InvestSMART

Prospect Resources Limited (ASX:PSC)

ALERT: Price-sensitive ASX Announcement for PSC
Current share price for PSC : $0.295 0 (0%)+
Announcement
Release
25 Jun 2026 8:19AM
Price at Release
$0.295
Full Release
download
Summary
Prospect Resources Limited has reported strong metallurgical test results from the Kabikupa deposit within Zambia's Copperbelt region, achieving copper recoveries exceeding 94% and producing high-quality concentrates with over 25% copper content. These results indicate that the Kabikupa deposit is suitable for conventional mineral beneficiation techniques. The company plans to continue exploration and drilling at the site to further expand its resource base. The Mumbezhi Copper Project, encompassing Kabikupa, remains a central focus for Prospect's operations in the region.
Key Points
  • Prospect Resources Limited conducted a metallurgical test program for the Kabikupa deposit.
  • Testwork used composites from transition and low-grade fresh materials.
  • Flotation tests achieved copper recoveries exceeding 94%, producing concentrates with over 25% copper.
  • The Kabikupa deposit is amenable to conventional mineral beneficiation techniques.
  • Prospect Resources plans further drilling and exploration at Kabikupa to expand resources.
  • The Mumbezhi Copper Project, located in Zambia's Copperbelt, is a key focus for the company.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.