An update from Prospect Resources Ltd. ( (AU:PSC) ) is now available.
Prospect Resources Limited has identified a high-priority drill target at Nyungu South within its Mumbezhi Copper Project in Zambia. The discovery of a significant geochemical anomaly, coinciding with a chargeable IP anomaly, underscores the strong prospectivity of this target, which is set to be a focus in the upcoming Phase 2 drilling campaign. This development highlights the potential for expanding the company’s resource base and strengthening its position in the copper exploration sector.
More about Prospect Resources Ltd.
Prospect Resources Limited is a company operating in the mining industry, primarily focused on copper exploration and development. The company is actively engaged in exploration activities at its Mumbezhi Copper Project in north-west Zambia, where it holds an 85% interest.
YTD Price Performance: 11.11%
Average Trading Volume: 500,919
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$60.13M
For an in-depth examination of PSC stock, go to TipRanks’ Stock Analysis page.