Slide 1: Retraction of Presentation to Investors Disclosures
29 May 2025 RETRACTION OF PRESENTATION TO INVESTORS DISCLOSURES Prospech Limited refers to the Presentation to Investors dated 21 May 2025 (Presentation). At the request of the ASX, slide 16 of the Presentation which showed a historical, foreign estimate of a copper deposit at the Zlatno project, to
Slide 2: Prospech Limited: Rare Earth Resources and Gold-Silver-Copper in the EU
Prospech Limited Rare Earth Resources and Gold-Silver-Copper in the EU May 2025 ASX:PRS | FSE:1P80 | prospech.com.au ABN 24 602 043 265
Slide 3: Disclaimer
Disclaimer Cautionary statements Cautionary Statements The announcement and information, opinions or conclusion expressed in the course of this announcement contains forecasts and forward-looking information. Such forecasts, projections and information are not a guarantee of future performance, invo
Slide 4: Finland
Finland The EU’s newest REE Resource Korsnäs REE Project (Critical Minerals) Jokikangas REE Project Proximate to Neo Materials’ Refinery (REE) – if needed prospech.com.au 3
Slide 5: Strategy
Strategy Advance size and quality of the Korsnäs REE Resource Continue exploration search for precious metals Size of the Prize • Critical minerals – Korsnäs REEs • Precious metals – Gold-Silver-Copper projects Cost of the Test • REE Resource – Metallurgy • Slovakia – Drilling • EU support with
Slide 6: Korsnäs REE Project
Korsnäs REE Project Historic (1958 - 1972) Outokumpu mine focused on lead production and overlooked REEs – a wealth of geologic data Drill core from 471 historic diamond core holes preserved by GTK – now sampled and assayed by Prospech REE targets: • In situ, hard rock deposits • Tailings stor
Slide 7: Korsnäs REE Project
Korsnäs REE Project Inferred Resource Estimate 13.5 Mt @ 1.02% TREO - lower cut-off grade of 0.5% TREO Exploration Target Additional to the Inferred Resource • 9 Mt to 11 Mt @ 0.9% to 1.1% TREO Five gravity anomalies identified with a strike length of over 5 kilometres The potential quantity and
Slide 8: Korsnäs REE Project
Korsnäs REE Project Current sampling of core from 485 drill holes informs the database prospech.com.au 7
Slide 9: Korsnäs REE Project
Korsnäs REE Project Six sub-parallel geological structures up to 20 metres thickness and over 1km strike length and unknown depth control = resource growth prospech.com.au 8
Slide 10: Korsnäs REE Project
Korsnäs REE Project Six sub-parallel geological structures up to 20 metres thickness and over 1km strike length and unknown depth control = resource growth prospech.com.au 9
Slide 11: Korsnäs REE Project
Korsnäs REE Project A void model was applied to ensure no estimation within mined areas Simple geometries open at depth and along strike prospech.com.au 10
Slide 12: Future growth in size and quality
Korsnäs REE Project Future growth in size and quality Six sub-parallel geological structures up to 20 metres horizontal thickness rich in REEs Five gravity anomalies identified with a strike length of over 5 kilometres Exploration Target zones will influence future drilling prospech.com.au 11
Slide 13: Metallurgical Test Work Update – Results to hand from PT Geoservices
Korsnäs REE Project Metallurgical Test Work Update – Results to hand from PT Geoservices Two streams Apatite (phosphate) and Allanite (silicate) Parallel metallurgical workstreams in Finland with Mining School Oulu and GTK and in Indonesia with PT Geoservices Mineralogy studies identified two di
Slide 14: Jokikangas REE Project
Jokikangas REE Project Sampling historical drill core Jokikangas project area doubled in size Reported assay results from historical drill core indicate encouraging grades High Field Strength Elements hafnium and niobium Core from a further 81 historical drill holes to be logged and assayed
Slide 15: Slovakia
Slovakia An attractive Eu–EEC–NATO investment jurisdiction prospech.com.au 14
Slide 16: Slovakia
Slovakia Large gold systems remain to be tested Hodruša-Hámre – underexplored by modern methods Zlatno – minimal historic gold assaying Refer to ASX announcements dated 3 December 2020 ‘Prospectus’, 2 February 2021 ‘Gold and Silver Intersections in Completed Bauch Program’ and 4 November 2021 ‘H
Slide 17: Zlatno-Vysoka
Zlatno-Vysoka Copper-Gold porphyry-skarn deposit discovered in the 1970s prospech.com.au 16
Slide 18: Zlatno
Zlatno Well understood geology but not for gold Same story as Korsnäs - an omitted element of value prospech.com.au 17
Slide 19: Capital Structure
Capital Structure ASX: PRS FSE: 1P80 328.8M $0.027 $8.9M Shares on Issue Share Price Market Capitalisation (at close 6 May 2025) (at close 6 May 2025) $8.6M $0.3M Enterprise Value Cash (31 March 2025) prospech.com.au 18
Slide 20: Looking ahead
Prospech Limited Looking ahead Korsnäs REE Project • Metallurgy – Most intensive activity already in progress at Oulu University and GTK Mintek (supported by the EU funded REMHub program) and PT Geoservices • Growth in size and quality of the existing Inferred Resource Estimate • Further drilling
Slide 21: Prospech Limited – Thank You
PROSPECH LIMITED Kiitos Tack Dakujem Thank You Contact us for further information Jason Beckton j.beckton@prospech.com +61 (0) 438 888 612 Corporate +61 2 9300 3333 prospech.com.au ASX:PRS FSE:1P80