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Equity Metals Intersects 5.1 Metres of 4.4g/t Au, 54g/t Ag and 2.5% Zn (6.5g/t AuEq or 485g/t AgEq), Including 0.7m of 23.8g/t Au and 8g/t Ag, in the No. 3 Vein at the Silver Queen Property, B.C.
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2021) - Equity Metals Corporation ...
About this update from Equity Metals Corporation
[{"type":"text","content":"Equity Metals Intersects 5.1 Metres of 4.4g/t Au, 54g/t Ag and 2.5% Zn (6.5g/t AuEq or 485g/t AgEq), Including 0.7m of 23.8g/t Au and 8g/t Ag, in the No. 3 Vein at the Silver Queen Property, B.C.Vancouver, British Columbia--(Newsfile Corp. - January 20, 2021) - Equity Metals Corporation (TSXV: EQTY) (\"Equity\") reports today high-grade gold intercepts from two verification drill holes that tested the existing block model for the No. 3 Vein on the Silver Queen property, British Columbia. Intercepts include:a 0.7 metre down-hole interval (0.6m est. True Thickness) averaging 23.8g/t Au, 8g/t Ag and 0.5% Zn (24.2g/t AuEq or 1,814g/t AgEq) within a broader 5.1 metre interval (4.7m est. TT) averaging 4.4g/t Au, 54g/t Ag and 2.5% Zn (6.5g/t AuEq or 485g/t AgEq) from drill hole SQ20-005; a 0.6m down-hole interval (0.6m est TT) grading 13.3g/t Au, 800g/t Ag, 4% Pb and 11.4% Zn (9.6g/t AuEq or 719g/t AgEq) within a broader 2.8m down-hole interval (2.6m est TT) averaging 3.3g/t Au, 177g/t Ag, 0.9% Pb and 2.7% Zn (7.4g/t AuEq or 556g/t AgEq) from drill hole SQ20-006 that occurs in the hangingwall of the No. 3 Vein; and a 0.6 metre down-hole interval (0.5m est TT) grading 12.9g/t Au, 352g/t Ag and 2.4% Zn (19.2g/t AuEq or 1439g/t AgEq) within a broader 3.9 metre interval (3.6m est TT) averaging 2.8g/t Au, 121g/t Ag and 3.4% Zn (6.8g/t AuEq or 514g/t AgEq) from drill hole SQ20-006.Drill holes SQ20-005 and SQ20-006 are verification holes designed to test both the continuity and grade of mineralization within the existing block model that was used to establish the NI43-101 Mineral Resource Estimate on the Property (see news release NR-07-19, dated July 19, 2019). The higher-grade intercept in drill hole SQ20-005 is consistent with the expected thickness and grade predicted by the block model and forms part of a broader 14.8 metre alteration zone of anomalous gold-silver-zinc averaging 2.5g/t AuEq. The mineralization in drill hole SQ20-006 is higher grade than that predicted by the block model, confirms continuity of the current resource, and verifies a higher-grade hangingwall zone than was predicted by the model. The lower zone terminates in a fault and anomalous gold-silver values were identified in the footwall.Assay results from a third hole, SQ20-004, which tested the No. 3 Vein 150 metres down-dip of the known mineral resource and on the...