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