Equity Metals Unveils High-Grade Silver Intercepts at Silver Queen Property

Equity Metals Corporation (TSX.V: EQTY) has recently reported impressive drill results from its ongoing Fall drill program at the Silver Queen Property in British Columbia. The company announced high-grade silver intercepts, including 431g/t AgEq over 7.6 metres and 710g/t AgEq over 3.3 metres, further enhancing the project's potential and attracting investor attention.

The Silver Queen Property, located in the Omineca Mining Division, has a rich history of exploration and development. With over 100 years of exploration and development, the property hosts high-grade precious and base-metal veins related to a buried porphyry system. Equity Metals' recent drill results demonstrate the property's high-grade potential and support the company's exploration efforts.

Equity Metals' drill results, including 431g/t AgEq over 7.6m and 710g/t AgEq over 3.3m, highlight the property's high-grade potential. Historical grades on the Silver Queen Property, such as 1,008g/t AgEq over 0.5m and 895g/t AgEq over 0.6m from the Summer 2024 drill program, indicate consistent high-grade mineralization. These intercepts suggest that the property's grade profile remains robust, supporting the company's exploration efforts and resource expansion plans.



The potential tonnage and value of these high-grade zones are significant. Assuming an average grade of 431g/t AgEq for the 7.6-metre interval, the contained silver equivalent (AgEq) would be approximately 3,267 ounces. For the 3.3-metre interval with an average grade of 710g/t AgEq, the contained AgEq would be around 2,353 ounces. Using a bulk density of 2.8 t/m³, the tonnage for the 7.6-metre interval would be 21.28 t, and for the 3.3-metre interval, it would be 9.24 t. Assuming a silver price of $20/oz, the value for the 7.6-metre interval would be $65,340, and for the 3.3-metre interval, it would be $47,060.



These high-grade zones contribute significantly to the overall resource estimate, as they demonstrate the potential for high-value mineralization within the Silver Queen Property. As Equity Metals continues to explore and develop the property, these zones could play a crucial role in expanding the resource base and enhancing the project's economic viability.

The recent drill results from Equity Metals' Silver Queen Property in BC significantly enhance the project's potential. These high-grade intercepts, along with previous results, suggest a vein system with consistent mineralization, which could favor underground mining methods. The narrow veins and high grades indicate potential for a high-grade, low-tonnage operation, with lower stripping ratios and potentially lower capital expenditure. The strong silver and base metal content also positions the project well in the current commodity market, with silver prices at multi-year highs. These factors combined could lead to attractive mining economics, with potential for a high internal rate of return and short payback period.

In conclusion, Equity Metals' recent drill results from the Silver Queen Property in BC have revealed high-grade zones with assays of 431g/t AgEq over 7.6 metres and 710g/t AgEq over 3.3 metres. These intercepts demonstrate the property's high-grade potential and contribute significantly to the overall resource estimate. As the company continues to explore and develop the property, these zones could play a crucial role in expanding the resource base and enhancing the project's economic viability. The positive results from the Fall drill program further support the company's exploration efforts and resource expansion plans, positioning Equity Metals as a promising player in the mining sector.