A precious metals exploration Company with a core focus on the Cerro Bayo Mine District

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

Equus Mining Limited (ASX:EQE)

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 undertaking further evaluation on gold-silver mineralisation resources beneath and peripheral to the historic Taitao Pit and aggressively advancing brownfields and greenfields exploration on high-priority targets. 

Equus has a dual-track development strategy comprised of continual advancement of greenfields-brownfields exploration in parallel with re-evaluating existing brownfields resource potential within close proximity to the 0.5Mtpa Cerro Bayo processing plant. The processing of low grade stockpiles by Mandalay Resources at 40kt per month is scheduled to commence during Q1/2021 and Equus is targeting to complete a mine restart study during H1/2021.