Mr. Joaquin Merino reports

EMERITA INTERSECTS 30.5 METERS GRADING 0.3 % COPPER; 1.6 % LEAD; 1.5 % ZINC; 2.61 G/T GOLD AND 193.5 G/T SILVER, INCLUDING 5.4 METERS GRADING 0.5 % COPPER; 3.6 % LEAD; 0.4 % ZINC; 7.50 G/T GOLD AND 675.7 G/T SILVER FROM 507.9 METERS; AND 7.5 METER

Emerita Resources Corp. has released additional assay results from the continuing delineation drilling program at La Romanera deposit, part of Emerita's wholly owned Iberian Belt West project (IBW). These results will be included in the coming maiden National Instrument 43-101 compliant mineral resource estimate (MRE). Assays from 10 additional drill holes from La Romanera deposit have been received. 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.

Joaquin Merino, PGeo, president of Emerita, stated: "These holes are being incorporated into the block model for the forthcoming MRE. Meetings are occurring this week with Wardell Armstrong International, who has been engaged to complete the MRE, to review and refine the block model as we approach completion. Assay data for the remaining few drill holes is being incorporated as they are received."

La Romanera assay results include holes LR085, LR090, LR096, LR112, LR114, LR137, LR140, LR142, LR144 and LR145 and are reported below.

These holes are distributed broadly across the deposit between 100 and negative 350 m (metres) elevation.

Drill hole intercepts below 250 m depth (LR096, LR140, LR142) intercepted both the upper and lower lenses. In some cases, the width of the lenses exceeds 30 metres and returned high grades in base metals as well as gold and silver.

Drill hole intercepts in the upper part of the deposit (LR137, LR145, LR144) intercepted both the upper and lower lenses. The upper lens is characterized by high grade in base metals, gold and silver over narrow widths. The lower lens presents moderate widths in base metal grades and moderate to high grades in gold and silver.

Drill hole grades and thicknesses are reported below.

Drill hole LR096

The upper lens was intersected at 512.6 m and encountered 5.4 m grading 0.3 per cent copper, 1.5 per cent lead, 3 per cent zinc, 1.24 grams per tonne gold and 80.6 g/t silver. The lower lens was intersected at 518.0 m and comprises 4.5 m grading 0.2 per cent Cu, 2 per cent Pb, 3.4 per cent Zn, 2.28 g/t Au and 225.0 g/t Ag.

Drill hole LR112

The lower lens was intersected at 242.6 m and encountered 2.3 m grading 0.2 per cent Cu, 2.3 per cent Pb, 6.7 per cent Zn, 0.83 g/t Au and 79.9 g/t Ag.

Drill hole LR137

The lower lens was intersected at 149.9 m and encountered 3.1 m grading 0.2 per cent Cu, 0.8 per cent Pb, 0.2 per cent Zn, 1.53 g/t Au and 68.8 g/t Ag.

Drill hole LR140

The lower lens was intersected at 632.5 m down the hole and comprises 30.45 m grading 0.3 per cent Cu, 1.5 per cent Pb, 3.9 per cent Zn, 1.42 g/t Au and 84.2 g/t Ag, including 8.1 m grading 0.2 per cent Cu, 4 per cent Pb, 13.8 per cent Zn, 2.46 g/t Au and 164.6 g/t Ag.

Drill hole LR142

The upper lens was intersected at 517.2 m and comprises 30.5 m of mineralization grading 0.3 per cent Cu, 1.6 per cent Pb, 1.5 per cent Zn, 2.61 g/t Au and 193.5 g/t Ag, including 5.40 m grading 0.5 per cent Cu, 3.6 per cent Pb, 0.4 per cent Zn, 7.54 g/t Au and 675.7 g/t Ag. The lower lens was intersected at 518.6 m down the hole and comprises 7.45 m of mineralization grading 0.2 per cent Cu, 3.1 per cent Pb, 9.4 per cent Zn, 1.79 g/t Au and 141.8 g/t Ag.

Drill hole LR144

The upper lens was intersected at 91.4 m and encountered 1.6 m grading 0.4 per cent Cu, 4.1 per cent Pb, 8.0 per cent Zn, 2.96 g/t Au and 149.5 g/t Ag. The lower lens was intersected at 97.3 m and comprises 3.65 m grading 0.2 per cent Cu, 2.9 per cent Pb, 1 per cent Zn, 2.34 g/t Au and 119.8 g/t Ag.

Drill hole LR145

The lower lens was intersected at 94.4 m and encountered 2.75 m grading 0.1 per cent Cu, 1.5 per cent Pb, 2.8 per cent Zn, 2.10 g/t Au and 86.7 g/t Ag.

Drill hole LR85, LR090, LR114

Low-grade pyrite, no significant assays.

Quality assurance/quality control

Drilling at La Romanera and La Infanta is HQ size and core is placed into core trays at the drill site and transported directly from the site to Emerita's coreshack (15 kilometres) from La Romanera and eight km from La Infanta. 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 one m or less, and respecting lithological contacts, with most of the samples one m 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 (inductively coupled plasma) 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).

Ten per cent of the analyzed samples correspond to control samples (fine blanks, coarse blanks, high-, medium- and low-grade standards). In addition, 10 per cent of pulps are reanalyzed at a second independent certified laboratory (AGQ Lab Sevilla). 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 reassayed in such case. Once the data are approved by the QA/QC protocol assays are entered digitally directly into the database.

Qualified person

The scientific and technical information in this news release has been reviewed and approved by Mr. Merino, PGeo, president of the company and a qualified person as defined by National Instrument 43-101 of the Canadian Securities Administrators.

About Emerita Resources Corp.

Emerita is a natural resource company engaged in the acquisition, exploration and development of mineral properties in Europe, with a primary focus on exploring in Spain. The company's corporate office and technical team are based in Seville, Spain, with an administrative office in Toronto, Canada.

We seek Safe Harbor.