Prospech Ltd. ( (AU:PRS) ) has issued an announcement.
Prospech Limited has announced significant assay results from the Korsnäs mine, confirming the continuity and scale of high-grade REE mineralization. The latest assays reveal high-grade zones under and around the old lead mine workings, indicating the potential for further resource expansion. The discovery of heavy rare earth enrichment, including notable Terbium and Dysprosium, enhances the strategic value of the deposit. With additional samples being analyzed, Prospech anticipates further updates, which could impact the company’s resource estimates and industry positioning.
More about Prospech Ltd.
Prospech Limited is a company operating in the mining industry, focusing on the exploration and development of rare earth elements (REE) and other mineral resources. The company is particularly involved in projects that leverage historical mining sites, such as the Korsnäs mine in Finland, which was originally mined for lead but is now recognized for its extensive REE mineralization.
YTD Price Performance: -10.0%
Average Trading Volume: 544,788
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$8.88M
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