Equinox Resources Limited (AU:EQN) has released an update.
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Equinox Resources Limited is set to begin drilling operations at its Mata da Corda Rare Earth Project in Brazil after securing environmental approval and land access for high-grade prospects. The project has shown promising surface sample grades, peaking at 5,024ppm TREO, indicating a significant rare earth element presence. The company’s investment in their own auger drill rigs is expected to expedite the drilling process, reduce costs, and accelerate the delivery of sample results.
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