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Equity Reports Bonanza-Grade Intercepts From Offset Drilling on the Camp Vein Silver Target, Silver Queen Project, BC
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2021) - Equity Metals Corporation (...
About this update from Equity Metals Corporation
[{"type":"text","content":"Equity Reports Bonanza-Grade Intercepts From Offset Drilling on the Camp Vein Silver Target, Silver Queen Project, BCVancouver, British Columbia--(Newsfile Corp. - October 7, 2021) - Equity Metals Corporation (TSXV: EQTY) (OTCQB: EQMEF) (\"Equity\") reports multiple Bonanza-grade Silver intercepts from the first three drill holes of renewed drilling on the Camp Vein target. The holes are part of Equity's Fall 2021 drill program on the Silver Queen Project, BC and intersected: a 1.4 metre interval grading 1,097g/t Ag, 0.1g/t Au, 0.2% Cu, 0.5% Pb and 2.2% Zn (1,218g/t AgEq or 16.2/t AuEq) from drill hole SQ21-032; a 0.8 metre interval grading 342g/t Ag, 1.1g/t Au, 5.4% Pb and 18.2% Zn (1,302g/t AgEq or 17.4g/t AuEq) within a 2.1 metre interval averaging 138g/t Ag, 0.6g/t Au, 2.3% Pb and 7.3% Zn (537g/t AgEq or 7.2g/t AuEq) from drill hole SQ21-033; and 0.4 metre interval grading 1,087g/t Ag, 0.3g/t Au, 0.1% Cu, 0.1% Pb and 4.6% Zn (1,307g/t AgEq or 17.4/t AuEq) within a 1.8 metre interval averaging 403g/t Ag, 0.1g/t Au, 0.1% Cu, and 1.4% Zn (468/t AgEq or 6.2g/t AuEq) from drill hole SQ21-034.These are initial drill results from the current 4500 metre program, which commenced in early September 2021 and which is now nearing completion. Seventeen holes and one re-entered and extended 2020 hole have been completed to date, totalling 4425 metres. A single hole, approximately 200m deep, remains to be drilled after which time the drilling crews will break for two weeks and return later in October.The three shallow holes reported here tested the northwest extent of the vein system, successfully intersecting two of the four distinct vein structures identified at the Camp vein target. These assays are select intercepts of only 25 rushed sample analyses and additional sampling has been completed on the holes with assays pending. Mineralization is open and untested to the west and projects both eastward and down-dip into previously identified vein intercepts.Drilling has defined four distinct veins as well as potentially additional hangingwall and footwall veins, confirming much of Equity's earlier modeling of the Camp Vein target. Logging and sampling of the newly completed holes continues, the results of which will be released over the coming weeks and months.VP Exploration Rob Macdonald commented, \"Equity's management is encouraged by t...