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Equinox Resources Limited ( (AU:EQN) ) has provided an update.
Equinox Resources Limited has reported promising drill assay results from its ongoing exploration at the Mata da Corda Titanium Project in Brazil. The results reveal high-grade titanium dioxide intercepts, with significant mineralization found near the surface across multiple targets. This indicates a substantial potential for resource development, with only a small fraction of the project area explored so far. The company is continuing its drilling efforts and testwork to optimize titanium recovery, aiming to establish a maiden Mineral Resource Estimate. These developments could enhance Equinox’s positioning in the mineral resources market and offer substantial benefits to stakeholders.
More about Equinox Resources Limited
Equinox Resources Limited is a company in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in extracting high-grade titanium and other valuable minerals such as ilmenite, leucoxene, and titanomagnetite. Its operations are centered around the Mata da Corda Titanium Project in Minas Gerais, Brazil, which spans a significant area and shows potential for multi-commodity mineralization.
Average Trading Volume: 187,830
Technical Sentiment Signal: Hold
Current Market Cap: A$12.39M
For detailed information about EQN stock, go to TipRanks’ Stock Analysis page.