Prospech Ltd. (AU:PRS) has released an update.
Prospech Ltd. has reported promising assay results from an exploration target at the Korsnäs Tailings Storage Facility (TSF) in Finland, revealing significant concentrations of Rare Earth Elements (REEs), including high levels of Total Rare Earth Oxides and NdPr Oxide. The company, through its subsidiary Bambra Oy, is continuing exploration and metallurgical testing efforts to confirm the potential economic viability of the site, which includes a historic lead mine and adjacent REE stockpile. The project benefits from good infrastructure and access, lying close to major roads and utilities.
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