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Gold/Mining/Energy : Copper - analysis

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From: Cal Gary3/30/2007 1:27:32 PM
   of 2131
 
Equinox chairman, director Jonah resigns

2007-03-30 12:14 ET - News Release

Mr. Craig Williams reports

SIR SAM JONAH DEPARTS EQUINOX BOARD

Equinox Minerals Ltd.'s Sir Sam Jonah has resigned as chairman and director of the company, effective March 29, 2007. Sir Sam has participated in a period of strong corporate growth at Equinox and has determined this as an appropriate time to move to pursue a number of other business interests.

Brian Penny, currently a non-executive director of the company and chairman of the audit committee, will assume the role of acting chairman of Equinox, while the company identifies and engages a new chairman.

Craig Williams, Equinox president and chief executive officer, commented: "Sir Sam has made a significant contribution to Equinox during his period as chairman, influencing our corporate leadership and strategy, introducing key investors and strengthening our relationship with the Zambian government. We wish Sam well as he pursues his other business interests."

Sir Sam responded: "It's been a real pleasure working with the Equinox team in building what has become a very exciting company. The Lumwana copper mine is a world-class company-making asset and its shareholders can be truly proud to be associated with Equinox."
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