Red Mountain Mining Ltd (AU:RMX) has released an update.
Red Mountain Mining Ltd has reported encouraging results from an additional 81 clay samples at their Monjebup project, revealing significant rare earth element anomalies and extending the high-interest area further east. The company is planning a trenching program to investigate the depth and lateral extent of these rare earth element bearing clays, which could lead to aircore drilling if results are promising. Red Mountain’s portfolio also includes lithium and gold projects in the USA and Australia, with their flagship project in Nevada.
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