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EQUATOR RESOURCES LIMITED

ASX: EQU

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Equator Resources Limited has extensive exploration projects both in Liberia and Australia.

The company holds 1,578 km2 of gold exploration projects in southeastern Liberia West Africa comprising the Bukon Jedeh Concession Mining Concession covering an area of 252 km2, the Maryland County Mineral Exploration License covering an area of 628 km2 and the River Gee County Mineral Exploration License covering an area of 698 km2.

The Bukon Jedeh Projects consists of three mineral concessions in south eastern Liberia, covering 1575km2 of the Birimian greenstone belt, within the West Africa Gold Province. Stretching from Ghana to Senegal, the Birimian greenstone belt is one of the world's most prolific gold mining areas and is home to several multi-million ounce deposits. The three concessions include areas with extensive historical gold workings and on one tenement there are outcropping Banded Iron Formations (BIF) that may be prospective for iron ore deposits.

All the Bukon Jedeh Projects tenement areas are associated with regional fault zones (Dugbe and Dube) that may control mineralisation. No drilling has been undertaken, but there are drill-ready targets and RC drilling is planned for 2011.

Equator Resources holds eight granted Exploration Licences in the Pine Creek Geosyncline region (Frazer Project) and nine granted Exploration Licences, and Substitute Exploration Licence in the Georgina-Atjawarra region (Ooratippra Project) of the Northern Territory covering a combined area of approximately 2,800 square kilometres.

The Company also holds two granted Exploration Licences and nine Exploration Licence applications known as the Plenty River project, located 150km north east of Alice Springs. The area is prospective for copper, gold and nickel mineralisation.

The Frazer project south of Darwin is prospective for uranium, gold and base metals based on historical exploration reports and exploration carried out by the Company. The Ooratippra project northeast of Alice Springs has geophysical magnetic and gravity anomalies resembling those at Prominent Hill and Olympic Dam and is prospective for uranium, gold, base metals and diamonds.

Mine For

copper, gold, nickel, uranium, diamonds

Location of operation(s)

Liberia, Northern Territory

Address

Level 22 Allendale Square 77 St Georges Tce
PERTH, WA, Australia

Phone

(61 8) 9325 8888

Email

Website


Last Updated

3/8/2011

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.