Equity Metals (EQTY.V) has confirmed crews have mobilized in preparation for the 2024 exploration season on its flagship Silver Queen silver project in British Columbia. The plan for this year is to complete approximately 6,500 meters of drilling in the first phase of the exploration program, which will predominantly focus on the George Lake vein system. That system was identified a few decades ago but Equity only followed up on the historical data as part of its 2023 drill program when it outlined a mineralized system with a potential strike length of 600 meters and reaching depths of up to 400 meters. Those potential extensions along strike and at depth will be thoroughly investigated as part of the 2024 exploration program.

As a reminder, the company drilled seven holes on George Lake last year, with some noticeable intervals shown below. Just like the other areas of the Silver Queen project, George Lake appears to be the same type of mineralization: narrow intervals but high-grade.

The drill program will start any day now and will likely take about two months to be completed. Meanwhile, Equity Metals continues to work on other potential exploration targets including making a polymetallic soil anomaly north of the Camp Deposit drill-ready.


Disclosure: The author has a long position in Equity Metals. Equity is a sponsor of the website. Please read the disclaimer.

3 Comments

  1. Hello
    After the first phase of the drilling program is completed (6,500), in June and early July; is there additional drilling for the remainder of 2024?
    Thanks!

    • Hi,

      We think that will depend on raising additional funds. Hope the market continues to care about silver plays!

  2. As we are making exploration works on drilling this report will be very much relevant
    Tewelde