Prospect Resources Expands Mumbezhi Copper Resource with Phase 3 Drilling πβοΈ
Prospect Resources (ASX: PSC) is accelerating growth at its Mumbezhi Copper Project in Zambia, delivering a major resource upgrade while launching a large-scale Phase 3 drilling campaign.
With Mumbezhi now expanded to 208.1Mt @ 0.49% CuEq, Prospect is building a growing copper-gold-cobalt development story in the heart of the Zambian Copperbelt.
Upgraded MRE grows to 208.1Mt @ 0.42% Cu / 0.49% CuEq
877,100t contained copper across a growing multi-deposit system
20% increase in tonnage & 14% increase in contained copper
Gold resource jumps 106% following extensive re-assays
Maiden West Mwombezhi resource added to the project footprint
Phase 3 drilling underway β ~26,000m program targeting growth & new discoveries
Multiple high-priority regional targets being tested across the broader Mumbezhi district
Metallurgical work progressing toward a planned scoping study
Share Price: $0.320
Market Cap: $274.53M
Prospect continues to scale up Mumbezhi into a potentially significant, district-scale copper opportunity with growing polymetallic upside. With resource growth, expanding gold credits, active drilling and strong exposure to the global copper thematic, PSC is positioning for sustained news flow through 2026.
Read More: https://colitco.com/prospect-resources-limited-accelerates-mumbezhi-growth/
β οΈ Disclaimer: This is not an investment advise, please do your own research for any investment decisions.
