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Equus Mining Ltd.
Summary
| Project: | Cerro Bayo | |
|---|---|---|
| Deposit: | Cerro Bayo | |
| Location: | Chile | |
| Commodities: | Gold-Silver | |
| Date: | 3/2/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 2-3-2020: Equus Mining Ltd. announces an Exploration/Drilling Update report for its Cerro Bayo deposit at the Cerro Bayo project. Drilling results incl. 3m @ 43.3g/t Ag, 0.08g/t Au, 1.72% Cu, 13.15% Pb, 9.9% Zn from 75.3m. Equus Mining Limited (‘Equus’ or | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Damien Koerber (Internal) | |
| ABSTRACT: | Equus Mining Limited (‘Equus’ or ‘Company’) (ASX: EQE) is pleased to report results from a recently completed Diamond Drilling Program at its Cerro Bayo Project, located in Chile (Region XI). Equus Mining Limited (‘Equus’ or ‘Company’) (ASX: EQE) is pleased to report results from a recently completed Diamond Drilling Program at its Cerro Bayo Project, located in Chile (Region XI). The Company's Flagship Cerro Bayo Project contains an existing 1,500 tpd processing plant through which historical production of 645Koz Gold and 45Moz Silver2 was achieved up until the mine´s temporary closure in mid 2017.The Cerro Bayo Project is located central to the approximate 350km2 of prospective Gold-Silver landholdings held by the company (Figure 1). A 7-hole reconnaissance diamond drill program totaling 1,908m was completed at the Brahman Prospect, targeting mineralised extensions to large-scale faults which host mineralisation at the Delia and Coyita mines, located within 1km to the northwest of the Frison Target. The holes were drilled to an average downhole depth of 272m. | |
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