Equitas Resources Corp. : Equitas Resources Corp. Provides Exploration Update for the DAY Copper-Gold Porphyry Project- British Columbia, Canada

VANCOUVER, BC -- (Marketwire) -- 12/15/11 --

Equitas Resources Corp. /
Equitas Resources Corp. : Equitas Resources Corp. Provides Exploration
Update for the DAY Copper-Gold Porphyry Project- British Columbia, Canada

Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement.

Equitas Resources Corp. (TSXv: EQT, FSE: T6U1) (the
'Company') is pleased to provide the following update on the 2011
exploration at
the company's Day copper- gold porphyry project in the Toodoggone
region of
north-central British Columbia. The property is situated approximately
190
kilometres north of Smithers, B.C., and 50 kilometres south of the
historic
Kemess South mine.

The Day copper-gold project encompasses approximately 7,100 hectares with
five
historic showings named Day, Roy, Porcupine, Raven and A Chalcocite.

The company has completed initial groundwork consisting of surveying,
mapping,
and sampling , and has completed an initial exploration hole at the Roy
Showing
(see press release dated November 11, 2011). Vertical drill hole EQ1 1-
001 was
completed to a depth of approximately 280.42 metres, within the central
part of
the historically trenched area. The drill hole is situated along the
northeast
flank of a large magnetic anomaly. Results are as follows:

- EQ1 1-001: 3.05 to 126.00 m (122.95 m): 0.64 g/tAu, 0.11% Cu -
(includes):
56.90 to 110 m (53.10 m): 0.81 g/t Au, 0.13% Cu
The entirety of EQ1 1-001 was anomalous in gold mineralization, with an
average
grade of 0.4 g/t Au and 0.07% Cu across 277.37 metres.

The company is encouraged by these results and intends to complete an 8
to 10-
hole drill program during the summer of 2012 at the Day Property. The
primary
focus of that program will be to expand upon the mineralization at
the Roy
Showing and confirm the high-grade mineralization previously encountered
at the
Day and Porcupine showings.

For comparative purposes, Thompson Creek Metals' Mount Milligan Copper -
Gold
mine (currently under construction), is reported to contain proven and
probable
reserves of 531 .8 Mt at an average grade of 0.20% Cu and 0.34 g/t Au
(October
13, 2009).

The company continues to evaluate various additional copper-gold porphyry
targets both in and outside of British Columbia as part of an asset
acquisition
strategy.

Patrick Kluczny, P.Geol., a Qualified Person as defined by National
Instrument
43-101, has read and approved the contents of this news release.

About Equitas Resources Corp.

Equitas is a junior exploration and development company focused on
creating
shareholder value through discovery. The Company is at the early stage
of the
value creation process focused primarily on copper gold porphyry
targets,
including the Day Copper-Gold Porphyry Project located in the Toodoggone
region
of north central British Columbia. For more

information please visit the Company's website at
http://www.equitasresources.com or email info@equitasresources.com.

On Behalf of the Board of Directors Equitas Resources Corp.

'Jay Roberge'

The TSX Venture Exchange has not reviewed and does not accept
responsibility for
the adequacy or accuracy of the content of this News Release.
Statements in this press release which are not purely historical are
forward-
looking statements, including any statements regarding beliefs, plans,
expectations or intentions regarding the future. Forward-looking statements
in
this news release include that an 8-10 drill hole program will be commenced
at
the start of drilling season the primary focus of which will be verifying
high-
grade mineralization and delineating the size of the Day, Roy and Porcupine
deposits, and that with the seasonal closure of exploration at the Day
Project
the Company will focus efforts on the stated business strategy to acquire
additional copper-gold porphyry assets in and outside ofBritish Columbia.
It is important to note that actual outcomes and the Company's actual
results
could differ materially from those in such forward-looking statements.
Risks and
uncertainties include, but are not limited to, economic, competitive,
governmental, environmental and technologicalfactors that may affect the
Company's operations, markets, products and prices. Readers should refer to
the
risk disclosures outlined in the Company's Management Discussion and
Analysis of
its auditedfinancial statements filed with the British Columbia Securities
Commission.

This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Equitas Resources Corp. via Thomson Reuters ONE

[HUG#1571580]

Jay Roberge

President/Director

Tel:604.681.1568