Prospect Resources announces the Company executes conditional offtake and conditional placement and framework agreement to fully fund construction of mine and plant for prospect's Arcadia Lithium Project. Highlights: - Prospect Resources Ltd. executes conditional Placement and Framework Agreement with Sinomine Resources Exploration Co. Ltd. and Sinomine International Exploration Co. Ltd. . - Conditional Placement and [...]
Prospect Resources is pleased to report on another busy quarter of activities. Summary of Significant Announcements in the Quarter and up to the date of this announcement: 3 July o Release of Pre-Feasibility Study for Arcadia Lithium Project 11 July o New corporate presentation 19 July o First lithium samples sent to customers 3 August o Significant Mineral Resource Estimate upgrade - Arcadia Lithium Project 4 [...]
Perth, Australia (ABN Newswire) - Prospect Resources Ltd. (ASX:PSC) announces the Company produces battery grade lithium carbonate from Arcadia petalite. Highlights: - Battery grade >99.5% lithium carbonate produced in Prospect Resources' custom laboratory, Kwekwe, Zimbabwe - Notable metallurgical high lights: o In-house Ion Exchange process being optimised o 7.8 kg of crude lithium carbonate and just under 1 kg of [...]
Perth, Australia (ABN Newswire) - Prospect Resources Ltd. (ASX:PSC) announces the Government of Zimbabwe, through the Ministry of Mines and Mining Development and the Ministry of Finance & Economic Development, has granted National Project Status to Prospect Resources' Arcadia Lithium Deposit. Summary: - Prospect Resources has applied for and The Government of Zimbabwe has approved our application for National Project [...]
Perth, Australia (ABN Newswire) - Prospect Resources Ltd. (ASX:PSC) (the "Company") is pleased to announce a further increase in the Mineral Resource estimate at its flagship Arcadia Lithium Deposit in Zimbabwe to 72.7 Mt at 1.11% Li2O (0.2% Li2O cut off). Of importance is the conversion of all the Inferred Resource from the conceptual pit design into Indicated and Measured categories. This increase in confidence in the [...]
Prospect Resources is pleased to announce the delineation of a new mineralised zone; the Basal Pegmatite. Highlights: Delineation of new mineralised zone; the Basal Pegmatite - Average grade of 1.29% Li2O over 16.8m, with peak grade of 4.06% Li2O o Notable high grade intercepts of: -- 3.40% Li2O over 5m -- 2.45% Li2O over 10m -- 2.54% Li2O over 8m o Covers an area of at least 35 hectares. This mineralised zone, which [...]
Prospect Resources is pleased to announce the results from its in pit grade control sampling program completed at the Arcadia Lithium Project in Zimbabwe. Trial Mining has now been completed with some 260t of Main Pegmatite being generated to supply additional material for ongoing metallurgical test work in Johannesburg, as well as to provide feed to the lithium carbonate pilot plant that has been established by the [...]
Prospect Resources has had an extremely busy 12 months and has achieved several significant milestones at its flagship Arcadia Lithium Project. Containing over 1.85Mt Lithium Carbonate Equivalent (LCE), Arcadia is the largest code compliant hard rock lithium deposit in Africa and in the top 10 world-wide. Our next target will be finalising off-take agreements and sourcing funding for Arcadia, and we intend to commence [...]
Prospect Resources provides the Company's latest Presentation titled 'Investment Outline - Arcadia Lithium Project'. Arcadia Lithium Project Summary - Conveniently located to Rail, Road and Power Infrastructure - Compelling Project Investment Returns - Near Term Lithium Concentrate Supply - No Committed Offtake - Various Discussions Ongoing Pre Feasibility Study Completed, Largest JORC Hard Rock Lithium Mineral [...]
Prospect Resources is pleased to announce the commencement of its bulk sampling and pre development grade control programs at its Arcadia Lithium Project in Zimbabwe. Targeting the Main Pegmatite, the Company intends to generate approximately 20t of pegmatite to provide material for ongoing metallurgical optimisation studies as well as feed for the Company's newly established pilot lithium chemical facility. The bulk [...]
Prospect Resources is pleased to announce a further increase in the Mineral Resource estimates at its flagship Arcadia Lithium Deposit in Zimbabwe to 66.6Mt at 1.13% Li2O. Of importance is the significant conversion of Inferred Resources into Indicated and Measured categories based on infill drilling completed in the last quarter. This increase in confidence in the mineral resource classification can now allow further [...]
Prospect Resources is pleased to report on another busy quarter of activities. Summary of Significant Announcements: 5 April - Update of Pre-Feasibility Study (PFS) timing and New Website 5 June - Receipt of Environmental Approval to Build the Arcadia Lithium Mine 13 June - Acquisition of Option - Good Days Lithium Project 26 June - High Grade Spodumene Confirmed at Good Days Lithium Project 3 July - PFS Confirms [...]