Gold Mountain Limited (AU:GMN) has released an update.
Gold Mountain Limited has announced high-grade rare earth element (REE) results from stream sediment samples in the Irajuba tenements, indicating the potential for significant monazite-hosted REE-Nb-U-Sc mineralization. The findings have led to the design of new drill sites and the application for additional tenements to cover the promising areas. Landowner agreements and government permits are underway to facilitate further exploration.
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