A gold-silver exploration company primed for transition to a producer at the Cerro Bayo mine district

located within a premier world class epithermal silver-gold district in southern Chile

Equus Mining Limited (ASX:EQE)

Equus Mining is an ASX listed exploration and development company with its core focus on the historical high grade gold-silver producing Cerro Bayo mining district (historical production of 650Koz Au, 45Moz Ag at average grades of 2.81 g/t Au, 196 g/t Ag). The company holds a 3 year option to acquire all the project’s mine and operational processing infrastructure from Mandalay Resources, which is centrally located within a highly prospective 295km sq mining claim holding.

Subsequent to the December 2020 maiden inferred resource estimate announcement of 302,000 oz Au eq @ 2.5 g/t Au equivalent, the Company is aggressively advancing mine restart studies and brownfields and greenfields exploration on high-priority targets as part of a dual track strategy underpinned by production from stockpiles  (0.5Mtpa), currently operated by Mandalay Resources.