Emerita Resources - Metallurgical Testing, Exploration, and Development Update At The IBW Project
David Gower, CEO and Chairman of Emerita Resources (TSX.V: EMO – OTC: EMOTF), joins me to provide an update on the Phase 2 metallurgical testing results, along with an update on both exploration and development work being conducted at multiple deposits to advance the polymetallic Iberian West Project (IBW), located in southern Spain.
We start by discussing the ongoing work completed in the Phase 2 metallurgical testing at the IBW Project, mostly at the Zinc-Copper-Lead-Silver-Gold La Infanta and Romanera deposits. David shares their approach to optimizing metal recoveries at both areas using separate copper, lead, and zinc concentrates; but also shares how their could be a 4th arsenic concentrate at Romanera to capture the high gold values that would report to this concentrate. Another option would be an additional circuit removing the arsenic and pouring gold dore bars on site if not going after that 4th concentrate.
El Cura was not part of the Phase 1 or Phase 2 metallurgical study, but is going through it's own testing at present, along with a continued focus on exploration drilling and expanding the defining the resources at this 3rd deposit area. David walks us through how each of these 3 deposit areas plays into the larger development strategy that the company is explorating, and that this IBW project is now a project designated as significant in Spain, and how the government has been helpful in working along side the Company and navigating the best practices and permitting process.
We wrap up noting the ongoing exploration work at the earlier-stage Nuevo Tintillo Project, and got an update on where things are in the courts, with 4 months until the sentencing portion of the legal proceedings in their initiative to be awarded the high-grade polymetallic Aznalcóllar Project/
If you have any follow up questions for David regarding Emerita Resources, then email those in to me at Shad@kereport.com.
