Prospection vs. Prospecting: What's the Difference?

Prospection and Prospecting Definitions
Prospection
(uncommon) The action of looking forward into the future. Formed by analogy with retrospection.
Prospecting
Something expected; a possibility.
Prospection
(uncommon) The act of prospecting for minerals.
Prospecting
Chances.
Prospection
A search for archaeological remains, usually using modern technology, for example ground penetrating radar.
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Prospecting
Financial expectations, especially of success.
Prospection
The act of looking forward, or of providing for future wants; foresight.
Prospecting
A potential customer, client, or purchaser.
Prospecting
A candidate deemed likely to succeed.
Prospecting
The direction in which an object, such as a building, faces; an outlook.
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Prospecting
Something presented to the eye; a scene
A pleasant prospect.
Prospecting
The act of surveying or examining.
Prospecting
The location or probable location of a mineral deposit.
Prospecting
An actual or probable mineral deposit.
Prospecting
The mineral yield obtained by working an ore.
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Prospecting
To search for or explore (a region) for mineral deposits or oil.
Prospecting
To explore for mineral deposits or oil.
Prospecting
Present participle of prospect
Prospecting
The act of one who prospects.