Equinox Resources (ASX: $EQN) announces commencement of RC drilling at Mata da Corda

Equinox Resources Limited (ASX: $EQN) has commenced the Phase 1 RC drilling program at its Mata da Corda Rare Earth Project in Brazil. The drilling aims to test the depth of the clay profile across ultra-high grade clay surface sample areas, with additional assay results confirming ongoing high-grade REE clays and significant anomalies in Titanium dioxide.

Executive commentary on Mata da Corda drilling and surface sample results

The Managing Director of Equinox Resources, Zac Komur, expressed satisfaction with the additional surface sample results, highlighting exceptional district-scale targets at Mata da Corda. He mentioned the partnership with a cost-effective RC drilling contractor and the utilization of auger drill rigs to gain a comprehensive understanding of the clay profile and map the clay horizon zoning. Additionally, the same drilling contractor has mobilized a drill rig to commence operations at the hard rock monazite sand project in Campo Grande.

Summary of Mata da Corda drilling and surface sample results

Equinox Resources Limited (ASX: $EQN) has initiated the Phase 1 RC drilling program at its Mata da Corda Rare Earth Project, with significant high-grade REE clays and Titanium dioxide anomalies identified from surface samples. The company's Managing Director, Zac Komur, emphasized the exceptional district-scale targets and the utilization of cost-effective drilling methods to explore the project area. The drilling program is expected to provide valuable insights into the behavior of the grades at depth, offering promising potential for the project's future prospects.