Equinox Resources Limited (AU:EQN) has released an update.
Equinox Resources Limited has started Phase 1 of RC drilling at their Mata da Corda Rare Earth Project in Brazil, following the discovery of high-grade rare earth elements and significant titanium dioxide anomalies in surface clay samples. The drilling aims to explore the depth of these high-grade clays and understand the mineralization profile, with the project showing potential for substantial TREO concentrations across its extensive area. This development could signal a promising future for the company as it expands exploration on promising geological features within the district-scale project.
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