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Ausmon Resources Limited (ASX:AOA)

ALERT: Price-sensitive ASX Announcement for AOA
Current share price for AOA : $0.002 0 (0%)+
Announcement
Release
4 Mar 2026 3:30PM
Price at Release
$0.002
Full Release
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Summary
Ausmon Resources Limited reported the results from a drilling program conducted in February 2026 at the Beelitz Prospect in South Australia's Limestone Coast. This exploration focused on identifying rare earth elements (REEs) at the Wilkawatt EL 6975 and Peake EL 7015 tenements. The laboratory assays, conducted by ALS Laboratory, revealed significant concentrations of Total Rare Earth Oxides (TREO), with key results including 2 meters at 631.3 ppm from 16-18 meters depth and 2 meters at 631.0 ppm from 15-17 meters depth. The drilling aimed at defining potential REE resource areas for future detailed grid-based drilling. The exploration was guided by previous findings and ongoing community support, and involved a total of 20 vertical holes averaging a depth of 18 meters each. The results are considered promising and will inform further exploration efforts to estimate REE resources at the site.
Key Points
  • Received drilling results for rare earth elements at Beelitz Prospect.
  • Drilling conducted in February 2026 in Limestone Coast, South Australia.
  • Significant Total Rare Earth Oxide (TREO) results identified.
  • Key assay results: 2m @ 631.3 ppm TREO from 16-18m and 2m @ 631.0 ppm TREO from 15-17m.
  • 20 vertical holes drilled at an average depth of 18 meters.
  • Results to inform future grid-based drilling and REE resource estimation.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.