Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
The latest announcement is out from Ausmon Resources Limited ( (AU:AOA) ).
Ausmon Resources has concentrated its March quarter activities on rare earth element exploration at its 100%-owned Limestone Coast tenements in South Australia, leveraging promising drilling results and regional discoveries in the Loxton/Parilla Sands. The company’s portfolio, which also includes cobalt, silver, zinc, lead and gold prospects in New South Wales and a tenement in Central Queensland, positions it to benefit from strong western government support for non-Chinese sources of critical minerals.
More about Ausmon Resources Limited
Ausmon Resources Limited is an Australian mineral exploration company with projects across South Australia, New South Wales and Queensland. Its primary focus is on rare earth elements within ionic clay in the Limestone Coast region, while also exploring for cobalt, silver, zinc, lead near Broken Hill and gold potential in the Tumut area, targeting commodities deemed critical to high-tech and industrial supply chains.
Current Market Cap: A$2.14M
For a thorough assessment of AOA stock, go to TipRanks’ Stock Analysis page.