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Ausmon Resources Limited ( (AU:AOA) ) has shared an update.
Ausmon Resources Limited has initiated field exploration for rare earth elements at the Turkey Hill site in central Queensland. This exploration targets a weathered sedimentary basin known for its clay-rich composition and potential rare earth element concentration, possibly sourced from nearby alkali granitic rocks. The company is using advanced scanning technology to analyze samples, with further exploration plans contingent on the results.
More about Ausmon Resources Limited
Ausmon Resources Limited is a company engaged in the exploration of mineral resources, focusing on rare earth elements. The company operates in the mining industry, with a particular interest in areas rich in rare earth elements, tin, and tungsten.
Current Market Cap: A$2.85M
Learn more about AOA stock on TipRanks’ Stock Analysis page.