Emerita drills 16.9 m of 1.4% Cu, 0.93 g/t Au at IBW

Executive Summary

• Emerita Resources reported multiple high‑grade intercepts from its ongoing infill drilling program at the El Cura deposit, including a 16.9 m interval grading 1.4% Cu, 2.1% Zn, 0.93 g/t Au and 42.66 g/t Ag.
• The company approved an additional 10,000 m of diamond drilling to convert inferred resources to indicated resources and to explore down‑plunge expansion potential.
• Results demonstrate that the El Cura deposit is larger and higher grade than historically modeled, supporting a significant increase to the Iberian Belt West (IBW) project resource base.

Key Details

• Drill hole EC057: 3.1 m @ 2.3% Cu, 1.8% Pb, 4.7% Zn, 2.21 g/t Au, 78.71 g/t Ag (includes 1.9 m @ 3.3% Cu, 2.5% Pb, 6.2% Zn, 3.13 g/t Au, 110.58 g/t Ag).
• Drill hole EC062: 7.2 m @ 1.0% Cu, 1.4% Pb, 1.9% Zn, 1.31 g/t Au, 60.10 g/t Ag.
• Drill hole EC067: 16.9 m @ 1.4% Cu, 1.0% Pb, 2.1% Zn, 0.93 g/t Au, 42.66 g/t Ag (includes 3.1 m @ 1.1% Cu, 1.5% Pb, 3.5% Zn, 1.46 g/t Au, 59.69 g/t Ag).

• Drill hole EC068: 2.7 m @ 1.3% Cu, 1.0% Pb, 3.2% Zn, 1.58 g/t Au, 46.59 g/t Ag.

• Additional notable historic‑comparison intercepts:

• Hole EC046 – 8.9 m @ 1.1% Cu, 0.3% Pb, 0% Zn, 1.21 g/t Au, 15.48 g/t Ag at 230 m depth.
• Hole EC021 – 1.7 m @ 0.9% Cu, 2.1% Pb, 4.1% Zn, 2.12 g/t Au, 69.82 g/t Ag at 270 m depth.

• Hole EC053 – 3.0 m @ 0.9% Cu, 1.3% Pb, 1.1% Zn, 1.33 g/t Au, 53.46 g/t Ag at 357 m depth.

• Approved drilling expansion: Additional 10,000 m of diamond drilling to convert inferred mineral resource to indicated and to test deeper/western extensions.

• QA/QC protocol: 10% of samples are blanks/standards; 10% re‑analyzed at independent lab (AGQ Lab Sevilla); all data reviewed per NI 43‑101 standards.

Notable Quotes

“The ongoing success of the drill program at El Cura has led us to approve an additional 10,000 metres of drilling as the deposit remains open for expansion and continues to deliver intercepts of excellent thickness and grade.” – Joaquin Merino, PGeo, President, Emerita Resources Corp.