Impressive High-Grade Results Extend Mineralisation Along 15km Trend
Equinox Resources (ASX: EQN) has reported exceptional drill results from its ongoing exploration at the Mata da Corda Titanium Project in Minas Gerais, Brazil, confirming broad zones of high-grade titanium dioxide mineralisation from surface.
The latest drilling campaign, which included 92 new holes totalling 1,305 metres across three prospects, delivered multiple standout intercepts including 36m at 13.9% TiOâ‚‚, 37m at 13.0% TiOâ‚‚, and 26m at 15.9% TiOâ‚‚ – all starting from surface and ending in mineralisation.
These results build upon the company's previous drilling, with over 6,100 metres now completed across just 6.4% of the massive 972.46 km² project area, suggesting significant exploration upside remains.
"These results continue to reinforce the scale and quality of the Mata da Corda Titanium Project. We're seeing consistently high-grade titanium dioxide from surface, across multiple targets, highlighting the strength of this emerging district," said Equinox Resources Managing Director, Zac Komur.
Key Highlights from the Latest Drilling
| Drill Hole | Intercept | TiOâ‚‚ (%) | TREO (ppm) | Nbâ‚‚Oâ‚… (ppm) |
|---|---|---|---|---|
| DD25_072 | 36m from surface | 13.9% | 3,885 | 855 |
| DD25_075 | 37m from surface | 13.0% | 2,500 | 741 |
| DD25_071 | 26m from surface | 15.9% | 2,940 | 855 |
| DD25_080 | 27m from surface | 13.2% | 3,326 | 833 |
| DD25_077 | 28m from surface | 12.7% | 2,983 | 730 |
| DD25_086 | 22m from surface | 15.9% | 2,963 | 977 |
| DD25_083 | 24m from surface | 10.5% | 2,972 | 637 |
| DD25_074 | 19m from surface | 13.1% | 3,103 | 743 |
What makes these results particularly significant is that the titanium mineralisation is hosted within a high-value heavy mineral assemblage dominated by ilmenite, leucoxene, and titanomagnetite – minerals that are generally amenable to conventional processing methods.
Understanding Titanium Mineral Assemblages: Why They Matter to Investors
For investors new to titanium resources, understanding the mineral assemblage is crucial for evaluating a project's economic potential. The Equinox Resources Mata da Corda Titanium Project hosts titanium primarily in the form of ilmenite, leucoxene, and titanomagnetite – forms of titanium that can be processed using established, conventional methods.
This mineral assemblage is particularly valuable because:
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Processing Simplicity: These minerals can be extracted and processed using well-established technologies, reducing technical risk.
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Multiple Revenue Streams: Beyond titanium, the presence of rare earth elements (REE) and niobium creates potential for valuable by-products.
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Market Demand: Titanium dioxide is in high demand globally for its use in pigments (paints, plastics, paper), aerospace applications, and various high-tech industries.
The project's consistent grades, with most intercepts exceeding 13% TiOâ‚‚, compare favourably to other global titanium deposits, particularly given their location near surface and potentially amenable to low-cost mining methods.
Project Development and Future Plans
Equinox is advancing the Mata da Corda Titanium Project on multiple fronts:
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Ongoing Drilling: Additional assays are pending from the current campaign, with further drilling planned to extend the known mineralisation.
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Metallurgical Testwork: Studies are underway to optimise titanium dioxide recovery rates.
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Resource Definition: Work is progressing toward a maiden Mineral Resource Estimate, which will provide the first formal quantification of the project's scale.
The three main prospects drilled to date – Olegario South, Lagoa Formosa, and Patos – have demonstrated consistent mineralisation across a cumulative area of 12.8 km². However, this represents just a fraction of the total project area, suggesting significant exploration upside remains.
Why Investors Should Follow Equinox Resources
Equinox Resources' Mata da Corda Titanium Project shows several compelling qualities that may interest investors:
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Scale Potential: With only 6.4% of the project area tested to date, there's significant potential for resource growth.
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Consistent High Grades: Drill results consistently show 10-16% TiOâ‚‚ from surface, potentially supporting strong project economics.
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Multi-Commodity Potential: The presence of rare earth elements (averaging 2,500-3,500 ppm TREO) and niobium (averaging 700-900 ppm Nbâ‚‚Oâ‚…) may provide valuable by-products.
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Near-Surface Mineralisation: All significant intercepts start from surface, suggesting amenability to simple, low-strip ratio mining.
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Favourable Mineralogy: The dominant ilmenite-leucoxene-titanomagnetite assemblage is generally amenable to conventional processing.
As global demand for titanium continues to grow, driven by its use in pigments, aerospace applications, and emerging technologies, projects with Mata da Corda's characteristics – large scale, high grade, and favourable metallurgy – are increasingly rare and valuable.
Equinox Resources appears well-positioned to advance this emerging titanium district, with multiple catalysts ahead including further drill results, metallurgical optimisation, and a maiden resource estimate that could begin to quantify the true scale of this discovery.
Interested in This High-Grade Titanium Investment Opportunity?
Discover more about Equinox Resources' impressive Mata da Corda Titanium Project, with its exceptional 10-16% TiO₂ grades from surface and significant exploration upside across a massive 972.46 km² area. With only 6.4% of the project area tested so far and potential for valuable rare earth and niobium by-products, this emerging titanium district offers compelling investment potential. Head to eqnx.com.au for comprehensive details about the company and upcoming project developments.
