Equinox Resources reports significant rare earth and titanium discoveries

Equinox Resources Limited (ASX:EQN) has announced highly encouraging results from its ongoing Reverse Circulation (RC) drilling campaign at the Mata da Corda Rare Earths Project in Minas Gerais, Brazil. The initial exploratory RC drill results from 7 holes have returned high-grade rare earth and titanium dioxide results, with significant intercepts. The total Rare Earth Oxide (TREO) and composition of Magnetic Rare Earth Oxide (MREO) intercepts indicate substantial high-grade mineralisation, confirming the project's potential for multi-commodity mineralisation.

Equinox Resources Managing Director, Zac Komur, comments on the results

We are excited by the consistently high grades of both rare earth elements and titanium mineralisation identified across multiple zones at our Mata da Corda project. Significant intercepts, such as 4323 ppm TREO and 15.5% TiO2, highlight the exceptional multi-commodity potential of this asset. These results confirm the scale and quality of the project, reinforcing Mata da Corda's importance in our growth strategy. With a robust rare earth system and substantial titanium grades across a vast 972 km² total project area, Mata da Corda is quickly establishing itself as a world-class multi-commodity project. We are confident that further drilling will unlock even greater potential and value.

Outlook for Mata da Corda Project

The recent RC drilling campaign focused on shallow-depth targets and near-surface mineralisation, providing a strong foundation for more extensive exploration across the broader project area. The ongoing diamond drilling, alongside the Company's auger drill rigs, is critical for gathering data to advance exploration and refine the targeting of high-priority tenements. Pending assay results from high-grade surface sample areas are anticipated in the coming weeks, which will provide further insights into the project's multi-commodity potential. Equinox Resources remains optimistic about the potential to significantly expand its project base and unlock greater value through further exploration.