Equinox Resources has initiated a significant step forward in its Campo Grande Project in Bahia, Brazil, with the discovery of multiple rare earth element (REE) outcrops and saprolitic clay formations across its targeted areas. The project, spanning 1,755.2 km², has received environmental and land access authorizations, paving the way for the commencement of the company's first drilling operations.
This development follows comprehensive geophysical studies that identified key exploration targets, aiding in the meticulous planning of the upcoming drilling campaign. The enthusiasm for this venture is shared among several drilling contractors, who have visited the site and presented their proposals, eager to play a role in the project's advancement.
Situated in a promising REE province, Campo Grande has been strategically developed by Equinox Resources. The company has taken careful measures to stake areas that could be transitioned into commercial operations while steering clear of environmentally sensitive zones. This approach not only aligns with sustainable practices but also minimizes potential hurdles in securing future mining approvals.
Zac Komur, CEO of Equinox Resources, shared insights into the preparatory work carried out by the exploration team. Their efforts in identifying geophysical anomalies and engaging with local landowners have laid a solid foundation for the drilling phase. The team's dedication to thorough groundwork underscores the project's potential and Equinox Resources' commitment to responsible exploration.
As the project moves into its drilling phase, the discoveries at Campo Grande highlight the ongoing interest and investment in rare earth element exploration, a sector critical for the production of high-tech and green energy solutions. Equinox Resources' progress in Bahia represents a noteworthy development in the quest to expand and diversify the global REE supply chain.
