Emerita Resources Corp. announced that the Company has filed the National Instrument 43-101 (“NI 43-101”) technical report (the “Technical Report”) covering the NI 43-101 mineral resource estimate at the La Romanera and La Infanta deposits at the Company’s wholly-owned Iberian Belt West project (“IBW” or the “Project”). The Technical Report was prepared by Wardell Armstrong International Limited (“WAI”).

The Qualified Persons responsible for preparing the MRE, on which the Technical Report was based, are Dr. Phil Newall, BSc (ARSM), PhD (ACSM), CEng, FIMMM, QMR and Frank Browning, MSci, MSc, MCSM, PGCert, FGS, CGeol.Each of Dr. Phil Newall, BSc (ARSM), PhD (ACSM), CEng, FIMMM and Frank Browning, MSci, MSc, MCSM, PGCert, FGS, CGeol is a Qualified Person as defined by NI 43-101 and each of Dr. Newall and Mr. Browning have reviewed and approved the technical information and data regarding the MRE included in this news release. Dr. Newall is independent of Emerita. All other scientific and technical information in this news release has been reviewed and approved by Mr. Joaquin Merino, P.Geo., President of the Company and a Qualified Person as defined by NI 43-101.