Equity Metals (EQTY.V) has released the final assay results from its Fall 2024 drill program at its flagship Silver Queen silver-gold project (although a case could be made the project is becoming increasingly interesting from a base metal perspective as well. The company released the assay results from the final eight holes earlier this month and the bullet points below clearly show the interesting base metal encounters with hole SQ24-141 returning 1.2% copper and 4% ZnPb while hole SQ24-140 returned lower copper values (0.1% copper) but higher Zinc and lead values with a combined 6.4% ZnPb.
The assay results confirm the grade and tenor of the mineralization beyond the northern end of the No 3 Vein resource model, and it extends the projections of the No3 and No2 veins for an additional 400 meters towards the northwest, as the No2 Vein was also encountered in several drill holes and was drill tested to a vertical depth of 400 meters while the No3 Vein was chased to a depth of approximately 250 meters. Both veins remain open at depth and along strike and should (and likely will be) followed up on as part of the 2025 drill program.
As the image above shows, the holes of the 2024 program were all drilled outside of the resource envelope and considering the mineralization continues, this bodes well for the resource expansion.
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