Equinox Exploration Signs Option Agreement with Binghampton Holdings, LLC

Equinox Exploration Corp.(TSXV:EQX) announced that it has signed a mining lease and option to purchase agreement with Binghampton Holdings, LLC. Under the terms of the agreement Equinox will have the option to purchase 60% interest of the Binghampton property.

As quoted in the press release:

Under the agreement, Binghampton has granted to Equinox the exclusive right to explore, develop and mine the Binghampton Property, Mining Claims and Mineral Exploration Permits (as described in the Agreement) and an exclusive and irrevocable option to purchase all Binghampton’s right, title and interest in and to its Property, Mining Claims and Mineral Exploration Permits. The effect of the Agreement is to give Equinox development and mining rights to all minerals, ores, metals, tailings, concentrates and mineral products.

Equinox, President and COO, Victor Nielsen, commented:

“Equinox is extremely excited with the prospects that the Binghampton project represents. The Binghampton Property has a rich history and is yet to be fully explored. It is an ideal complement to our current portfolio of properties known to host copper and other metals.

Click here to read the Equinox Exploration Corp. (TSXV:EQX) press release