Equinox Minerals Limited

Equinox Minerals Limited

May 03, 2007 11:24 ET

Equinox AGM and Invitation to Shareholders

TORONTO, ONTARIO--(CCNMatthews - May 3, 2007) - Equinox Minerals Limited (TSX:EQN)(ASX:EQN) ("Equinox") President and CEO, Craig Williams and Acting Non-Executive Chairman Brian Penny are pleased to invite you to attend the Annual General Meeting ("AGM") to be held on Thursday, May 10th, 2007 at 11:00 HRS (EST) in Toronto, Canada. A reception with light refreshments will follow.

Also in attendance will be David Mosher (Non-Executive Director), Michael Klessens (CFO and VP Finance) and Kevin van Niekerk (VP Investor Relations and Corporate Development).

    VENUE:     3rd Floor, King Gallery, The Suites at 1 King West
               1 King Street West (Dominion Bank Building), Toronto, Canada

    WEB CAST:  This AGM is being web cast by Vcall and can be accessed

               - By going to the EQN Website;

               - Cut and Paste link to web browser

               - Or by going to InvestorCalendar.com

Equinox is an international exploration and mine development company with principal development and exploration projects for base metals and uranium located in Zambia; one of the fastest growing copper exporting countries.

The Company's primary focus is the construction of Lumwana. Situated to the west of the world renowned Copperbelt, Equinox owns 100% of Lumwana. This is a project of recognized international scale for which the company has secured a debt facility with a group of financial institutions to provide a total of US$583.8 million in senior and subordinated project finance. With proven and probable reserves totalling 321 million tones of ore grading at 0.73% Cu, Lumwana represents one of the largest fully permitted copper projects in the world currently under construction and the largest new mining project seen in Zambia in 40 years.

Construction activities commenced in January 2006 and remains on schedule. The project is expected to process 20 million tones per year of ore to produce copper concentrates containing an average of 169,000 tpa (373 million lbs/year) of copper metal in the initial six years and an average of 122,000 tpa (269 million lbs/year) of copper metal over the life of mine (37 years). Commissioning is expected during Q2 2008.

On Behalf of the Board of Directors of Equinox:

Craig R. Williams, President & Chief Executive Officer

For information on Equinox and technical details on the Lumwana Project please refer to the company website at www.equinoxminerals.com

Cautionary Language and Forward Looking Statements

This press release contains "forward-looking statements", which are subject to various risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied by such statements. Investors are cautioned that such statements are not guarantees of future performance and results. Risks and uncertainties about the Company's business are more fully discussed in the Company's disclosure documents filed from time to time with the Canadian and Australian securities authorities.

ARBN 108 066 986

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