Article: Equinox Signs Letter of Intent with Palabora for the Supply & Purchase of Copper Concentrates from the Lumwana Mine in Zambia

TORONTO, ONTARIO--(CCNMatthews - April 12, 2005) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Equinox Minerals Limited (TSX:EQN)(ASX:EQN) ("Equinox") is pleased to announce that its 100% owned Zambian subsidiary Equinox Copper Ventures Limited ("EQCV") has signed a Letter of Intent ("LOI") for the future supply and sale of copper concentrate from its Lumwana Project in Zambia ("Lumwana") with Palabora Mining Company ("Palabora") of South Africa.

The objective and purpose of the LOI is to conclude terms and conditions for a Long Term Contract ("Sales Agreement") between the

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