Emerita Announces Renewal of the Nuevo Tintillo Property Permit and Changes to Board of Directors

TORONTO, April 15, 2026 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX-V: EMO; OTCQX: EMOTF; FSE: LLJA) (the “Company” or “Emerita”) announces it has been granted the renewal permit, or Permiso de Investigación (“Investigation Permit”), for the Nuevo Tintillo property (“Nuevo Tintillo” or the “Property”). Nuevo Tintillo consists of 227 mining claims comprising 6,874.2 hectares in the Iberian Pyrite Belt in Seville Province, Andalusia Region of southern Spain (Figure 1). The permit was received from the General Registry of the Delegación Territorial de Economía, Hacienda y Fondos Europeos y de Política Industrial y Energía en Sevilla (Regional Government of Seville). The Investigation Permit is granted for a period of three years and may be renewed for additional terms prior to the expiry of each three-year period subject to satisfying the requisite regulatory conditions for an extension.

Figure 1. Location of the Nuevo Tintillo property in the Region of Andalusia. Note the small internal claim in the interior of the Property is not part of Emerita’s holdings.

Significance of Nuevo Tintillo Permit Renewal

Mapping and prospecting on the west side of the Property outlined a new mineralized trend approximately 1.5km to the northwest of the historic Santa Flora copper mine. This trend comprises two areas of outcropping gossan and siliceous breccias over approximately 400 meters’ strike (see Figure 2) (refer to the Company’s news release dated August 20, 2024).

The mineralization is hosted in an oxidized zone that is host to siliceous stockwork and gossan (Figure 3). Samples from both the siliceous stockwork and the gossanous material contain significant amounts of gold and silver. Base metal grades were low but showed anomalous values, as expected, since base metals are typically leached during surface oxidation processes. Samples are from two areas that together extend along approximately 400 meters. It is not known at this time if they are two separate zones or part of a single mineralized zone due to limited exposure between them. Assay results for the westernmost area are shown in Table 1 and the second area in Table 2.