Ausmon Resources Limited (ASX:AOA) Commences REEs Drilling in South Australia
Drilling Commencement
Ausmon Resources Limited has initiated Aircore drilling for Rare Earth Elements (REEs) at Limestone Coast, South Australia, within the Parrakie, Wilkawatt, Peake, and Wolseley tenements.
Exploration Program Details
The four tenements span a total area of 2,529 km² in the Murray Basin, targeting Loxton/Parilla sands prospective for REEs. The current program plans 1,000 meters of shallow Aircore drilling with an average depth of 18 meters, focusing on Wilkawatt and Peake adjacent to Parrakie, and undertaking drilling in Wolseley for the first time.
Environmental and Safety Measures
Drilling operations will be conducted along council road verges to minimise disruption to public and private properties and local flora, under the approval of local councils and the EPEPR of the Department of Energy and Mining of South Australia. The company has engaged the same South Australia-based contractors and crew from previous successful drilling programs. Samples will be initially scanned on site with Vanta pXRF and selected samples sent to ALS Laboratory for assays, reducing program costs. Results will be announced upon receipt.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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