Gold Mountain Limited (AU:GMN) has released an update.
Gold Mountain Limited has reported promising initial results from its Ronaldinho Project, with high-grade rare earth elements (REE) detected in stream sediment samples. The findings suggest the potential for significant REE mineralization in the area, and the company is preparing for drilling by securing landowner agreements and environmental permits. Future plans include extensive sediment sampling, radiometric traversing, and a focus on locating ultra-high grade hard rock deposits.
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