- Prospect Resources (PSC) has received a non-refundable US$200,000 (around A$270,000) deposit for the potential sale of the Penhalonga Gold Project
- Las Vegas-based private investment firm Luzich Partners has paid the up-front fee ahead of doing its due diligence on the Zimbabwean project
- Luzich has 180 days to decide whether to go ahead with the acquisition, and will pay a further US$800,000 (around A$1.08 million) to finalise the purchase
- Prospect is seeking to offload Penhalonga as it concentrates on bringing the Arcadia Lithium Project online
- Prospect Resources is up 3.57 per cent to 14.5 cents per share
Prospect Resources (PSC) has received a non-refundable US$200,000 (around A$270,000) deposit for the potential sale of the Penhalonga Gold Project.
Las Vegas-based private investment firm Luzich Partners has paid the up-front fee ahead of doing its due diligence on the Zimbabwean project.
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