Equity Metals Corporation reports mineral-exploration developments centered on its Silver Queen silver-gold project in northern British Columbia. Company updates commonly cover drilling, assay results, resource-model validation, metallurgical work and extensions of the No. 3 vein and related precious- and base-metal vein systems on the 100% owned property.
News also includes exploration activity at the Arlington Property in south-central British Columbia, the company’s controlling joint-venture interest in the Monument Diamond project in the Northwest Territories, and corporate matters such as annual meeting results, stock-option grants, advisory arrangements and participation in mining-industry events.
Equity Metals (TSXV: EQTY) has initiated its 2025 drilling program at the Silver Queen Property in British Columbia, completing 4 holes totaling 1,422 metres of a planned 18-hole, 6,000-metre program. The drilling follows successful 2024 results that extended the No. 3 Vein projection by 400 metres strike-length and to over 250 metres depth.
Notable 2024 drill results included intersections of up to 710g/t AgEq over 3.3 metres. The No. 3 Vein, representing 65% of current mineral resources, remains open both laterally and at depth. The company plans a Mineral Resource update in Q4/25.
Additionally, drilling continues at the Arlington property with 7 core holes totaling 2,651 metres completed of a nine-hole program.
Equity Metals Corporation (TSXV: EQTY) (OTCQB: EQMEF), a company focused on Silver/Gold exploration in Central British Columbia, has announced its participation in THE Mining Investment Event. The conference, recognized as Canada's only Tier 1 Global Mining Investment Conference, will be held from June 3-5, 2025, at the Quebec Convention Centre in Quebec City.
During the three-day event, Equity Metals' management team will be available for one-on-one meetings with investors. The conference aims to bring together industry leaders and innovators in the mining sector, providing a platform for global networking and discussion of future industry developments.
Equity Metals has launched its 2025 summer exploration program at the Arlington Gold Property in British Columbia. The fully funded program includes a DCIP geophysical survey, LIDAR survey, surface sampling, and a 3,000-metre core drilling initiative.
The program focuses on the Fresh Pots target, an 800x2000-metre gold anomaly extending north-northeast. Previous sampling yielded impressive results from 2,271 soil samples, with 75 samples showing >100ppb Au and eight samples exceeding 1g/t Au. The target area features a magnetic low and elevated K/Th radiometric signature, identified in a January 2025 survey.
Drilling is scheduled to begin in mid to late-May, targeting Au-Ag-As soil anomalies in the south Fresh Pots area. The company plans additional surface sampling and mapping across multiple targets, including newly staked claims. The exploration work is fully funded for 2025.
Equity Metals (EQMEF) held its annual general meeting on February 27, 2025, where shareholders re-elected five incumbent directors: Joseph A. Kizis Jr., Lawrence Page, Killian Ruby, Courtney Shearer, and John Kerr.
The company reappointed Davidson & Company LLP as auditor and approved a rolling incentive stock option plan reserving 10% of issued shares, pending TSX Venture Exchange acceptance.
Key officers were re-appointed, including Joseph A. Kizis Jr. as President, Lawrence Page as Chairman, Robert Macdonald as VP Exploration, Jay Oness as VP Corporate Development, Killian Ruby as CFO, and Arie Page as Corporate Secretary. Additionally, the company granted 5,150,000 stock options to directors, officers, and consultants at $0.17 per share, exercisable for five years.
Equity Metals (EQMEF) has reported promising results from its Q4 2024 surface sampling program at the Arlington gold property in British Columbia. The program expanded the southern Au-in-soil anomaly to 800m x 800m on the South Fresh Pots Target, with 33 of 217 soil samples yielding >100ppb Au and 3 samples exceeding 1g/t Au.
Notable discoveries include gold-bearing outcrop with exceptional grab samples of 41.8g/t Au and 7.9g/t Au, plus a continuous chip sample of 13.3g/t Au over two meters. A new polymetallic vein showing was also found, containing 0.126ppm Au, 21.63ppm Ag, 1.07% Pb, and 1.26% Zn.
The company has expanded its land position by staking three additional claims totaling 1,830ha, bringing the total Arlington property to 5,387ha. A comprehensive airborne magnetic/radiometric survey was completed, and a CDN$1.2 million exploration program is planned for Spring 2025, including Lidar Survey, ground IP geophysics, and a 3,000-metre drill campaign.
Equity Metals reports final 2024 assay results from drilling at its Silver Queen project in British Columbia. The company completed sixteen core holes totaling 5,952 metres on the No. 3 North Target, successfully extending mineralization along an additional 400 metres northwest of previously modelled areas.
Key highlights include intersections of 507g/t AgEq over 2.7 metres (including 1,089g/t AgEq over 0.6 metres), 386g/t AgEq over 3.6 metres (including 713g/t AgEq over 1.6 metres), and 1,609g/t AgEq over 0.7 metres.
The No. 3 vein was tested to over 250 metres below surface while the No. 2 Vein was tested to over 400 metres below surface. Both structures remain open laterally and to depth, with further testing planned for 2025. The company's exploration plans for 2025 are fully funded.
Equity Metals (TSXV: EQTY) has reported initial assay results from its Fall 2024 drill program at the Silver Queen Au-Ag project in British Columbia. The program completed 16 core holes totaling 5,952 metres on the No. 3 North Target. Key highlights include:
- 7.6 metre interval grading 431g/t AgEq (including 1.6 metre at 1,475g/t AgEq)
- 3.3 metre interval grading 710g/t AgEq (including 1.1 metre at 1,341g/t AgEq)
- 2.4 metre interval grading 473g/t AgEq
The results confirm mineralization beyond the northern end of the No. 3 Vein resource model, extending 100 metres below and 100 metres laterally. The No. 3 Vein represents the largest deposit on the property, accounting for 65% of current mineral resources.
Equity Metals (TSXV: EQTY) has received TSX Venture Exchange approval for its option agreement with Origen Resources to acquire a 100% interest in the Arlington Property, comprising nine claims totaling 3,583.89 ha in British Columbia's Boundary District.
The company has already paid $80,000 ($30,000 for drill permit bond reimbursement) and issued 944,686 shares valued at $200,000 to Origen. To complete the acquisition, Equity must pay an additional $50,000, issue 2 million shares, and spend $250,000 on exploration within one year. Origen will retain a 2% net smelter returns royalty, with Equity having the option to purchase 1% for $1 million.
Initial work plans include soil sampling, geological mapping, prospecting, and possible trenching, followed by drilling in 2025.
Equity Metals (TSXV: EQTY) has signed a letter agreement with Origen Resources to acquire a 100% interest in the Arlington Property, consisting of nine claims totaling 3,583.89 hectares in British Columbia's Boundary District. The acquisition terms include cash payments of $130,000, exploration expenditures of $250,000, and two share issuances valued at $200,000 each, all within one year of regulatory approval. Origen will retain a 2% net smelter returns royalty, with Equity having the option to purchase 1% for $1,000,000.