Emerita Resources Corp., a Canadian mineral exploration company, has reported a series of promising new drill results from its ongoing campaign at the El Cura volcanogenic massive sulfide (VMS) deposit. The results, announced on January 7, 2026, underscore the project's potential for high-grade copper, gold, and silver mineralization.
High-Grade Intercepts Highlight Resource Potential
The latest drilling at the El Cura deposit, which is part of Emerita's wholly owned Iberian Belt West (IBW) project in Spain, has returned several notable intersections. The company highlighted two particularly high-grade intervals that demonstrate the asset's quality.
Drill hole EC085 intersected 1.4 metres grading 5.8% copper, 4.89 grams per tonne (g/t) gold, and 51.0 g/t silver. Another significant intercept came from hole EC092, which cut a broader zone of 12.1 metres grading 1.6% copper, 0.85 g/t gold, and 32.11 g/t silver.
Additional results from the program include:
- EC086: 1.8m of 2.3% Cu, 1.78 g/t Au, 61.39 g/t Ag
- EC087: 2.8m of 0.7% Cu, 1.31 g/t Au, 13.64 g/t Ag
- EC083: 1.3m of 0.7% Cu, 2.0% Pb, 5.8% Zn, 74.08 g/t Ag
Project Context and Strategic Importance
The El Cura deposit is one of three key VMS deposits—alongside La Romanera and La Infanta—that form the core of the Iberian Belt West project. According to the company's December 3, 2025, press release, all three deposits are currently undergoing Prefeasibility Studies, a critical step toward determining their economic viability for future mining operations.
The IBW project is considered a significant asset for Emerita, trading on the TSX Venture Exchange under the symbol EMO, as well as on the OTCQB (EMOTF) and Frankfurt Stock Exchange (LLJA). The recent drilling is part of a systematic program designed to better define and potentially expand the known mineral resources at El Cura.
Next Steps for Emerita Resources
The release of these assay results provides continued positive news flow for Emerita and its shareholders. The high-grade nature of the intercepts, particularly the 5.8% copper interval, adds confidence to the project's geological model and resource base.
These results will be incorporated into the ongoing Prefeasibility Studies for the IBW project. Successful advancement of these studies is a key milestone for the company as it works to demonstrate the commercial potential of its Spanish holdings. The market will be watching for further drill results and updates on the study's progress throughout 2026.
