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Gold Mountain Limited Reports High-Grade Rare Earth Mineralisation at Capivara Prospect in Brazil

Date/time : 2026-03-10 04:47 PM
Symbol :

GMN

Company : GOLDMOUNTN FPO [GMN]
Price : 0.082
Market cap : 7,200,000
O/S : 87,999,671
Exchange :

AU

Industry :

Gold

Full story

Gold Mountain Limited discovered consistent high-grade rare earth mineralization at the Capivara Prospect within the Down Under Project in Brazil. Assay results showed thick, shallow rare earth mineralized profiles with high TREO grades and favorable MREO ratios, indicating potential for further expansion of the mineralized system. Metallurgical test work is underway, and resource definition drilling is planned.