Prospech Ltd. (AU:PRS) has released an update.
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Prospech Ltd. has announced encouraging results from its first modern diamond drilling program at the Korsnäs project, indicating significant rare earth element (REE) mineralization, particularly in neodymium and praseodymium. The findings not only confirm historical data but also offer promise for the REE potential of the site, with more assay results from historic cores pending. The company is optimistic as the initial results suggest a correlation between old and new drill intercepts, enhancing the prospects for developing a resource estimate.
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