Ausmon Resources Limited (AU:AOA) has released an update.
Ausmon Resources Limited is expanding its exploration activities with the acquisition of a new tenement, EL 7015 Peake, which covers 757 km2 in South Australia’s mineral-rich Limestone Coast. This addition increases the company’s total land position for rare earth element (REE) exploration to approximately 4,306 km2, with plans underway for an upcoming drilling program following environmental and rehabilitation program approval. The move is inspired by neighboring exploration successes, signaling potential growth in the REE sector.
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