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An announcement from Ausmon Resources Limited ( (AU:AOA) ) is now available.
Ausmon Resources Limited has announced a new drilling program in the Limestone Coast area of South Australia, targeting Rare Earth Elements within the Parrakie EL 6795 tenement. This initiative follows previous drilling programs that identified significant mineralization trends over a large area. The upcoming drilling aims to provide a deeper understanding of the REE potential and prepare for more extensive grid-based testing later in the year, which will involve community consultations and access agreements for drilling on freehold land.
More about Ausmon Resources Limited
Ausmon Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is particularly involved in the extraction of Rare Earth Elements (REE) and is actively exploring opportunities in South Australia.
Current Market Cap: A$4.28M
See more insights into AOA stock on TipRanks’ Stock Analysis page.