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File: 16Feb2015.pdf

             Equitorial Exploration Corp.
                                      1400-1111 West Georgia Street
                                       Vancouver, British Columbia
                                            V6E 4M3, Canada
                                           http://equitorial.ca


  EQUITORIAL SUBSIDIARY ANNOUNCES OPERATING AGREEMENT WITH POTENTIAL NEAR-TERM, LOW-
                                    COST PRODUCTION
 _______________________________________________________________________________________
February 16, 2015                                                    TSX Venture Exchange
                                                                      Trading Symbol: EXX

Equitorial Exploration Corp. (the "Company" or "Equitorial"), a TSX-V listed company, is pleased to
announce that it's 45% owned subsidiary, First Nevada Mining Corp. ("FNMC"), has reported that it has
signed an Operating Agreement with Keystone Mine LLC ("Keystone") of Surprise, Arizona, and Mining
Global Inc. (Mining Global") of Wickenburg, Arizona. The Agreement outlines the terms and conditions for
the mining and processing of material from Keystone's 100% owned, Keystone Mine (the "Property") in
Wickenburg, Arizona.

The Keystone Mine Property is located 12 miles east of the Town of Wickenburg, in Yavapai County,
Arizona. The Property consists of 172.613 acres of private land in the historical Black Rock Mining District.

The Operating Agreement outlines terms under which FNMC can participate in profit sharing through the
processing of up to 80,000 tons of stockpiled material at the Keystone Mine. Under the terms of the
Operating Agreement, FNMC will pay Keystone and Mining Global) 50% of the net income generated on the
Property from the sale of materials produced, extracted or concentrated from processing of 30,000 tons of
stockpiled material on the property. Prior to the distribution of any net-income, FNMC shall recover all
direct costs related to the mobilization, set-up, bulk sampling, pre-production, or production costs on the
Property.

FNMC may commence commercial mining operations subject to a successful demonstration of economic
viability through the completion of a bulk-sampling program (limited to 400 tons), a one-time payment to
Keystone of $25,000, maintaining minimum monthly payments of $5,000 to Keystone, and by obtaining all
insurance, certificates, licenses, and authorizations necessary to carry out mining operations on the
property, as stated under the laws of Arizona. For any amounts of material processed exceeding the first
30,000 tons, but not exceeding 80,000 tons, FNMC will earn 45% of the net income generated.

The material will be shipped and processed at a fully-permitted plant located approximately 32 miles by
road from the Keystone property.

Duane Nelson, CEO of FNMC reports, "I am very pleased to be moving forward with this project. It offers
potentially near-term, low-cost production and is an ideal candidate for the demonstration of our
environmentally friendly mining technologies and unique business model.
                                                       2

About First Nevada Mining Corp.

FNMC is a private Canadian corporation which owns proprietary, patent pending, environmentally friendly,
heavy metal extraction equipment and technologies. It has invested over $3.6 million on its proprietary
technologies to date.

Duane Nelson is the founder, President and CEO of FNMC. He was the CEO and co-founder of Silvermex
Resources Inc. ("Silvermex"), a past TSX listed company. Silvermex was a successful silver and gold producer
focused in Mexico and was acquired by First Majestic Silver Corp in 2012 for $175 Million.

FNMC's proprietary and patent pending heavy metal extraction technology is based on a mobile
classification and gravimetric processing unit with an integrated water filtration, clarification and recycling
system which allows for the concentration and extraction of heavy metals from soil, gravel or crushed
material with minimal environmental impact, discharge and water consumption.

FNMC also holds a patent pending process for the utilization of our portable gravimetric extraction
technologies at mine locations around the world to provide operators with a portable, low-cost, mineral
extraction alternative, which in some locations, would reduce the usual permitting timelines due to the
system's minimal environmental footprint, impact and discharge.

Equitorial owns 45% of FNMC and has a right of first refusal to purchase up to 100% of FNMC as more
particularly described in the Company's news release of May 30, 2014. The Company has advanced
approximately $500,000 to FNMC to date to advance this initiative.

The information contained or referred to in this news release relating to the Property has been furnished
by Keystone and FNMC and has not been independently verified by the Company. Neither the Company nor
any of its officers or directors assumes any responsibility for the accuracy or completeness of such
information.

On behalf of the Board of Directors
EQUITORIAL EXPLORATION CORP.

"Dean Pekeski"

Dean Pekeski, President and Director

For further information, please contact either Dean Pekeski or Patrick Power at 604-689-1799.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.