PhosCo Extends Known Mineralization at Tunisia Prospect Ahead of Maiden Mineral Resource Estimate

MT Newswires Live
Oct 05

PhosCo (ASX:PHO) extended the known mineralization at the DOH discovery, within its Gasaat project in Tunisia, ahead of a maiden mineral resource estimate for the prospect, according to a Monday filing with the Australian bourse.

Drilling at the DOH discovery returned 8.1 meters of phosphate from nearly 65 meters in depth and 9 meters of phosphate from 22 meters in depth, the filing said.

Meanwhile, drilling at the Sekarna North prospect returned 6 meters of phosphate from nearly 47 meters in depth and 7.4 meters of phosphate from 25 meters in depth.

Drilling is ongoing, with an updated scoping study slated for this month, per the filing.

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