Equitas Resources Corp. Mobilizing for Drill Program at the Garland Property in Labrador, Canada

July 30th, 2015 – Equitas Resources Corp. (TSXv: EQT) (FSE: T6UN) (“Equitas” or the “Company”) is pleased to announce that crew and equipment mobilization for the Phase 2 exploration program at its 100% owned Garland nickel-copper-cobalt property in Labrador, Canada has commenced.

On May 13th, 2015 Equitas announced that the VTEM Plus airborne survey resulted in the identification of nine areas of conductivity prospective for nickel-copper sulphides; and that most of the responses are at the very limit of, or significantly deeper than detection limits of historic surveys. The overall nature of the targets suggests the potential for the discovery of buried Voisey’s Bay – style mineralization at the Garland Property.

The Company’s initial ground exploration program will include mapping and prospecting, up to 30 line-km of large loop EM survey, and up to 4000m of diamond drilling. Work permits have been approved and contractors for the camp, aircraft support, geophysics and diamond drilling have been confirmed. Personnel and building materials for the twenty person basecamp have been mobilized, and it is anticipated that evaluation of the nine areas of conductivity prospective for Voisey’s Bay-style mineralization will commence during the first week of August. The targets will be followed up with the large loop UTEM 3 geophysics.  Diamond drill-testing of the highest priority targets will follow.

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Category: News Story

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