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Prospect Resources Ltd. ( (AU:PSC) ) has issued an announcement.
Prospect Resources Ltd has announced a maiden Mineral Resource estimate for its Mumbezhi Copper Project in Zambia, highlighting significant copper mineralization at the Nyungu Central and Kabikupa deposits. The company has also received environmental and mining licenses, allowing for further exploration and potential development. A strategic investment by First Quantum Minerals will support Prospect’s future exploration efforts, positioning the company for growth in the copper industry.
More about Prospect Resources Ltd.
Prospect Resources Ltd is a company engaged in the exploration and development of mineral resources, with a focus on copper projects. The company is actively involved in the Mumbezhi Copper Project in Zambia, where it aims to expand its resource base and enhance its exploration activities.
YTD Price Performance: 66.67%
Average Trading Volume: 827,686
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$85.9M
Find detailed analytics on PSC stock on TipRanks’ Stock Analysis page.