Prospech Ltd. (AU:PRS) has released an update.
Prospech Ltd has finished auger drilling and sampling of the Lanthanide concentrate stockpile at their Korsnäs project in Finland, revealing significant potential for rare earth element (REE) exploitation. The stockpile, a remnant from historical operations of the Korsnäs mine, along with the Tailings Storage Facility (TSF), is pre-mined and readily available for potential extraction. Prospech is gearing up for further exploration with a drilling program to investigate at least six known parallel REE mineralized zones in July-August 2024.
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