Prospect Resources Ltd. (AU:PSC) has released an update.
Prospect Resources Ltd announced the acquisition of an 85% interest in the Mumbezhi Copper-Cobalt Project in Zambia, highlighting its potential as a low-cost, large-scale open pit mine. The company’s exploration efforts at the Step Aside Lithium Project in Zimbabwe and the Omaruru Lithium Project in Namibia are progressing with promising assay results and drilling programs. With a strong cash position and no debt, Prospect Resources is advancing its battery and electrification metals portfolio with these key projects.
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