Equinox Resources announced the imminent commencement of drilling at its Jaguaquara and Jitauna prospects within the "Campo Grande" Rare Earth Project in Bahia, Brazil.

The new targets were identified through an extensive surface sampling campaign, which has also refined the mapping of additional areas for exploration.

The drilling efforts will initially focus on Jaguaquara, located approximately 3 km from the Sulista discovery of Brazilian Rare Earths (ASX:BRE).

Exploration data from surface assays indicates high rare earth element potential, particularly in regions with thorium anomalies.

The drilling programs will leverage the company's recent $4 million capital raise, ensuring ongoing and uninterrupted exploration activities.