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Micro Cap Mobilizes for Phase II Drilling

This Vancouver-based micro cap just announced that it has mobilized crews for the next phase of drilling on its 100% owned Silver Queen Au-Ag-Zn Project located near Houston in the well-mineralized Skeena Arch region of British Columbia, according to the release.

Equity Metals Corporation (OTCQB:EQMEF) is moving forward with this new phase of exploration, which is on a property that includes up to 1,500 metres of core drilling in eight to 10 holes "targeting lateral and down-dip step-outs from bonanza grade silver mineralization identified in drilling from earlier this year on the Camp Vein target."

Traders seemed to be long awaiting the news, as shares traded up to an early high of $0.1707/share (+6.89%). This move is a strong continuation of the success this stock has had over the course of the last six months.