PhosCo LtdASX: PHO

Drilling at KM continues to deliver

· Issued by PhosCo Ltd

Filed with ASX · · 17 pages · English

Summary by 6ix AI

PhosCo Ltd has announced further exploration results from drilling at the KM phosphate prospect within its Gasaat Phosphate Project in Tunisia, highlighting significant mineralisation continuity. The latest drilling results include multiple intersections of thick phosphate mineralisation, with three completed holes showing promising depths. The company is on track to complete maiden resource estimates for the KM and SAB prospects, which will contribute to an optimised Scoping Study. PhosCo's Managing Director expressed optimism about the project's potential to enhance early-stage economics due to its strategic location and mineralisation characteristics.

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