SOURCE: Wall Street News Alert

March 07, 2006 09:43 ET

Hot Stock Alert: Small Public Company Taking Several Significant Steps to Achieve Production! March 7, 2006

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- March 7, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: Equitable Mining Corporation (OTC: EQBM), Yamana Gold Inc. (AMEX: AUY). Northgate Minerals Corporation (AMEX: NXG), and Pan American Silver Corp (NASDAQ: PAAS).

Once again, Equitable Mining Corporation (OTC: EQBM) may show some potential as the markets begin trading this morning. Yesterday the company, a growing company focused on finding, acquiring and extracting gold and other mineral reserves worldwide, issued a press release announcing that it is taking several significant steps to achieve production at its existing mining sites and to finalize steps to acquire more properties.

This could be additional good news, and the type of continuing good news that investors want to hear! Company director, Jim Adams, announced the following initiatives:

--  Board of Directors will be expanding to include mining professionals
--  Equitable Mining will also be creating an advisory board
--  The company is speaking with a venture capital firm prominent in China
    and Israel about participation in the Dalian mining project. The VC has
    investments in companies that produce environmentally-friendly chemical
    that Equitable needs to optimize results in the mine tailings project.
--  Arrangements are being made with a major heavy equipment maker for the
    Dalian project at the Prospectors & Developers Association of Canada mining
    show in Toronto.
--  An announcement will be made later this week regarding the latest
    findings on the Red Lake claims.
--  Equitable is in the process of seeking a listing on the Frankfurt
--  More regular updates for shareholders will be provided during this
    time of immense change.
--  The company is also upgrading its web site
Wall Street News Alert continues to place aggressive investors on high alert to to watch Equitable Mining Corporation as the company progresses! Just last week, the company announced the completion of a memorandum of understanding with D.A.K., a privately owned Chinese resource corporation held by H.M.H. of Hong Kong, to acquire a precious metals mining project in Dalian, China. To date $7 million has been invested in the project by H.M.H. and D.A.K. Once the acquisition is complete Equitable Mining Corp. plans to increase production to three lines within the first eight months. (See the company's prior press release).

In addition to the Dalian project Equitable Mining Corp. has been acquiring mining properties in North and South America. The company recently announced the purchase of its Bonanza Property in Ontario, Canada's historically prolific Red Lake Gold Camp. More than 25 million ounces of gold have been produced in Red Lake since 1935. Equitable's Bonanza Property consists of 14 claims adjacent to Goldcorp's Red Lake Mine, which produces 550,000+ ounces annually and is one of the richest, most profitable gold mines in the world. Red Lake Mine contains the world-renown High Grade Zone with 4.4 million ounces of high grade gold reserves.

Equitable Mining recently assembled an international acquisition team to target high-yield mining projects in mineral-rich areas of North America, Latin America and Australasia. With joint-venture partner Atlantis Acquisition 1, the company announced it is close to closing on its first South American precious metals project in Colombia, where striking test results indicate confirmed deposits of a rich gold-copper-silver. The company has also entered into discussions around an additional group of claims in Northern Ontario and other North American locations.

Watch this company for more breaking news!

Prior to yesterday's press release, the stock closed yesterday at around Eleven cents a share.

To view a detailed, in-depth profile of Equitable Mining Corp, visit

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In case you are not familiar with the company: Equitable Mining Corporation is a rapidly expanding company focused on acquiring, exploring, developing and extracting mineral rights worldwide. Projects include the Bonanza Property in Canada's high-yield Red Lake Gold Camp, an acquisition in progress in Colombia, a memorandum of understanding for a precious metals mine in China, and ongoing acquisition programs in mineral-rich areas of North America, South America and Australasia. The company is leveraging its deep industry expertise and extensive contacts to recruit mining industry veterans and expand its search for quality gold and other precious metals-bearing properties in the Americas and Australasia.

Yamana Gold Inc. (AMEX: AUY) down 1.1% on 2.4 million shares traded. Yamana is a Canadian gold producer with significant gold production, gold and copper-gold development stage properties, exploration properties, and land positions in all major mineral areas in Brazil.

Northgate Minerals Corporation (AMEX: NXG) down 5.7% on 3 million shares traded. Northgate Minerals Corporation is a gold and copper mining company focused on operations and opportunities in the Americas.

Pan American Silver Corp (NASDAQ: PAAS) down 4.5% on 2.3 million shares traded. Pan American Silver Corp is a mining company.


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