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Emerita Resources Corp.
Summary
| Project: | Plaza Norte | |
|---|---|---|
| Deposit: | Plaza Norte | |
| Location: | Spain | |
| Commodities: | Zinc | |
| Date: | 8/8/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-8-2019: Emerita Resources Corp. announces an Exploration/Drilling Update report for its Plaza Norte deposit at the Plaza Norte project. Drilling results incl. 9.50m @ 4.57% Zn from 591.0m. TORONTO, August 8, 2019 – Emerita Resources Corp. (TSX-V: EMO) ( | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Joaquin Merino (Internal) | |
| ABSTRACT: | TORONTO, August 8, 2019 – Emerita Resources Corp. (TSX-V: EMO) (the “Company” or “Emerita”) is pleased to report it has intercepted 4.0 meters grading 9.02% zinc within a wider mineralized zone of 9.5 meters grading 4.57% zinc in the first drill hole to test an area with historical mineralized intercepts at the Plaza Norte zinc-lead project (“Plaza Norte Project”) located in the Santillana Syncline, Cantabria Region in northern Spain. The Plaza Norte Project comprises 120 claims covering 3,600 hectares held by Cantabria del Zinc, the joint venture company majority-owned by Emerita and the Aldesa Group (“Aldesa”). Emerita is the operator of the exploration program at the Plaza Norte Project. The drilling is focused on evaluating high-grade Mississippi Valley type zinc-lead mineralization in the past producing Reocin mining camp located in Cantabria, northern Spain. Initial drilling is following up on mineralized drill intercepts identified during exploration campaigns completed primarily in the 1980s and 1990s. Analysis of the historical information identified 4 key areas as high priority targets for exploration. These areas are (from north to south): Yuso, Queveda, San Miguel and Mercadal. All of these targets have significant mineralized intercepts, and Mercadal was the site of a past producing mine (Figure 1). | |
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