Gold Mountain Advances REE Exploration in Brazil

Gold Mountain Limited (AU:GMN) has released an update.

Gold Mountain Limited has announced the submission of 104 drill samples from its Irajuba prospect, part of the Down Under REE Project in Brazil, signaling the continuation of its ambitious exploration efforts. The samples were collected from 11 initial drill holes which showed promising results for rare earth elements (REEs), including significant levels of magnet and heavy REEs. The ongoing exploration includes auger drilling through the rest of 2024 and into 2025, with environmental licenses secured for these activities.

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