The Conversation (0)
In an article by Rockstone Research by Stephan Bognar, Equitas Resources (TSXV:EQT; FSE:T6UN) was highlighted in what is being referred to as Voisey’s Bay 2.0
In an article by Rockstone Research by Stephan Bognar, Equitas Resources (TSXV:EQT; FSE:T6UN) was highlighted in what is being referred to as Voisey’s Bay 2.0
As quoted in the article:
Yesterday after market close, Equitas provided a drilling update. Approximately 1,515m have been drilled so far with 4 holes completed (379m per hole on average) at VTEM anomalies D, C, J and Q. A total of 173 core samples have been sent to an independent lab for analysis, with assays to be received shortly. The remaining 6 anomalies will be drill tested in the next weeks.
In addition to ongoing geophysical evaluations with Crone large loop PEM surveys over all VTEM anomalies, Equitas mentioned to conduct petrographic analysis on several samples from anomalies D and J, which gives the impression that the drills may have found something comparable to Voisey’s Bay. Follow-up drilling at both anomalies may be conducted once favorable assays have been received.
Equitas Resources VP of Exploration, Everett Makela, stated:
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.
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