Equitable Mining Corp. Re-Opens Negotiations For Chinese Mine Tailings Property

CHEYENNE, WY, Nov. 14  /PRNewswire-FirstCall/ -- Equitable Mining Corp. (EQUITABLE), a resource company trading as EQBM on PinkSheets.com and E5W on the Frankfurt Exchange, is meeting with the principals of the Dalian Mine Tailings site in Beijing, China later this week.

"We are excited about having the Dalian project move forward," said Larry Skolnik, president of Equitable.

The Dalian acquisition covers the mineral rights to 220,000 square meters of land leased from the government for 25 years and includes 5.2 million tons of mine tailings plus infrastructure in place including roads, electricity, water, fencing, storm sewer, transportation and one production line. 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. The company will utilize D.A.K.'s environmentally friendly leaching process to extract the mineral deposits.

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DATASOURCE: Equitable Mining Corp.



CONTACT: Equitable Mining Corporation: Larry Skolnik, President, Tel

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