Equinox Resources Limited (AU:EQN) has released an update.
Equinox Resources Limited has announced promising high-grade surface sample results from its Mata da Corda Rare Earth Project in Brazil, with significant levels of rare earth elements and titanium dioxide anomalies, indicating the potential for a large-scale, high-grade deposit. The company’s sampling across the project area has identified robust drill targets and is progressing towards the commencement of a drilling program in the third quarter of 2024. These results bolster the company’s prospects for developing a valuable rare earth and secondary titanium product.
For further insights into AU:EQN stock, check out TipRanks’ Stock Analysis page.