Slide 1: 2026 Mining Indaba Conference Presentation
2026 Mining Indaba Conference Presentation LEADING AFRICA IN THE For personal use only ELECTRIFICATION METALS REVOLUTION 9 February 2026 | ASX:PSC | FRA:5E8
Slide 2: Important Notices
Important Notices Caution Regarding Forward Looking Information The information contained in this presentation or subsequently provided to any recipient of this presentation whether orally or in writing by or on behalf of Prospect Resources Ltd (“Prospect Resources” or “the Company”) or its respecti
Slide 3: Prospect: Leading the Way
Prospect: Leading the Way Capital structure`` Market listings ASX: PSC | FRA: 5E8 Shares on issue 705.1 M ▪ Electrification and battery metals focused developer Share price (on 6 Feb 2026) A$0.465 ▪ Proven track record in exploring, advancing and delivering Market capitalisation A$328 M For personal
Slide 4: Experienced Board and Management
Experienced Board and Management Board of Directors Management and Technical Team Roger Tyler MEng (Mineral Resource Evaluation), BSc (Mining Geology), MAusIMM, Mwelwa Manda BCom (International Business and Economics), MSc Chief Geologist MSAIMM, ARSM, SACNASP Country Manager – (Strategic Project Za
Slide 5: We Are Proven Explorers and Developers
We Are Proven Explorers and Developers Prospect has an established reputation for substantial shareholder value generation through the systematic de-risking and advancement of the world-class Arcadia Lithium Mine Project For personal use only The team progressed the development of Arcadia from initi
Slide 6: Zambia: The Re-Emerging Copper Powerhouse
Zambia: The Re-Emerging Copper Powerhouse Increasingly important global mining jurisdiction on the rise ▪ Zambia launched an ambitious national strategy 3Mtpa Cu For personal use only targeting 3Mtpa annual copper production by 20311 Production Target ▪ Several initiatives introduced to support grow
Slide 7: Our Flagship Mumbezhi Copper Project
Our Flagship Mumbezhi Copper Project Situated in the world-class Central African Copper Belt region in north-western Zambia ▪ Two granted Large Scale Mining Licences (LML) of combined area 356 km2, covering the entire Project For personal use only ▪ Updated JORC-reportable Mineral Resource estimate
Slide 8: Zambian Copper Belt – An Enviable Address
Zambian Copper Belt – An Enviable Address Zambia produced 10% of global copper mine supply in 20241 ▪ Mumbezhi borders Tier-1 copper operations in For personal use only NW Zambia (with 535ktpa Cu recorded production during CY25) ▪ Well-established regional transport, power and water infrastructure S
Slide 9: Updated Copper Resource, Maiden Cobalt-Gold Resource
Updated Copper Resource, Maiden Cobalt-Gold Resource Growing resource built on the strong foundation of 2025 drilling results1 ▪ Global Copper Resource Tonnes increased by Tonnes Tonnes Ounces 63%, contained Copper Tonnes by 50% Tonnes Copper Cobalt Au Copper For personal use only Deposit Contained
Slide 10: Nyungu Central – Growing Multi-Commodity Opportunity
Nyungu Central – Growing Multi-Commodity Opportunity Excellent new copper results with significant gold deportment defined (reported 14 January 2026) ▪ Two-pronged focus on resource extensional drilling For personal use only and testing of prospective adjacent target positions ▪ Cu mineralisation ex
Slide 11: Kabikupa – Near Surface Deposit Opportunity
Kabikupa – Near Surface Deposit Opportunity Further confidence in the copper mineralised footprint and exceptional metallurgical results For personal use only ▪ Successful extension of Cu mineralisation up dip (oxide/transition zones to southwest) and down dip into fresh sulphides (northeast) ▪ Kabi
Slide 12: Emerging Multi-Commodity Potential
Emerging Multi-Commodity Potential Widespread cobalt and gold by-product mineralisation now confirmed at Nyungu Central ▪ Investigation of cobalt and gold deportment and 6-month futures performance grades underway, following the identification of For personal use only highly anomalous by-product con
Slide 13: Compelling Metallurgical Results
Compelling Metallurgical Results High-grade copper concentrates with strong recoveries1,2 ▪ Excellent metallurgical results confirm production from For personal use only Mumbezhi as robust and scalable ▪ Standard flotation process worked effectively for both Nyungu Central and Kabikupa ▪ Coarse prim
Slide 14: Two Impressive Exploration Drill Targets Outlined
Two Impressive Exploration Drill Targets Outlined Data sets reveal exciting potential for transformative copper discoveries in 2026 Further exploration targets defined recently from licence wide geophysical survey interpretation For personal use only ▪ Two new prospective areas identified at Chipimp
Slide 15: Resource Growth, Gold Focus and De-risking Development
Resource Growth, Gold Focus and De-risking Development Clear pathway to grow and de-risk the underlying latent multi-commodity value at Mumbezhi Activity H1 2025 H2 2025 Q1 2026 Q2 2026 H2 2026 🗸 For personal use only Environmental Social Impact Assessment (ESIA) Mining Licences granted 🗸 Maiden…
Slide 16: Prospect: Leading the Way
Prospect: Leading the Way Tier-1 copper province: Outstanding regional geology and copper endowment, scale 1 For personal use only potential readily demonstrated by neighbouring analogues (FQM and Barrick) Infrastructure-rich: Full supply chain (including powerlines, arterial roads, water 2 supply)