1.0 1.4 1.9 1.31 60.10

incl. 313.95 315.95 2.0 1.3 1.7 1.6 2.09 98.50

EC063 649834.0 4171569.0 126.0 144 -59 421.0 393.2 396.9 3.7 0.5 0.1 0.0 1.69 24.82

EC064 650049.9 4171540.4 135.0 165 -60 291

EC065 649464.0 4171422.0 137.0 144 -25 243.2 222.6 223.3 0.7 0.6 0.1 0.0 0.52 16.00

EC066 650049.9 4171540.4 135.0 165 -68 356 346.65 347.15 0.5 0.1 1.7 2.6 0.15 49.00

EC067 650049.9 4171540.4 135.0 197 -59 314.1 284.3 301.2 16.9 1.4 1.0 2.1 0.93 42.66

incl. 292.1 295.2 3.1 1.1 1.5 3.5 1.46 59.69

EC068 649834.0 4171569.0 126.0 168 -25 264.5 235.8 238.5 2.7 1.3 1.0 3.2 1.58 46.59

NO SIGNIFICANT ASSAY

NO SIGNIFICANT ASSAY

NO SIGNIFICANT ASSAY

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Figure 2. Plan view map showing drill hole traces of El Cura drilling. Hole traces in this news release are colored

red.

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Figure 3. Vertical longitudinal section of El Cura deposit, oriented east-west, looking north. Holes EC049C, EC054,

EC057, EC058, EC059B, EC060, EC061, EC062, EC063, EC064, EC065, EC066, EC067 and EC068. Deposit as presently

delineated is indicated in green.

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Figure 4. Geological cross sections. A: Section 649550E showing holes EC057, EC060 and EC065. B: Section

649750E showing holes EC059B and EC062. C: Section 649580E showing hole EC068. D: Section 649900E

showing hole EC058.

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Figure 4 continued. Geological cross sections. E: Section 649950E showing hole EC063. F: Section 650050E showing

holes EC049C and EC067. G: Section 650100E showing holes EC049C, EC054 and EC066.

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Figure 5. Photos of El Cura drillcore: A: EC049C fine grained pyritic massive sulphide. B: EC054 massive sulphide

with chalcopyritic within fracture planes and in veinlets. C: EC057 massive sulphide with chalcopyrite rich layers

and galena/sphalerite rich intervals. D: EC058 faulted pyritic massive sulphide.

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Figure 5 continued. Photos of El Cura drillcore: E: EC059B polymetallic massive suphide with fine stringers of

chalcopyrite and galena/sphalerite. F: EC062 massive sulphide dominated by pyrite, with disseminated to patchy

chalcopyrite, crosscut by quartz veinlets overprinted with chalcopyrite and sphalerite. G: EC063 massive sulphide

with chalcopyrite in crystals and veinlets, seen associated with quartz veining. H: EC064 pyritic sulphide vein with

mm chalcopyrite crystals. I: EC065 centimetric chalcopyrite blebs and crystals.