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Equity Drilling Extends High-Grade Mineralization at Camp and Sveinson Targets, Silver Queen Au-Ag Project, BC; Updated Mineral Resource Estimate, Early Q4/22
Vancouver, British Columbia--(Newsfile Corp. - September 8, 2022) - Equity Metals Corporation...
About this update from Equity Metals Corporation
[{"type":"text","content":"Equity Drilling Extends High-Grade Mineralization at Camp and Sveinson Targets, Silver Queen Au-Ag Project, BC; Updated Mineral Resource Estimate, Early Q4/22Vancouver, British Columbia--(Newsfile Corp. - September 8, 2022) - Equity Metals Corporation (TSXV: EQTY) (\"Equity\") reports high-grade gold-silver intercepts in a step-out drill hole that extends mineralization at the Camp Vein target along strike to the west and remains open ended in that direction. This, and two drill holes which tested a portion of the Sveinson target, were completed as part of a limited 1,500-metre drill program in June 2022 at the Company's 100% owned Silver Queen project in northwestern British Columbia.Drillhole SQ22-078 is a 50-metre step-out of the Camp Vein target and intersected three main clusters of veins, two which returned highlight intercepts including: a 1.3 metre interval grading 9.3g/t Au, 1,998g/t Ag, 0.17% Cu, 2.2% Pb and 6.8% Zn (41.8g/t AuEq or 3,136g/t AgEq) within a 7.5 metre interval averaging 1.8g/t Au, 539g/t Ag, 0.5% Pb and 1.8% Zn (10.4g/t AuEq or 778g/t AgEq); and a 0.4 metre interval grading 0.2g/t Au, 2,313g/t Ag, 1.2% Pb and 1.0% Zn (32.2g/t AuEq or 2,411g/t AgEq) within a 6.8 metre interval averaging 156g/t Ag, 0.1% Pb and 0.1% Zn (2.2g/t AuEq or 166g/t AgEq). Two additional holes tested the full 200-metre width of the Sveinson target near the transition to the Camp target. Multiple veins were intersected including: a 0.4 metre interval grading 653g/t Ag, 1.3g/t Au, 7.3% Cu, 0.1% Pb and 0.4% Zn (19.5g/t AuEq or 1,462g/t AgEq) within a 1.6 metre interval averaging 232g/t Ag, 0.8g/t Au, 3.3% Cu, 0.1% Pb and 0.4% Zn (8.7g/t AuEq or 649g/t AgEq) from drillhole SQ22-076.Several other intercepts, although narrow, continue to confirm the continuity, and in some cases depth projection, of at least three different vein sets that project through the Sveinson target (see Figure 2). VP Exploration Rob Macdonald commented, \"The identification of such strong gold-enrichment in the Camp Vein target, which has traditionally returned higher silver values relative to gold, is a significant milestone. Not only are the projections of three separate veins open to the west and at depth, but the added gold-enrichment further enhances the overall exploration potential of these vein extensions for future drill testing. This is noteworthy as n...