Step-Out Drilling Results Offer Explorer Strong Basis for Resource Expansion at IBW Property streetwisereports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetwisereports.com Daily Mail and Mail on Sunday newspapers.
Emerita Resources Corp. shares traded near 15% higher after the company reported step-out drill results from a hole at its La Infanta project in Spain that returned 8.2 m of 2.5% Cu, 17.3% Zn, 8.7% Pb, 223.5 g/t Ag, 0.5 g/t Au. Clarus Securities advised in research note Friday that it is maintaining its Speculative Buy rating and CA$4.50/share price target for Emerita s (EMO) shares and stated it sees significant resource expansion potential for the IBW property.
Clarus Securities Inc. stated in a research report that Emerita Resources Corp. s initial drill results from La Infanta confirm historic high grades and represent a resource with significant growth potential.