Emerita Intersects 4.2 Meters Grading 1.4 % Copper; 6.9 % Lead; 14.7 % Zinc; 0.31 g/t Gold and 63.7 g/t Silver, at La Infanta Deposit and Granted Permit to Further Explore IBW with Addition of Infanta Sur

TORONTO, May 15, 2023 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX – V: EMO; OTCQB: EMOTF; FSE: LLJA) (the “Company” or “Emerita”) is pleased to announce assay results from 21 additional holes from the 2023 delineation drilling at La Infanta deposit, part of Emerita’s wholly owned Iberian Belt West project (“IBW” or the “Project”). These results will be included in the upcoming NI 43-101 compliant mineral resource estimate (“MRE”) which is presently being finalized and is expected to be released later this week. IBW hosts three previously identified massive sulphide deposits: La Infanta, La Romanera and El Cura. All deposits are open for expansion along strike and at depth.

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