- Equity Metals (TSXV:EQTY) has restarted drilling at its Silver Queen project in British Columbia
- This is the second stage of drilling on the property this year
- Drilling will focus on the delineation of two new targets located to the northeast of the 2022 updated Mineral Resource estimate done on the property
- Shares of Equity Metals (V.EQTY) are unchanged at C$0.12
Equity Metals (V.EQTY) has restarted drilling at its 100 per cent owned Silver Queen project in British Columbia.
The company stated this is the second stage of drilling that is being done on the property in 2023.
Roughly 4,000 metres of drilling is planned for the Cole and George Lake vein systems.
Drilling will focus on the initial delineation of two new targets located to the northeast of the 2022 mineral resource estimate done on the property.
“The Summer 2023 program marks our expansion to test two high-priority targets that have encouraging drill intercepts from historic drilling. George Lake mineralization could be particularly significant as historic underground access exists, potentially providing a source of increased mill feed,” Joe Kizis, president of Equity Metals, said in a statement.
The Phase 2 program follows the spring 2023 drilling program that extended veins along strike and at depth in the Camp Deposit.
Nine holes for a total of 4,038 metres were drilled with assays from two of the holes currently reported. Additional results from the remaining holes will be released shortly.
The Silver Queen Property includes 45 mineral claims, 17 crown grants and two surface crown grants spanning 18,852 hectares.
The property is located in British Columbia’s Omineca Mining Division and hosts high-grade precious and base metal veins.
Equity Metals also holds a controlling joint venture interest (57.49 per cent) in the Mount Diamond project in the Northwest Territories.
Shares of Equity Metals (V.EQTY) are unchanged at C$0.12.
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