Prospect Resources Ltd Stock Market Press Releases and Company Profile

View in Other Languages Prospect Resources Ltd (ASX:PSC)最新动态——钻遇45米伟晶岩矿段 Prospect Resources Ltd (ASX:PSC) Market Update - Pegmatite Intercepts up to 45m Prospect Resources Ltd (ASX:PSC)最新動態——鑽遇45米偉晶岩礦段 
Market Update - Pegmatite Intercepts up to 45m
Market Update - Pegmatite Intercepts up to 45m

Perth, Aug 16, 2016 AEST (ABN Newswire) - Prospect Resources Ltd (googlechartASX:PSC) are pleased to provide a Company Presentation titled 'High Grade Lithum and High Grade Gold Projects,' including a Market Update regarding Pegmatite Intercepts up to 45m.

Option - High Grade Arcadia Lithium Deposit

- Initial Exploration Target of 15-18Mt at 3-5% Li2O

- Arcadia Lithium Deposit lies within one of the three well known Zimbabwe lithium camps, approx. 35kms east northeast of Harare.

- Intermittent production from 1954 to 1972, produced over 15,000 tonnes of mixed lithium ore.

- Two rounds of historical drilling in 1969 and 1981, confirmed that the pegmatite extends at least 1,500m along strike, with very high grades (ranging from 3.5% - 5.5% Li2O).

- All Arcadia Lithium deposits have been the subject of previous exploration and have exhibited lithium bearing pegmatites.

- Maiden drill programme underway - all holes have intercepted lithium bearing pegmatites

-- 16 diamond drill holes completed and awaiting assay

-- 15 RC holes completed and RC programme ongoing

-- Approx. 14 pegmatites layers. Lower pegmatite up to 45m in thickness

To view the presentation, please visit:
http://abnnewswire.net/lnk/285W474Z


About Prospect Resources Ltd

Prospect Resources Ltd ASX PSCProspect Resources Limited (ASX:PSC) is based in Australasia with operations in Zimbabwe and is a publicly listed company. We are committed to creating value for Prospect's shareholders and the communities in which our company operates. Our vision is to build a Southern African based mining company of international scale.

abnnewswire.com 


Contact

Prospect Resources Ltd
T: +61-8-9217-3300
E: info@prospectresources.com.au
WWW: www.prospectresources.com.au



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