Prospech Ltd. (AU:PRS) has released an update.
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Prospech Ltd has initiated a significant diamond core drilling program at the Korsnäs rare earth elements project in Finland, aiming to confirm and extend the known high-grade REE mineralisation. The drilling, which is the first since the 1970s, will not only provide material for metallurgical testing but also contribute to the establishment of a maiden JORC compliant resource estimate. This advancement follows successful assay results from historic core samples which have substantiated the presence of high-grade REE targets and expanded the mineralisation’s known reach.
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