Prospech Ltd. (AU:PRS) has released an update.
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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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