Welcome To Equus Mining Limited
Equus Mining (ASX:EQU) is a Sydney-based precious metals exploration Company with a focus on the Cerro Bayo Mine District, located in Southern Chile. With 350km2 of prospective Gold-Silver landholdings, the Company’s Flagship Cerro Bayo Project contains a 500 ktpa existing Gold-Silver processing plant, tailings storage facility and power generation, and most of the stationary and mobile equipment required for eventual mine restart.
Equus has a dual-track development strategy comprising continued advancement of Greenfields exploration in parallel with re-evaluating existing brownfields resource potential within close proximity to the Cerro Bayo processing plant. The Company is undertaking a resource evaluation on gold-silver mineralization beneath the historic Taitao Pit and aggressively advancing brownfields and greenfields exploration on high-priority targets, with standout maiden drill results to date including 3.81m at 20.4 g/t gold and 55.5 g/t silver at its Droughtmaster Prospect. A mine restart study is scheduled for completion by Q4/2020.
Regionally, the Company’s Projects are located in the world-class Deseado Massif Mineral Province, which currently hosts 7 operating Gold-Silver Mines with a current total endowment of ~30 Moz Gold.
With elevated Gold and Silver prices continuing to drive interest in the sector, the Board and Management of Equus believes Cerro Bayo provides an excellent opportunity for a low-cost entry to Gold-Silver production, within a premier gold-silver mining district.