Gold Mountain Reports Strong Rare Earth Drill Results at Down Under Project.

Gold Mountain Limited (ASX: GMN) has announced auspicious drill results from its Down Under Rare Earths Project, with assays received from 159 samples across 19 drill holes. The results confirm excellent grades of Total Rare Earth Oxides (TREO) and particularly high proportions of Magnet Rare Earth Oxides (MREO), with intersections showing up to 47% MREO/TREO over 8 metres. A standout hole, IRAD299, recorded 15 metres at 1,849 ppm TREO with 41.1% MREO/TREO, including 8 metres at 2,215 ppm TREO.

The results also highlight the presence of thick mineralised profiles, open at depth, suggesting significant potential beyond initial targets. Resource drilling is now being prioritised in the IR-2 and IR-5 areas, supported by geological mapping and additional intersections above the 400 ppm TREO cut-off. With ongoing diamond drilling at IR-1 and expansion plans in place, the company is well-positioned to advance its resource definition and metallurgical testing.

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