Emerita is a Canadian mineral resources exploration company dedicated to the acquisition, exploration, research and development of prospective mining properties in the Iberian Pyrite Belt (Spain) with a focus on traditional base metals (zinc, lead and copper) and precious metals (silver and gold).
The company has a 100% interest in the Iberian Belt West (IBW) project and the Nuevo Tintillo project located in the famous Iberian Pyrite Belt in southern Spain. Emerita is also awaiting a final court decision on the Aznalcóllar mine – one of the largest undeveloped zinc assets in the world – that contains the Los Frailes and Aznalcóllar deposits, both former past producing open pit mines.
Eric Sprott – 9.87%
Merk Investments – 1.33%
Larry Guy – 1.22%
David Gower – 1.21%
Joaquin Merino – 0.98%
Management Ownership – 11.4% (Fully Diluted)
David Gower – CEO
Mr. Gower has been involved in the mineral industry for over 30 years, including positions with Falconbridge Limited and Noranda Inc. (now Glencore Canada Corporation). While at Falconbridge he was General Manager of Global Nickel and PGM Exploration and a member of the senior operating team that approved capital budgets for new mining projects. Mr. Gower has been involved in numerous discoveries and mine development projects including at Raglan, Matagami, and Sudbury, Canada and green field discoveries in Brazil and Tanzania. He also previously held positions as Director of several junior mineral exploration companies focused in South America and Europe and has been a Director of Alamos Gold since 2009. Mr. Gower has a Bachelor of Science degree in Geology from Saint Francis Xavier University and a Master of Science degree in Earth Sciences from Memorial University.
Institutional awareness and coverage. Awareness of the company. More market support from institutions. A raise is upcoming so that is important for the company as well. Scaling up our Iberian Belt West project shortly.
NI 43-101 Resource Estimate (maiden) is expected to be released in Q2 2023. Nuevo Tintillo drilling is expected to commence in Q2/Q3 2023. High grade drill results expected to be released prior to maiden Resource Estimate release date.
NI 43-101 Resource Estimate (maiden) release for Iberian Belt West project
Drilling at Nuevo Tintillo
PFS / PEA for Iberian Belt West project
34 million tonne historic resource done by Rio Tinto. Of that, 12 million tonne is high grade at 12.5% ZnEq.
1. 34 million tonne historic resource; of that 12 million tonne is high grade at 12.5% ZnEq
2. NI 43-101 maiden resource estimate is expected to produce a 20Mt resource at 12-13% ZnEq
3. Aznalcollar dispute is expected to be settled in 2025. The largest undeveloped Zinc Deposit in the world that originally contained 73 and 91 million tonne reserves.