Equinox Provides ZESCO Dispute Update

    THE U.S./

    TORONTO, Jan. 23 /CNW/ - Equinox Minerals Limited (TSX and ASX symbol:
"EQN") ("Equinox" or the "Company") advises that the Protective Relief action
initiated by the Company in relation to its dispute with ZESCO (refer to
Company announcement dated 15th January 2009), was adjourned at the request of
both the Company and ZESCO, until 17th February 2009 to allow the parties the
further opportunity to conclude negotiations. As such the Notice of
Termination initiated by ZESCO has also been suspended until 23rd February
    The Company remains confident that continuity of supply will not be
affected and an equitable resolution will be concluded.

    Craig R. Williams - President & Chief Executive Officer

    For information on Equinox and technical details on the Lumwana Mine
please refer to the company website at www.equinoxminerals.com

    Cautionary Language and Forward Looking Statements
    This press release contains "forward-looking statements" and "forward
    looking information", which may include, but is not limited to,
    statements with respect to the future financial or operating performances
    of Equinox, its subsidiaries and their respective projects, the future
    price of copper and uranium, the estimation of mineral reserves and
    resources, the realization of mineral reserve estimates, the timing and
    amount of estimated future production, estimated costs of future
    production, the sale of future production, capital, operating and
    exploration expenditures, the costs of Equinox's hedging policy, costs
    and timing of future exploration, requirements for additional capital,
    government regulation of exploration, development and mining operations,
    environmental risks, reclamation and rehabilitation expenses, title
    disputes or claims, and limitations of insurance coverage. Often, but not
    always, forward-looking information can be identified by the use of words
    such as "plans", "expects", "is expected", "is expecting", "budget",
    "scheduled", "estimates", "forecasts", "intends", "anticipates", or
    "believes", or variations (including negative variations) of such words
    and phrases, or by statements that certain actions, events or results
    "may", "could", "would", "might", or "will" be taken, occur or be
    achieved. The purpose of forward-looking information is to provide the
    reader with information about management's expectations and plans for the
    Company. Readers are cautioned that forward-looking information involves
    known and unknown risks, uncertainties and other factors which may cause
    the actual results, performance or achievements of Equinox and/or its
    subsidiaries to be materially different from any future results,
    performance or achievements expressed or implied by the forward-looking
    information. Such factors include, among others, those factors discussed
    in the section entitled "Risk Factors" in the Company's annual
    information form, which is available at www.SEDAR.com. Although Equinox
    has attempted to identify statements containing important factors that
    could cause actual actions, events or results to differ materially from
    those described in forward-looking information, there may be other
    factors that cause actions, events or results to differ from those
    anticipated, estimated or intended. Forward-looking information contained
    herein is made as of the date of this document based on the opinions and
    estimates of management on the date statements containing such forward
    looking information are made, and Equinox disclaims any obligation to
    update any forward-looking information, whether as a result of new
    information, estimates or opinions, future events or results or
    otherwise. There can be no assurance that forward-looking information
    will prove to be accurate, as actual results and future events could
    differ materially from those anticipated in such information.
    Accordingly, readers should not place undue reliance on forward looking
    information and should refer to the Amended Technical Report which is
    posted on Equinox's website (www.equinoxminerals.com) and filed on SEDAR
    (www.sedar.com) and any future amendments to such report. Readers are
    also directed to the cautionary notices and disclaimers contained

For further information:

For further information: Craig R. Williams (President and Chief
Executive Officer), Michael Klessens (V.P. Finance and CFO), Phone: +61 (0) 8
9322 3318, Email: equinox@equinoxminerals.com; or Kevin van Niekerk (V.P.
Investor Relations/Corporate Development), Phone: (416) 865-3393, Email:

Organization Profile

Equinox Minerals Limited

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890