The drilling updates from Emerita are coming out quick. With 9 drills turning at La Romanera the results and frequent updates keep coming in weeks. The results are amazing.
Todays news expands the historical results. Hole 17 shows a high copper grade deposit in the lower lens. Hole 14 shows the high gold and silver deposit extends and is closer to surface.
Also the most important thing is Hole 17 shows the deposit continues East of La Romanera and the copper grade is getting better as you move East. The La Infanta drilling has shows the deposit continues to the West of La Infanta’s historical deposit. So what is in East of La Romanera and West of La Infanta, El Cura. El Cura is the high grade copper deposit. Get excited because the drilling of the IBW package is proving that Gower said, IBW deposit is going to be worth more than what Matsa sold out for.
- Hole LR014 intersected both the upper and lower massive sulphide lenses at approximately 450 meters vertical depth. This is the deepest drill intercept by either Emerita or previous operators and demonstrates the deposit continues to have room to expand below present drilling. The drill hole intersected 15.1 meters grading 0.3% Copper, 1.3% Lead, 6.6% Zinc, 0.1 g/t Gold and 61.1 g/t Silver (Upper Lens) and 6.1 Meters Grading 0.3% Copper, 2.1% Lead, 10.1% Zinc, 0.7 g/t Gold and 98.4 g/t Silver (Lower Lens), being the deepest hole at La Romanera deposit (approx. 450 m below surface).
- Hole LR017 also intersected the sulphides approximately 450 meters below surface within the eastern part of the deposit. It is a 60 m step out from LR014 and also occurs outside of the mineralized zone delineated by historical drill holes. In this part of the deposit and at this elevation, the Upper and Lower lenses are closer together and have almost converged into a single lens. There is a reduction in width from drill hole LR014 to LR017; however, the copper is very high in the Lower Lens of drill hole LR017. The continuity to the east and at depth of both lenses will be tested with additional drill holes in this area of the deposit.
- Hole LR012 is located in the center of the deposit and returned high grade values, particularly in the Upper Lens and is similar in widths and grades to other intercepts reported in this part of the deposit, area demonstrating the continuity of the deposit.