PSC 6.45% 14.5¢ prospect resources limited

Ann: Omaruru Phase 2 Drilling Commences, page-2

  1. xya
    87 Posts.
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    A small frisson of excited anticipation to stir the hibernation?
    "Prospect anticipates that Phase 2 drilling will take approximately six weeks to complete. First
    assays are expected to be returned before the end of January.
    The completion of Phase 2 drilling is also expected to see Prospect advance its next earn-in
    stage at Omaruru, which will result in the Company’s ownership stake in Omaruru increasing
    to 51%."
    "Omaruru offers excellent potential for Prospect to delineate a maiden JORC reportable lithium
    Mineral Resource estimate and identify new deposits to build a project of sufficient scale, as
    well as establishing a strategic position in Namibia, providing an attractive growth pipeline in
    the battery minerals sector and continued investment in a desirable jurisdiction of sub-Saharan
    Africa."
 
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