Emerita Resources Corp.

Emerita Resources Corp. is a Canadian mineral exploration and development company focused on the Iberian Pyrite Belt in southern Spain. Its flagship asset, the Iberian Belt West (IBW) project, hosts three polymetallic VMS deposits — La Romanera, La Infanta, and El Cura — with a combined NI 43-101 compliant resource of 25.76 Mt, including 18.96 Mt indicated at 8.44% ZnEq and 6.80 Mt inferred at 8.72% ZnEq. IBW has been granted a “Declaration of Strategic Interest” by the Andalusian government, expediting permitting, and the project has entered the public consultation phase for its exploitation permit application.

In addition to IBW, Emerita holds the Nuevo Tintillo exploration project in Seville Province and is pursuing the Aznalcóllar project — one of the world’s largest undeveloped zinc assets — through ongoing litigation in Spanish courts following alleged irregularities in the original public tender process. The company holds over 26,000 combined hectares in the Iberian Pyrite Belt, representing the largest mineral exploration land package in the region.

Near-term catalysts include advancement of the IBW exploitation permit, continued resource expansion drilling at El Cura (open in all directions), ongoing metallurgical optimization (Phase 2 results showing 81.5% gold recovery), and a final court ruling on the Aznalcóllar tender. The company is also evaluating an unsolicited acquisition offer from Denarius Metals.