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An announcement from Equinox Resources Limited ( (AU:EQN) ) is now available.
Equinox Resources Limited has announced significant findings from its Campo Grande Project, highlighting high-grade rare earth element (REE) discoveries in both the Central and Northern Blocks. The recent surface sampling and drilling results have confirmed a near-surface REE system, with notable grades up to 17,346 ppm TREO. This discovery positions Equinox strategically within a region known for its rich rare-earth corridor, potentially enhancing its market position and offering promising prospects for stakeholders.
More about Equinox Resources Limited
Equinox Resources Limited operates within the mining industry, focusing on the exploration and development of rare earth elements (REE). The company is engaged in projects that aim to identify and exploit high-grade REE deposits, with a particular emphasis on magnet rare earth oxides (MREO) which are crucial for various high-tech applications.
Average Trading Volume: 300,091
Technical Sentiment Signal: Buy
Current Market Cap: A$14.63M
For a thorough assessment of EQN stock, go to TipRanks’ Stock Analysis page.