VANCOUVER, June 24, 2015 /CNW/ - Equitas Resources
Corp. (TSXv: EQT) (FSE: T6UN) ("Equitas" or the "Company") is
pleased to announce the appointment of Raymond Goldie to its board of directors,
effective immediately. Mr. Goldie is currently a Vice President and
Senior Mining Analyst with Salman Partners Inc.
Raymond Goldie brings extensive
industry experience to Equitas, including more than 20 years as a
mining analyst and industry economist covering non-precious and
precious metals and fertilizer companies. Ray holds a B.Sc.
in Geology from Victoria University in
Wellington, New Zealand, a M.Sc.
in Geology from McGill University, and
a Ph.D. from Queens University. Ray
also holds a Diploma in Business Administration from the University
of Toronto.
He is the author of "Inco Comes to Labrador"; a book on Inco's acquisition,
progression and development of one of the most substantial mineral
discoveries in Canada, the
Voisey's Bay nickel deposit. Mr. Goldie frequently appears on
national television and as a keynote speaker at mining
conferences.
Kyler Hardy, President of
Equitas, comments: "It is my pleasure to welcome Mr. Goldie to the
board. His extensive knowledge of the natural resources
sector and his past experience in Labrador will be a significant benefit to the
company. Our management team and land package in the Voisey's Bay
area has given Equitas a strong position to execute on the
opportunities ahead."
Mr. Jay Roberge has stepped down
as a Director of the Company. The Board of Directors would
like to thank Mr. Roberge for his service to the Company and wishes
him success in his future endeavors.
In addition the Company is granting Mr. Goldie a total of
250,000 options with an exercise price of $0.10 for a five year period.
About Equitas Resources Corp.
Equitas Resources Corp.
is a Canadian-based mineral exploration company with a focus on
nickel, copper, platinum group metals (PGM) and cobalt. The Company
is engaged in the acquisition, exploration and development of
mineral properties. Its Garland Property is 25,050 hectares and
located approximately 30kms south-east of the Voisey's Bay mine in
Labrador, Canada. With the
recently completed VTEM geophysical survey the Company is preparing
for a summer geological mapping, 50km of large loop EM followed by
up to 4000m of diamond drilling to test the identified targets.
On Behalf of the Board of Directors,
EQUITAS RESOURCES CORP.
"Kyler Hardy"
Kyler Hardy
President
Tel: 604.681.1568
info@equitasresources.com
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Forward-Looking Statements
It is important to note that actual outcomes and the Company's
actual results could differ materially from those in such
forward-looking statements. Risks and uncertainties include
economic, competitive, governmental, environmental and
technological factors that may affect the Company's operations,
markets, products and prices. Factors that could cause actual
results to differ materially may include misinterpretation of data;
that we may not be able to get equipment or labour as we need it;
that we may not be able to raise sufficient funds to complete our
intended exploration and development; that our applications to
drill may be denied; that weather, logistical problems or hazards
may prevent us from exploration; that equipment may not work as
well as expected; that analysis of data may not be possible
accurately and at depth; that results which we or others have found
in any particular location are not necessarily indicative of larger
areas of our properties; that we may not complete environmental
programs in a timely manner or at all; that market prices for
nickel may not justify commercial production costs; and that
despite encouraging data there may be no commercially
exploitable mineralization on our properties.
Readers should refer to the risk disclosures outlined in the
Company's Management Discussion & Analysis of its audited
financial statements filed with the British Columbia Securities
Commission.
SOURCE Equitas Resources Corp.