Equinox Resources Limited (AU:EQN) has released an update.
Equinox Resources Limited is set to begin drilling operations at its Mata da Corda Rare Earth Project in Brazil after securing environmental approval and land access for high-grade prospects. The project has shown promising surface sample grades, peaking at 5,024ppm TREO, indicating a significant rare earth element presence. The company’s investment in their own auger drill rigs is expected to expedite the drilling process, reduce costs, and accelerate the delivery of sample results.
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