Prospech Limited published an updated mineral resource estimate for its Korsnäs REE project in central Finland. Incorporating additional data from the company’s 2024 drilling campaign and assay data from historic core, the updated resource represents a 90% increase in tonnage compared to the previous estimate. At a 0.5% TREO cut-off grade, the new estimate returned 13.5t @ 1.02% TREO.
In addition to the resource, the company also defined an exploration target of 9 to 11 million tons @ 0.9% to 1.1% TREO, along strike of the current resource.
Korsnäs MRE at different cut-off grades (Source: www.prospech.com.au)
