Ausmon Resources Limited
AOA.AX
Australian Securities Exchange0.00
AUD
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Ausmon Resources Limited
AOA.AX
(Australian Securities Exchange)
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yld
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ROIC.AI
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- Ausmon Resources Limited (ASX:AOA) is an Australia-based mineral exploration company focused on acquiring, exploring and evaluating tenements prospective for precious and base metals as well as rare earth elements. Incorporated in 2008 and headquartered in Sydney, the company holds 100% owned exploration licenses across New South Wales, South Australia, Western Australia and Queensland, targeting gold, silver, copper, cobalt, nickel, zinc and rare earth elements deposits including those in Loxton/Parilla sands formations; its principal projects encompass the Cobalt, Nickel and Zinc project at EL 8745, EL 8746 and EL 8747 near Broken Hill NSW, the Pooraka gold project at EL 6413 and EL 8424 NSW, the Koonenberry copper project at EL 6400 NSW, the Limestone Coast rare earth project spanning EL 6795 Parrakie, EL 6796, EL 6797, EL 6807, EL 6975 and the newly granted EL 7015 in South Australia covering approximately 3,549 square kilometers, lithium prospects at EL38/3718 Barneys and EL38/3719 Neckersgat in Western Australia, and rare earth exploration at EPM29075 in Queensland. The company operates exclusively in Australia with a strategy to prove mineral resources and advance toward mining through systematic field exploration, soil sampling, geophysical surveys, aircore and RC drilling programs. In recent developments, Ausmon Resources completed rare earth elements drilling across its South Australia tenements in May 2025, reported promising assay results from the East Borehole prospect at EL 9220 Enmore NSW in April 2025 including PXRF scan data from RC holes in March 2025, commenced field exploration for rare earths in Queensland in April 2025, drilled multiple phases at Parrakie EL 6795 SA yielding high-grade rare earth concentrations in 2024, secured new tenements EL 7015 SA and EPM29075 QLD for rare earth exploration in late 2024, initiated RC drilling at East Borehole EL 9220 in May 2024, received allocations of exploration credits under the Junior Minerals Exploration Incentive scheme in 2024, and continues advancing ground IP surveys and soil sampling at Broken Hill area tenements EL 9220, EL 9224 and EL 9230.