TORONTO, Dec. 21, 2023 Emerita Resources Corp. announces additional assay results from the ongoing drilling program at La Romanera deposit, part of Emerita’s wholly owned Iberian Belt West.
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.