Emerita Intersects 3.9 Meters Grading 3.8% Copper, 0.9% Lead, 1.6% Zinc, 2.81 g/t Gold and 71.26 g/t Silver at El Cura Deposit. Public Consultation Submission Phase of the AAU (Autorizacion Ambiental Unificada) Now Complete

Original announcement by tmx on

Company
Emerita Resources Corp.
Ticker
EMO
Exchange
TSX
Region
Spain
Primary commodity
Copper
Secondary commodities
Lead, Zinc, Gold, Silver
Document categories
Drill results, Permitting
Extracted
2026-09-13 22:32:02 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Emerita Resources Corp. announced high-grade polymetallic drill results from its El Cura deposit, part of the Iberian Belt West project. Key intercepts include 3.9m grading 3.8% copper, 0.9% lead, 1.6% zinc, 2.81 g/t gold and 71.26 g/t silver in hole EC102, and 6.6m grading 0.9% copper, 1.4% lead, 2.5% zinc, 0.89 g/t gold and 51.52 g/t silver in hole EC099. The company also reported the successful completion of the public consultation phase for the Environmental Authorization (AAU) for its Exploitation Permit, moving the project closer to final approval.

Reasoning: Emerita Resources reported high-grade polymetallic drill intercepts that extend the known mineralization at depth and to the west, confirming continuity within the El Cura deposit. This positive drilling news is complemented by a significant advancement in the environmental permitting process for the Iberian Belt West project, de-risking future development.

Positive factors

  • High-grade polymetallic intercepts
  • Extension of mineralization to depth and west
  • Confirmation of continuity in central portion
  • Progress in environmental permitting process
  • QP/CP signed
  • QA/QC disclosed
  • Certified laboratory used
  • True width disclosed for intercepts

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 41

Classification and evidence

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document explicitly states: 'True width in the intercept EC104 is 67% while in the other intercepts the true width ranges between 90 and 100% of the interval width.'

Evidence · text

“True width in the intercept EC104 is 67% while in the other intercepts the true width ranges between 90 and 100% of the interval width.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drill hole EC104 represents the deepest and westernmost mineralized intercept to date, indicating potential for additional resource expansion to the west.

Evidence · text

“Drill hole EC104 represents the deepest and westernmost mineralized intercept to date and maintains this near-average thickness indicating potential for additional resource expansion to the west.”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The 'Quality Assurance/Quality Control' section details procedures including sample preparation, assay methods, and the use of control samples (blanks, standards).

Evidence · text

“Quality Assurance/Quality Control Drilling at El Cura is HQ size and core is placed into core trays at the drill site and transported directly from the site to Emerita’s coreshack (15Km) from El Cura. Once the cores are received at Emerita's coreshack they are photographed, and geotechnical logging is performed. Geological, mineralogical and structural logging follows and mineralized zones are identified. The samples are marked every 1m or less, and respecting lithological contacts, with most of the samples 1.0m long. The zone immediately above and below the mineralized zones are also sampled. Core samples are sawed in half and half of the core is returned to the core tray for future reference. Once the core samples are cut, bagged and tagged, they are shipped to the ALS laboratory in Seville by Emerita personnel where sample preparation is done. In Seville, ALS performs the mechanical preparation of the samples and then the pulps are sent to ALS Ireland (ICP) and ALS Romania (fire assay). The analysis at ALS Lab corresponds to the ME-ICPore (19 elements) package, together with the Au-AA23 fire assay (Gold). ALS is independent of Emerita. Greater than 15% of the analyzed samples correspond to control samples (fine blanks, coarse blanks, high, medium and low-grade standards). When the analysis is completed, the certificates are received from the laboratory and the QA/QC protocol identifies any deviation or anomaly in the results and the entire batch is re-assayed in such case. Once the data is approved by the QA/QC protocol assays are entered digitally directly into the database.”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Scientific and technical information in this news release has been reviewed and approved by Danniel Oosterman, P.Geo., who is a “Qualified Person” as defined by National Instrument 43-101.

Evidence · text

“Scientific and technical information in this news release has been reviewed and approved by Danniel Oosterman, P.Geo., who is a “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and Project Director of Emerita Resources Corp.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Holes EC102, EC103 and EC105 provide better definition in the upper-central portion of the deposit and demonstrate continuity in this region.

Evidence · text

“Holes EC102, EC103 and EC105 provide better definition in the upper-central portion of the deposit and demonstrate continuity in this region.”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept in hole EC102 includes 2.6m grading 5.5% copper, 1.0% lead, 1.9% zinc, 3.97 g/t gold and 99.15 g/t silver, which are exceptionally high grades for a VMS deposit.

Evidence · table

“5.5”

Context: 2.6

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept in hole EC105 shows 1.0m grading 5.4% copper, 2.9% lead, 5.9% zinc, 2.95 g/t gold and 112.00 g/t silver, which are exceptionally high grades for a VMS deposit.

Evidence · table

“5.4”

Context: 1.0

Permitting Progresspositive · Story-specific tag

No canonical definition is currently available.

Why it applies: The public consultation phase for the Environmental Authorization (AAU) is now complete, marking a key milestone in the permitting process.

Evidence · text

“Public Consultation Submission Phase of the AAU (Autorizacion Ambiental Unificada) Now Complete”

Extracted facts

Stored fact records: 41. Some facts used in scoring do not have a stored record.

Drill Results (41)

EC099Iberian Belt West · copperGrade: 0.9Grade Unit: %Intercept: 6.6 mView all details
Link to this fact

Identity

Hole ID
EC099
Project
Iberian Belt West
Commodity
copper
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
0.9
Grade Unit
%
Intercept
6.6 m
True Width
6.27 m
From
308.5 m
To
315.1 m
Hole Depth
329.3 m
Intercept Depth
308.5 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC099:308.5-315.1
Mining Method
underground

Location

Easting
649474
Northing
4171417
Elevation
138 m
Azimuth
131 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This intercept from hole EC099 shows good copper grades over a moderate width, contributing to the overall resource definition and continuity.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“0.9”

Context: 6.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 6.27

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC099Iberian Belt West · leadGrade: 1.4Grade Unit: %Intercept: 6.6 mView all details
Link to this fact

Identity

Hole ID
EC099
Project
Iberian Belt West
Commodity
lead
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
1.4
Grade Unit
%
Intercept
6.6 m
True Width
6.27 m
From
308.5 m
To
315.1 m
Hole Depth
329.3 m
Intercept Depth
308.5 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC099:308.5-315.1
Mining Method
underground

Location

Easting
649474
Northing
4171417
Elevation
138 m
Azimuth
131 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This intercept from hole EC099 shows good lead grades over a moderate width, contributing to the overall resource definition and continuity.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1.4”

Context: 6.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 6.27

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC099Iberian Belt West · zincGrade: 2.5Grade Unit: %Intercept: 6.6 mView all details
Link to this fact

Identity

Hole ID
EC099
Project
Iberian Belt West
Commodity
zinc
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
2.5
Grade Unit
%
Intercept
6.6 m
True Width
6.27 m
From
308.5 m
To
315.1 m
Hole Depth
329.3 m
Intercept Depth
308.5 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC099:308.5-315.1
Mining Method
underground

Location

Easting
649474
Northing
4171417
Elevation
138 m
Azimuth
131 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This intercept from hole EC099 shows good zinc grades over a moderate width, contributing to the overall resource definition and continuity.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“2.5”

Context: 6.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 6.27

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC099Iberian Belt West · goldGrade: 0.89Grade Unit: g/tIntercept: 6.6 mView all details
Link to this fact

Identity

Hole ID
EC099
Project
Iberian Belt West
Commodity
gold
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
0.89
Grade Unit
g/t
Intercept
6.6 m
True Width
6.27 m
From
308.5 m
To
315.1 m
Hole Depth
329.3 m
Intercept Depth
308.5 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC099:308.5-315.1
Mining Method
underground

Location

Easting
649474
Northing
4171417
Elevation
138 m
Azimuth
131 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This intercept from hole EC099 shows good gold grades over a moderate width, contributing to the overall resource definition and continuity.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“0.89”

Context: 6.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 6.27

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC099Iberian Belt West · silverGrade: 51.52Grade Unit: g/tIntercept: 6.6 mView all details
Link to this fact

Identity

Hole ID
EC099
Project
Iberian Belt West
Commodity
silver
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
51.52
Grade Unit
g/t
Intercept
6.6 m
True Width
6.27 m
From
308.5 m
To
315.1 m
Hole Depth
329.3 m
Intercept Depth
308.5 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC099:308.5-315.1
Mining Method
underground

Location

Easting
649474
Northing
4171417
Elevation
138 m
Azimuth
131 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This intercept from hole EC099 shows good silver grades over a moderate width, contributing to the overall resource definition and continuity.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“51.52”

Context: 6.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 6.27

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC099Iberian Belt West · copperGrade: 1.1Grade Unit: %Intercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
EC099
Project
Iberian Belt West
Commodity
copper
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
1.1
Grade Unit
%
Intercept
1.4 m
True Width
1.33 m
From
313.7 m
To
315.1 m
Hole Depth
329.3 m
Intercept Depth
308.5 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC099:313.7-315.1
Mining Method
underground

Location

Easting
649474
Northing
4171417
Elevation
138 m
Azimuth
131 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This high-grade sub-interval within EC099 further enhances the overall prospectivity of the intercept.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1.1”

Context: 1.4

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC099Iberian Belt West · leadGrade: 3.7Grade Unit: %Intercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
EC099
Project
Iberian Belt West
Commodity
lead
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
3.7
Grade Unit
%
Intercept
1.4 m
True Width
1.33 m
From
313.7 m
To
315.1 m
Hole Depth
329.3 m
Intercept Depth
308.5 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC099:313.7-315.1
Mining Method
underground

Location

Easting
649474
Northing
4171417
Elevation
138 m
Azimuth
131 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This high-grade sub-interval within EC099 further enhances the overall prospectivity of the intercept.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“3.7”

Context: 1.4

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC099Iberian Belt West · zincGrade: 5Grade Unit: %Intercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
EC099
Project
Iberian Belt West
Commodity
zinc
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
5
Grade Unit
%
Intercept
1.4 m
True Width
1.33 m
From
313.7 m
To
315.1 m
Hole Depth
329.3 m
Intercept Depth
308.5 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC099:313.7-315.1
Mining Method
underground

Location

Easting
649474
Northing
4171417
Elevation
138 m
Azimuth
131 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This high-grade sub-interval within EC099 further enhances the overall prospectivity of the intercept.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“5.0”

Context: 1.4

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC099Iberian Belt West · goldGrade: 1.86Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
EC099
Project
Iberian Belt West
Commodity
gold
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
1.86
Grade Unit
g/t
Intercept
1.4 m
True Width
1.33 m
From
313.7 m
To
315.1 m
Hole Depth
329.3 m
Intercept Depth
308.5 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC099:313.7-315.1
Mining Method
underground

Location

Easting
649474
Northing
4171417
Elevation
138 m
Azimuth
131 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This high-grade sub-interval within EC099 further enhances the overall prospectivity of the intercept.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1.86”

Context: 1.4

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC099Iberian Belt West · silverGrade: 175.86Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
EC099
Project
Iberian Belt West
Commodity
silver
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
175.86
Grade Unit
g/t
Intercept
1.4 m
True Width
1.33 m
From
313.7 m
To
315.1 m
Hole Depth
329.3 m
Intercept Depth
308.5 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC099:313.7-315.1
Mining Method
underground

Location

Easting
649474
Northing
4171417
Elevation
138 m
Azimuth
131 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This high-grade sub-interval within EC099 further enhances the overall prospectivity of the intercept.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“175.86”

Context: 1.4

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC101Iberian Belt West · copperGrade: 1.1Grade Unit: %Intercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
EC101
Project
Iberian Belt West
Commodity
copper
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
1.1
Grade Unit
%
Intercept
1.1 m
True Width
1.045 m
From
271.05 m
To
272.2 m
Hole Depth
288 m
Intercept Depth
271.05 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC101:271.05-272.2
Mining Method
underground

Location

Easting
649463
Northing
4171423
Elevation
138 m
Azimuth
162 °
Dip
59 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This intercept from hole EC101 shows moderate copper grades over a narrow width, contributing to the overall resource definition.

Positive factors

  • Polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1.1”

Context: 1.1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.045

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC101Iberian Belt West · leadGrade: 0.1Grade Unit: %Intercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
EC101
Project
Iberian Belt West
Commodity
lead
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
0.1
Grade Unit
%
Intercept
1.1 m
True Width
1.045 m
From
271.05 m
To
272.2 m
Hole Depth
288 m
Intercept Depth
271.05 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC101:271.05-272.2
Mining Method
underground

Location

Easting
649463
Northing
4171423
Elevation
138 m
Azimuth
162 °
Dip
59 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This intercept from hole EC101 shows moderate lead grades over a narrow width, contributing to the overall resource definition.

Positive factors

  • Polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“0.1”

Context: 1.1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.045

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC101Iberian Belt West · zincGrade: 0.2Grade Unit: %Intercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
EC101
Project
Iberian Belt West
Commodity
zinc
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
0.2
Grade Unit
%
Intercept
1.1 m
True Width
1.045 m
From
271.05 m
To
272.2 m
Hole Depth
288 m
Intercept Depth
271.05 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC101:271.05-272.2
Mining Method
underground

Location

Easting
649463
Northing
4171423
Elevation
138 m
Azimuth
162 °
Dip
59 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This intercept from hole EC101 shows moderate zinc grades over a narrow width, contributing to the overall resource definition.

Positive factors

  • Polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“0.2”

Context: 1.1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.045

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC101Iberian Belt West · goldGrade: 0.09Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
EC101
Project
Iberian Belt West
Commodity
gold
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
0.09
Grade Unit
g/t
Intercept
1.1 m
True Width
1.045 m
From
271.05 m
To
272.2 m
Hole Depth
288 m
Intercept Depth
271.05 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC101:271.05-272.2
Mining Method
underground

Location

Easting
649463
Northing
4171423
Elevation
138 m
Azimuth
162 °
Dip
59 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This intercept from hole EC101 shows moderate gold grades over a narrow width, contributing to the overall resource definition.

Positive factors

  • Polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“0.09”

Context: 1.1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.045

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC101Iberian Belt West · silverGrade: 7.87Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
EC101
Project
Iberian Belt West
Commodity
silver
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
7.87
Grade Unit
g/t
Intercept
1.1 m
True Width
1.045 m
From
271.05 m
To
272.2 m
Hole Depth
288 m
Intercept Depth
271.05 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC101:271.05-272.2
Mining Method
underground

Location

Easting
649463
Northing
4171423
Elevation
138 m
Azimuth
162 °
Dip
59 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This intercept from hole EC101 shows moderate silver grades over a narrow width, contributing to the overall resource definition.

Positive factors

  • Polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“7.87”

Context: 1.1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.045

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC102Iberian Belt West · copperGrade: 3.8Grade Unit: %Intercept: 3.9 mView all details
Link to this fact

Identity

Hole ID
EC102
Project
Iberian Belt West
Commodity
copper
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
3.8
Grade Unit
%
Intercept
3.9 m
True Width
3.705 m
From
211.4 m
To
215.3 m
Hole Depth
246 m
Intercept Depth
211.4 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC102:211.4-215.3
Mining Method
underground

Location

Easting
649712
Northing
4171478
Elevation
132 m
Azimuth
137 °
Dip
37 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This high-grade copper intercept from hole EC102 is a significant result, confirming continuity and providing better definition in the upper-central portion of the deposit.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Confirms continuity in central portion

Evidence · table

“3.8”

Context: 3.9

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.705

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC102Iberian Belt West · leadGrade: 0.9Grade Unit: %Intercept: 3.9 mView all details
Link to this fact

Identity

Hole ID
EC102
Project
Iberian Belt West
Commodity
lead
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
0.9
Grade Unit
%
Intercept
3.9 m
True Width
3.705 m
From
211.4 m
To
215.3 m
Hole Depth
246 m
Intercept Depth
211.4 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC102:211.4-215.3
Mining Method
underground

Location

Easting
649712
Northing
4171478
Elevation
132 m
Azimuth
137 °
Dip
37 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This high-grade lead intercept from hole EC102 is a significant result, confirming continuity and providing better definition in the upper-central portion of the deposit.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Confirms continuity in central portion

Evidence · table

“0.9”

Context: 3.9

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.705

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC102Iberian Belt West · zincGrade: 1.6Grade Unit: %Intercept: 3.9 mView all details
Link to this fact

Identity

Hole ID
EC102
Project
Iberian Belt West
Commodity
zinc
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
1.6
Grade Unit
%
Intercept
3.9 m
True Width
3.705 m
From
211.4 m
To
215.3 m
Hole Depth
246 m
Intercept Depth
211.4 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC102:211.4-215.3
Mining Method
underground

Location

Easting
649712
Northing
4171478
Elevation
132 m
Azimuth
137 °
Dip
37 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This high-grade zinc intercept from hole EC102 is a significant result, confirming continuity and providing better definition in the upper-central portion of the deposit.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Confirms continuity in central portion

Evidence · table

“1.6”

Context: 3.9

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.705

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC102Iberian Belt West · goldGrade: 2.81Grade Unit: g/tIntercept: 3.9 mView all details
Link to this fact

Identity

Hole ID
EC102
Project
Iberian Belt West
Commodity
gold
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
2.81
Grade Unit
g/t
Intercept
3.9 m
True Width
3.705 m
From
211.4 m
To
215.3 m
Hole Depth
246 m
Intercept Depth
211.4 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC102:211.4-215.3
Mining Method
underground

Location

Easting
649712
Northing
4171478
Elevation
132 m
Azimuth
137 °
Dip
37 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This high-grade gold intercept from hole EC102 is a significant result, confirming continuity and providing better definition in the upper-central portion of the deposit.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Confirms continuity in central portion

Evidence · table

“2.81”

Context: 3.9

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.705

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC102Iberian Belt West · silverGrade: 71.26Grade Unit: g/tIntercept: 3.9 mView all details
Link to this fact

Identity

Hole ID
EC102
Project
Iberian Belt West
Commodity
silver
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
71.26
Grade Unit
g/t
Intercept
3.9 m
True Width
3.705 m
From
211.4 m
To
215.3 m
Hole Depth
246 m
Intercept Depth
211.4 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC102:211.4-215.3
Mining Method
underground

Location

Easting
649712
Northing
4171478
Elevation
132 m
Azimuth
137 °
Dip
37 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This high-grade silver intercept from hole EC102 is a significant result, confirming continuity and providing better definition in the upper-central portion of the deposit.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Confirms continuity in central portion

Evidence · table

“71.26”

Context: 3.9

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.705

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC102Iberian Belt West · copperGrade: 5.5Grade Unit: %Intercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
EC102
Project
Iberian Belt West
Commodity
copper
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
5.5
Grade Unit
%
Intercept
2.6 m
True Width
2.47 m
From
212 m
To
214.6 m
Hole Depth
246 m
Intercept Depth
211.4 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC102:212-214.6
Mining Method
underground

Location

Easting
649712
Northing
4171478
Elevation
132 m
Azimuth
137 °
Dip
37 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This bonanza-grade copper sub-interval within EC102 significantly enhances the overall prospectivity and grade profile of the deposit.

Positive factors

  • Bonanza Intercept
  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“5.5”

Context: 2.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.47

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC102Iberian Belt West · leadGrade: 1Grade Unit: %Intercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
EC102
Project
Iberian Belt West
Commodity
lead
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
1
Grade Unit
%
Intercept
2.6 m
True Width
2.47 m
From
212 m
To
214.6 m
Hole Depth
246 m
Intercept Depth
211.4 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC102:212-214.6
Mining Method
underground

Location

Easting
649712
Northing
4171478
Elevation
132 m
Azimuth
137 °
Dip
37 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This bonanza-grade lead sub-interval within EC102 significantly enhances the overall prospectivity and grade profile of the deposit.

Positive factors

  • Bonanza Intercept
  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1.0”

Context: 2.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.47

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC102Iberian Belt West · zincGrade: 1.9Grade Unit: %Intercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
EC102
Project
Iberian Belt West
Commodity
zinc
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
1.9
Grade Unit
%
Intercept
2.6 m
True Width
2.47 m
From
212 m
To
214.6 m
Hole Depth
246 m
Intercept Depth
211.4 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC102:212-214.6
Mining Method
underground

Location

Easting
649712
Northing
4171478
Elevation
132 m
Azimuth
137 °
Dip
37 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This bonanza-grade zinc sub-interval within EC102 significantly enhances the overall prospectivity and grade profile of the deposit.

Positive factors

  • Bonanza Intercept
  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1.9”

Context: 2.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.47

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC102Iberian Belt West · goldGrade: 3.97Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
EC102
Project
Iberian Belt West
Commodity
gold
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
3.97
Grade Unit
g/t
Intercept
2.6 m
True Width
2.47 m
From
212 m
To
214.6 m
Hole Depth
246 m
Intercept Depth
211.4 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC102:212-214.6
Mining Method
underground

Location

Easting
649712
Northing
4171478
Elevation
132 m
Azimuth
137 °
Dip
37 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This bonanza-grade gold sub-interval within EC102 significantly enhances the overall prospectivity and grade profile of the deposit.

Positive factors

  • Bonanza Intercept
  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“3.97”

Context: 2.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.47

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC102Iberian Belt West · silverGrade: 99.15Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
EC102
Project
Iberian Belt West
Commodity
silver
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
99.15
Grade Unit
g/t
Intercept
2.6 m
True Width
2.47 m
From
212 m
To
214.6 m
Hole Depth
246 m
Intercept Depth
211.4 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC102:212-214.6
Mining Method
underground

Location

Easting
649712
Northing
4171478
Elevation
132 m
Azimuth
137 °
Dip
37 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This bonanza-grade silver sub-interval within EC102 significantly enhances the overall prospectivity and grade profile of the deposit.

Positive factors

  • Bonanza Intercept
  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“99.15”

Context: 2.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.47

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC103Iberian Belt West · copperGrade: 1.4Grade Unit: %Intercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
EC103
Project
Iberian Belt West
Commodity
copper
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
1.4
Grade Unit
%
Intercept
0.7 m
True Width
0.665 m
From
224.2 m
To
224.85 m
Hole Depth
261.6 m
Intercept Depth
224.2 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC103:224.2-224.85
Mining Method
underground

Location

Easting
649711
Northing
4171478
Elevation
132 m
Azimuth
156 °
Dip
42 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This high-grade copper intercept from hole EC103 contributes to the definition and continuity in the upper-central portion of the deposit.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Confirms continuity in central portion

Evidence · table

“1.4”

Context: 0.7

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.665

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC103Iberian Belt West · leadGrade: 2.6Grade Unit: %Intercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
EC103
Project
Iberian Belt West
Commodity
lead
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
2.6
Grade Unit
%
Intercept
0.7 m
True Width
0.665 m
From
224.2 m
To
224.85 m
Hole Depth
261.6 m
Intercept Depth
224.2 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC103:224.2-224.85
Mining Method
underground

Location

Easting
649711
Northing
4171478
Elevation
132 m
Azimuth
156 °
Dip
42 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This high-grade lead intercept from hole EC103 contributes to the definition and continuity in the upper-central portion of the deposit.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Confirms continuity in central portion

Evidence · table

“2.6”

Context: 0.7

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.665

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC103Iberian Belt West · zincGrade: 5.3Grade Unit: %Intercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
EC103
Project
Iberian Belt West
Commodity
zinc
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
5.3
Grade Unit
%
Intercept
0.7 m
True Width
0.665 m
From
224.2 m
To
224.85 m
Hole Depth
261.6 m
Intercept Depth
224.2 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC103:224.2-224.85
Mining Method
underground

Location

Easting
649711
Northing
4171478
Elevation
132 m
Azimuth
156 °
Dip
42 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This high-grade zinc intercept from hole EC103 contributes to the definition and continuity in the upper-central portion of the deposit.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Confirms continuity in central portion

Evidence · table

“5.3”

Context: 0.7

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.665

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC103Iberian Belt West · goldGrade: 2.57Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
EC103
Project
Iberian Belt West
Commodity
gold
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
2.57
Grade Unit
g/t
Intercept
0.7 m
True Width
0.665 m
From
224.2 m
To
224.85 m
Hole Depth
261.6 m
Intercept Depth
224.2 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC103:224.2-224.85
Mining Method
underground

Location

Easting
649711
Northing
4171478
Elevation
132 m
Azimuth
156 °
Dip
42 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This high-grade gold intercept from hole EC103 contributes to the definition and continuity in the upper-central portion of the deposit.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Confirms continuity in central portion

Evidence · table

“2.57”

Context: 0.7

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.665

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC103Iberian Belt West · silverGrade: 49.08Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
EC103
Project
Iberian Belt West
Commodity
silver
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
49.08
Grade Unit
g/t
Intercept
0.7 m
True Width
0.665 m
From
224.2 m
To
224.85 m
Hole Depth
261.6 m
Intercept Depth
224.2 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC103:224.2-224.85
Mining Method
underground

Location

Easting
649711
Northing
4171478
Elevation
132 m
Azimuth
156 °
Dip
42 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This high-grade silver intercept from hole EC103 contributes to the definition and continuity in the upper-central portion of the deposit.

Positive factors

  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Confirms continuity in central portion

Evidence · table

“49.08”

Context: 0.7

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.665

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC104Iberian Belt West · copperGrade: 0.8Grade Unit: %Intercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
EC104
Project
Iberian Belt West
Commodity
copper
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
0.8
Grade Unit
%
Intercept
3.3 m
True Width
2.211 m
From
461.55 m
To
464.9 m
Hole Depth
480 m
Intercept Depth
461.55 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
EC104:461.55-464.9
Mining Method
underground

Location

Easting
649314
Northing
4171447
Elevation
136 m
Azimuth
144 °
Dip
66 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This intercept from hole EC104 represents the deepest and westernmost mineralized intercept to date, indicating potential for additional resource expansion to the west.

Positive factors

  • Polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Step-Out Extension (deepest and westernmost)

Evidence · table

“0.8”

Context: 3.3

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.211

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

EC104Iberian Belt West · leadGrade: 0.2Grade Unit: %Intercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
EC104
Project
Iberian Belt West
Commodity
lead
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
0.2
Grade Unit
%
Intercept
3.3 m
True Width
2.211 m
From
461.55 m
To
464.9 m
Hole Depth
480 m
Intercept Depth
461.55 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
EC104:461.55-464.9
Mining Method
underground

Location

Easting
649314
Northing
4171447
Elevation
136 m
Azimuth
144 °
Dip
66 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This intercept from hole EC104 represents the deepest and westernmost mineralized intercept to date, indicating potential for additional resource expansion to the west.

Positive factors

  • Polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Step-Out Extension (deepest and westernmost)

Evidence · table

“0.2”

Context: 3.3

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.211

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

EC104Iberian Belt West · zincGrade: 0.4Grade Unit: %Intercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
EC104
Project
Iberian Belt West
Commodity
zinc
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
0.4
Grade Unit
%
Intercept
3.3 m
True Width
2.211 m
From
461.55 m
To
464.9 m
Hole Depth
480 m
Intercept Depth
461.55 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
EC104:461.55-464.9
Mining Method
underground

Location

Easting
649314
Northing
4171447
Elevation
136 m
Azimuth
144 °
Dip
66 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This intercept from hole EC104 represents the deepest and westernmost mineralized intercept to date, indicating potential for additional resource expansion to the west.

Positive factors

  • Polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Step-Out Extension (deepest and westernmost)

Evidence · table

“0.4”

Context: 3.3

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.211

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

EC104Iberian Belt West · goldGrade: 0.88Grade Unit: g/tIntercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
EC104
Project
Iberian Belt West
Commodity
gold
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
0.88
Grade Unit
g/t
Intercept
3.3 m
True Width
2.211 m
From
461.55 m
To
464.9 m
Hole Depth
480 m
Intercept Depth
461.55 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
EC104:461.55-464.9
Mining Method
underground

Location

Easting
649314
Northing
4171447
Elevation
136 m
Azimuth
144 °
Dip
66 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This intercept from hole EC104 represents the deepest and westernmost mineralized intercept to date, indicating potential for additional resource expansion to the west.

Positive factors

  • Polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Step-Out Extension (deepest and westernmost)

Evidence · table

“0.88”

Context: 3.3

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.211

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

EC104Iberian Belt West · silverGrade: 14.87Grade Unit: g/tIntercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
EC104
Project
Iberian Belt West
Commodity
silver
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
14.87
Grade Unit
g/t
Intercept
3.3 m
True Width
2.211 m
From
461.55 m
To
464.9 m
Hole Depth
480 m
Intercept Depth
461.55 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
EC104:461.55-464.9
Mining Method
underground

Location

Easting
649314
Northing
4171447
Elevation
136 m
Azimuth
144 °
Dip
66 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This intercept from hole EC104 represents the deepest and westernmost mineralized intercept to date, indicating potential for additional resource expansion to the west.

Positive factors

  • Polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Step-Out Extension (deepest and westernmost)

Evidence · table

“14.87”

Context: 3.3

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.211

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

EC105Iberian Belt West · copperGrade: 5.4Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
EC105
Project
Iberian Belt West
Commodity
copper
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
5.4
Grade Unit
%
Intercept
1 m
True Width
0.95 m
From
222.05 m
To
223.05 m
Hole Depth
249.9 m
Intercept Depth
222.05 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC105:222.05-223.05
Mining Method
underground

Location

Easting
649711
Northing
4171478
Elevation
132 m
Azimuth
172 °
Dip
40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This bonanza-grade copper intercept from hole EC105 is a significant result, confirming continuity and providing better definition in the upper-central portion of the deposit.

Positive factors

  • Bonanza Intercept
  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Confirms continuity in central portion

Evidence · table

“5.4”

Context: 1.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.95

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC105Iberian Belt West · leadGrade: 2.9Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
EC105
Project
Iberian Belt West
Commodity
lead
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
2.9
Grade Unit
%
Intercept
1 m
True Width
0.95 m
From
222.05 m
To
223.05 m
Hole Depth
249.9 m
Intercept Depth
222.05 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC105:222.05-223.05
Mining Method
underground

Location

Easting
649711
Northing
4171478
Elevation
132 m
Azimuth
172 °
Dip
40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This bonanza-grade lead intercept from hole EC105 is a significant result, confirming continuity and providing better definition in the upper-central portion of the deposit.

Positive factors

  • Bonanza Intercept
  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Confirms continuity in central portion

Evidence · table

“2.9”

Context: 1.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.95

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC105Iberian Belt West · zincGrade: 5.9Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
EC105
Project
Iberian Belt West
Commodity
zinc
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
5.9
Grade Unit
%
Intercept
1 m
True Width
0.95 m
From
222.05 m
To
223.05 m
Hole Depth
249.9 m
Intercept Depth
222.05 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC105:222.05-223.05
Mining Method
underground

Location

Easting
649711
Northing
4171478
Elevation
132 m
Azimuth
172 °
Dip
40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This bonanza-grade zinc intercept from hole EC105 is a significant result, confirming continuity and providing better definition in the upper-central portion of the deposit.

Positive factors

  • Bonanza Intercept
  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Confirms continuity in central portion

Evidence · table

“5.9”

Context: 1.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.95

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC105Iberian Belt West · goldGrade: 2.95Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
EC105
Project
Iberian Belt West
Commodity
gold
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
2.95
Grade Unit
g/t
Intercept
1 m
True Width
0.95 m
From
222.05 m
To
223.05 m
Hole Depth
249.9 m
Intercept Depth
222.05 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC105:222.05-223.05
Mining Method
underground

Location

Easting
649711
Northing
4171478
Elevation
132 m
Azimuth
172 °
Dip
40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This bonanza-grade gold intercept from hole EC105 is a significant result, confirming continuity and providing better definition in the upper-central portion of the deposit.

Positive factors

  • Bonanza Intercept
  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Confirms continuity in central portion

Evidence · table

“2.95”

Context: 1.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.95

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

EC105Iberian Belt West · silverGrade: 112Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
EC105
Project
Iberian Belt West
Commodity
silver
Region
spain
Reported Region
spain
Ticker
EMO

Geometry

Grade
112
Grade Unit
g/t
Intercept
1 m
True Width
0.95 m
From
222.05 m
To
223.05 m
Hole Depth
249.9 m
Intercept Depth
222.05 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
EC105:222.05-223.05
Mining Method
underground

Location

Easting
649711
Northing
4171478
Elevation
132 m
Azimuth
172 °
Dip
40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: This bonanza-grade silver intercept from hole EC105 is a significant result, confirming continuity and providing better definition in the upper-central portion of the deposit.

Positive factors

  • Bonanza Intercept
  • High-grade polymetallic intercept
  • True width disclosed
  • QA/QC disclosed
  • Confirms continuity in central portion

Evidence · table

“112.00”

Context: 1.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.95

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Fact 41Iberian Belt WestView all details
Link to this fact

Identity

Project
Iberian Belt West
Region
spain
Reported Region
Spain
Ticker
EMO

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: The completion of the public consultation phase for the Environmental Authorization is a significant positive step, de-risking the project and advancing it towards an Exploitation Permit.

Positive factors

  • Permitting Progress
  • Key milestone achieved
  • Moves project closer to final approval

Evidence · text

“Public Consultation Submission Phase of the AAU (Autorizacion Ambiental Unificada) Now Complete”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.