Ausmon Resources Limited ( (AU:AOA) ) just unveiled an announcement.
Ausmon Resources Limited has received approval from the Department of Energy and Mining to proceed with a drilling program for rare earth elements along road verges in Limestone Coast, South Australia, scheduled for May 2025. Additionally, significant zinc intersections have been identified at their Broken Hill site in New South Wales, with further drilling planned for the June 2025 quarter, potentially impacting their exploration strategy and market positioning.
More about Ausmon Resources Limited
Ausmon Resources Limited is involved in the exploration of rare earth elements and various minerals such as cobalt, lead, zinc, silver, and copper. The company operates primarily in Australia, focusing on regions like Limestone Coast in South Australia and Broken Hill in New South Wales.
Current Market Cap: A$2.85M
For an in-depth examination of AOA stock, go to TipRanks’ Stock Analysis page.