Equus Mining Limited
ASX Code
EQE
Sector
Materials
Investor Centre
https://www.equusmining.com/asx-announcements/
Website
https://www.equusmining.com/
About
Equus Mining (ASX:EQU) is a Sydney-based precious metals exploration Company with a focus on the Cerro Bayo Mine District, located in Southern Chile. With 350km2 of prospective Gold-Silver landholdings, the Company’s Flagship Cerro Bayo Project contains a 500 ktpa existing Gold-Silver processing plant, tailings storage facility and power generation, and most of the stationary and mobile equipment required for eventual mine restart. Equus has a dual-track development strategy comprising continued advancement of Greenfields exploration in parallel with re-evaluating existing brownfields resource potential within close proximity to the Cerro Bayo processing plant. The Company is undertaking a resource evaluation on gold-silver mineralization beneath the historic Taitao Pit and aggressively advancing brownfields and greenfields exploration on high-priority targets, with standout maiden drill results to date including 3.81m at 20.4 g/t gold and 55.5 g/t silver at its Droughtmaster Prospect. A mine restart study is scheduled for completion during Q1/2021.