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Tag: Equity Metals Corp.

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Equity Metals Corp. (TSXV:EQTY) – Winter ’22 Drilling Continues to Demonstrate Continuity

Equity Metals (EQTY) reported drill results from the first three holes of the Winter ‘22 drill program, which tested both the Camp/Sveinson and NG-3 vein systems, at its flagship Silver Queen project in British Columbia. This program consisted of 13 core holes totaling 4,382m, including six holes (2,431m) at the NG-3 target and seven holes (1,931m) on the Camp and Sveinson targets. In our view, these holes continue to demonstrate continuity within the Sveinson area, following up on strong results from the fall 2021 campaign. This underexplored area appears to be connected to the Ag-rich Camp vein, which had been the main focus of previous drilling, and the more Au-rich No. 3 vein, which was the focus of historic work and the 2019 resource. Moving forward, we believe that the continuity of high-grade veins at Sveinson bodes well for expanded resource potential of the project.

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Red Cloud | redcloudfs.com

Red Cloud’s 2022 Very Pre-PDAC Mining Showcase – Day Three Recap

Last Friday, Red Cloud hosted the third and final day of its Very Pre-PDAC Mining Showcase, which featured 39 presenting companies including a keynote speech by Joe Mazumdar, Editor/Analyst and Publisher of Exploration Insights and had over 1,750 participants registered in advance of the event. With this note, we want to provide a quick recap of the highlights from the conference for those who were unable to attend the live event. Replays are available on the Red Cloud website.

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Red Cloud | redcloudfs.com

Equity Metals Corp. (TSXV:EQTY) – Drilling Starts to Delineate Multiple Veins at Sveinson

Equity Metals (EQTY) reported additional results from the fall 2021 drill program at its 18,852 ha, flagship Silver Queen project in British Columbia. The results are from the first six of the twelve holes drilled at the eastern half of the 1km long Sveinson target. The assays returned high grades of up to 711 g/t AgEq over 1.6m, helping identify several new shallow veins that appear to represent the western continuation of mineralization from the No. 3 vein (Figure 1). We believe these results are important because the high grades intersected at Sveinson lie entirely outside of the resource on the project. The drilling is demonstrating continuity of high-grade mineralization in this corridor, which has seen only limited past drilling, and this bodes well for resource expansion.

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Red Cloud | redcloudfs.com

Equity Metals Corp. (TSXV:EQTY) – More High-Grade Intercepts; Camp Vein MRE Expected in Q2/22

Equity Metals (EQTY) reported additional high-grade assays from drilling on the eastern end of the Camp Vein target at its 18,852 ha, flagship Silver Queen project in British Columbia. Silver Queen has good infrastructure access, >9,000m of historical underground mine development, and is located in a mining-friendly region, surrounded by various other advanced exploration and mining projects, including those owned by Newmont (NYSE:NEM, Not Rated) and Imperial Metals (TSX:III, Not Rated). These strong results continue to demonstrate the grade potential and continuity at Camp Vein, while also encountering a previously unknown zone of high-grade, near-surface mineralization. We believe that further assays remain a catalyst in the near term, with assays pending for 13 holes completed during November-December 2021.

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Red Cloud | redcloudfs.com

Equity Metals Corp. (TSXV:EQTY) – High-Grade Assay Results from Camp Vein; Maiden Resource in Sight

Equity Metals (EQTY) reported additional assays from six holes of its September 2021 drill program focused on the 125m-long central portion of the Camp Vein target at its 18,852 ha, flagship Silver Queen project in British Columbia. All six holes encountered high-grade intervals, which successfully extended the Camp Vein target and confirmed the continuity of mineralization along strike and down-dip. We believe the encouraging results continue to demonstrate the high-grade potential of the project. While the results were not a surprise, given that these holes targeted the heart of the known vein system, it should help contribute to the initial resource for Camp Vein, expected in Q2/22.

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Red Cloud | redcloudfs.com

Equity Metals Corp. (TSXV:EQTY) – Three More High-grade Intercepts; More to Test at Silver Queen

Equity Metals (EQTY) reported additional assays from three holes of its September 2021 drill program at the Camp Vein target at its 18,852 ha, flagship Silver Queen project in British Columbia. Silver Queen has good infrastructure access, >9,000m of historical underground mine development, and is located in a mining-friendly region, surrounded by various other advanced exploration and mining projects, including those owned by Newmont (NYSE:NEM, Not Rated) and Imperial Metals (TSX:III, Not Rated). These results continue to demonstrate the high-grade potential of the project. We believe that drilling is likely to remain a catalyst for Equity’s shares in the near term, and assays remain pending for 16 additional holes from drilling completed in September.

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