Red Mountain Mining Ltd (AU:RMX) has released an update.
Red Mountain Mining Ltd has completed its final sampling of REE clay at Monjebup, collecting 81 additional samples to finalize their extensive exploration program. The samples, which are being analyzed for high concentrations of rare earth elements (REEs), will inform the company’s upcoming maiden aircore drilling plan. Results from these samples are anticipated in the next 4 to 6 weeks as the company looks to assess the thickness of the anomalous clays.
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