Today, Stephan Bogner from Rockstone Research published an update on Equitas Resources Corp. (V:EQT) as the company announced earlier today that 2 rigs started drilling 20 holes over 1,600 m (80 m each on average) on May 20 at the Baldo Zone of its 100% owned Cajueiro Project in the Mato Grosso and Para states of Brazil. On May 11, 700 m of trenching commenced, targeting a 650 m strike length of a mineralized corridor at Baldo. The company today informed that drilling and trenching is expected to be completed within a month. This exploration program represents the first phase of an extensive 2016 work schedule and is focused on defining additional gold resources in the near-surface saprolite oxide domain along a highly prospective mineralized structural corridor, in order to supply further information to support open-pit development.