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Prospech Ltd. ( (AU:PRS) ) has provided an announcement.
Prospech Ltd. has commenced a 1,600-metre diamond drilling program at its Korsnäs REE project in Finland, aiming to confirm the continuity and scale of high-grade rare earth zones. The initiative also seeks to gather additional material for metallurgical testwork and update the existing JORC Mineral Resource Estimate. Preliminary results from a recent seismic survey have identified potential new mineralized zones, reinforcing the project’s prospects. This development marks a significant step forward in Prospech’s efforts to optimize its resource base and enhance its industry positioning.
More about Prospech Ltd.
Prospech Ltd. operates in the mining industry, focusing on the exploration and development of rare earth elements (REE) projects. The company is engaged in activities aimed at confirming and expanding high-grade REE zones, with a particular emphasis on the Korsnäs project in Finland.
Average Trading Volume: 768,774
Technical Sentiment Signal: Sell
Current Market Cap: A$7.85M
See more insights into PRS stock on TipRanks’ Stock Analysis page.