Equity Metals Expands Gold-in-Soil Anomaly with Assays up to 41.8g/t Au in Grab Samples from the Arlington Gold Property, British Columbia
Equity Metals Expands Gold-in-Soil Anomaly
with Assays up to 41.8g/t Au in Grab Samples
from the Arlington Gold Property, British
Columbia
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2025) -
Equity Metals Corporation
(TSXV: EQTY) (OTCQB: EQMEF) (FSE: EGSD) ("Equity" or the "Company")
reports on surface
sampling results from Q4 2024 work on the Arlington project, located in the Greenwood Mining district,
southern British Columbia. The 2024 sampling was part of the Company's validation work on the
property initiated soon after acquisition in November 2024.
The work was performed over a seven-day period and consisted of infill soil sampling, prospecting and
hand-trenching. A total of
217
soil samples and
22
rock samples were collected. The program was
highly successful, both in enlarging the previously-outlined southern Au-in-soil anomaly to 800m x 800m
on the South Fresh Pots Target (See Figure 1) and in providing further internal definition to some of the
better clusters of higher gold values from earlier (pre-2024) sampling. Of significance
33
of the
217
soil
samples returned values
>100ppb Au
and
3
returned values
>1g/t Au
. Similarly,
48
of the
217
samples
returned
>0.5g/t Ag
and
8
returned
>1g/t Ag
.
Gold-bearing outcrop was discovered beneath shallow soil cover on a small portion of the gold-in-soil
anomaly in a two-meter hand-dug trench, which returned
41.8g/t Au
and
7.9g/t Au
in grab samples and
13.3g/t Au
over two meters from a continuous chip sample. In addition, a new polymetallic vein showing
was discovered to the north associated with a massive metre-scale marble lens that assayed
0.126ppm
Au
,
21.63ppm Ag
,
1.07% Pb
, and
1.26% Zn
.
Claim Staking
The Company reports that it has increased its land position at the Arlington property. An additional three
claims totalling 1,830ha were staked in late January. The Arlington property now consist of 12 claims
totaling 5,387ha.
Airborne Geophysical Survey
The Company reports that it has also completed an airborne magnetic/radiometric survey over the
Arlington gold-silver project. The 1,193 line-kilometre survey was flown at a 50-metre line-spacing by
Precision Geosurveys Inc. over a 3-day period in late January, covering the entire 5,387ha Arlington
property.
The survey shows good correlation between certain magnetic/radiometric signatures and several known
geological features (lithological and structural) previously recognized on the property. The magnetic data
is currently being inverted and will then be incorporated into the larger Arlington database for further
interpretation and targeting assessment.
VP Exploration Rob Macdonald commented,
"This work on the Arlington property is part of a larger
exploration program to be continued in Spring '25 which will include a Lidar Survey, ground IP
geophysics, surface mapping and sampling, which will be followed by a 3,000-metre drill campaign
initially targeting the South Fresh Pots gold anomaly. This work is budgeted at CDN$1.2 million. It is
fully funded and is scheduled to start in mid-April."
Figure 1: Gold and Silver assay results from rock and soil sampling 2015 to 2024 on the Fresh
Pots target, Arlington property. Note the brighter colours represent gold and silver assays
results from the 2024 sampling while the paler colours represent pre-2024 sample results.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5566/242384_ed9768644409ab34_002full.jpg
About Equity Metals Corporation
Equity Metals Corporation is a member of the Malaspina-Manex Group. The Company owns 100%
interest, with no underlying royalty, in the
Silver Queen project,
located along the Skeena Arch in the
Omineca Mining Division, British Columbia. The property hosts high-grade, precious- and base-metal
veins related to a buried porphyry system, which has been only partially delineated. The Company also
has a controlling JV interest (57.49%) in the
Monument Diamond project
,
NWT
, strategically located
in the Lac De Gras district within 40 km of both the Ekati and Diavik diamond mines. As well, the
Company has an option to acquire a 100% interest in the
Arlington Property
, located within the
Boundary District of south-central British Columbia.
Robert Macdonald, MSc. P.Geo, is VP Exploration of Equity Metals Corporation and a Qualified Person
as defined by National Instrument 43-101. He is responsible for the supervision of the exploration on the
Arlington and Silver Queen projects and for the preparation of the technical information in this disclosure.
On behalf of the Board of Directors
"Joseph Anthony Kizis, Jr."
Joseph Anthony Kizis, Jr., P.Geo
President, Director, Equity Metals Corporation
For further information, visit the website at
https://www.equitymetalscorporation.com
; or contact us at
604.641.2759 or by email at
.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release. This news release contains forward-looking statements including statements regarding the
exercise of the option to acquire a 100% interest in the Arlington Property, Exchange acceptance of
the Arlington Agreement, and future exploration plans and expenditures on the Arlington Project.
Forward-looking statements address future events and conditions and therefore involve inherent risks
and uncertainties. Actual results may differ materially from those currently anticipated in such
statements. Factors that could cause actual results to differ materially from those in forward looking
statements include the timing and receipt of government and regulatory approvals, and continued
availability of capital and financing and general economic, market or business conditions.
Equity
Metals Corporation does not assume any obligation to update or revise its forward-looking
statements, whether as a result of new information, future events or otherwise, except to the extent
required by applicable law.
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