Prospech announced assay results from their work on the Korsnäs Tailings storage facility, indicating an average of 6,465 ppm total rare earth oxides with a 29% neodymium praseodymium enrichment.

Assays from 480 samples showed a 56% increase in average TREO grade compared to the initial samples.

Prospech's exploration strategy involves collaboration with experts such as Primero for metallurgical studies and BiotaTec for proof-of-concept tests to optimise mineral processing methods.

Plans include a summer diamond drilling program, a JORC mineral resource estimation for the TSF, and drilling tests on the Lanthanide concentrate stockpile.