Gold Mountain Limited (AU:GMN) has released an update.
Gold Mountain Limited has announced the discovery of highly promising lithium assays in the Salinas II Project, with samples yielding up to 672 ppm lithium, indicating a strong potential for rich LCT pegmatites. The anomalies cover extensive areas in the Bananal Valley and Agua Boa tenements, with plans for further mapping and drilling to develop targets commencing in mid-September. No significant results were noted in the Pedra Grande tenement.
For further insights into AU:GMN stock, check out TipRanks’ Stock Analysis page.