Equity Metals Corp V.EQTY

Alternate Symbol(s): EQMEF

Metals & Mining Industrial Metals & Minerals

Equity Metals Corporation is engaged in the acquisition, exploration and development of mineral and diamond properties in British Columbia, Saskatchewan and the Northwest Territories. It owns a 100% interest, with no underlying royalty, in the Silver Queen project, located along the Skeena Arch in the Omineca Mining Division, British Columbia. The property hosts high-grade, precious- and base-metal veins related to a buried porphyry system, which has been only partially delineated. It has a controlling joint venture interest (57.49%) in the Monument Diamond project, NWT, strategically located in the Lac De Gras district within 40 kilometers (km)of both the Ekati and Diavik diamond mines. It also has royalty and working interests in other Canadian properties. Its WO Project is located in the Lac de Gras area, over 300 km north-northeast of the city of Yellowknife in the Northwest Territories, Canada. Its La Ronge Silica Project is an historic sand quarry located in central Saskatchewan.

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Equity Metals Corp

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Post by Investorsnewson Dec 28, 2022 3:42pm

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Post# 35194204

Reaches Milestone of 1 Moz Gold Equivalent Resource!

Equity Metals Corp. Reaches Milestone of 1 Moz Gold Equivalent Resource!

Earlier this month, this company completed an updated resource estimate on its 100% owned Silver Queen high-grade gold and polymetallic project in B.C.

About our analyst: Siddharth Rajeev, B.Tech (Electronics Engineering), MBA (Finance), CFA.

Analyst's Insights:

• Resources are up 127% to 1.04 Moz AuEq (gold equivalent) / 85 Moz AgEq, surpassing management’s near-term target of 1 Moz AuEq, as reported in our initiating report in September 2021.

• Resources increased due to higher metal prices, extension of the NG-3 and No.3 veins, and maiden resources for the Camp and Sveinson veins.

• Indicated resources account for 74% of total resources (previously 56%), implying higher confidence.

Find out more in the full report: https://www.researchfrc.com/equity-metals-corporation-tsxv-eqty-otcqb-eqmef-reaches-milestone-of-1-moz-gold-equivalent-resource/?utm_source=stockhouse.com&utm_medium=Referral&utm_campaign=stockhouse.com&utm_id=Equity+Metals

*FRC provides issuer-paid coverage.
*Past performance is not indicative of future results.

#management #finance #future #electronics