Emerita Resources ( (TSE:EMO) ) has provided an update.
Emerita Resources has announced a significant update to its mineral resource estimate for the Iberian Belt West project, with a 35% increase in total indicated mineral resource tonnage and a 44% increase in total inferred mineral resource tonnage. This update includes a maiden resource estimate for the El Cura deposit, contributing to a substantial rise in copper and gold content, enhancing the project’s overall value and potential for future expansion.
More about Emerita Resources
Emerita Resources Corp. is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary projects include the Iberian Belt West project, which is centered on the extraction of zinc, lead, copper, silver, and gold from volcanogenic massive sulphide deposits.
YTD Price Performance: 6.25%
Average Trading Volume: 521,327
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$358M
See more data about EMO stock on TipRanks’ Stock Analysis page.