Prospect Resources Ltd. ( (AU:PSC) ) just unveiled an announcement.
Prospect Resources Ltd. has successfully validated the use of Induced Polarisation (IP) geophysics as an effective targeting tool at its Nyungu Central deposit within the Mumbezhi Copper Project in Zambia. The acquisition and interpretation of historical IP data from Anglo American have confirmed strong correlations with mineralization, enhancing the company’s exploration strategy. The approval of the Environmental and Social Impact Assessment by the Zambia Environmental Management Agency and the upcoming Phase 2 drilling program underscore the project’s potential to expand the copper mineralization footprint significantly.
More about Prospect Resources Ltd.
Prospect Resources Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in projects within the Central African Copper Belt, particularly targeting copper deposits.
YTD Price Performance: -1.11%
Average Trading Volume: 328,188
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$50.97M
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