Equity Metals Corporation
Equity Metals is advancing the Silver Queen project in British Columbia, which carries a September 2026 Indicated resource of 21.0 million ounces of contained silver (48.7 million ounces silver-equivalent). It reported cash of C$7.36 million in May 2026 and no debt.
Notable vs. Peers
- Jurisdiction risk score of 9/10 is meaningfully safer than the peer average of 6.8/10.
- Trading within 1% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Not yet determined: mill, grid power.
Jurisdiction (40%)9/10
British Columbia: Fraser PPI 2025 is 74.28 of 100 (rank 31 of 68), which maps to 9 on this site's scale. British Columbia, Canada — a strong, well-established mining jurisdiction.
Infrastructure (40%)7.1/10
Confirmed road access and a confirmed tailings facility at Silver Queen Project, British Columbia; existing mill and grid power not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)Not yet researched
No producing mine within 50 km in our reference list (nearest listed: Blackwater (Artemis Gold Inc.), 153 km). That list doesn't cover every mining district yet, so a longer distance isn't scored as remote.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score:1.6/10
Nearest producing mine: Blackwater (Artemis Gold Inc.), 153 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 46% here - Lifecycle stageSub-score:3.5/10
Stage: Resource Definition
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 31% here - JurisdictionSub-score:9/10
Canada: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% here - CommoditySub-score:5/10
Primary commodity: Silver
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Director and President of Equity Metals Corporation; also Vice President of Exploration and Director of Bravada Gold Corporation and a director of Paradigm Gold Corporation. (P.Geo., B.S., M.S.) A Certified Professional Geologist with a B.S. in Geology from Kent State University and an M.S. in Geology from the University of Colorado, with 40 years of experience in exploration for gold, silver, copper, molybdenum, lead, zinc and uranium in the U.S., Canada and abroad. Also President and a director of Bravada Gold Corporation and a director of Nickelex Resource Corporation, and previously of Homestake Resource Corporation and Fortune River Resource Corp. Has held previous executive positions and directorships with Fairmile GoldTech, Sierra Geothermal, the Geological Society of Nevada and the GSN Foundation.
Vice President of Exploration of Equity Metals Corporation; also Vice President of Exploration of Southern Silver Exploration Corp. (MSc., P.Geo.) VP Geological Services for the Malaspina-Manex Group of companies and, in that capacity, has been VP of Exploration and Exploration Manager for several publicly listed companies including Homestake Resource Corp, Southern Silver Exploration Corp and Equity Metals Corporation. Oversaw the discovery and delineation of the high-grade 1.2 million ounce Homestake Ridge Au-Ag deposit in northern British Columbia, and is currently advancing Southern Silver's 35 million tonne Cerro Las Minitas Ag-Pb-Zn project in Durango State, Mexico. Graduated with a B.Sc. (Hons) from Memorial University of Newfoundland in 1990, earned an M.Sc. from the University of British Columbia in 1999, and is a registered Professional Geologist (BC).
Vice President of Corporate Development of Equity Metals Corporation, responsible for general corporate development and for supporting management to evaluate and execute new investment opportunities; also Vice President of Corporate Development of Southern Silver Exploration Corp. and Vice President, Corporate Development of Paradigm Gold Corporation. Over 25 years of corporate communications, strategic marketing and corporate development experience, and has been a director and officer of numerous publicly traded North American resource companies. Also serves as VP of Corporate Development at Malaspina-Manex Group, where he oversees, implements and manages various corporate functions and shareholder programs for public and private companies.
Director and Chief Financial Officer of Equity Metals Corporation; also Chief Financial Officer of Southern Silver Exploration Corp., Gold Springs Resource Corp. and Visionary Copper and Gold Mines Inc. and a director of Paradigm Gold Corporation. (CPA, CA) President and CEO of Malaspina Consultants Inc. in Vancouver, focusing on clients in the resource and junior public sector, advising on financial management and public company reporting. Also principal of the Manex Resource Group of Vancouver, which provides administrative, financial, corporate, corporate finance and geological services to a number of public companies in the mineral resource sector. Previously an Assurance Partner at Wolrige Mahon LLP (now Baker Tilly Canada) working predominantly with resource and other junior public companies, and formerly a Senior Manager with KPMG LLP. Holds a BSc. (Accounting) from University College Cork, Ireland and a Post-Graduate Diploma in Corporate Treasury from Dublin City University, and received his Chartered Accountant designations from Canada and Ireland in 2010 and 2002 respectively.
Corporate Secretary of Equity Metals Corporation; also Corporate Secretary of Southern Silver Exploration Corp., Pacific Ridge Exploration Ltd. and Paradigm Gold Corporation. (B.A., LL.B.) Obtained her law degree in 2004 and was called to the Bar of British Columbia in 2005. Currently serves as corporate secretary to several public resource companies in the minerals sector including Bravada Gold Corporation, Equity Metals Corporation, Pacific Ridge Exploration Ltd., Southern Silver Exploration Corp. and Valterra Resource Corporation.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Nearly 99% of the company is held by the public float, with only small individual insider stakes and minor corporate consulting-firm holdings. No producer or specialist resource fund holds a meaningful position.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Equity Metals is advancing the Silver Queen project in British Columbia. Its updated resource, effective 11 September 2026, is 21,037,000 oz of silver indicated in 3.57Mt at 184 g/t, with no measured category, plus 17,314,000 oz inferred, alongside 210,000 oz of gold indicated and copper, lead and zinc. The estimate added 87 drill holes and the newly included George Lake Zone and uses a C$122/t net smelter return cut-off. The company reported cash of C$7.36 million in May 2026 and no debt.