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Prospect Resources Expands Mumbezhi Copper Resource by 63%, Raises A$45 Million for Phase 3 Drilling
8:58am on Thursday 23rd of April, 2026 AEST
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Mining
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Prospect Resources Expands Mumbezhi Copper Resource by 63%, Raises A$45 Million for Phase 3 Drilling
8:58am on Thursday 23rd of April, 2026 AEST
Key Points
Mumbezhi Mineral Resource Estimate grows to 174Mt at 0.50% CuEq
Contained copper rises 50% to 772,000 tonnes with maiden gold and cobalt by-products
Ownership in Mumbezhi increased to 90% after US$4.25 million acquisition
West Mwombezhi drilling reveals continuous near-surface copper mineralisation
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