During a recent 18-day on-site visit, Managing Director Zac Komur, along with the in country management and geological teams, conducted field work activities across key prospects within the ~1801km2 of prospective REE tenements currently held in and around Brazilian Rare Earth’s (ASX:BRE) prospects of Monte Alto, Pele and their Sulista Projects.1 Multiple surface outcroppings were present across the targeted areas that are considered highly prospective for high grade hard rock earths. These outcrops were inspected and hard rock grab samples were collected and now at the laboratory for comprehensive assaying.
As Equinox Resources advances its exploration efforts, the Company remains committed to a systematic approach to the geological techniques used to potentially discover ultra-high grade rare earths across the ~1,800km2 of the Campo Grande Project. Shareholders can expect further updates as data becomes available and exploration progresses.
Equinox Resources Managing Director and CEO, Zac Komur, commented:
“Great to be back on the ground in Brazil, overseeing the impressive work our exploration team has achieved at Campo Grande. Traveling across our extensive tenements, I was struck by the sheer scale of our project. Our initial Rio Negro prospect represents just 1% of our total holdings for Campo Grande.
We have significant work ahead to approach our exploration in a systematic geological manner, ensuring that our investments are targeted wisely. I have full confidence in our geology team and their relentless dedication.
During my visit, I encountered multiple massive outcrop trendlines across our tenements. These have been sampled, and we are eagerly awaiting the results to strategically plan our next steps.”
Equinox Resources emphasizes that visual observations should never be considered a proxy or substitute for rigorous laboratory analyses where concentrations or grades are the factor or principal economic interest. Visual assessments alone cannot determine concentrations, grades, impurities, or any properties critical to valuations. The photos that included in this announcement will be submitted for laboratory assay to determine full suite TREO grades.
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