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Equitas Resources Corp. Updates Exploration Program on its Garland Nickel-Copper Property20.10.2015 | 22:01 Uhr | CNW
VANCOUVER, Oct. 20, 2015 /CNW/ - Equitas Resources Corp. (TSXv: EQT) (FSE: T6UN) ("Equitas" or the "Company") is pleased to provide an update on its exploration program at the Garland nickel-copper property in Labrador, Canada. To date, four NQ diamond drill holes, totaling 1515m have been completed. The objective of the drill program is to evaluate the remaining ten areas of conductivity prospective for nickel-copper sulphides identified through the VTEM Plus airborne survey. Of these anomalies, drilling has tested anomalies D, C, J and Q. A total of 173 samples have been sent to Activation Laboratories in Ancaster, ON for analysis, and samples are being selected for petrographic study. Field evaluation of the twelve VTEM anomaly areas continues with Crone large loop PEM surveys. A total of 30 line km of Crone large loop Pulse Electromagnetic Survey (PEM) has been read on anomalies A, B, C, Q, G, J and I. Results of Crone borehole PEM surveys are being interpreted. Field operations to explore the remaining anomalies will continue until conditions deteriorate into winter. In addition, the Company is conducting petrographic analysis on several samples from anomalies D and J. While weather conditions have created general delays in the program, field operations are continuing on site. A full geophysics and drilling update will be provided upon receipt and interpretation of results. "We are satisfied with the progress of work completed to date, and await full results from the current program. Despite a very tough financing climate, Equitas is well-funded to execute on our plans to evaluate all anomalies identified on the Garland property." said Everett Makela, Equitas' VP Exploration. NI 43-101 Disclosure About Equitas Resources Corp. On Behalf of the Board of Directors, "Kyler Hardy" Tel: 604.681.1568 Neither TSX Venture Exchange nor it Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements SOURCE Equitas Resources Corp. Contact Kyler Hardy, President, Tel: 604-681-1568, info@equitasresources.com Dieser Artikel stammt von Rohstoff-Welt.de
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