GMN 20.0% 0.3¢ gold mountain limited

BRE has recently reported high grade REE hard rock at Monte...

  1. 450 Posts.
    lightbulb Created with Sketch. 322
    https://hotcopper.com.au/data/attachments/5934/5934729-5f7dd8d34b4cdb9c6b92cc7a55eb105e.jpg

    BRE has recently reported high grade REE hard rock at Monte Alto (-13.346,-39.621).

    The area is known for its high weathering index

    (ref GMN Ann. pg 6 : 02/02/24 08:23 Down Under Rare Earths Element Project Update https://hotcopper.com.au/posts/72197134/single).

    We've also seen how weathering products at Monte Alto might be lead NE

    down a keel shaped valley (ref GMN post https://hotcopper.com.au/posts/71366418/single ).
    That's great, but where does it end up ?

    Maybe some gets as far as Brazil's Atlantic beaches, so hot you could toast your thong.

    ( https://en.wikipedia.org/wiki/Guarapari#:~:text=Along%20a%20roughly%20500-mile,old%20beaches%20are%20naturally%20radioactive. )

    Maybe some lodges in GMN Down Under tenements ?

    Looking at an IAC deposit (ref IXR post https://hotcopper.com.au/posts/71374334/single ) more closely it appears that the IAC Deposits may be found inside sediment heaps, not in the adjacent stream beds.

    The 3D/2D map above shows how an IAC deposit has a well-defined flat basement (quite shallow), then rises in layers within sediment mounds ( 0.51025, 33.45295 ), as if created in flash flooding events, then left stranded.

    The results of the planned exploration in February will be interesting indeed.

    GLTAH

    Disclosure : not holding BRE, IXR

 
watchlist Created with Sketch. Add GMN (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.001(20.0%)
Mkt cap ! $9.533M
Open High Low Value Volume
0.3¢ 0.3¢ 0.2¢ $16.53K 6.596M

Buyers (Bids)

No. Vol. Price($)
34 41888018 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 11342534 6
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
GMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.