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Equity Extends the NG-3 Vein to over 300 Metres Strike-Length; Intersects 3.7m Averaging 4.9g/t Au, 75g/t Ag (6.3g/t AuEq) at Silver Queen Project, BC
Vancouver, British Columbia--(Newsfile Corp. - April 28, 2022) - Equity Metals Corporation (T...
About this update from Equity Metals Corporation
[{"type":"text","content":"Equity Extends the NG-3 Vein to over 300 Metres Strike-Length; Intersects 3.7m Averaging 4.9g/t Au, 75g/t Ag (6.3g/t AuEq) at Silver Queen Project, BCVancouver, British Columbia--(Newsfile Corp. - April 28, 2022) - Equity Metals Corporation (TSXV: EQTY) (\"Equity\") reports several intersections of high-grade gold and silver from six holes which tested the NG-3 target area on the Silver Queen property, BC. Equity's drilling has now confirmed the extension of the NG-3 Vein to over 300 metres of strike and to depths of up to 240 metres below surface. The holes have established internal continuity between historic intercepts drilled by previous management and earlier drilling by Equity, and mineralization remains open along strike and dip.Drilling Highlights:a 1.5 metre interval grading 11.7g/t Au, 167g/t Ag, 0.4% Cu, 0.1% Pb and 0.2% Zn (14.5g/t AuEq or 1,089g/t AgEq) within a 3.7 metre interval averaging 4.9g/t Au, 75g/t Ag, 0.2% Cu, 0.1% Pb and 0.3% Zn (6.3g/t AuEq or 472g/t AgEq) from drill hole SQ22-067; anda 0.3 metre interval grading 14.2g/t Au, 82g/t Ag, 0.2% Cu, 0.3% Pb and 0.2% Zn (15.8g/t AuEq or 1,185g/t AgEq) within a 1.2 metre interval averaging 3.7g/t Au, 31g/t Ag, 0.1% Cu, 0.1% Pb and 0.1% Zn (4.3g/t AuEq or 322g/t AgEq) from drill hole SQ22-069.The NG-3 vein is the eastern segment of a 2.5 km-long east-west trending composite structure which includes the Camp Vein, Sveinson and parts of the No. 3 Vein targets (see Figure 1). Drilling on the property by Equity Metals over the last 18 months of exploration has confirmed multiple mineralized veins along the full strike-length of the host structural and tested some portions to depths of up to 400 metres below surface. Numerous targets within the structure zone remain to be extended laterally and to depth, which will form the basis of future exploration drilling on the property in 2022. Drilling on the eastern end of the NG-3 target also intersected 89.3m averaging 0.1% Au, 2.1g/t Ag, 0.2% Cu and 0.04% Mo in drill hole SQ22-071 starting at 389.8 metres down hole. The mineralized interval is characterized by increased quartz veining, strong sericite-alteration with elevated pyrite content and correlates with the transition into the previously identified Itsit Porphyry system. Vice-President of Exploration, Rob Macdonald, commented, \"Drilling continues to return high-gra...