Equinox Minerals Limited

Equinox Minerals Limited

March 15, 2007 10:10 ET

Equinox Minerals Limited: Lumwana SAG Mill Shells Arrive in Zambia

TORONTO, ONTARIO--(CCNMatthews - March 15, 2007) -


Lumwana Mining Company Limited ("LMC" or the "Company"), a wholly owned subsidiary of Equinox Minerals Limited (TSX:EQN)(ASX:EQN) ("Equinox") is pleased to announce the arrival in country of the semi-autogenous grind ("SAG") mill shells for its Lumwana Copper Project presently under construction in the North Western province of Zambia.

Contracted to FFE Minerals, a USA company and manufactured by Gandara Censa (Spain) and Siempelkamp (Germany), the Lumwana SAG mill will be the largest mill in Africa with an installed cost of around US$30 million.

The basic design of the SAG mill is an adaptation of the operating mill at Escondida in Chile. At 38 feet in diameter and 20 feet in length with installed power of 18 megawatts, the Lumwana SAG mill is designed to process 2,450 tonnes of ore per hour with an annual rate of 20 million tonnes per annum. Grinding media will be 200 tonnes of 100mm and 125mm steel balls. To meet road transport regulations, the SAG mill shell has been split into three 120-degree sections whilst each head has been split into quarters. Each shell section weighs 64 tonnes and each head quarter weighs 40 tonnes. The total combined empty mill weight is 650 tonnes including trunnions. During operations the mill will contain 600 tonnes of liners with the heaviest individual liner weighing 2.2 tonnes. Mill re-lining will take about 4 days to complete at a cost of US$1.5 million.

LMC is pleased that the arrival of this critical plant completes yet another key milestone towards the development of Africa's largest new copper mine.

Lumwana is owned 100% by Equinox. It is anticipated that the Lumwana mine will produce an average of 169,000 tonnes of copper metal per year contained in concentrates for the first 6 years of its 37-year mine life and construction is on schedule for commissioning in 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

Please note: There are photos available on CCNMatthews' website at the following links:

Lumwana SAG Mill Shells Arrive in Zambia (Figure 1): http://www.ccnmatthews.com/docs/eqn1.pdf

Lumwana SAG Mill Shells Arrive in Zambia (Figure 2): http://www.ccnmatthews.com/docs/eqn2.pdf

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