TSXV:EQTY

Equity Metals Reports on Recent Market Activity

Equity Metals Corporation (TSXV: EQTY) (the "Company" or "Equity Metals") at the request of IIROC, the Company wishes to confirm that management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.

About Equity Metals Corporation

Equity Metals Corporation is a Manex Resource Group Company. The Group provides expertise in exploration, administration, and corporate development services for Equity Metals' two major mineral properties, the Silver Queen Au-Ag-Zn-Cu project, located in central B.C., and the Monument Diamond project, located in Lac De Gras, NWT.

The Company owns 100% interest, with no underlying royalty, in the 18,892ha Silver Queen project, located in the Omineca Mining Division near Owen Lake, British Columbia. The property hosts a series of high-grade, precious- and base-metal veins related to a buried porphyry system, which was only recently discovered and has been only partially delineated. The Company also has a JV interest in the Monument Diamond project, strategically located on the south shore of Lac De Gras, NWT. Diamond-bearing kimberlites of the Monument Property form part of the Lac de Gras cluster and occur within 40 km of both the Ekati Diamond Mine and the Diavik Diamond Mine. The project owners are Equity Metals Corporation (57.49%); Chris and Jeanne Jennings (22.11%); and Archon Minerals Ltd. (20.4%). Equity Metals is the operator of the project.

The Company also has royalty and working interests in other Canadian properties, which are being evaluated further to determine their value to the Company.

On behalf of the Board of Directors

"Lawrence Page"

Lawrence Page, Q.C.
Chairman, Director, Equity Metals Corporation

For further information, visit the website at www.equitymetalscorporation.com; or contact us at 604.641.2759 or by email at ir@mnxltd.com.

Neither TSX Venture Exchange nor its 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. This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Equity Metals Corporation does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/64042

copyright (c) newsfile corp. 2020

News Provided by Newsfile via QuoteMedia

Equity Metals

Equity Metals Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Equity Metals

Equity Metals

Advancing high-grade, district-scale silver and gold assets in British Columbia

Advancing high-grade, district-scale silver and gold assets in British Columbia Keep Reading...
Golden baseball with red stitches on a shiny gold background.

Gold’s Long Game: New Orleans Panelists See More Upside Ahead

During the Mining Share Panel at the New Orleans Investment Conference, participants underscored that the gold bull market will continue — however, just where we are in that bull run was up for debate. For conference host and Gold Newsletter editor Brien Lundin, there is still some way to go.... Keep Reading...
US flag overlaying a dollar bill.

Editor's Picks: Gold and Silver Prices Rise as Government Shutdown Ends, Then Pull Back

The gold price was back in action this week, breaking above the US$4,200 per ounce level after spending about two weeks trading at lower price points.Silver was on the rise again as well, pushing briefly past US$54 per ounce.Both precious metals saw their biggest gains midway through the week as... Keep Reading...
Mike Maloney, gold and silver bars.

Mike Maloney: Gold, Silver Bull Run in Final Phase, I Expect "Spectacular" Prices

Mike Maloney, founder of GoldSilver.com, explains why this time really is different for gold and silver, pointing to factors including growing mainstream adoption. "This to me signals the beginning of the third and final phase of the bull market — and that is where you have the greatest amount... Keep Reading...
Dana Samuelson, silver bars.

Dana Samuelson: Gold, Silver in Global Bank Run, Prices on Hair Trigger

Dana Samuelson, president of American Gold Exchange, discusses this year's unusual market dynamics for gold and silver, saying there have been three big moves of physical metal. "To me, this is literally a run on the bank of gold globally — it's global, it's widespread and it's deep, and I don't... Keep Reading...
Canadian Gold Resources (TSXV:CAN)

Canadian Gold Resources to Expand Maiden Diamond Drill Program & Provides Update on Bulk Sampling Program at Lac Arsenault, LIFE Offering Update; Disclosure Corrections

Canadian Gold Resources Ltd. (TSXV: CAN) ("Canadian Gold" or the "Company") provides an operational update regarding its maiden diamond drill program and the planned 5,000-tonne bulk sampling program at the 100%-owned Lac Arsenault Project in Québec's Gaspé Peninsula, as well as recent changes... Keep Reading...
Wooden blocks spelling "value added tax."

China’s Gold Market Enters Turbulent Transition as New VAT Rules Take Effect

China’s gold industry is entering a period of rapid adjustment after Beijing implemented a major overhaul of value-added tax (VAT) rules on physical gold. The reform, which took effect on the first of November run through December 31, 2027, ending the long-standing practice of allowing full tax... Keep Reading...
Equity Metals

Equity Metals Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News