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Equity Reports Final Drill Results from the Cole Lake Target, Including 2.5 metres (est TT) of 220g/t AgEq in Hole SQ23-099 and 2.6 metres (est TT) of 223g/t AgEq in Hole SQ23-103, Silver Queen Project, BC

Vancouver, British Columbia--(Newsfile Corp. - January 15, 2024) - Equity Metals Corporation (TS...

articleEquity Metals CorporationJanuary 15, 20245/company/equity-metals-corp/news/equity-reports-final-drill-results-from-the-cole-lake-target-including-25-metres-est-tt-of-220gt-ageq-in-hole-sq23-099-and-26-metres-est-tt-of-223gt-ageq-in-hole-sq23-103-silver-queen-project-bc
Equity Reports Final Drill Results from the Cole Lake Target, Including 2.5 metres (est TT) of 220g/t AgEq in Hole SQ23-099 and 2.6 metres (est TT) of 223g/t AgEq in Hole SQ23-103, Silver Queen Project, BC

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[{"type":"text","content":"Equity Reports Final Drill Results from the Cole Lake Target, Including 2.5 metres (est TT) of 220g/t AgEq in Hole SQ23-099 and 2.6 metres (est TT) of 223g/t AgEq in Hole SQ23-103, Silver Queen Project, BCVancouver, British Columbia--(Newsfile Corp. - January 15, 2024) - Equity Metals Corporation (TSXV: EQTY) (\"Equity\") reports assays from the final six holes on the Cole Lake target and a single hole from the Camp Target, which were completed as part of the Company's Autumn 2023 core drilling program on its 100% owned Silver Queen Au-Ag project, British Columbia.Assay results from the Cole Lake drilling returned multiple intercepts of strongly enriched precious and base metals, including:A 0.3 metre (est. TT) interval grading 0.9/t Au, 102g/t Ag, 0.2% Cu, 0.7% Pb and 17.5% Zn (11.3g/t AuEq or 921g/t AgEq) within a 2.5 metre (est. TT) interval averaging 0.3g/t Au, 50g/t Ag, 0.1% Cu, 0.5% Pb and 3.2% Zn (2.7g/t AuEq or 220/t AgEq) from the Cole Vein in drillhole SQ23-099;A 0.6 metre (est TT) interval grading 0.9g/t Au, 51g/t Ag, 0.3% Cu, 0.5% Pb and 8.5% Zn (6.3 AuEq or 514g/t AgEq) from the Cole Vein in drillhole SQ23-100; andA 1.0 metre (est. TT) interval averaging 1.1g/t Au, 177g/t Ag, 1.1% Cu, 0.5% Pb and 1.2% Zn (5.6g/t AuEq or 454g/t AgEq) within a 2.6 metre (est. TT) interval averaging 0.5g/t Au, 80g/t Ag, 0.7% Cu, 0.2% Pb and 0.5% Zn (2.7g/t AuEq or 223g/t AgEq) from a footwall vein of the Cole Vein in drillhole SQ23-103.These highlights are from the final six of nine core holes that tested the Cole Lake Vein system (Figure 1). Drilling included a second vertical fan of three holes that tested the NW-SE-trending Cole Vein approximately 200 metres to the southeast of Equity's earlier reported drilling on the target (see NR-18-23; dated December 13, 2023) and two holes that tested the NNW-SSE-trending Cole Shear. A sixth hole tested a 50m step-out to the northwest of Equity's earlier drilling on the Cole Vein (Figure 2).Drilling successfully intersected the Cole Vein in all of the four holes that targeted the Vein, as well as intersecting multiple shallow hangingwall veins that are up to 5 metres wide (est. TT) and clusters of footwall veins distributed over 40-metre intervals in drillholes SQ23-100 and -103. The Cole Vein is now traced in both current and historical drilling for over 400 metres laterally, and historically...

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