Prospech Ltd. (AU:PRS) has released an update.
Prospech Ltd. has announced the completion of its first modern diamond core drilling at the Korsnäs high-grade rare earth element (REE) project in Finland, a significant step since the 1970s. The program, which drilled over 1,000 meters, aimed to confirm the project’s REE potential and gather material for metallurgical testing. This advancement, underpinned by a €432,250 EU grant, sets the stage for a maiden JORC compliant resource estimate and advances the understanding of the site’s metallurgy.
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