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Gold Mountain Limited ( (AU:GMN) ) has provided an update.
Gold Mountain Limited has identified several zones of significant lithium anomalies at its Salinas South Project in Brazil’s Lithium Valley. The discovery includes zones up to 12 km long, with lithium and tantalum anomalies, and two significant gold anomalies, indicating strong potential for future development. The company plans to conduct further soil sampling and mapping to define drilling targets, while also focusing on its rare earth elements project at Irajuba.
More about Gold Mountain Limited
Gold Mountain Limited is an Australian company operating in the mining industry, focusing on lithium, copper, and rare earth element (REE) projects primarily in Brazil and Papua New Guinea. The company is actively exploring and developing these resources, with a significant emphasis on lithium projects in Brazil’s Lithium Valley.
Average Trading Volume: 113,619
Technical Sentiment Signal: Sell
Current Market Cap: A$11.9M
For a thorough assessment of GMN stock, go to TipRanks’ Stock Analysis page.