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Ausmon Resources Limited ( (AU:AOA) ) just unveiled an announcement.
Ausmon Resources Limited has commenced Aircore drilling for rare earth elements in South Australia’s Limestone Coast, covering tenements Parrakie, Wilkawatt, Peake, and Wolseley. This initiative follows promising results from previous drilling programs and aims to explore potential extensions of REE deposits. The drilling will be conducted with minimal environmental impact, using local contractors and advanced scanning technology to optimize costs and efficiency. The results of the drilling program will be announced upon completion.
More about Ausmon Resources Limited
Ausmon Resources Limited is a company engaged in the exploration and development of mineral resources, with a focus on rare earth elements (REEs) in South Australia. The company operates within the Murray Basin, targeting Loxton/Parilla sands known for their potential in REEs.
Current Market Cap: A$2.85M
See more insights into AOA stock on TipRanks’ Stock Analysis page.