Emerita’S Iberian Belt WEST Project (Ibw) Has Been Granted with the Declaration of Strategic Interest BY the Junta of Andalusia
EMERITA’S IBERIAN BELT WEST PROJECT (IBW) HAS BEEN GRANTED WITH THE DECLARATION OF STRATEGIC
INTEREST BY THE JUNTA OF ANDALUSIA
TORONTO, July 31, 2024 – Emerita Resources Corp. (TSX – V: EMO; OTCQB: EMOTF; FSE: LLJA) (the “Company”
or “Emerita”) is pleased to announce that the Junta of Andalusia (the Regional Government of the Autonomous
Community of Andalusia) has declared via a written resolution that the Company’s wholly -owned Iberian Belt
West project ( “IBW” or the “Project” ) is of strategic interest for Andalusia and granted the Project with the
Declaration of Strategic Interest (“DSI”) status (known in Spanish as “Declaración de Interés Estratégico”).
The Declaration of Strategic Interest is designed to streamline the administrative procedures to support economic
business initiatives, and thus promote investment and the generation and securing of jobs in the Andalusia region.
Once it has been granted, the Junta of Andalusia assigns officials from different areas of government to deal with
the documents submitted by the company as a matter of priority. Once a project is screened into this designation,
there are firm timelines established for completing d ocumentation and with the assistance of the senior
government officials assigned to the project the time required to complete the regulatory process is highly
streamlined. Junta officials are already engaging in the IBW Project, with the initial kick-off meeting taking place
today (July 31, 2024). According to David Gower, P .Geo, CEO of Emerita, “This is a highly innovative approach
the Andalusia and Huelva governments have taken and truly represents concrete action that is expected to
improve the business investment climate in the region. By this declaration, the y have essentially declared the
Project is important to the economic well being of the region and they have become a partner by assisting the
Company to ensure its successful implementation.”
The IBW Project is hosted within the renowned Iberian Pyrite Belt, one of the most productive volcanogenic
massive sulphide (VMS) terranes in the world. The IBW Project encompasses three polymetallic deposits. From
east to west: Infanta, El Cura, and Romanera. In May 2023, Emerita released a maiden NI 43 -101 compliant
mineral resource estimate for La Romanera and La Infanta deposits (see press release May 23, 2023).
In September 2023, Emerita applied for the exploitation concession derived from an investigation permit (see
press release September 12, 2023). In February 2024, the Company filed an application to present the IBW Project
as strategic for the region, as it was considered that the Project fulfilled all the necessary requirements.
“The fact that our Project has been declared of strategic interest is a significant step for Emerita’s success at IBW.
This declaration is aligned with our efforts to achieve a leading -edge project committed to the preservation of
the environment; and to the social, economic and employment development, using the most modern
technologies available, in the province of Huelva”, stated Joaquin Merino, P .Geo., President of Emerita.
About Emerita Resources Corp.
Emerita is a natural resource company engaged in the acquisition, exploration, and development of mineral prop-
erties 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, the Company’s ability to obtain the requisite permits and approvals, the support of the Anda-
lusian government, the Company’s ability to develop the IBW project, impact of the DSI on the Company, the
economic viability of the IBW project, the Company’s future exploration plans and the Company’s future plans.
Generally, forward-looking information can be identified by the use of forward -looking terminology such as
“plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled” , “estimates”, “forecasts”, “in-
tends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state
that certain actions, 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, uncertainties 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, geopolitical and social uncertainties; the actual results
of current exploration activities; risks associated with operation in foreign jurisdictio ns; ability to successfully
integrate the purchased properties; foreign operations risks; and other risks inherent in the mining industry.
Although Emerita has attempted to identify 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
anticipated, 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 anticipated 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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POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF
THIS RELEASE.