Equinox Resources reports key exploration results

Equinox Resources (ASX:EQN) has announced significant findings from its exploration at the Rio Negro Prospect in the Campo Grande Rare Earth Project, Brazil. The exploration confirmed exceptional rare earth mineralization, with the highest Total Rare Earth Oxide (TREO) grade reaching 7890 ppm. The prospect shows potential for further expansion.

Summary of Equinox Resources' exploration announcement

Equinox Resources has confirmed high-grade mineralization at the Rio Negro Prospect, part of the Campo Grande Project in Brazil. Key findings include rare earth elements, gallium, and bauxite, with standout TREO grades and gallium intercepts. The prospect shows potential for significant expansion, and ongoing drilling will focus on high-grade zones. Equinox aims to advance exploration and unlock the site's full potential, addressing global demand for critical minerals.

Executive commentary on exploration success

The project's potential and strategic importance of the findings are highlighted by Equinox Managing Director Zac Komur. The company is optimistic about unlocking the full value of the Campo Grande Project.