Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Ausmon Resources Limited ( (AU:AOA) ) has issued an update.
During the December 2024 quarter, Ausmon Resources Limited continued its exploration activities across various regions in Australia. The company made significant progress in its rare earth elements exploration at Limestone Coast, South Australia, with submissions to the Department of Energy and Mining for drilling approvals. Additionally, plans are underway for further drilling in Queensland and New South Wales, highlighting the company’s strategic focus on expanding its mineral resource base. These activities are expected to enhance Ausmon’s industry positioning by potentially increasing its resources and providing new opportunities for growth.
More about Ausmon Resources Limited
Ausmon Resources Limited is an exploration company focused on discovering and developing rare earth elements, cobalt, lead, zinc, silver, and copper resources in Australia.
Current Market Cap: A$2.41M
See more data about AOA stock on TipRanks’ Stock Analysis page.