Equinox Resources exploration update

Equinox Resources (ASX:EQN) has released an update on its exploration and drilling activities in Brazil. The company is focused on the Campo Grande Rare Earths and Mata da Corda Titanium Projects. Both sites show potential for multi-commodity mineralisation. Drill operations are complete, and assay results are expected from late December 2024 to early February 2025. A Mineral Resource Estimate for Mata da Corda is anticipated by mid-2025.

Equinox Resources' strategic exploration outlook

Equinox Resources is advancing its projects in Brazil with substantial drilling completed at the Campo Grande and Mata da Corda sites. The company aims to release assay results and a maiden Mineral Resource Estimate for Mata da Corda by the first half of 2025. This strategy underlines Equinox's ambition to establish economically viable mineral resources. With ongoing metallurgical testing, Equinox is committed to optimizing extraction processes and furthering development plans for its projects.

Executive commentary on exploration progress

The exploration and technical data were compiled and evaluated by Sergio Luiz Martins Pereira, the in-country Exploration Manager for Equinox Resources, who is a member of the Australian Institute of Geoscientists.