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."
PSC Price at posting:
8.7¢ Sentiment: None Disclosure: Held
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