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Ausmon Resources Limited (ASX:AOA)

ALERT: Price-sensitive ASX Announcement for AOA
Current share price for AOA : $0.001 -0.001 (-50%)+
Release
16 Mar 2026 3:30PM
Price at Release
$0.002
Full Release
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Summary
The document details the results of drilling programs conducted by Ausmon Resources Limited at Peake, Wilkawatt, and Parrakie locations. The drilling involved the completion of numerous Aircore holes, providing significant assay results for Total Rare Earth Oxides (TREO). The assays indicated high concentrations of rare earth elements in certain sections, with notable results from the lab assays in July 2025. The document also mentions amendments to previous drilling results from the announcement on 24th February. The exploration is part of the company's ongoing efforts in mineral resource evaluation, with the results showing promising potential for rare earth elements extraction.
Key Points
  • Drilling was completed at Peake, Wilkawatt, and Parrakie with significant assays for Total Rare Earth Oxides (TREO).
  • The drilling program involved 57 Aircore holes totaling 1,001 meters with an average depth of 18 meters.
  • Laboratory assay results were provided in July 2025.
  • Significant assays include results like 2m @ 689.04 ppm and 1m @ 1,452.73 ppm of TREO.
  • A total of 23 vertical holes was completed for 418 meters in September 2025.
  • Amendments were made to the previous drilling results release dated 24th February.
  • The report includes detailed results from various drill holes, revealing high concentrations of rare earth elements in certain sections.
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.