Equinox Resources Limited (AU:EQN) has released an update.
Equinox Resources Limited has made significant strides in its maiden drilling program at the Rio Negro Rare Earth prospect in Brazil, with notable finds of up to 41 meters of saprolitic clay. The company has completed 45 auger drill holes, totaling 476 meters, and two Reverse Circulation drill holes, amounting to a combined 655 meters drilled. Assay results from the collected samples are expected in late June 2024, which are eagerly awaited to further assess the prospect’s potential.
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