Equitas Starts Drilling To Prove Up More Gold for Production
ZURICH, SWITZERLAND / ACCESSWIRE / May 26, 2016 / Today, Stephan Bogner from Rockstone Research published an update on Equitas Resources Corp. (TSX.V: EQT) as the company announced earlier today that 2 rigs started drilling 20 holes over 1,600 m (80 m each on average) on May 20 at the Baldo Zone of its 100% owned Cajueiro Project in the Mato Grosso and Para states of Brazil.
On May 11, 700 m of trenching commenced, targeting a 650 m strike length of a mineralized corridor at Baldo.
The company today informed that drilling and trenching is expected to be completed within a month. This exploration program represents the first phase of an extensive 2016 work schedule and is focused on defining additional gold resources in the near-surface saprolite oxide domain along a highly prospective mineralized structural corridor, in order to supply further information to support open-pit development.
The full report can be accessed with the following links:
English (PDF):
http://rockstone-research.com/images/PDF/Equitas11en.pdf
English (web version):
http://rockstone-research.com/index.php/en/research-reports/1106-Equitas-starts-drilling-to-prove-up-more-gold-for-production
German (PDF):
http://rockstone-research.com/images/PDF/Equitas11de.pdf
Disclaimer: Please read
the full disclaimer within the full research report as a PDF as fundamental risks
and conflicts of interest exist.
SOURCE: Rockstone Research
ReleaseID: 440456