Australian Mines Limited (AU:AUZ) has released an update.
Australian Mines Limited has announced promising results from its soil sampling program at the Resende Project in Brazil, revealing significant rare earth element values. The company has identified two follow-up areas with high Total Rare Earth Oxide (TREO) concentrations and noted encouraging tin anomalies, suggesting potential for a large tin system. These findings could boost interest in Australian Mines’ exploration efforts and impact their stock performance.
For further insights into AU:AUZ stock, check out TipRanks’ Stock Analysis page.