Gold Mountain Limited (AU:GMN) has released an update.
Gold Mountain Limited has reported promising high-grade rare earth element (REE) assays from channel samples at the Irajuba tenements in Brazil, indicating a strong potential for new discoveries in the area. The results show a significant presence of magnet and heavy REEs, which are in high demand for future technologies. As the company focuses on defining resource areas with further drilling, these findings represent a major advancement in its greenfield exploration efforts.
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