Prospech Ltd. Reports 90% Increase in Korsnäs REE Resource
Prospech Ltd. has reported a 90% increase in the Inferred Mineral Resource Estimate for its Korsnäs Rare Earth Elements project in Finland, now totaling 13.5 million tonnes at 1.02% TREO. This update, based on recent drilling and historical sampling, enhances the geological model and confirms the project's potential as a major European rare earth resource. The company plans further exploration to expand the resource, impacting the European rare earth supply chain.
Prospech Ltd. ( (AU:PRS) ) has issued an update.
Prospech Ltd. has announced a significant update to its Korsnäs Rare Earth Elements project in Finland, with a 90% increase in the Inferred Mineral Resource Estimate, now totaling 13.5 million tonnes at 1.02% TREO. This update, based on recent drilling data and historical core sampling, enhances the company’s geological model and confirms the project’s potential as a major European rare earth resource. The company plans further exploration and development to expand the resource, with the potential to significantly impact the European rare earth supply chain.
More about Prospech Ltd.
Prospech Ltd. is a company operating in the rare earth elements (REEs) industry, focusing on the exploration and development of REE resources. Its primary project is the Korsnäs REE project in Finland, which aims to contribute to the European rare earths supply chain.
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