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Overview of Equity Metals Corporation
Equity Metals Corporation is a dedicated mineral exploration company with a pronounced focus on uncovering high-grade precious and base metal deposits in British Columbia. With a diversified portfolio of exploration projects including its flagship Silver Queen project, a controlling joint venture in the Monument Diamond project, and an option acquisition on the Arlington Property, Equity Metals has established itself as a knowledgeable participant in the Canadian mining exploration arena.
Core Business Areas and Operations
At its core, Equity Metals is committed to exploring and delineating mineralized zones that contain gold, silver, copper, lead, and zinc. The company applies advanced geological techniques and drilling programs to validate historic data, extend known mineralized structures, and identify new targets. Operating under stringent guidelines compliant with NI43-101 standards, their projects capitalize on long-established mineral occurrences while integrating modern exploration methods such as 3D modeling, airborne geophysical surveys, and comprehensive soil sampling programs.
Flagship Silver Queen Project
The Silver Queen project encompasses a vast land package where mineralization is hosted by a series of epithermal veins across an expansive area. Historically, the property has seen significant exploration and development, supported by robust mining infrastructure including power, roads, and rail systems. The property features a multi-vein system that has been systematically explored over many decades. Drilling programs have targeted key zones such as the George Lake, Camp Deposit, and Camp North targets. Each of these has revealed promising intervals of precious and base metals, evidencing both the continuity and complexity of the mineralized structures.
Exploration Techniques and Resource Expansion
Equity Metals utilizes a comprehensive exploration methodology that includes:
- Drilling Programs: Multi-phase drilling campaigns aimed at delineating mineralized zones and extending known vein systems.
- Assay and Sampling Procedures: Rigorous QA/QC protocols for core sample analyses that help validate mineral grades and extend target areas.
- Geophysical Surveys: Airborne magnetic and radiometric surveys, complemented by ground geophysics and soil sampling to outline anomalous signatures associated with mineralization.
- Technical Reporting: The adoption of NI43-101 compliant technical reports that ensure clarity, consistency, and confidence in the company's exploration data.
These efforts contribute to a robust understanding of the geologic environment, while the continuous application of advanced exploration tools supports the expansion of their mineral resource base in a methodical and technically sound manner.
Strategic Projects and Geographic Positioning
The company’s operations are strategically concentrated in the prolific mining regions of British Columbia. The Silver Queen project, a historic yet largely under-explored property, is enhanced by its proximity to modern mining infrastructure and established transport networks. Furthermore, the optioned Arlington Property and the controlling interest in the Monument Diamond project represent significant exploratory opportunities. These projects are underpinned by extensive historical data, making them attractive targets for further resource delineation and potential underground development.
Management and Technical Expertise
Equity Metals is backed by a seasoned management team with extensive experience in geological exploration and mining. Their technical leadership, including qualified persons as defined by regulatory standards, ensures that exploration programs are conducted with precision and technical rigor. This expertise is evident in the company's methodological approach, the strategic integration of historical data with modern exploration technology, and their commitment to comprehensive resource modeling.
Competitive Position in the Industry
Operating in a competitive sector, Equity Metals differentiates itself through its disciplined exploration strategy and value-driven project portfolio. By focusing on underexplored terrain with a high potential for resource expansion, the company stands apart from peers who may rely on more conventional exploration efforts. Their integration of historical exploration data with state-of-the-art geophysical and drilling techniques positions them as an informed and reliable entity in the mining exploration domain.
Commitment to Communication and Transparency
Equity Metals emphasizes transparency in its disclosures and technical reporting, ensuring that all stakeholders have access to detailed, factual, and current information. The company’s extensive use of HTML-formatted technical descriptions, assay result discussions, and exploration updates not only meets regulatory requirements but also serves as a resource for investors seeking an in-depth understanding of its operations.
Conclusion
The operations of Equity Metals Corporation reflect a balanced blend of historical insight and modern exploration techniques. By focusing on the comprehensive delineation of multiple mineralized zones and maintaining a disciplined, methodical approach to exploration, the company provides detailed insights into its projects, methodologies, and institutional expertise. This robust narrative underscores their commitment to technical excellence, operational transparency, and informed exploration – qualities that resonate strongly with investors and industry analysts alike.
Equity Metals (EQMEF) held its annual general meeting on February 27, 2025, where shareholders re-elected five incumbent directors: Joseph A. Kizis Jr., Lawrence Page, Killian Ruby, Courtney Shearer, and John Kerr.
The company reappointed Davidson & Company LLP as auditor and approved a rolling incentive stock option plan reserving 10% of issued shares, pending TSX Venture Exchange acceptance.
Key officers were re-appointed, including Joseph A. Kizis Jr. as President, Lawrence Page as Chairman, Robert Macdonald as VP Exploration, Jay Oness as VP Corporate Development, Killian Ruby as CFO, and Arie Page as Corporate Secretary. Additionally, the company granted 5,150,000 stock options to directors, officers, and consultants at $0.17 per share, exercisable for five years.
Equity Metals (EQMEF) has reported promising results from its Q4 2024 surface sampling program at the Arlington gold property in British Columbia. The program expanded the southern Au-in-soil anomaly to 800m x 800m on the South Fresh Pots Target, with 33 of 217 soil samples yielding >100ppb Au and 3 samples exceeding 1g/t Au.
Notable discoveries include gold-bearing outcrop with exceptional grab samples of 41.8g/t Au and 7.9g/t Au, plus a continuous chip sample of 13.3g/t Au over two meters. A new polymetallic vein showing was also found, containing 0.126ppm Au, 21.63ppm Ag, 1.07% Pb, and 1.26% Zn.
The company has expanded its land position by staking three additional claims totaling 1,830ha, bringing the total Arlington property to 5,387ha. A comprehensive airborne magnetic/radiometric survey was completed, and a CDN$1.2 million exploration program is planned for Spring 2025, including Lidar Survey, ground IP geophysics, and a 3,000-metre drill campaign.
Equity Metals reports final 2024 assay results from drilling at its Silver Queen project in British Columbia. The company completed sixteen core holes totaling 5,952 metres on the No. 3 North Target, successfully extending mineralization along an additional 400 metres northwest of previously modelled areas.
Key highlights include intersections of 507g/t AgEq over 2.7 metres (including 1,089g/t AgEq over 0.6 metres), 386g/t AgEq over 3.6 metres (including 713g/t AgEq over 1.6 metres), and 1,609g/t AgEq over 0.7 metres.
The No. 3 vein was tested to over 250 metres below surface while the No. 2 Vein was tested to over 400 metres below surface. Both structures remain open laterally and to depth, with further testing planned for 2025. The company's exploration plans for 2025 are fully funded.
Equity Metals (TSXV: EQTY) has reported initial assay results from its Fall 2024 drill program at the Silver Queen Au-Ag project in British Columbia. The program completed 16 core holes totaling 5,952 metres on the No. 3 North Target. Key highlights include:
- 7.6 metre interval grading 431g/t AgEq (including 1.6 metre at 1,475g/t AgEq)
- 3.3 metre interval grading 710g/t AgEq (including 1.1 metre at 1,341g/t AgEq)
- 2.4 metre interval grading 473g/t AgEq
The results confirm mineralization beyond the northern end of the No. 3 Vein resource model, extending 100 metres below and 100 metres laterally. The No. 3 Vein represents the largest deposit on the property, accounting for 65% of current mineral resources.
Equity Metals (TSXV: EQTY) has received TSX Venture Exchange approval for its option agreement with Origen Resources to acquire a 100% interest in the Arlington Property, comprising nine claims totaling 3,583.89 ha in British Columbia's Boundary District.
The company has already paid $80,000 ($30,000 for drill permit bond reimbursement) and issued 944,686 shares valued at $200,000 to Origen. To complete the acquisition, Equity must pay an additional $50,000, issue 2 million shares, and spend $250,000 on exploration within one year. Origen will retain a 2% net smelter returns royalty, with Equity having the option to purchase 1% for $1 million.
Initial work plans include soil sampling, geological mapping, prospecting, and possible trenching, followed by drilling in 2025.
Equity Metals (TSXV: EQTY) has signed a letter agreement with Origen Resources to acquire a 100% interest in the Arlington Property, consisting of nine claims totaling 3,583.89 hectares in British Columbia's Boundary District. The acquisition terms include cash payments of $130,000, exploration expenditures of $250,000, and two share issuances valued at $200,000 each, all within one year of regulatory approval. Origen will retain a 2% net smelter returns royalty, with Equity having the option to purchase 1% for $1,000,000.
Equity Metals reports final assay results from its Summer '24 drill program on the Silver Queen Au-Ag project in British Columbia. The program successfully extended the George Lake target by 550 metres southeast, yielded Bonanza-grade silver intercepts at the Camp Deposit, and made a new sulphide-rich discovery at Camp North. Highlights include intercepts from hole SQ24-120 with 13.6g/t AuEq over 0.5 metres and 12.0g/t AuEq over 0.6 metres. The drilling program completed 24 core holes totaling 10,543 metres across various targets. New drilling continues at the No. 3 Vein North target, with seven core holes completed of 14 planned.
Equity Metals (TSXV: EQTY) reports continued high-grade silver intersections at the Camp Deposit and new Camp North target on its Silver Queen Au-Ag project in British Columbia. Key findings include:
1) A 0.7m interval grading 18.4g/t AuEq at Camp Deposit
2) A 1.8m interval averaging 10.2g/t AuEq at Camp North Target
3) Continued mineralization at George Lake target
The company has begun its Fall '24 drilling program, focusing on the No.3 Vein North area with up to 5,000m planned. The Summer '24 program completed 24 core holes totaling 10,543 metres across multiple targets. VP Exploration Rob Macdonald highlighted the exploration potential and ongoing resource expansion opportunities.
Equity Metals (TSXV: EQTY) reports significant drilling results from its Silver Queen Au-Ag project in British Columbia. Bonanza-grade silver was intersected at the Camp Deposit, with highlights including:
- 7,099g/t Ag over 0.7m within 1,501g/t Ag over 3.5m in hole SQ24-124
- 1,156g/t Ag over 0.7m within 484g/t Ag over 2.3m in hole SQ24-123
At the George Lake target, bonanza-grade gold was encountered:
- 58.2g/t Au over 0.4m in hole SQ24-113
- 17.1g/t AuEq over 0.5m in hole SQ24-111
The company completed 24 core holes totaling 10,543 metres in its Summer '24 program. Drilling is paused for August to analyze results and will resume in mid-September.
Equity Metals (TSXV: EQTY) has reported initial 2024 drill results from the George Lake target at its 100% owned Silver Queen Au-Ag project in British Columbia. The drilling program, which began in May, has completed 20 core holes totaling 7,553 meters, testing a 550-meter strike length of the George Lake structure to depths of up to 400 meters below surface.
Key highlights include:
- Drill hole SQ23-105: 8.8 meters averaging 324g/t AgEq, including 1.2 meters of 1189g/t AgEq
- Drill hole SQ23-107: 2.7 meters averaging 265g/t AgEq
These results confirm the lateral projection and continuity of mineralization in the George Lake structure. The company plans to continue exploration drilling to further extend the mineralization and test the structure to greater depths.
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