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Equity Metals Intersects 4.9 metres of 625g/t Ag, 0.4g/t Au and 1.9% Zn (754g/t AgEq) Including 0.8m of 2,522g/t Ag, 0.2g/t Au and 2.1% Zn (2,667g/t AgEq) at the Camp Vein, Silver Queen Property, B.C.
Vancouver, British Columbia--(Newsfile Corp. - February 2, 2021) - Equity Metals Corporation ...
About this update from Equity Metals Corporation
[{"type":"text","content":"Equity Metals Intersects 4.9 metres of 625g/t Ag, 0.4g/t Au and 1.9% Zn (754g/t AgEq) Including 0.8m of 2,522g/t Ag, 0.2g/t Au and 2.1% Zn (2,667g/t AgEq) at the Camp Vein, Silver Queen Property, B.C.Vancouver, British Columbia--(Newsfile Corp. - February 2, 2021) - Equity Metals Corporation (TSXV: EQTY) (\"Equity\") reports today final assays from its 2020 Phase I drill program on the Silver Queen Property, BC, which identified bonanza-grade silver mineralization at the Camp Vein and high-grade gold mineralization at the No. 3 Vein. Assay results from Phase II drilling, completed in December 2020 as a follow up to a successful Phase I exploration program at the Camp Vein as well as an initial drill test of the nearby No 5 Vein, are still pending with receipt anticipated over the coming four to six weeks. Crews have started mobilization to the property in preparation for a Phase III, 4,000 metre drill program, which will step out from high-grade, gold-enriched mineralization in the No. 3 and NG-3 veins. Drilling will commence in the coming days. Camp Vein Drilling continues to verify and extend bonanza-grade silver mineralization at the Camp Vein. Assay results from drill hole SQ20-009 include: a 0.8 metre down-hole interval averaging 2,522g/t Ag, 0.2g/t Au and 2.1% Zn (2,667g/t AgEq or 35.6g/t AuEq) within a 4.9 metre interval averaging 625g/t Ag, 0.4g/t Au and 1.9% Zn (754g/t AgEq or 10g/t AuEq); and a 0.8 metre down-hole interval averaging 864g/t Ag, 0.3g/t Au and 1.6% Zn (977g/t AgEq or 13g/t AuEq) within a 2.1 metre interval averaging 348g/t Ag, 0.3g/t Au and 1.2% Zn (434g/t AgEq or 5.8g/t AuEq). Drill hole SQ20-009 tested the Camp Vein approximately 16m to the southeast of the earlier reported drill hole SQ20-003 (11.1m of 356g/t Ag, 0.4g/t Au, 1%Pb and 2.3% Zn or 522g/t AgEq) and approximately 60 metres up-dip from bonanza-grade silver mineralization in drill hole SQ20-010 (4.4m averaging 4,632g/t Ag and 0.2g/t Au, 0.4% Pb and 1.2% Zn). All three holes returned shallow mineralization, within 80 metres of surface, and help to confirm historical drill results from the Camp Vein target. Assay results from eight core holes drilled during Phase II work on the Camp Vein and No. 5 Vein are pending. These holes tested the immediate area down-dip of the bonanza-grade mineralization identified in drill hole SQ20-010 on the northwes...