Equity Metals Corp. proposes to undertake a non-brokered private placement of securities to raise total gross proceeds of up to $1,700,000 . Offering The 13,928,572 Unit Offering consists of: 5,000,000 non-flow-through units to be sold at a price of $0.10 per NFT Unit for gross proceeds of $500,000; 4,166,667 flow-through units to be sold at a price of $0.12 per FT Unit for gross proceeds of $500,000; and 4,761,905 [...]
Highlights Increase in Indicated Category by 187% to 62.8Mozs AgEq or by 214% to 765Kozs AuEq: 21.0Mozs Ag , 237Kozs Au , 18Mlbs Cu , 48Mlbs Pb and 267Mlbs Zn Increase in Inferred Category by 30% to 22.5Mozs AgEq or by 41% to 273Kozs AuEq: 10.3Mozs Ag , 50Kozs Au , 10Mlbs Cu , 23Mlbs Pb and 84Mlbs Zn Equity Metals Corp. reports that Kirkham Geosystems Ltd and P&E Mining Consultants Inc. have completed an updated [...]
Equity Metals Corp. reports that the Company is extending the term of the unexercised total of 8,135,000 share purchase warrants, all of which are exercisable at $0.12 per share . The Warrants were issued in two tranches, on October 22, 2019 and November 25, 2019, pursuant to a private placement and are scheduled to expire on October 22, 2022 and November 25, 2022. The Company is extending the expiry by 2 years and [...]
Equity Metals Corp. reports high-grade gold-silver intercepts in a step-out drill hole that extends mineralization at the Camp Vein target along strike to the west and remains open ended in that direction. This, and two drill holes which tested a portion of the Sveinson target, were completed as part of a limited 1,500-metre drill program in June 2022 at the Company's 100% owned Silver Queen project in northwestern [...]
Equity Metals Corp. reports thick intercepts of mineralization in both lateral step-outs to the Camp Vein and at depth in the Sveinson Target from recent drilling on the Silver Queen property, BC. Drill highlights Include: a 0.6 metre interval grading 2.1g/t Au, 1,705g/t Ag, 4.3% Cu, 1.6% Pb and 4.1% Zn within a 1.2 metre interval averaging 1.0g/t Au, 802g/t Ag, 2.1% Cu, 0.8% Pb and 2.0% Zn from drillhole SQ22-072; a 0.3 [...]
Equity Metals Corp. reports several intersections of high-grade gold and silver from six holes which tested the NG-3 target area on the Silver Queen property, BC. Equity's drilling has now confirmed the extension of the NG-3 Vein to over 300 metres of strike and to depths of up to 240 metres below surface. The holes have established internal continuity between historic intercepts drilled by previous management and earlier [...]
Equity Metals Corp. reports analyses and initial test work on its 100% controlled La Ronge Silica Project, an historic sand quarry located in central Saskatchewan, approximately 60 kilometers south-southeast of La Ronge, Saskatchewan and 210 kilometers west of Flin Flon, Manitoba. Preliminary studies indicate the silica deposit may be developed into a simple and profitable, low-cost mining and washing operation to produce [...]
Equity Metals Corp. reports several intersections of high-grade gold and silver in three holes from the Camp and Sveinson target areas on the Silver Queen property, BC, indicating continuity of veins within the two target areas. Drilling highlights include: A 0.7 metre interval grading 13.6g/t Au, 690g/t Ag, 5.9% Cu, 0.1% Pb and 0.2% Zn from drill hole SQ22-063; a 0.3 metre interval grading 3g/t Au, 426g/t Ag, 3.7% Cu [...]
Equity Metals Corp. reports drill results with multiple +500g/t Ag-eq intervals from the western portion of the Sveinson target on the Silver Queen property. Highlights include hole SQ21-059 which returned multiple high-grade gold-silver-polymetallic intercepts, including: a 0.4 metre interval grading 22.5g/t Au, 3273g/t Ag, 5.6% Cu, 2.5% Pb and 1.8% Zn within a 2.6 metre interval averaging 3.8g/t Au, 509g/t Ag, 0.8% Cu [...]
Equity Metals Corp. reports drill results from the eastern portion of the Sveinson target on the Silver Queen property. Additional assays are pending for the western portion of the Sveinson target and are expected in the coming weeks. The Sveinson target consists of a series of east-west striking veins that lie between the No. 3 and Camp targets. The new holes returned multiple high-grade gold-silver-polymetallic [...]
Equity Metals Corp. announces that the following incumbent directors were re-elected at the Company's annual general meeting held on January 26, 2022: Joseph A. Kizis, Jr., Lawrence Page, Q.C., Killian Ruby, Courtney Shearer and John Kerr. In addition, the shareholders re-appointed Davidson & Company LLP, Chartered Accountants, as auditor of Equity Metals and approved the Company's rolling incentive stock option plan [...]
Equity Metals Corp. reports High-grade Gold-Silver drill intercepts from a previously unmodelled hangingwall zone on the eastern end of the Camp Vein Target at the Silver Queen project. Highlight intervals Include: In drill hole SQ21-047: a 0.4 metre interval grading 9.0g/t Au, 3,574g/t Ag, 12.7% Cu, 1.2% Pb and 5.5% Zn within a 3.2 metre interval averaging 1.8g/t Au, 679g/t Ag, 2.4% Cu, 0.2% Pb and 2.2% Zn ; In drill [...]