Ausmon Resources Limited (AU:AOA) has released an update.
Ausmon Resources Limited has begun a new phase of drilling for rare earth elements at Parrakie EL 6795 in South Australia, with plans to drill up to 50 holes totaling 1,200 meters. This follows promising initial results, including significant intersections of total rare earth oxides (TREO) and high-grade Zirconium. The company is also preparing to expand drilling activities to four additional REE projects within the year.
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