GMN 25.0% 0.3¢ gold mountain limited

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

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 498 Posts.
    lightbulb Created with Sketch. 406
    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(25.0%)
Mkt cap ! $11.72M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $1.2K 400K

Buyers (Bids)

No. Vol. Price($)
3 1433332 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 27351908 21
View Market Depth
Last trade - 11.28am 04/10/2024 (20 minute delay) ?
GMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.