Prospect Resources: Nyungu Central Drilling and Exploration Update
Key points
- Nyungu Central infill drilling yields high-grade copper intersections
- Aircore drilling at Shikezi identifies significant copper anomalies
- Regional exploration drilling underway at Chipimpa and Kamafamba
- Mumbezhi Scoping Study on track for Q1 2027 release
Full summary
Prospect Resources Limited has provided an update on its ongoing Phase 3 drilling and regional exploration programs at the Mumbezhi Copper Project in north-west Zambia. The latest infill drilling at Nyungu Central has delivered additional high-grade copper intersections exceeding 1% Cu. Aircore drilling at Shikezi has defined two significant copper anomalies approximately 2km apart, with the larger one extending over 1km of strike. Four diamond drill rigs are currently operating on site, with two rigs active at Nyungu Central and the other two completing regional exploratory drilling at Kamafamba and Chipimpa. The Mumbezhi Scoping Study remains on track for completion and release in Q1 2027.
Outlook
The company expects a strong flow of results over the coming months as laboratory turnaround times continue to improve and a large suite of assays remain pending.
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