Joaquín Merino was appointed Emerita's Chief Executive Officer in April 2026 and has continued to serve as President & Director since 2012. He is a senior professional geologist with over 28 years of experience in the mining industry, specializing in exploration and mining operations. Prior to joining Emerita, he held senior leadership roles including Vice President Exploration at Primero Mining Corp. and Apogee Minerals Ltd. and previously served as Exploration Manager for Placer Dome at the Porgera Mine, and as Mine Geologist at Hecla Mining's La Camorra Mine.
His international experience spans across the Americas, Europe, and the Asia-Pacific regions. Currently based in Spain, he is leading the advancement of the IBW Project, while simultaneously pursuing continued business opportunities, and engaging in effective community relations and constructive stakeholder dialogue.
Mr. Merino is a member of the Association of Professional Geoscientists of Ontario. He holds an MSc from Queen's University and a BSc in Geology from the University of Seville, Spain.
Joseph Belan is Chairman and CEO of merchant bank Karst Capital Partners and brings over 25 years of investment banking and private equity experience globally. Mr. Belan has held senior M&A roles in global financial institutions including Credit Suisse First Boston, Goldman Sachs and UBS as well as Managing Director of Swiss-based Pala Investments, a US$1bn multi-strategy investment firm focused on the metals and mining sector. He also brings senior investment and executive experience in complicated restructurings, buyouts, acquisitions and strategic repositioning in the mining and industrial sectors and previously served as a senior advisor to the Canada Pension Plan Investment Board.
Mr. Cabrera has over 25 years of experience as an equity analyst covering the metals and mining industry for global investment banks and Canadian financial institutions, including Goldman Sachs, Merrill Lynch Canada and CIBC World Markets. His experience includes fundamental commodity analysis, capital markets and advisory work for public and private mining companies, including Nexa Resources S.A. He has also participated in the review of and advising companies on primary and secondary offerings in Canada, the United States and Europe.
Mr. Cabrera currently serves as an independent director and Chair of DynaResource Inc. He recently served as an independent director and Chair of Sierra Metals Inc. Mr. Cabrera holds an MBA from York University, an M.Eng. in Structural Engineering from the University of Toronto and a B.Sc. in Civil Engineering from the Instituto Tecnológico y de Estudios Superiores de Monterrey.
Mr. McRae brings more than 15 years of corporate, commercial and legal experience. He formerly served as Vice President, General Counsel and Corporate Secretary of U.S. Silver and Gold and was previously an attorney with Weil, Gotshal & Manges LLP in New York, where he practised in the firm’s transactions group representing major corporations and private equity firms.
Mr. McRae is a member of the New York and Ontario Bars and holds a certificate in Mining Law.
Agne Ahlenius is a senior mining executive with over 35 years of international experience in mine development and operations. Currently CEO & Managing Director of the San Juan Mine Project (tungsten), owned by Eurobattery Minerals AB Sweden, Mr. Ahlenius has held top-level positions in leading Spanish and international mining operations, including roles as Mine Manager at Boliden AB, Operations Manager for MATSA in Spain, and CEO at Lundin Mining for Zinkgruvan Mining AB in Sweden. He holds a Master of Science in Mining Engineering from Luleå University of Technology, Sweden. In addition to his fluency in Spanish, Mr. Ahlenius has a deep understanding of the Spanish regulatory environment and has successfully collaborated with governmental authorities at various levels, skills which the Company's Board believe will contribute to ongoing efforts to successfully advance the IBW Project through major feasibility and regulatory milestones in the coming months.
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Emerita Resources Corp.
36 Lombard Street, Floor 4
Toronto, Ontario, M5C 2X3
Canada
info@emeritaresources.com
