Ausmon Resources Expands REE Exploration in Queensland

Ausmon Resources Limited (AU:AOA) has released an update.

Ausmon Resources Limited has secured a new tenement, EPM 29075, in the Drummond Basin, Queensland, for rare earth elements (REE) exploration until 2029. The area, rich in historically REE-enriched granitic rocks, will be subject to an initial work program that includes historic exploration compilation and various geological and geochemical surveys. The company is targeting REE mineralization within the weathered sedimentary layers, potentially offering a significant opportunity for resource discovery.

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