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B.C. miner confirms more riches under the surface at Silver Queen

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Thu, Dec 21, 2023 06:10 PM

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This year has been a big year for silver. The precious metal has jumped 70 per cent in value in 2023

This year has been a big year for silver. The precious metal has jumped 70 per cent in value in 2023, leaving investors looking for well-performing miners in this space. [Open in your browser]( [Stockhouse.com]( [Investor Alert] [B.C. miner confirms more riches under the surface at Silver Queen] B.C. miner confirms more riches under the surface at Silver Queen --------------------------------------------------------------- [Visit the company website]( [Facebook]( [Twitter]( miner confirms more riches under the surface at Silver Queen) [LinkedIn]( [Email](mailto:?subject=B.C. miner confirms more riches under the surface at Silver Queen&body= Jon Brown | The Market Herald This year has been a big year for silver. The precious metal has jumped 70 per cent in value in 2023, leaving investors looking for well-performing miners in this space. [Equity Metals (TSXV:EQTY)]( is one such company that has been making waves in the industry with its recent performance and promising projects. With a focus on the Silver Queen Au-Ag Project in British Columbia, the company has been generating significant interest from investors and stakeholders. [SEE COMPANY PROFILE]( Plan of the Cole Lake and George Lake Target areas showing Spring – Autumn '23 drilling. | Source: Equity Metals Corp. Recently, Equity Metals Corp. announced the results of its initial three holes from the autumn 2023 core drilling program on the Cole Lake target. The assays from these holes have shown impressive results, highlighting the potential of the project. The company reported significant silver and gold mineralization, highlights including 3.6 metres of 333 g/t AgEq in Hole SQ23-094 and 3.0 metres of 394g/t AgEq in Hole SQ23-093. These findings indicate the presence of significant silver and gold mineralization at the George Lake target and confirm the presence of high-grade mineralization at the Silver Queen Au-Ag Project. It should be noted that the property is "burden free". Most exploration companies have royalty burdens from production from the property in the range of 2-3 %. These royalties have a significant effect on the economics of mining and production. In the case of the Silver Queen property, there are no royalty burdens so that every cent of revenue accrues to the bottom line, making the project more desirable from the perspective of a potential major company partner. Cross-section of the Cole Lake Target, looking northwest, showing both the main vein set and several hanging-wall veins. | Source: Equity Metals Corp. In a news release, the company's VP exploration, Rob Macdonald, commented that the initial drill results from the Cole Lake target confirm historical results from the mineralized zone. The results also highlight the further exploration potential, laterally and to depth of not only the Cole Vein itself, but also of several additional hanging-wall structures. "The Cole Lake target is the last of four target areas successfully tested in 2023 which continues to underscore the significant exploration potential of the overall property," he said. "Of note, neither the Cole Lake nor the George Lake zones were incorporated into our most recent resource update on the Silver Queen property and represent entirely new target areas for further expansion and resource delineation." Compared to the 2019 Mineral Resource Estimate, the 2022 update, at a C$100/t NSR cut-off, features: - Increase in Indicated Category by 187 per cent to 62.8Mozs AgEq or by 214 per cent to 765Kozs AuEq: 21.0Mozs Ag (more than 297 per cent), 237Kozs Au (more than 179 per cent), 18Mlbs Cu (more than 288 per cent), 48Mlbs Pb (more than 178 per cent) and 267Mlbs Zn (more than 134 per cent) - Increase in Inferred Category by 30 per cent to 22.5Mozs AgEq or by 41 per cent to 273Kozs AuEq: 10.3Mozs Ag (more than 117 per cent), 50Kozs Au (less than 21 per cent), 10Mlbs Cu (more than 79 per cent), 23Mlbs Pb (more than 45 per cent) and 84Mlbs Zn (less than 9 per cent) [INVESTOR UPDATES]( President Joe Kizis commented, "At the time we assumed management of the company in Q3 2019, we felt there were clear opportunities to quickly add significantly to the 2019 MRE at Silver Queen, and we are proud to report our success at a very low cost of $0.15/oz of added AgEq or $11/oz of added AuEq. The MRE remains open for additional delineation west of the Camp Target and within the Sveinson Target. In addition, there are several targets that have only been tested by a few drill holes and remain very attractive areas for new discoveries and MRE increase." In addition to the success at the Cole Lake target, Equity Metals Corp. also reported assays from the final four holes of its summer 2023 core drilling program on the Silver Queen Ag-Au Project's George Lake target. These results further underscore the potential of the project, with highlights including 1.4 metres of 502 g/t AgEq and 3.0 metres of 394g/t AgEq. These findings indicate the presence of significant silver and gold mineralization at the George Lake target, reinforcing the company's optimism for the project. | Source: Equity Metals Corp. Equity Metals' focus on silver mining aligns well with the current market trends. The demand for silver has been steadily increasing in recent years, driven by various factors such as industrial applications, technological advancements and investor interest. The metal's unique properties and its role as a safe-haven asset make it a valuable commodity. Investing in Equity Metals Corp. presents an opportunity to tap into the potential of the silver market. With impressive assay results from its core drilling programs, the company has demonstrated the presence of high-grade mineralization at its Silver Queen projects. These positive results bode well for future exploration and development activities, further enhancing the company's growth prospects. The company's stock is up more than 94 per cent in the past month. However, it is important to note that investing in mining companies can carry certain risks. Factors such as market volatility, commodity price fluctuations, regulatory challenges, and operational risks can impact the company's performance. Therefore, potential investors should conduct thorough due diligence and consider their risk tolerance before making any investment decisions. | Source: Equity Metals Corp. Looking at the big picture, Equity Metals Corp. has emerged as a strong player in the silver mining industry, supported by its recent performance and promising projects. Assays from the Silver Queen Au-Ag Project's Cole Lake target and the Silver Queen Ag-Au Project's George Lake target have revealed significant silver and gold mineralization, boosting the company's prospects. With the growing demand for silver in the market, investing in Equity Metals Corp. offers an opportunity to capitalize on the metal's potential. However, investors must carefully evaluate the inherent risks associated with the mining industry before making any investment decisions. For the latest updates, visit [equitymetalscorporation.com](. Join the discussion: Find out what everybody's saying about this stock on the [Equity Metals Stock Forum]( and check out the rest of [Stockhouse's stock forums and message boards](. [VIEW COMPANY WEBSITE]( This is sponsored content issued on behalf of Equity Metals Corp., please see full disclaimer [here](. The Information in a Stockhouse Publishing Ltd. Stockhouse Alert is a paid advertisement and is for the viewers information only. The corporate information is purely and solely the responsibility of Equity Metals Corp and it is neither commented upon, researched, or in any manner the responsibility of Stockhouse Publishing Ltd., whose only function is as a supplier of media facilities. Any information provided by the advertisers of Stockhouse Publishing Ltd., through its media services, is not to be construed as a recommendation or suggestion or offer to buy or sell securities but is provided purely as an informational media service. Stockhouse Publishing Ltd. makes no warranties or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the reader or their financial advisor. Investing in securities is speculative and carries risk. Persons who wish to buy or sell securities should only do so at their own risk and in consultation with their registered securities advisers. --------------------------------------------------------------- [stockhouse]( Stockhouse Publishing Ltd. 1130 – 1055 West Hastings Street | Vancouver | BC | V6E 2E9 | CA [Unsubscribe]( | [Manage Preferences]( [Facebook]( [Twitter]( [LinkedIn]( This email was sent to you by Stockhouse Publishing Ltd. because you consented to receive messages from us. You may manage your subscription preferences at any time. You may contact our email compliance officer at compliance@stockhouse.com

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