• Emerita Resources announced pre-feasibility study results for its wholly owned Iberian Belt West mining project in southwestern Spain on October 29, 2026.
• Base-case after-tax net present value at an 8% discount rate reached USD 776 million, with a 23.51% internal rate of return.
• Initial capital costs total USD 566.7 million; payback is projected at one year, 11 months from production startup.
• Probable reserves of 23,400,000 tonnes support a 21-year mine life.
• Pyrite concentrate accounts for 66% of projected net smelter returns; no concentrate offtake agreements have been executed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Emerita Resources Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610291602NEWSFILECNPR____20261029_321646_1) on October 29, 2026, and is solely responsible for the information contained therein.