Equinox Resources will initiate drilling activities at its Mata da Corda Rare Earth Project in Minas Gerais State, Brazil.

The project spans approximately 975km2 and has reported surface sample grades of up to 5,024ppm total rare earth oxides.

The company has secured land access for drill targets at the Patos de Minas and Lagoa Formosa prospects and is working to finalise approvals for other high-grade tenements in the Chumbo prospect.

The Secretary of State for Environment and Sustainable Development of Minas Gerais also obtained an environmental licensing waiver for priority targets.

Equinox has procured its auger drill rigs to optimise costs and ensure rapid sample turnaround. The initial phase of the drilling plan involves auger drilling at depths of up to 20m.