What are Emerita Resources Projects and Where are they Located?

Emerita: Unlocking Spain's Mineral Riches in the Iberian Pyrite Belt

Emerita, a Canadian natural resource company, spearheads a transformative journey in Spain's mineral-rich heartland, unveiling the unparalleled potential of the Iberia Belt West (IBW) project. Anchored in the famous Iberian Pyrite Belt of southern Spain, Emerita holds a 100% ownership interest in a colossal 26,000 hectares of prime mineral exploration territory.

Pioneering Iberia's Mineral Frontier

Land of Unmatched Expanse

Surpassing all in the region, Emerita's vast exploration territory spans over 26,000 hectares, housing the flagship Iberian Belt West project across 1,546 hectares, with an additional extension pending at 10,135 hectares, and the Nuevo Tintillo site covering 14,500 hectares.

Strategic Proximity to Mining Giants

Situated merely kilometers away from renowned mining sites, Emerita's IBW project boasts a strategic location, with close proximity to Neves-Corvo, Aguas Teñidas, Rio Tinto, and Minas Las Cruces mines, fortifying its stature as a key player in Spain's mineral landscape.

Mining Legacy of Epic Proportions

A historical testament to its mineral riches, the Iberian Pyrite Belt boasts a profound mining history dating back to 8th century B. C. Over 2,000 million tonnes of ore have been extracted from the belt, fostering over 250 known deposits, signifying a region of unrivaled mineral abundance.

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Iberian Belt West: A Geological Marvel

Unveiling Historical Depths

The IBW Project, nestled within the Iberian Pyrite Belt, embraces three polymetallic deposits - Infanta, El Cura, and Romanera - steeped in mining legacy since Roman times. Historical exploration by renowned companies forms the bedrock of Emerita's foray into these deposits.

Preliminary Resource Estimations

Emerita's maiden NI 43-101 mineral resource estimate for La Romanera and La Infanta deposits stands at a combined 18. 8 Mt. The indicated resource amounts to 14. 07 Mt at 7. 63% ZnEq, while the inferred resource encompasses 4. 71 Mt at 9. 29% ZnEq. Notably, mineral resources are identified at or near surface, with potential for further expansion.

Paving the Way in Nuevo Tintillo

Strategic Concessions & Mining Pedigree

Emerita's acquisition of Nuevo Tintillo unlocks its potential within the Iberian Pyrite Belt, nestled between the world-class Aznacollar and Rio Tinto deposits. Spanning 6,875 hectares, Nuevo Tintillo harbors a rich historical footprint, boasting traces of 19th-century artisanal mining activities.

Aznalcóllar: A Past & Pending Potential and A Legacy in Rediscovery

Aznalcóllar, within the Iberian Pyrite Belt, houses the Los Frailes deposit. Its historical open pit mineral resource showcases significant zinc-lead-silver reserves, indicating potential for re-development and revitalization.

Navigating Legal Turbulence

Despite legal hurdles since 2015 surrounding Aznalcóllar's public tender process, Emerita's steadfast commitment to the region's development perseveres. Facing legal proceedings, the company remains resolute in delivering sustainable growth while collaborating with the Aznalcóllar community.

Emerita's Journey Ahead

Amidst legal challenges, Emerita remains resolute, fostering sustainable mining practices and seeking rightful acquisition. With imminent work pending permits, the company envisions advancing mineral exploration and conducting NI 43-101 compliant mineral resource estimations, paving the way for prospective mining operations in Spain's mineral-rich terrain.

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