Mr. Kyler Hardy reports

EQUITAS RESOURCES CORP. ANNOUNCES COMMENCEMENT OF INITIAL EXPLORATION PROGRAM ON THE GARLAND PROJECT AND MANAGEMENT ADDITIONS

Equitas Resources Corp. has commenced its nickel exploration program on the Garland property in Labrador, Canada, which is located less than 30 kilometres southeast of the Voisey's Bay mine. The work will encompass a VTEM survey with a follow-up field program.

Equitas has signed an agreement with Geotech Ltd. to provide a VTEM max survey over the entire 25,050-hectare property. The survey results will be integrated with existing airborne gravity and magnetic data, which will allow for the rapid identification of geophysical targets similar to those for other magmatic nickel-copper sulphide occurrences (Voisey's Bay). Targets will be ground tested with applicable ground geophysics and geological mapping/sampling to identify high-priority targets that may warrant drilling.

Historic exploration at the Garland property

The Garland property was explored by 10 separate companies, primarily between the years 1995 to 1999. At the time, individual claim blocks were relatively small with multiple owners, which was not conducive to a regional exploration strategy that allowed for the systematic exploration of the area. Exploration methods focused on outdated frequency domain airborne electromagnetic surveys over isolated areas and which have very shallow depth penetration capabilities (estimated at 75 metres). Further, reconnaissance rock sampling and mapping covered only a fraction of the property.

Recently, in between 2000 to 2007, parts of the property and areas to the west were explored by Vale Canada Ltd. (and its predecessors). Exploration methods included a regional airborne gravity gradiometer (AGG) survey, with follow-up induced polarity ground electromagnetic surveys, and ground reconnaissance sampling. This exploration resulted in the identification of several localized targets, but only one drill hole is reported for the property. Despite the absence of significant nickel-copper-cobalt mineralization, the drill hole verified the suitability of the region to host a Voisey's Bay-style deposit. The drill hole encountered a sequence of variably textured gabbro-norites with trace very fine-grained disseminated sulphides locally.

National Instrument 43-101 disclosure

Neil McCallum, PGeol, Dahrouge Geological Consulting Ltd., a qualified person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.

Tim Fernback added to the board of directors

Equitas would also like to welcome Mr. Fernback to the team as a director. Mr. Fernback brings to Equitas over 20 years of experience in financing and managing public and private junior companies. Previously he oversaw a prominent British Columbia venture capital firm specializing in financing and consulting and later ran the investment banking/corporate finance division for the Western Canadian-based brokerage firm Wolverton Securities Ltd.

Everett Makela becomes Equitas's vice-president of exploration

The company is also pleased to announce Mr. Makela is joining the team as VP of exploration to help advance Equitas's pursuit of nickel discoveries. Mr. Makela has over 30 years of multinational experience in the mineral exploration industry, with a commodities focus in magmatic nickel-copper-PGE (platinum group elements), porphyry copper, gold, uranium and base metals. He was a key member of the Inco Ltd. exploration team for over 20 years, where he held positions of increasing responsibility in roles ranging from grassroots exploration to resource definition. His contributions to advancements in exploration methodologies and understanding of ore-forming processes were a solid part of Inco's discovery and resource definition successes, most notably in the Sudbury basin.

In 2006, Inco shareholders accepted a takeover deal in which the company was acquired by Brazilian mining company Vale SA. Responding to a renewed corporate agenda, Mr. Makela played a critical role in reinventing the Vale North American portfolio, resulting in substantial growth to Vale's exploration budget for discovery across Canada, the United States and Mexico. He has designed and managed programs with multimillion-dollar budgets, and specializes in target generation and joint ventures/alliances. Mr. Makela retired from Vale as principal geologist, North America, in 2012. He is director of private exploration consulting firm EFMX Consulting Ltd.

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