Prospech Ltd. Announces Korsnäs Rare Earth Resource Estimate

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

Prospech Ltd. has reported an initial JORC Code 2012 Inferred Mineral Resource Estimate for its Korsnäs project, highlighting a resource of 7.1 million tonnes at 1.08% Total Rare Earth Oxides (TREO) with a lower cut-off grade of 0.5% TREO. This announcement may attract investors interested in rare earth elements as the company also identifies an exploration target of up to 12 million tonnes with a higher TREO percentage. Investors are encouraged to conduct due diligence given the early-stage nature of the resource estimate.

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