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EQN - EQUINOX RESOURCES LIMITED.


nipper
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Equinox Resources Limited (EQN) is a mineral exploration company which has been incorporated for the purpose of acquiring the Hamersley Iron Ore Project, currently held by Pathfinder Resources Limited (PF1) and Lockett Fe Pty Ltd, a wholly owned subsidiary of Cazaly Resources Limited (CAZ).

 

The Hamersley Iron Ore Project is located approximately 60 km north of Tom Price in the Pilbara region of Western Australia and is prospective for iron ore.

 

The Hamersley Iron Ore Project is situated in the central portion of the Hamersley Province. The Hamersley Province contains late Archaean ... Lower Proterozoic age sediments of the Mount Bruce Supergroup, which lies between the Archaean granitoid basement complexes of the Yilgarn and Pilbara cratons. The Mount Bruce Supergroup has three constituent groups .... the Fortescue, Hamersley, and Turee Creek Groups. There are two iron mineralisation zones of interest near-surface, the detrital iron mineralisation and deeper channel iron mineralisation.

 

 

Listing date .... 13 October 2021 1:00 PM AEDT ##

Company contact details ..... https://www.eqnx.com.au/

Principal Activities .... Mining exploration and development

 

Issue Price ........ AUD 0.20

Issue Type ........ Ordinary Fully Paid Shares

Security code .... EQN

Capital to be Raised.... $9,000,000

Expected offer close date.... 05 October 2020

Underwriter.... Not underwritten. Canaccord Genuity (Australia) Limited and Sixty Two Capital Pty Ltd (Joint Lead Managers)

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