Emerita Uncovers New Gold-Silver Rich Gossans
Emerita Resources Corp. (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA) (referred to as “the Company” or “Emerita”) has made an exciting discovery of mineralized gossans at its wholly-owned Nuevo Tintillo project. This finding is part of an extensive surface exploration program currently underway at the Nuevo Tintillo property. Recent sampling has revealed high-grade gold assay results from the gossan mineralization, suggesting the presence of underlying massive to semi-massive sulphide mineralization.
Details of the Discovery
The newly discovered mineralized zone is located about 1.5 km northwest of a historic copper mine. This area features two sections with outcropping gossan and siliceous breccias that extend for approximately 400 meters. Notably, this prospect is situated roughly 5 km east of the well-known Rio Tinto Mine property.
Sampling and Assay Results
During initial reconnaissance, this area was recognized for its distinct oxidation characteristics. The oxidized zone exhibits both siliceous stockwork and gossan, covering around 130 meters. Samples collected from these two types of mineralization showed anomalous levels of gold and silver. The typical weathering processes at the surface have resulted in lower base metal grades observed in the gossans. Additional exploration data provides further insights into these findings.
Further Geological Insights
Ongoing investigations at the NW Prospect have also revealed a secondary area of siliceous breccias located about 400 meters southeast of the initial discovery. This area contains large boulders and indicates a potential continuity with the first zone, suggesting that they may be part of a single geological structure.
Mineralization Characteristics
Recent drilling efforts have successfully outlined massive sulfide mineralization along a 4 km stretch. Two distinct levels of mineralization have been identified: the Upper and Lower levels. The Upper Level is notable for its elevated levels of zinc and lead, while the Lower Level primarily consists of copper, as indicated by initial findings from the drilling program.
Company Overview and Exploration Goals
Emerita is actively involved in the acquisition, exploration, and development of mineral properties across Europe, with a strong emphasis on Spain. The company’s corporate and technical teams are based in Sevilla, while their administrative office operates out of Toronto, Canada. Emerita holds a significant land position within the Iberian Pyrite Belt, securing a prime area that features numerous known mineral occurrences and historic mines.
Contact Information
For more information, please contact Ian Parkinson at +1 647 910-2500 in Toronto or via email at info@emeritaresources.com. To learn more about the Company, visit www.emeritaresources.com.
Frequently Asked Questions
What was discovered at the Nuevo Tintillo project?
Emerita Resources announced the discovery of mineralized gossans, indicating potential underlying sulfide mineralization.
How significant are the gold assay results?
The gold assay results from the sampling of gossan mineralization are of high grades, suggesting a rich mineralization potential.
What are the geological features of NW Prospect?
The NW Prospect includes outcropping gossan and siliceous breccias with indications of continuous mineralization across various strike lengths.
What distinguishes the Upper and Lower Levels of mineralization?
The Upper Level is characterized by higher zinc and lead content, while the Lower Level primarily features copper mineralization.
How can I get in touch with Emerita Resources for more information?
You can contact Ian Parkinson at +1 647 910-2500 or email info@emeritaresources.com for further inquiries.
