Prospech Ltd. (AU:PRS) has released an update.
Prospech Ltd. has reported encouraging assay results from the Korsnäs Mine Tailings Storage Facility, revealing high concentrations of rare earth elements with a significant 29% enrichment of neodymium and praseodymium. The drilling program, which consisted of 57 holes, showed a 56% increase in total rare earth oxides compared to previous grab sample data. The company is advancing its Korsnäs REE project with upcoming diamond drilling programs, metallurgical studies, and efforts to complete a JORC mineral resource estimate.
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