Share Price ASX Code: EQN

Brazil

Rare Earth Projects

Mata da Corda Project

Equinox Resources’ Mata da Corda Project is a high-impact titanium and critical minerals project located in the prolific Arco do Alto Paranaíba region of Minas Gerais, Brazil. Covering over 970 km², the project hosts extensive zones of weathered volcanic material rich in titanium, rare earth elements (REEs), and niobium—positioning it as one of South America’s most exciting emerging mineral provinces.

High-Value Mineral Suite

Drilling and test work have confirmed the presence of a valuable heavy mineral assemblage, including:

  • Ilmenite, titanomagnetite, pseudorutile, and leucoxene – key feedstocks for the global titanium market
  • Rare Earth Elements (REEs) – with high-value magnetic rare earths such as NdPr
  • Niobium – a critical alloying metal used in advanced steels and clean energy infrastructure

These minerals occur in free-digging saprolite, offering significant cost advantages over traditional hard-rock mining operations.

Outstanding Results to Date

Recent drilling across multiple targets has returned wide, consistent intercepts from surface, including:

  • 61m @ 11.9% TiO₂
  • 4m @ 4,323ppm TREO (28% MREO)
  • 84.7% heavy mineral concentrate in deslimed sand fraction
  • Favorable grain size (~125–478 µm) enabling efficient processing

These results confirm widespread, high-grade mineralisation and strong potential for multi-product revenue streams.

Simple Processing, Scalable Development

Metallurgical testing demonstrates the project’s potential for low-cost, scalable development:

  • Gravity separation routes with no chemical reagents
  • Coarse grain size reduces energy input
  • Multi-commodity recovery potential (TiO₂, REEs, Nb)

These attributes support a streamlined development pathway toward early cashflow and long-term supply chain relevance.

Strategic Advantage

Mata da Corda offers:

  • Strong infrastructure access (roads, water, power)
  • Year-round field access and stable operating environment
  • Alignment with Western demand for secure, diversified critical minerals

Project location

Mata da Corda Region – Geology