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Equatorial Resources Limited is an iron ore exploration and development company. The Company's iron ore projects are located in Republic of Congo (ROC). The Company focuses on advancing its existing mineral resource assets in Africa, as well as searching for opportunities in the resources sector. It operates Badondo Iron Project through a subsidiary, Congo Mining Exploration Ltd SARL (CME). The Badondo Iron Project is located in the northwest region of Republic of Congo. It focuses on targeting direct shipping ore (DSO) hematite at Badondo. It has approximately 10 drill holes, which intersects hematite mineralization over 50% Iron (Fe). The near surface down hole intersections include 41.9 meters at 62.9% Iron (Fe) in BADDD0001; 40.4 meters at 65.6% Iron (Fe) in BADDD0002; 26.4 meters at 61.9% Iron (Fe) in BADDD0003, and 13.5 meters at 61.5% Iron (Fe) in BADDD0004.