Equinox Resources (ASX: $EQN) secures drilling authorization at Campo Grande rare earth project

Equinox Resources Limited (ASX: $EQN) has received environmental and land access authorisation to commence drilling at its newly established 'Campo Grande' Rare Earths Project in Bahia, Brazil. The project covers an area of 1,755.2 km2, and the Company has strategically staked areas within the region for future conversion into commercial operations, avoiding environmentally sensitive areas in the region.

CEO Zac Komur's commentary on Campo Grande rare earth project

Our exploration team has uncovered multiple outcrops and identified key exploration targets through regional geophysics studies, setting the stage for the next phase of our project. We are committed to partnering with a team whose expertise and innovative approaches will maximize the efficiency of our drilling campaign. The region's unique mineralization profile opens up a wide array of downstream opportunities for us to pursue and bolsters our confidence in the project's potential.

Summary of Campo Grande rare earth project and outlook

Equinox Resources has secured environmental and land access authorisation for its Campo Grande Rare Earths Project, allowing the commencement of inaugural drilling. The project's strategic location and the discovery of multiple outcrops and saprolitic rare earth sand and clay formations present promising opportunities. The Company's commitment to responsible exploration and evaluation of drilling proposals reflects its dedication to safety and productivity. Equinox's focus on maximizing the efficiency of the drilling campaign and the region's unique mineralization profile underpin the project's potential for downstream opportunities. The upcoming drilling program, including auger and RC drilling, aims to further explore the identified anomalies and targets. The project's proximity to key infrastructure and logistical advantages positions it favorably for future development and operations.