Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
TORONTO, ONTARIO–(Marketwired – Dec. 19, 2013) – Emerita Gold Corp. (TSX VENTURE:EMO) (the “Company” or “Emerita”) announces the completion of geophysical exploration programs at its 100% owned Las Morras Property in the Extremadura Region of western Spain (the “Property”) (Figure 1). The geophysical surveys consisted of Very Low Frequency (VLF), Induced Polarization (IP) and Electrical Resistivity Tomagraphy (ERT) surveys over the Central and Northwest target areas. The surveys identified several anomalies that are interpreted to represent shear zone structures coincident with the previously identified gold geochemical anomalies (see news releases dated August 29 and April 8, 2013). These interpreted structures will be evaluated as potential bedrock sources for the gold identified in the soils over the geophysical features by trenching and, if appropriate, drilling.
