Looking great
Ausmon Resources (ASX:AOA) is actively drilling for rare earth elements (REEs) right now across multiple tenements in South Australia’s Limestone Coast region, including Parrakie, Wilkawatt, Peake, and Wolseley2.
️ Current Drilling Program Highlights
Objectives
- Drilling Type: Aircore
- Depth: ~18 metres average
- Target Formation: Loxton–Parilla Sands—same REE-rich zone as AR3 and Kaili
- Tenement Coverage: Over 2,500 km² in this campaign alone
- Tech Used: Onsite pXRF scanning + lab assays at ALS
Ausmon is clearly chasing scale and grade—and they’re doing it in the right neighborhood.
- Identify ionic clay-hosted REE extensions
- Validate high-grade hits from earlier campaigns (e.g. 1,253 ppm TREO at Parrakie)
- Reduce assay costs and fast-track resource definition
Industry Context
Ausmon’s grades are better than both AR3 and Kaili, and they’re in the same geological zone. That’s a strong signal that AOA could be sitting on something significant.
Company Grade (ppm TREO) Deposit Style Notes 1 Ausmon (AOA) >1,200 ppm Ionic clay Early-stage, strong grades 2 AR3 ~712 ppm Ionic clay Established JORC resource 3 KLR ~356 ppm Ionic clay Thin intercepts, speculative
If they confirm continuity across more holes and move toward a JORC resource, this could be a major catalyst.
Ausmon’s Standout Hits
Grade Range (ppm TREO) Industry Classification 1 < 300 ppm Low grade 2 300–750 ppm Moderate grade 3 750–1,200 ppm High grade 4 > 1,200 ppm Very high grade
Ausmon has reported:
These are very high-grade by ionic clay standards, especially considering:
- 1m @ 1,253.9 ppm TREO
- 1m @ 1,156.8 ppm TREO
- 1m @ 1,015.2 ppm TREO
- 1m @ 1,019.4 ppm TREO
Why It Matters
- They’re from shallow depths (~12–19m)
- Hosted in the Loxton–Parilla Sands, a proven REE-bearing formation
- Magnetic REEs (Nd, Pr, Dy, Tb) are present—these are the most valuable
High-grade ionic clay REEs are easier to process and cheaper to mine than hard rock deposits. Ausmon’s grades not only beat Kaili’s early results—they’re competitive with or better than some of the most advanced clay-hosted projects in Australia.
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Mkt cap ! $3.933M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $3.109K | 1.036M |
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No. | Vol. | Price($) |
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43 | 66820110 | 0.2¢ |
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Price($) | Vol. | No. |
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0.4¢ | 20331978 | 27 |
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No. | Vol. | Price($) |
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42 | 103330410 | 0.001 |
0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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0.004 | 20331978 | 27 |
0.005 | 14733651 | 13 |
0.006 | 4050000 | 10 |
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