Equinox toughens up with titanium ahead of Mata da Corda maiden resource

Equinox shows off shallow, high-grade titanium ahead of a maiden resource
Results solidify multi-commodity Mata da Corda as a portfolio standout

Special Report: Equinox Resources has returned a suite of shallow titanium intercepts it says has strengthened the multi-commodity Mata da Corda project’s position ahead of a maiden resource in Minas Gerais.

The Brazilian batch, headlined by a standout 52m at 9.8% titanium dioxide strike, brought in significant grades from the top 10m of the Patos and Pindaibas prospects which cover a scant 1.4% of the project’s 972km².

It comes as Equinox Resources (ASX:EQN) looks toward its maiden resource in the first half of next year.

Equinox managing director Zac Komur said the company was systematically advancing its portfolio to deliver long-term shareholder value, and these outstanding results highlight the immense potential value of an exceptional asset pegged late last year.

“High-grade, thick titanium intercepts at surface lay a solid foundation for delivering a maiden mineral resource estimate by the first half of CY2025,” Komur said.

“As we progress drilling at the Patos and Pindaibas prospects, our focus remains on unlocking the project’s full potential, creating additional value, and solidifying Mata da Corda as one of the standout projects in our portfolio.”

Komur added that, concurrently, Equinox was conducting comprehensive testwork on heavy mineral characterisation and continuing exploration across the broader project to further enhance its profile.

“Drilling is also underway at the Campo Grande rare earths project, with assay results pending, further contributing to the growing momentum across our Brazilian projects portfolio,” he said.

“Meanwhile, at the Alturas antimony project, we are advancing geological work to assess its scale, while activities continue on progressing the Hamersley iron ore project.

“We remain committed to delivering results across all our projects, achieving key milestones, and creating significant value for our shareholders as we move forward.”

Over 1130 meters of diamond drilling has been completed to date with more assays coming. Pic: Equinox Resources

Significant results

Titanium dioxide intercepts included:

4m at 15.6% TiO2 from 5m
2m at 15.0% TiO2 from 9m
15m at 13.6% TiO2 from surface
12m at 13.2% TiO2 from surface
7m at 12.7% TiO2 from surface
5m at 13.2% TiO2 from surface; and
52m at 9.8% TiO2 from surface.

Equinox says the exploration programme is advancing steadily and has already made significant progress in defining the project’s high-grade potential.

Alongside the 1370 metres of diamond drilling yet to be done, the company is planning for 30 auger holes to ensure coverage over the highest priority targets as EQN finalises its geological model ahead of the maiden estimate.

Ongoing metallurgical work over drill core samples is focusing on optimising titanium extraction processes and developing a conceptual processing flowsheet in parallel, with results set to play a critical role in defining the plans for Mata da Corda.

This article was developed in collaboration with Equinox Resources, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.