PhosCo Completes Resource Drilling Program at Tunisia Phosphate Project; Shares Up Nearly 7%

MT Newswires Live

2025/12/18

PhosCo (ASX:PHO) completed a six-hole 431-meter resource drilling program at the SAB prospect, within the company's wholly owned Gasaat phosphate project in Tunisia, according to a Thursday Australian bourse filing.

The assays from the completed drilling are due in January 2026 and will form part of the maiden SAB resource estimate, the filing said.

PhosCo's shares jumped nearly 7% in recent trading on Thursday.

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