Ausmon Resources Limited (AU:AOA) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ausmon Resources Limited has initiated a two-hole Reverse Circulation (RC) drilling program at the East Borehole Prospect, in the Enmore EL 9220 area near Broken Hill, NSW, to investigate IP chargeability anomalies. These anomalies were identified following an IP survey, and the location is cleared for drilling after an environmental survey confirmed no significant impacts. This exploration aims to assess the prospect’s potential for cobalt and base metal resources.
For further insights into AU:AOA stock, check out TipRanks’ Stock Analysis page.