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Gold Mountain Limited ( (AU:GMN) ) just unveiled an announcement.
Gold Mountain Limited announced the discovery of extensive lithium anomalies at its Salinas South Project in Brazil’s Lithium Valley. The anomalies, identified from 38 stream sediment samples, cover a 5.8 km stretch and suggest the presence of significant lithium deposits associated with a major granite body. The company plans further exploration through soil sampling and mapping to define drill targets, enhancing its potential in this promising region.
More about Gold Mountain Limited
Gold Mountain Limited (ASX: GMN) is a company engaged in the exploration and development of mineral projects, particularly focusing on lithium, copper, and rare earth elements in Brazil and Papua New Guinea. Their projects include various regions known for lithium and copper resources, with a significant presence in Brazil’s emerging lithium hotspot, the Lithium Valley.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$9.16M
See more data about GMN stock on TipRanks’ Stock Analysis page.