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Ausmon Resources Limited ( (AU:AOA) ) has issued an update.
Ausmon Resources’ December quarter report highlights its strategic shift toward rare earth elements exploration in South Australia’s Limestone Coast, leveraging promising drilling results and broader regional successes in ionic clay-hosted REE mineralisation within the Loxton/Parilla Sands. By consolidating 100% ownership of four key Limestone Coast tenements and maintaining diversified exposure to base and precious metals in Broken Hill and Tumut, the company is positioning itself to benefit from strong Western government support for non-Chinese REE supply chains while preserving upside in cobalt, silver, zinc, lead and gold for its shareholders.
The most recent analyst rating on (AU:AOA) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Ausmon Resources Limited stock, see the AU:AOA Stock Forecast page.
More about Ausmon Resources Limited
Ausmon Resources Limited is an Australian mineral exploration company focused primarily on rare earth elements (REEs) in the Limestone Coast region of South Australia, where it holds 100% interests in four tenements totaling 2,529 km², as well as a tenement in Central Queensland. The company also maintains exploration tenements in the Broken Hill area targeting cobalt, silver, zinc and lead, with drill-ready targets at Enmore, and has identified gold exploration potential in two tenements in the Tumut region of New South Wales.
Current Market Cap: A$2.85M
For detailed information about AOA stock, go to TipRanks’ Stock Analysis page.