There hasn’t been much of an update from the company until today. The company finally got the permit to start drilling in Romanera a few weeks ago. Today we have some update from the company about the first hole that has been completed.
Hole LR 002 intersected 14.3 meters of massive sulphides (assays pending) from 134.2 to 148.5 meters (Figure 2). Visual inspection of the core identifies the mineralization as true massive sulphide (Figure 3) comprising sphalerite, galena and chalcopyrite in a pyrite gangue. Several intercepts from the historical drilling are included on Figure 2 for reference. The shallower intercepts were not assayed for gold by the previous operators.
And David Gower added:
The Romanera deposit is the cornerstone of the Iberia Belt West Project (IBW). The block model is very encouraging in that the highest grade material indicated by the historical drilling remains wide open in all directions. There will be a steady flow of data from this drill campaign now that it is getting into full production mode.
We still have to wait for the assay results but clearly management is super excited by what they see. I’m eager to see the assay results. We might have to wait a few weeks for the assay results but once the data start coming it will be a constant data flow.
So get ready, EMO is about to go on a ride.