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Ausmon Resources Limited ( (AU:AOA) ) just unveiled an update.
Ausmon Resources Limited has successfully completed an Aircore drilling program within the Parrakie EL 6795 tenement in Limestone Coast, South Australia, targeting rare earth elements (REEs). The program involved drilling 21 holes to a depth of up to 20 meters, collecting 382 samples for analysis. The results will provide insights into the REEs development in the area and help identify land for further grid-based drill testing, potentially impacting the company’s exploration strategy and positioning in the REE market.
More about Ausmon Resources Limited
Ausmon Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the extraction of rare earth elements (REEs), which are critical components in various high-tech and clean energy applications.
Current Market Cap: A$4.28M
For detailed information about AOA stock, go to TipRanks’ Stock Analysis page.