A joint-venture agreement provides with US$500,000 in funding for three Bolivian properties.
Teck (TSE) will provide funding by early 1994 and can maintain a 51% interest in any of the properties by funding all costs until a production decision is made.
Equinox is focusing its non-Nevada exploration activities in Bolivia and has a right to acquire a 100% interest in all three projects.
The properties contain active, small-scale alluvial or hardrock gold mining operations on large, mineralized systems. These systems have not been explored using modern techniques.
The agreement with Teck includes the Yani property which is already the subject of a joint venture between Equinox and Broadlands Resources (VSE).
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