Equinox Exploration Submits Drill Program for Approval
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/29/12 -- Equinox Exploration Corp. ("Equinox") (TSX VENTURE: EQX) is pleased to announce that the North Star drill program, consisting of 16 permitted sites, has been submitted for approval. In addition, the required reclamation bond has been posted with the Bureau of Land Management.
The drill program will assist Equinox in determining the vertical and lateral extent of mineralized zones. All data from the program will be used to prepare a NI 43-101 report.
The drill program will consist of both reverse circulation and core drilling. Core drill locations will be based on reverse circulation results and geophysical work that is currently underway.
Equinox Exploration Director Roy Fuller comments: "The drill program is an essential part of our development strategy. It will help delineate North Star's potential and provide us with the insight needed to pursue the most appropriate course of action moving forward."
About Equinox Exploration Inc.
Equinox Exploration is a publicly traded corporation engaged in the exploration and development of copper properties with its major focus on copper deposits in the Southwest United States. Equinox has acquired a strategic position within one of the world's most prolific copper belts with the acquisition of the Arizona North Star project.
Stephen B. Butrenchuk, P. Geo, P.Geol., Director of Equinox, is the Qualified Person as defined in National Instrument 43-101, who has reviewed and approved the technical content of this news release.
On behalf of the Board of Directors,
Roy Fuller, Director
Forward-Looking Statement
This news release includes certain statements that may be deemed "forward-looking statements". Forward-looking information includes, but is not limited to: statements with respect to the effect and estimated timeline of the drilling and assay results on the Company; the estimation of mineral reserves and mineral resources; the timing and amount of estimated future exploration; costs of exploration; capital expenditures; success of exploration activities; permitting time lines and permitting ; government regulation of mining operations; environmental risks; unanticipated reclamation expenses; and title disputes or claims. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". All statements in this release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include: unsuccessful exploration results; changes in metals prices; changes in the availability of funding for mineral exploration; unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on the Company and the risks and challenges of its business, investors should review the Company's annual filings that are available at .
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Equinox Exploration Corp.
Clive Mostert
780-920-7670
Equinox Exploration Corp.
Rick Cid
480-525-9200
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 29.03.2012 - 12:30 Uhr
Sprache: Deutsch
News-ID 129855
Anzahl Zeichen: 0
contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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"Equinox Exploration Submits Drill Program for Approval"
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