tiprankstipranks
Company Announcements

Australian Mines Unveils Major Mineral Anomalies in Brazil

Australian Mines Unveils Major Mineral Anomalies in Brazil

Australian Mines Limited (AU:AUZ) has released an update.

Australian Mines Limited has announced the discovery of significant tin, tantalum, and lithium anomalies at its Resende Lithium Project in Brazil, surpassing regional results and indicating a promising area for further exploration. The findings stem from a targeted stream sediment sampling program covering seven drainage basins, suggesting potential for pegmatite-greisen related mineralization similar to nearby mines. The company plans to proceed with a comprehensive soil sampling program to pinpoint drilling targets.

For further insights into AU:AUZ stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1