Equitas Resources Corp. (TSXv: EQT) - Executive Summary

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The DAY Copper Gold Porphyry Project's value proposition to the investment community is simple to communicate, and easy to understand. The Day property is in the right location and has an excellent starting point with historical grades that are ~3 times that of Kemess South Mine (5th largest mine in BC), and ~3 times that of the Mt. Milligan project (currently being .

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Equitas Resources Corp. (TSXv: EQT) - Executive Summary

  1. 1. QUICK MARKET FACTS (as of Oct 20, 2010) Current Price: $0.13 52 Week Range: $0.03 - $0.135 Shares Issued / Out: 30,059,822 Fully Diluted: 42,822,322 Market Capitalization: ~ $3,000,000 Insider Holdings: ~ 35% TRADING SYMBOLS TSX Venture Exchange: EQT Frankfurt Exchange: T6U1 BOARD OF DIRECTORS Jay Roberge Jody Dahrouge, B.Sc, P.Geo Chris Grove Steve Williams, BASc, MBA Steven Khan, B.Sc, MBA, CFA STRATEGIC PARTNERS Zimtu Capital Corp. Dahrouge Geological Vancouver, BC Edmonton, AB www.zimtu.com www.dahrouge.com TRANSFER AGENT Computor Share, Vancouver, BC AUDITORS Morgan & Company, Vancouver, BC LAW FIRM Clark Wilson LLP, Vancouver, BC CONTACT Equitas Resources Corp. Suite 1450 – 789 West Pender Vancouver, BC, V6C 1H2 t. 1 604 687-3113 f. 1 604 681-8240 Email: info@equitasresources.com This core asset will be the Company’s flagship project, and consists of ~7,100 hectares located to the northwest of Prince George, BC and 50 kms directly south of Northgate Minerals’ Kemess South Mine in the prolific “Toodoggone Region” of BC. The occurrence was discovered and previously drilled by Falconbridge Ltd (now Xtrata Plc.). Drilling in the early 1970s produced several significant intersections including 0.67% Copper and 0.84 g/t gold across 58.83 metres, and Hole 74-4 with 14.94 m of 0.61% copper and 1.92 g/t gold. Notable porphyry projects in the region include: Northgate Minerals Corp’s. (TSX:NGX) Kemess South and North Projects, Terrane Metals Corp’s (TSXv:TRX) Mount Milligan Project, and Serengeti Resources Inc’s (TSXv:SIR) Kwanika Project. The historical gold and copper grades that were encountered by Falconbridge are up to three times as high as the grades that are mined nearby and serve as an excellent starting point for further exploration. The Company will initiate a winter work program which will include geo- physics (may include Induced Polarization and or Aero-Magnetics) as well as additional detailed sampling, mapping and further historical data compilation. PROPERTY TONNES CU (%) AU (G/T) CATEGORY Kemess South 22.7 0.14 0.28 Proven Reserves Kemess North 719.2 0.15 0.30 Measured & indicated Mt. Milligan 482.4 0.20 0.39 Proven & probable Kwanika 182.6 0.29 0.28 Indicated DAY PROPERTY INTERVAL CU (%) AU (G/T) CATEGORY 58.83 m 0.67 0.84 Historical Drilling 14.94 m 0.61 1.92 Historical Drilling KEY INVESTMENT HIGHLIGHTS • Early stage of value creation through exploration, and development • Favorable location in close proximity to other major discoveries • Historical drill results indicating ~3X the grade of major projects in the area • Successful team for exploration, development, and discovery • Strong strategic partners and market support Certain exploration results referred to herein are historical in nature and were compiled before NI 43-101. Equitas has not independently analyzed the results of the previous exploration therefore the historical results should not be relied upon. Equitas believes these historical results provide an indication of the potential of the properties and are relevant to ongoing exploration. TSXV:EQT FSE:T6U1 equitas is in the early stages of the value creation process with the recent acquisition of the Day Copper-Gold Porphyry Project.
  2. 2. Prince George BRITISH COLUMBIA POWER LINE RAIL LINE ROAD U S A VICTORIA KELOWNA KAM LO OPS Y U K O N T E R R I T O R Y N . W . T . EDMONTON CALGARY PRINCE GEORGE A L B E R T A VERNON VANCOUVER NANAIMO BELLINGHAM REVELSTOKE 0 0 50 mi 100 mi 100 km 200 km SCALE DAY COPPER-GOLD PORPHYRY PROJECT TOODOGGONE, NORTH-CENTRAL BRITISH COLUMBIA KEMESS SOUTH (In Production) Proven Reserves 22.7 mt 0.14% Cu 0.28 g/t Au KWANIKA Indicated 182.6 mt 0.29% Cu 0.28 g/t Au MT. MILLIGAN (Mine Under Construction) Proven & Probable Reserves 482.4 mt 0.20% Cu 0.39 g/t Au DAY COPPER-GOLD PORPHYRY PROJECT DRILLING INTERSECTIONS DDH 92-1: 0.54% Cu, 0.704 gpt Au over 56.99m DDH 74-4: 0.61% Cu, 1.920 gpt Au over 14.94m DDH 74-1: 0.67% Cu, 0.864 gpt Au over 60m

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