Prospech Ltd. (AU:PRS) has released an update.
Prospech Ltd. has announced promising assay results from their Korsnäs rare earth element (REE) project in Finland, revealing high-grade concentrations including an average of 2.55% total rare earth oxides (TREO) and notable enrichment in neodymium-praseodymium oxide (NdPrO). These findings, combined with a recent EU grant, highlight the Korsnäs project’s potential as a significant REE supplier. The pre-mined and easily accessible stockpile presents an opportunity for early production using modern separation techniques to achieve higher grade concentrates.
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