Emerita Resources Corp. announced additional assay results from the ongoing drilling program at La Romanera Deposit, part of Emerita's wholly owned Iberian Belt West project. Iberian Belt West hosts three previously identified massive sulfide deposits: La Infanta, La Romanera and El Cura.

Results contained in this news release are from La Romanera. All deposits are open for expansion along strike and at depth. Assays have been received for three additional drill holes that were not included in the recently announced NI 43-101 compliant mineral resource estimate news releases dated May 23 and July 6, 2023).

Drill holes LR148, LR150 and LR151 have intercepted sulphide mineralization below the limit of the current mineral resource estimate, extending the mineralization at depth. The intercepts are approximately 550-600 meters below surface and span approximately 300 meters horizontally along strike. Downhole TEM anomalies indicate the mineralization continues at depth for at least another 100 meters.

At this elevation, it appears that the Upper and Lower lenses that occur at shallower depths in the deposit merge into one massive sulphide lens of up to 30 to 40 meters thickness. For interpretation purposes, this lens has been referred to as the Lower Lens. Drill Hole LR148: The Lower Lens was intersected at 594.0 m down the hole.

It encountered 32.2 meters grading 0.4% copper; 0.2% lead; 1.0% zinc; 0.32 g/t gold and 11.7 g/t silver; including 9.0 meters grading 0.5% copper; 0.4% lead; 1.9% zinc; 0.32g/t gold and 20.1 g/t silver. This hole is characterized by massive sulphide, mostly pyrite and disseminated sphalerite and galena, and chalcopyrite in stringers. The hole intersected obliquely across the zone and as such true thickness is approximately 55% of the drill intercept thickness in this hole.

Drill Hole LR150: The Lower Lens was intersecting at 575.2 m down the hole. It met 4.3 meters grading 0.4% Copper; 0.4% lead); 1.0% zinc;0.26 g/t gold and 8.3 g/t silver; including 7.3 meters grading 0.3% copper; 2.0% lead; 2.44 g/t gold and 70.4 g/t silver; including7.3 meters grading 0. 3% copper; 2.0%. zinc; 2.0% lead); 2.44 g/tgold and 70.4 g/T silver; including 7.3 metres grading 0.3% copper, 2.0% zinc; 2.4% lead; 2.0% zinc; and 2.44 g/t silver; and 7.3 meters grading0.0% lead; and 2.0% lead; including 7.3 meters grade 0.3% copper; and 2.0% zinc;2.0% lead; and 1.0% lead; and 8.3 g/T silver.