Equitas Resources Corp. (TSXv: EQT) Executive Summary


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Equitas Resources Corp. (TSXv: EQT) Executive Summary

  1. 1. 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.Certain exploration results referred to This core asset will be the Company’s flagship project, and consists ofherein are historical in nature and were ~7,100 hectares located to the northwest of Prince George, BC and 50 kmscompiled before NI 43-101. Equitas has directly south of Northgate Minerals’ Kemess South Mine in the prolificnot independently analyzed the results “Toodoggone Region” of BC.of the previous exploration thereforethe historical results should not be The occurrence was discovered and previously drilled by Falconbridge Ltdrelied upon. Equitas believes these (now Xtrata Plc.). Drilling in the early 1970s produced several significanthistorical results provide an indication intersections including 0.67% Copper and 0.84 g/t gold across 58.83 metres,of the potential of the properties andare relevant to ongoing exploration. and Hole 74-4 with 14.94 m of 0.61% copper and 1.92 g/t gold.QUICK MARKET FACTS (as of Oct 20, 2010) Notable porphyry projects in the region include: Northgate Minerals Corp’s.Current Price: $0.13 (TSX:NGX) Kemess South and North Projects, Terrane Metals Corp’s52 Week Range: $0.03 - $0.135 (TSXv:TRX) Mount Milligan Project, and Serengeti Resources Inc’s (TSXv:SIR)Shares Issued / Out: 30,059,822 Kwanika Project.Fully Diluted: 42,822,322Market Capitalization: ~ $3,000,000 The historical gold and copper grades that were encountered by FalconbridgeInsider Holdings: ~ 35% are up to three times as high as the grades that are mined nearby and serve as an excellent starting point for further exploration.TRADING SYMBOLSTSX Venture Exchange: EQTFrankfurt Exchange: T6U1 The Company will initiate a winter work program which will include geo- physics (may include Induced Polarization and or Aero-Magnetics) as well asBOARD OF DIRECTORS additional detailed sampling, mapping and further historical data compilation.Jay Roberge Jody Dahrouge, B.Sc, P.GeoChris Grove Steve Williams, BASc, MBASteven Khan, B.Sc, MBA, CFA KEY INVESTMENT HIGHLIGHTSSTRATEGIC PARTNERSZimtu Capital Corp. Dahrouge Geological • Early stage of value creation through exploration, and developmentVancouver, BC Edmonton, AB • Favorable location in close proximity to other major discoverieswww.zimtu.com www.dahrouge.com • Historical drill results indicating ~3X the grade of major projects in the areaTRANSFER AGENT • Successful team for exploration, development, and discoveryComputor Share, Vancouver, BC • Strong strategic partners and market supportAUDITORSMorgan & Company, Vancouver, BCLAW FIRM DAY PROPERTY INTERVAL CU (%) AU (G/T) CATEGORYClark Wilson LLP, Vancouver, BC 58.83 m 0.67 0.84 Historical Drilling 14.94 m 0.61 1.92 Historical DrillingCONTACTEquitas Resources Corp. PROPERTY TONNES CU (%) AU (G/T) CATEGORYSuite 1450 – 789 West PenderVancouver, BC, V6C 1H2 Kemess South 22.7 0.14 0.28 Proven Reservest. 1 604 687-3113 Kemess North 719.2 0.15 0.30 Measured & indicatedf. 1 604 681-8240 Mt. Milligan 482.4 0.20 0.39 Proven & probableEmail: info@equitasresources.com Kwanika 182.6 0.29 0.28 Indicated
  2. 2. Y U K O N T E R R I T O R Y N. W. T. DAY COPPER-GOLD PORPHYRY PROJECT TOODOGGONE, NORTH-CENTRAL BRITISH COLUMBIA T A A L B E R PRINCE ON GEORGE EDMONT BRITISH COLUMBIA SCALE KA 0 100 km 200 km Y CALGAR M OP REVELSTOKE LO S 0 50 mi 100 mi VERNON KELOWNA KEMESS SOUTH VANCOUVER (In Production) NANAIMO BELLINGHAM S A Proven Reserves 22.7 mt U VICTORIA 0.14% Cu 0.28 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 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 AuPOWER LINERAIL LINE PrinceROAD George