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...
Closeup of detailed map highlighting Finland in pink, surrounded by Sweden, Norway and Estonia in different colors.

Agnico Eagle Plans Three Way Consolidation to Forge Massive Finnish Gold Hub

Agnico Eagle Mines (TSX:AEM,NYSE:AEM) is rolling up Northern Finland’s gold belt in a sweep of three deals, simultaneously acquiring Rupert Resources (TSXV:RUP,OTCQX:RUPRF), Aurion Resources (TSXV:AU,OTCQX:AIRRF) and a B2Gold (TSX:BTO,NYSEAMERICAN:BTG) joint venture stake.The interconnected... Keep Reading...
Gold bar stands over a background of green and silver circuit boards.

Has Gold Production Peaked?

Gold has soared in recent years, climbing from around US$1,300 per ounce in 2016 to over US$5,500 in 2026.Its impressive price rise is due to a wide variety factors, including central banks adding to their reserves because of gold's appeal as a monetary asset, and retail investors seeking its... Keep Reading...
Equity Metals

Equity Metals Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Interactive Chart

Latest Press Releases

Related News