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English definition of “prospecting”

prospecting

noun [U]     /ˈprɒspektɪŋ/ NATURAL RESOURCES
the activity of searching for gold, oil, or other valuable substances on or under the surface of the Earth: Most of the prospecting so far has been conducted by an Australian mining engineer. oil/gold prospecting a prospecting licence/permit
(Definition of prospecting noun from the Cambridge Business English Dictionary © Cambridge University Press)
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