Prospect Resources (ASX:PSC) defines REE anomalies at Chishanya
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Prospect Resources (PSC) identifies two large rare earth element anomalies at its Chishanya Carbonatite Project in Zimbabwe
The anomalies, dubbed Chishanya Hill and Baradanga Ridge have been outlined from a soil sampling program
213 samples from these areas are valued at over 1170 parts per million (ppm) total rare earth oxides (TREO) and eight are valued at over 2330ppm TREO
Based on the results, Prospect has exercised the option to purchase the adjoining Chishanya tenements and will undertake further sampling
Company shares are up 1.54 per cent to trade at 33 cents
Prospect Resources (ASX:PSC) brings new CFO on board
Lithium developer Prospect Resources (PSC) has appointed Ian Goldberg as its new Chief Financial Officer
Prospect has described the appointment as a key addition while it seeks to finalise offtake agreements and financing for its Arcadia lithium project in Zimbabwe
The new CFO s most recent role was with Tiger Resources, a copper producer in the Democratic Republic of Congo, and has held a number of similar roles at producing mining companies across Africa and Australia
PSC says Ian s commercial capabilities are hoped to compliment PSC s own pathway to production.
Prospect Resources shares are off 2.78 per cent on the market, trading at 17.5 cents each
2020: Anchor for Zim's success herald.co.zw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from herald.co.zw Daily Mail and Mail on Sunday newspapers.
2020: Anchor for Zim’s success
Lovemore Chikova
Development Dialogue
Covid-19 hit our shores with devastating consequences in 2020, affecting business and ultimately slowing the development trajectory set by President Mnangagwa’s Government.
We are not yet out of the woods with regards to this disease, but there is hope and optimism that 2021 will bring better tidings.
Although Covid-19 played some tricks on the country, it was not all doom and gloom when it came to the implementation of developmental programmes.
If I was allowed to name 2020 in developmental terms, I would call it “The Anchor of Development in Zimbabwe”.
For it was indeed the year in which the country set the base for future development and made all the fundamentals right as a prerequisite for a massive take-off in development.
Zim set to dine with big hitters of lithium thezimbabwedaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwedaily.com Daily Mail and Mail on Sunday newspapers.