Prospect Resources Says Metallurgical Testwork at Zambia Project Returned High-Grade Copper Concentrates

MT Newswires Live
19 May

Prospect Resources (ASX:PSC) said metallurgical testwork on primary sulfide samples from the Nyungu Central deposit, at the Mumbezhi copper project in Zambia, returned high-grade saleable copper concentrates with excellent recoveries, according to a Monday Australian bourse filing.

A representative fresh composite sample achieved a copper concentrate with 24.6% grade of copper and 9,000 parts-per-million of cobalt at 96.2% copper recovery after a single cleaning stage. After two cleaning stages, a copper concentrate grading 33.3% of copper and 2,800 ppm grade of cobalt was produced with 90.1% recovery of copper.

Test work on transitional material from the Nyungu Central deposit, along with fresh sulfide material from the Kabikupa deposit, is currently being conducted.

Its shares fell 4% on Monday's close.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10