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PhosCo Ltd (ASX:PHO)
ALERT: Price-sensitive ASX Announcement for PHO
Current share price for PHO : $0.135 0.066 (95.65%)+
Release
24 Sep 2025 9:19AM
Price at Release
$0.069
Full Release
Summary
The document contains the results of an initial drilling program conducted by PhosCo Ltd at the KM prospect within Gasaat. The assays confirm the discovery of significant phosphate mineralization, with major elements analyzed including P2O5, Al2O3, CaO, Fe2O3, K2O, MgO, and SiO2. The report details the elemental composition of various samples, highlighting notable concentrations of P2O5 above a 10% cut-off, which underscores the potential of the KM prospect in contributing to the company's resource base.
Key Points
- Exceptional assays confirm KM discovery within Gasaat.
- Drilling program reveals significant phosphate mineralization.
- Major element assays include P2O5, Al2O3, CaO, Fe2O3, K2O, MgO, and SiO2.
- Phosphate concentrations exceed 10% P2O5 cut-off.
- Potential increase in resource base for PhosCo Ltd.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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