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Prospect Resources to reveal lithium update

2017-06-29 proactiveinvestors.com.au
Prospect Resources (ASX:PSC) has been granted a trading halt by the ASX this morning, pending pre-feasibility study details from the Arcadia Lithium Project.

Prospect Resources Ltd makes key board appointment

2016-11-20 proactiveinvestors.com.au
The key appointment by Prospect gives the company enviable access to a wide range of potential end users.

Prospect Resources Ltd developing Africa's largest lithium project

2016-11-07 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) is focused on rapid expansion of lithium JORC Resources at the Arcadia lithium project in Zimbabwe.

Prospect Resources Ltd's Hugh Warner acquires 1.5 million shares

2016-11-03 proactiveinvestors.com.au
Prospect Resources Ltd's (ASX:PSC) executive chairman, Hugh Warner, has spent $45,000 on-market to acquire 1.5 million shares in the company.

Prospect Resources Ltd posts maiden lithium resource at company-maker Arcadia

2016-10-31 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) has defined a maiden resource estimate of 36 million tonnes grading 1.17% lithium oxide and 107ppm tantalum oxide at the Arcadia lithium project in Zimbabwe.

Prospect Resources Ltd delivers highest lithium to date from Arcadia

2016-10-25 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) has received grades peaking at 8.85% lithium oxide from drill results at the Arcadia lithium project in Zimbabwe.

Prospect Resources Ltd drills up to 3.13% lithium

2016-10-21 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) has received further assays peaking at 3.13% lithium oxide from reverse circulation drilling at the Arcadia high grade lithium project located in Zimbabwe.

Prospect Resources looks to acquire copper-cobalt project

2016-10-12 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) has signed an option agreement to acquire 90% of the Fimpimpa West Copper/Cobalt Project located in northern Zambia.

Prospect Resources Ltd receives new batch of high lithium assays in Zimbabwe

2016-10-07 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) has received assays from four more holes drilled at its Arcadia high grade lithium project located in Zimbabwe. Results included 32 metres at 1.00% lithium oxide with peak grades measuring up to 4.31% lithium oxide. This follows assays from the initial five holes which graded up to 4.35% lithium oxide. Assays from nine drill holes have been received with results from another 23 holes still pending.

Prospect Resources Ltd receives new batch of high lithium assays in Zimbabwe

2016-10-04 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) has received assays from four more holes drilled at its Arcadia high grade lithium project located in Zimbabwe. Results included 32 metres at 1.00% lithium oxide with peak grades measuring up to 4.31% lithium oxide. This follows assays from the initial five holes which graded up to 4.35% lithium oxide. Assays from nine drill holes have been received with results from another 23 holes still pending.

Prospect Resources Ltd uncovers 300 metre outcropping pegmatite

2016-09-27 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) has discovered a new 300 metre long outcrop of lithium-bearing pegmatite within the Arcadia lithium project located in Zimbabwe. This discovery is some 1.5 kilometres down dip from the known strike. Additional drill rigs are being mobilised to target this outcrop and the wider claims area. New assay results from two drill holes have also returned peak grades measuring up to 2.

Prospect Resources Ltd confirms high grade lithium with more drilling assays

2016-09-19 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) has received assays grading up to 4.37% lithium oxide from its first three reverse circulation drill holes at the Arcadia lithium project in Zimbabwe. The drill program is now complete with assay results from a further 28 holes expected over the coming weeks. Highlights from the first three holes included 3 metres at 3.05% lithium oxide and 17 metres at 1.46% lithium oxide.

Prospect Resources Ltd intersects lithium from diamond drilling at Arcadia

2016-08-31 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) has received assays including 8.25 metres at 1.74% lithium from its first five diamond holes at the Arcadia lithium project in Zimbabwe. Assays reached a peak value of 3.99% lithium. Assays are still pending for 11 diamond holes and 32 reverse circulation holes ensuring strong upcoming news flow. A maiden JORC mineral resource estimate is expected to be completed before the end of October 2016.

Prospect Resources Ltd's lithium drilling reveals 51 metre thick pegmatite

2016-08-17 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) has completed 18 holes and is still reverse circulation drilling at the Authier high grade lithium project in Zimbabwe. While assays are still pending, completed drilling has been able to identify the thickness of the pegmatites, which range up to 51 metres. Drilling is progressing rapidly at one hole per day and a second drill rig is currently being brought to site.

Prospect Resources Ltd see lithium potential with 45 metre thick pegmatite

2016-08-16 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) is awaiting assays from its maiden drill program which is underway at the Arcadia high grade lithium project in Zimbabwe. Based on current drilling, pegmatites at Arcadia, which are known to host lithium, measure up to 45 metres in thickness. 16 diamond holes are now completed and awaiting assays and 15 reverse circulation holes are complete with the program ongoing.

Prospect Resources Ltd receives another $1M from major shareholder

2016-08-10 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) has raised $1 million after a major shareholder and foundation investor subscribed for 20 million shares priced at $0.05 each. The raising follows the recently successful $16 million placement, which was increased from $14 million due to investor demand. The company is currently accelerating exploration at the Arcadia high grade lithium project in Zimbabwe. The project hosts the Arcadia Lithium Deposit, which is a historically producing mine and has an initial exploration target of 15-18 million tonnes at 3-5% lithium.

Prospect Resources Ltd reveals more high-grade lithium at Arcadia

2016-08-08 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) has now received all channel chip samples collected from the weathered exposures of the historical Arcadia pit, within the Arcadia lithium project in Zimbabwe. Of the 316 samples, the peak value was 4.37% lithium, with the full breakdown: - 6 samples return over 4% lithium; - 28 samples return over 3% lithium; - 95 samples return over 2% lithium; - 178 samples return over 1.

Prospect Resources Ltd's diamond drilling to reveal lithium potential of Arcadia

2016-08-02 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) is set to increase exploration news flow during this quarter, after wrapping up the first 16 diamond drill holes at the company's Arcadia high grade lithium project in Zimbabwe. Assays are pending. Drilling has confirmed the down dip extension of the Main Pegmatite exposed in the old Arcadia pit. The company has identified at least 14 pegmatite layers, 4 above the Main pegmatite and 9 below.

Collective $37m in WA capital raisings

2016-07-22 businessnews.com.au
Six listed resources companies operating in commodities as diverse as gold, lithium and iron ore have announced a collective $36.9 million in capital raisings.

Prospect Resources Ltd samples high grade lithium and gains funding boost

2016-07-22 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) has assayed samples of up to 4.37% lithium in its first phase of channel chip sampling at the Arcadia lithium project in Zimbabwe. The company has also received commitments to raise an additional $2 million, increasing the recent placement raising to $16 million from $14 million. Funds will be partly used to fast track the exploration and development of the recently acquired Arcadia project.

Junior miners raise $30m

2016-07-20 businessnews.com.au
Local junior miners Prospect Resources, Azumah Resources and Sipa Resources, and Melbourne-based Red River Resources, have today announced a collective $29.8 million worth of capital raisings. 

Junior miners raise $28m

2016-07-20 businessnews.com.au
Local junior miners Prospect Resources and Azumah Resources, and Melbourne-based Red River Resources, have today announced a collective $27.6 million worth of capital raisings.

Prospect Resources Ltd pockets $14M to fast track lithium drilling in Zimbabwe

2016-07-20 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) has received strong support from investors for its growing lithium portfolio in Zimbabwe. The company has commitments to raise $14 million through the issue of 280 million shares at $0.05, subject to shareholder approval. The extraordinary general meeting is to be held on 22nd July 2016. Shareholders will also vote on the issue of up to 250 million shares to sophisticated investors at no less than $0.

Prospect Resources Ltd secures option over historically producing lithium deposit

2016-07-19 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) has further strengthened its position in proven lithium projects, after securing an option to acquire the God’s Gift Lithium Deposit, northeast of Harare in Zimbabwe. The God’s Gift Lithium claims have a long history with intermittent production. They were first pegged for beryl in 1952. From this date until 1992, a total production of 315 tonnes of beryl, 2.8 tonnes of tantalite and 17 tonnes of cassiterite was declared.

Prospect Resources Ltd enhances lithium potential in Zimbabwe

2016-07-12 proactiveinvestors.com.au
Prospect Resources Ltd (ASX:PSC) has intercepted further visible spodumene bearing pegmatite (known to host lithium) with its third and fourth drill holes at the Arcadia Lithium Project in Zimbabwe. Drill hole ACD003 intercepted pegmatites totalling 17 metres and drill hole ACD004 intercepted pegmatites totalling 24.06 metres. The project hosts the Arcadia Lithium Deposit, which is a historically producing mine and has a very tidy initial exploration target of 15-18 million tonnes at 3-5% lithium.