Emerita Intersects 9.3 Meters Grading 1.1% Copper and 1.2 G/T GOLD with Additional Base Metal Sulphides at El Cura Deposit
EMERITA INTERSECTS 9.3 METERS GRADING 1.1% COPPER AND 1.2 G/T GOLD WITH ADDITIONAL BASE
METAL SULPHIDES AT EL CURA DEPOSIT
TORONTO, February 13, 2025 - Emerita Resources Corp. (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA) (the “Company”
or “Emerita”) continues to intersect copper-gold mineralization with associated zinc -lead-silver at its ongoing
drilling campaign at El Cura, building on previously encountered mineralization discovered on the Project. El Cura
is part of Emerita’s wholly owned Iberian Belt West project (“IBW” or the “Project”; Figure 1) which includes three
identified Volcanogenic Massive Sulfide (VMS) deposits: La Romanera, El Cura and La Infanta. Results contained in
this news release are from El Cura deposit area only, and include:
• Drillhole EC037 intersected 9.3m grading 1.1% copper, 0.7% lead, 2.1% zinc, 1.2 g/t gold and 34.8 g/t
silver, including 2.5m grading 1.7% copper, 0.9% lead, 3.8% zinc, 2.0 g/t gold and 47.3g/t silver;
• Drillhole EC036 intersected 5.2m grading 2.1% copper, 1.3% lead, 2.8% zinc, 1.6 g/t gold and 65.5 g/t
silver;
• Drillhole EC034 intersected 1.1m grading 2.2% copper, 2.0% lead, 6.7% zinc, 3.5 g/t gold and 148.2 g/t
silver.
• Drillhole EC024 intersected 2.0m grading 0.9% copper, 0.2% lead, 0.3% zinc, 0.9 g/t gold and 17.63 g/t
silver; and
• See Table 1 below for a full list of drill results. The database for El Cura will include these drill results and
several additional holes with pending assays to be included in the forthcoming updated NI 43-101 mineral
resource estimate (MRE) for the Project . Drilling will continue to follow up the higher -grade thicker
portion of the deposit once the database is locked for the MRE.
Table 1 summarizes the recently received drill results from El Cura and demonstrates that copper-gold rich
mineralization continues to occur within wider intervals of polymetallic base metal mineralization at El Cura.
Table 1: Recent drilling results received for El Cura deposit.
DDH Easting Northing Elevati
on
Azimut
h Dip Depth
(m) FROM TO Width
(m) Cu % Pb % Zn % Au g/t Ag g/t
EC024 649685.0 4171500.0 127.0 195.0 -62.0 356.65 311.35 313.4 2.0 0.9 0.2 0.3 0.9 17.6
incl. 311.35 312 0.6 2.4 0.1 0.0 2.1 23.0
EC026 649685.0 4171500.0 127.0 191.0 -54.0 374.4 268.45 268.95 0.5 1.7 0.1 0.1 1.4 18.0
EC027 650049.9 4171540.4 135.0 200.0 -45.0 259.7 NO SIGNIFICANT INTERSECTS
EC029 649686.2 4171494.2 128.2 177.4 -53.0 318.5 249.3 259.25 9.9 0.2 0.3 0.9 0.2 5.9
incl. 249.3 250 0.7 0.8 2.4 5.0 0.5 28.0
incl. 257.8 259.25 1.4 0.4 0.8 3.2 0.3 15.9
EC029B 649685.0 4171500.0 127.0 177.0 -52.0 298.5 251.1 251.9 0.8 6.7 3.9 9.3 3.9 213.0
EC030 650049.9 4171540.4 135.0 181.0 -47.0 266.3 222.5 225.2 2.7 1.2 0.8 2.9 0.8 38.0
EC031 649685.0 4171500.0 127.0 142.0 -62.0 389.4 298.35 302.5 4.1 0.4 0.4 0.9 0.4 22.9
incl. 301.55 302.5 0.9 0.2 1.4 3.1 0.9 60.0
EC033 650049.9 4171540.4 135.0 145.0 -48.0 274.6 NO SIGNIFICANT INTERSECTS
EC034 649685.0 4171500.0 127.0 140.0 -45.0 337.8 249.2 250.3 1.1 2.2 2.0 6.7 3.5 148.2
EC025B 649685.0 4171500.0 127.0 140.0 -56.0 334.2 266.5 271.45 4.9 1.1 0.2 0.5 0.8 30.5
incl. 269.8 271.45 1.6 2.5 0.5 1.0 1.9 78.5
EC035 650049.9 4171540.4 135.0 210.0 -47.0 318.7 NO SIGNIFICANT INTERSECTS
EC036 649834.0 4171569.0 126.0 170.0 -46.0 293.6 266.7 271.8 5.2 2.1 1.3 2.8 1.6 65.5
EC037 650049.9 4171540.4 135.0 205.0 -56.0 352.3 304.2 313.5 9.3 1.1 0.7 2.1 1.2 34.8
incl. 308 310.5 2.5 1.7 0.9 3.8 2.0 47.3
EC038 650268.4 4171630.8 135.0 200.0 -26.0 316.1 NO SIGNIFICANT INTERSECTS
Figure 1. IBW tenement and locations of La Romanera, El Cura and La Infanta deposits.
Discussion
These results extend El Cura deposit’s mineralization further west as demonstrated by holes EC024, EC026, EC029
and EC029B. EC029 represents a significant width of polymetallic mineralization, as does EC037 which was drilled
to improve the confidence within the central portion of the deposit and achieve spacing for an indicated mineral
resource estimate category.
Numerous holes have been drilled to demonstrate continuity within the deposit, which is now confirmed by holes
EC025B, EC031, EC034, EC036 and EC037.
El Cura continues to show impressive gold and copper grades, with EC037 having 9.3m @ 1.2 g/t Au carrying 1.1%
Cu, EC036 having 5.2m @ 1.6 g/t Au carrying 2.1% Cu. EC024 with 2.0m @ 0.9 g/t Au and 0.9% Cu from 311.35m,
and EC034 intercepting 1.1m @ 3.5 g/t Au and 1.1% Cu from 249.20m (see Table 1).
Figure 4 shows the drilling on their respective sections outlined in Table 1. Figure 5 shows several photoplates of
mineralization intersected at El Cura featuring copper-gold rich mineralization.
Figure 2. Plan view map showing drill hole traces of the El Cura drilling. Hole traces in this news release colored
red.
Figure 3. Drill hole pierce points projected to a vertical plane-oriented East-West, looking north. Holes EC021,
EC022, EC023 and EC028 are shown in red. Lens shape (in green) indicates the geometry.
Figure 4. A: Interpretive geological cross sections. A: Section CS 9648E showing holes EC024 and EC026.
B: Section 9679E showing hole EC029.
Figure 4 (Continued). Interpretive geological cross sections. C: Section CS 9800E showing holes EC025B, EC031
and EC034. D: Section 650110E showing hole EC030. E: Section CS 9832E showing hole EC036. F: Section 9679E
showing hole EC029B.
Figure 5. Photoplate showing selected drill
core. A: EC024; Semi-massive sulphide with
chalcopyrite bands.
B. EC034; semi-massive sulphide with
chalcopyrite in veins and patches
C: EC036; Chalcopyrite band within sulphides,
El Cura.
D: EC037; Massive sulphide breccia at 310m
in copper-gold rich zone where gold values
assayed up to 2.0 g/t Au (see Table 1)
Joaquin Merino, P.Geo., President of Emerita, states, “The results of the drilling at El Cura deposit should make a
significant contribution to the updated MRE we are expecting to complete around the end of Q1, 2025. Samples
of El Cura mineralization have already been sent for metallurgical testing and this data will be available for the
completion of the MRE as well.”
Quality Assurance/Quality Control
Drilling at El Cura is HQ size and core is placed into core trays at the drill site and transported directly from the site
to Emerita’s coreshack (15Km) from El Cura. Once the cores are received at Emerita's coreshack they are
photographed, and geotechnical logging is performed. Geological, mineralogical and structural logging follows and
mineralized zones are identified. The samples are marked eve ry 1m or less, and respecting lithological contacts,
with most of the samples 1.0m long. The zone immediately above and below the mineralized zones are also
sampled. Core samples are sawed in half and half of the core is returned to the core tray for future reference. Once
the core samples are cut, bagged and tagged, they are shipped to the ALS laboratory in Seville by Emerita personnel
for sample preparation. In Seville, ALS performs the mechanical preparation of the samples and then the pulps are
sent to ALS Ireland (ICP) and ALS Romania (fire assay). The analysis at ALS Lab corresponds to the ME -ICPore (19
elements) package, together with the Au-AA23 fire assay (Gold).
10% of the analyzed samples correspond to control samples (fine blanks, coarse blanks, high, medium and low -
grade standards). In addition, 10% of pulps are reanalyzed at a second independent certified laboratory (AGQ Lab
Sevilla). When the analysis is completed, the certificates are received from the laboratory and the QA/QC protocol
identifies any deviation or anomaly in the results and the entire batch is re-assayed in such cases. Once the data is
approved by the QA/QC protocol, assays are imported into the database.
Qualified Person
Scientific and technical information in this news release has been reviewed and approved by Mr. Joaquin Merino,
P.Geo., President of the Company and a Qualified Person as defined by NI 43-101.
About Emerita Resources Corp.
Emerita is a natural resource company engaged in the acquisition, exploration, and development of mineral
properties in Europe, with a primary focus on exploring in Spain. The Company’s corporate office and technical
team are based in Sevilla, Spain with an administrative office in Toronto, Canada.
For further information, contact:
Ian Parkinson
+1 647 910-2500 (Toronto)
www.emeritaresources.com
Cautionary Note Regarding Forward-looking Information
This press release contains “forward -looking information” within the meaning of applicable Canadian securities
legislation. Forward-looking information includes, without limitation, statements regarding the prospectivity of the
IBW project and El Cura, the ti ming of assays, the mineralizati on and the IBW project and El Cura, the economic
viability of the IBW project, the Company’s ability to establish a mineral resource estimate for the Project and timing
thereof, the Company’s future explora tion plans and the Company’s future plans. Generally, forward -looking
information can be iden tified by the use of forward -looking terminology such as “plans”, “expects” or “does not
expect”, “is expected”, “budget”, “scheduled”, “es timates”, “forecasts”, “intends”, “an ticipates” or “does not
anticipate”, or “believes”, or variati ons of such words and phrases or state that certain ac tions, events or results
“may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward - looking information is
subject to known and unknown risks, uncertain ties and other factors that may cause the actual results, level of
activity, performance or achievements of Emerita, as the case may be, to be materially different from those
expressed or implied by such forward-looking information, including but not limited to: general business, economic,
competitive, geopoli tical and social uncertain ties; the actual results of current explora tion ac tivities; risks
associated with operation in foreign jurisdictions; ability to successfully integrate the purchased properties; foreign
operations risks; and other risks inherent in the mining industry. Although Emerita has attempted to iden tify
important factors that could cause actual results to differ materially from those contained in forward -looking
information, there may be other factors that cause results not to be as an ticipated, estimated or intended. There
can be no assurance that such information will prove to be accurate, as actual results and future events could differ
materially from those an ticipated in such statements. Accordingly, readers should not place undue reliance on
forward-looking information. Emerita does not undertake to update any forward -looking information, except in
accordance with applicable securities laws.
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RELEASE