Prospech Ltd. (AU:PRS) has released an update.
Prospech Ltd. reports promising results from their recent drilling at the Korsnäs Mine Tailings Storage Facility, revealing high levels of rare earth elements, particularly a 29% enrichment of neodymium and praseodymium. These findings, based on 523 assays from 57 drill holes, indicate a 56% increase in total rare earth oxides compared to earlier grab samples. The company is advancing with the resource estimate and has engaged experts to guide further metallurgical studies and proof-of-concept tests.
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