Equinox Exploration Corp.
TSX VENTURE : EQX

Equinox Exploration Corp.

April 09, 2012 08:30 ET

Equinox Exploration has Received the Geophysical Survey Report on its North Star Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 9, 2012) - Equinox Exploration Corp. ("Equinox") (TSX VENTURE:EQX) is pleased to announce that geophysical survey work has been completed and the final report has been received on its North Star copper project located in Arizona.

Having submitted the drilling permits, (See press release 3/29/12) we continue to refine our focus of the structure and mineralization underlying the North Star Project through geophysical analysis.

Completed Gravity and magneto-telluric surveys have determined both the depth to bedrock, and faulted areas to an investigative depth of 1000 meters. The survey provided key information on the controlling geologic features for the mineralization. Gravity and magneto-telluric measurements were taken from four separate lines over a total distance of 11.7 kilometers (See fig. 13, 19). These survey results, in combination with historical exploration and our own geological observations, provide the essential information needed to finalize planned drill targets. The sixteen hole drilling program is set to commence in Q2 2012.

To view Figure 13, please visit the following link: http://equinoxexploration.com/images/northstar/27.jpg

To view Figure 19, please visit the following link: http://equinoxexploration.com/images/northstar/21.jpg

The gravity and electromagnetic surveys were completed by Hasbrouck Geophysics, Inc. Hasbrouck Geophysics, Inc. has over 30 years of experience in all aspects of exploration geophysics including, field operations, data reduction, processing, display, interpretation and research and development.

Roy Fuller, Director for Equinox Exploration, stated, "We are pleased to add the geophysical survey as an additional tool in our ongoing exploration program. As we proceed with drilling, the data obtained will be key in maximizing our efforts."

Equinox also wishes to announce that it has granted 1,400,000 incentive stock options to directors, officers, consultants and employees of the Company. The options are exercisable at $0.17 and will expire on April 8, 2017.

About Equinox Exploration Corp.

Equinox Exploration is a publicly traded corporation engaged in the exploration and development of copper properties with its major focus on copper in the Southwest United States. Equinox has acquired a strategic position within one of the world's most prolific copper belts with the acquisition of the Arizona North Star project.

Stephen B. Butrenchuk, P. Geo, P.Geol., Director of Equinox, is the Qualified Person as defined in National Instrument 43-101, who has reviewed and approved the technical content of this news release.

On behalf of the Board of Directors,

Roy Fuller, Director

Forward-Looking Statement

This news release includes certain statements that may be deemed "forward-looking statements". Forward-looking information includes, but is not limited to: statements with respect to the effect and estimated timeline of the drilling and assay results on the Company; the estimation of mineral reserves and mineral resources; the timing and amount of estimated future exploration; costs of exploration; capital expenditures; success of exploration activities; permitting time lines and permitting ; government regulation of mining operations; environmental risks; unanticipated reclamation expenses; and title disputes or claims. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". All statements in this release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include: unsuccessful exploration results; changes in metals prices; changes in the availability of funding for mineral exploration; unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on the Company and the risks and challenges of its business, investors should review the Company's annual filings that are available at www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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