Some new info in this report which is another strong step forward and builds on the confidence of Mumbezhi. The standout drill result of 49m at 0.52% copper not only confirms thick, high-grade mineralisation but also validates PSC’s updated structural model. That’s a big deal, as it means they now have a clearer roadmap for targeting further extensions, and it’s already paying off with mineralisation now confirmed to extend both east and west at Nyungu Central.
The metallurgical results are equally encouraging. Producing high-grade copper concentrate with excellent recovery using a simple flotation process significantly reduces processing risk and potential costs. With FQM now involved as both a technical and strategic partner, this sets us up for continued momentum. All signs point to a growing resource base and a more compelling development case heading into the second half of the year.
H2 will be a busy and positive time for PSC!
PSC Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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