Equitable Mining Corp. Announces Several steps to bolster its drive to reach production
07 March 2006 - 2:32AM
PR Newswire (US)
TORONTO, March 6 /PRNewswire/ -- Equitable Mining Corp. (Trading as
EQBM on the Pink Sheets) is taking several significant steps to
achieve production at its existing mining sites and to finalize
steps to acquire more properties. Company director, Jim Adams,
announced the following initiatives: 1. Board of Directors will be
expanding to include mining professionals 2. Equitable Mining will
also be creating an advisory board 3. The company is speaking with
a venture capital firm prominent in China and Israel about
participation in the Dalian mining project. The VC has investments
in companies that produce environmentally-friendly chemical that
Equitable needs to optimize results in the mine tailings project.
4. Arrangements are being made with a major heavy equipment maker
for the Dalian project at the Prospectors & Developers
Association of Canada mining show in Toronto. 5. An announcement
will be made later this week regarding the latest findings on the
Red Lake claims 6. Equitable is in the process of seeking a listing
on the Frankfurt exchange. 7. More regular updates for shareholders
will be provided during this time of immense change. 8. The company
is also upgrading its web site
(http://www.equitablelifeinvestments.com/) About Equitable Mining
Corporation (Pink Sheets: EQBM) Equitable Mining Corporation is a
rapidly expanding company focused on acquiring, exploring,
developing and extracting mineral rights worldwide. Projects
include the Bonanza Property in Canada's high-yield Red Lake Gold
Camp, an acquisition in progress in Colombia, a memorandum of
understanding for a precious metals mine in China, and ongoing
acquisition programs in mineral-rich areas of North America, South
America and Australasia. The company is leveraging its deep
industry expertise and extensive contacts to recruit mining
industry veterans and expand its search for quality gold and other
precious metals-bearing properties in the Americas and Australasia.
For more information visit
http://www.equitablelifeinvestments.com/. Safe Harbor Certain
statements above constitute forward-looking statements with respect
to MEM Financial Solutions and affiliated companies. Such forward-
looking statements involve known and unknown risks, uncertainties
and other factors that may cause the actual results, performance or
achievements of the companies to be materially different from any
further results, performance or achievements expressed or implied
by such forward-looking statements. DATASOURCE: Equitable Mining
Corp. CONTACT: Equitable Mining Corporation, Jim Adams, Director,
Tel (416) 410-3995, Fax (416) 784-1529,
http://www.equitablelifeinvestments.com/
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