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The latest announcement is out from Gold Mountain Limited ( (AU:GMN) ).
Gold Mountain Limited has made significant progress in its exploration activities during the fourth quarter ending June 30, 2025, particularly with the commencement of diamond drilling at the Irajuba prospect in Brazil. The company has defined an exploration target of 30-50 million tonnes grading 1,100-1,600 ppm TREO, with high-grade rare earth elements intercepted in multiple drill holes. This advancement highlights the potential scale of the mineralized system, promising further exploration and development opportunities, thereby strengthening Gold Mountain’s position in the critical minerals market.
More about Gold Mountain Limited
Gold Mountain Limited is involved in the exploration and development of mineral projects, focusing primarily on lithium, copper, and rare earth elements in Brazil and Papua New Guinea. The company is engaged in developing high-quality prospects in some of Brazil’s most promising regions for critical mineral exploration.
Average Trading Volume: 34,651
Technical Sentiment Signal: Sell
Current Market Cap: A$11.11M
For detailed information about GMN stock, go to TipRanks’ Stock Analysis page.