Prospect Resources Says Drill Samples at Zambia Deposit Confirm 'Significant' by-Product Gold Mineralisation; Shares Hit 52-Week High

MT Newswires Live

01/14

Prospect Resources (ASX:PSC) said re-assayed drill samples at its Nyungu Central deposit within its Mumbezhi copper project in Zambia confirm significant by-product gold mineralisation, according to a Wednesday filing with the Australian bourse.

The remaining assays are expected late this month, and the company is set to release a mineral resource estimate at the project in the first quarter of the fiscal year, the filing said.

Shares of the company fell 4% in recent Wednesday trade and earlier hit a 52-week high.

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