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Prospech Ltd.
PRS.AU
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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.

Tip Ranks·04/22/2025 09:39
Tip Ranks·04/22/2025 09:39

Prospech Ltd. Reports Progress in Rare Earth and Precious Metals Exploration

Prospech Ltd. has reported progress in its rare earth and precious metals exploration in the Korsnäs region. The company announced results from its drilling and metallurgy efforts, indicating potential in exploration targets, but noted that further exploration is necessary to confirm resource estimates. Despite the inherent risks in mineral exploration, Prospech remains committed to its efforts. The company currently has a market cap of A$6.58M and a year-to-date price performance of -33.33%.

Tip Ranks·02/05/2025 09:04
Tip Ranks·02/05/2025 09:04
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