Shares of mineral exploration company Prospech (ASX:PRS) surprisingly spiked today, experiencing as steep rise of up to 14.3% to A$0.032, representing the loftiest intraday percentage increase seen since June 14.

Moreover, this surge allowed the company’s share value to achieve its highest level since July 19.

These significant advancements came on the back of successful assay results from rock-chip samples gathered from the Kolba and Svatodusna prospects located in Slovakia.

The obtained results from these samples authenticated the presence of high-grade copper, cobalt, nickel, and silver at the exploration sites.

In regard to year-to-date growth, Prospech (ASX:PRS) has increased its value by 4.4% as of the last closure.

Prospech is a mineral exploratory company focusing on the discovery and development of high-grade copper, cobalt, nickel, and silver deposits.