Be Mindful Of Technical Disclosure Requirements Under NI 43-101

A recent settlement provides a reminder for junior mining companies to comply with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101").

A settlement agreement (the "Agreement") between the British Columbia Securities Commission ("BCSC") and the Chief Executive Officer ("CEO") of Equity Metals Corporation (the "Company"), a junior mining company listed on the TSX Venture Exchange, provides a stark reminder that a Qualified Person ("QP") must review any and all technical disclosure and that companies need to ensure strict compliance with NI 43-101.

In November 2017, the Company made disclosure about its principal property in a news release titled "Silver Queen 'Blue Zone' discovery photos posted" (the "News Release"). The News Release included links to presentations on the Company's website that disclosed scientific and technical information about the property.