Upper Court of Andalucia Rules in Favour of Emerita's Appeal of the Paymogo Public Tender

Emerita Resources Corp.

TORONTO, ONTARIO--(Marketwired - Sept. 28, 2017) - Emerita Resources Corp. (the "Company" or "Emerita") (TSX VENTURE:EMO) announces that the Upper Court of Andalucia (TSJA - Tribunal Superior de la Junta de Andalucia) (the "Court") has ruled in favour of Emerita's appeal relating to the awarding of the Paymogo zinc project (see Figure 1 below) (the "Project"). The Court has declared the resolution of April 2014, awarding the Paymogo tender (the "Tender") to Minera Aguas TeƱidas SA ("Matsa") invalid and has ordered that the qualifying bids pursuant to the Tender tender be reassessed.