CybeRelease: (OTC: EQBM) Sees Revenues Up On Projected Gold Deposits

(CybeRelease, March 2, 2006) - Lake Harmony, PA - Equitable Mining Corporation (Pink Sheets: EQBM), a growing company focused on finding, acquiring and extracting gold and other mineral reserves worldwide, 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. Once the due diligence is completed and agreements are signed Equitable Mining Corp. will own 35% of all operations and mineral rights. Significant deposits of gold, platinum, palladium, rhodium and copper have been identified in the mine and mine tailings and monthly revenues of $1.6 million are projected.

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. For more information, go to http://www.cyberelease.com/eqbm3206.htm.

CybeRelease Gainers are Beacon Power Corp. (Nasdaq: BCON), Avanex Corp. (Nasdaq: AVNX), Valence Technology Inc. (Nasdaq: VLNC), Cardiodynamics International Corp. (Nasdaq: CDIC) and Joy Global Inc. (Nasdaq: JOYG).

CybeRelease Decliners are FX Energy Inc. (Nasdaq: FXEN), Terabeam, Inc. (Nasdaq: TRBM), Applied Signal Technology Inc. (Nasdaq: APSG), Fargo Electronics Inc. (Nasdaq: FRGO) and Astea International Inc. (Nasdaq: ATEA).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid CybeRelease $695.00 for the publication of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.

Contact:
C. P. Barry
Company: CybeRelease
Phone: 1.888.478.7669
Source: CybeRelease.com

Contact Information

C. P. Barry

Media Contact

CybeRelease.com

Contact via E-mail