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Equus Mining Ltd.

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Summary

Project:

Los Domos

Deposit:T7
Location:Chile
Commodities:Gold-Silver-Lead-Zinc
Date:8/6/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:6-8-2018: Equus Mining Ltd. announces an Exploration/Drilling Update report for its T7 deposit at the Los Domos project. JV - Drilling results incl. 20.90m @ 0.39g/t Au, 13g/t Ag, 0.37% Pb, 0.98% Zn, 0.86% Cu from 106.05m. Equus Mining Limited (‘Equus’) (
Resources:x
CP/QP:[Overall Report]: Damien Koerber (Internal)
ABSTRACT:Equus Mining Limited (‘Equus’) (ASX: EQE) is pleased to provide an update on the latest drill results from the T7 Target located at EQE’s Los Domos epithermal project. Results confirm and extend the defined zone of mineralisation at the T7 Target. These results together with previously reported drill results have defined significant continuous mineralisation over a strike length of 600m and an average true width of approximately 7m for the main intercepts. Importantly, the higher grade mineralised interval is contained within a 15-30m wide true width interval of strongly anomalous precious and base metal rich mineralisation. This indicates the potential for significant magnitude, particularly at depth and along strike of portions of the host structure, which remains untested. Several significantly mineralised, parallel structures were also intersected. The majority of drilling completed at the target, has been in the upper levels of the T7 structure predominately less than 100m depth below surface, with the deepest intercept to date recorded at approximately 250m below surface. Average weighted grade to date of the main intercepts in all T7 drill holes is 5.3g/t AuEq. See T7 Target long section in Figure 1 and intercept assay detail in Table 1.

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