Prospect Resources Ltd. · ASX:PSC
Prospect Resources — Africa Down Under Conference 2016
17 slides from Prospect Resources's conference presentation, Sep 9, 2016
Slide 1: Africa Down Under Conference Company Update
For personal use only Africa Down Under Conference Company Update ASX: PSC www.prospectresources.com.au 1 Prospect Resources
Slide 2: Disclaimer & JORC Notice
For personal use only Disclaimer & JORC Notice 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 respective employees, agent
Slide 3: Operating in Zimbabwe & Southern Africa
Operating in Zimbabwe & Southern Africa • Prospect is licenced by the Zimbabwe Investment Authority+ to: For personal use only • Own its assets; and • Operate within Zimbabwe • We are compliant with all Indigenisation Ownership Laws of Zimbabwe • All loans into Zimbabwe are approved by the Reserve B
Slide 4: Corporate Snapshot
Corporate Snapshot Summary – Sept 2016 For personal use only ASX Code: PSC Shares on issue: 1.577 B Options (0.5c ex): 65 m Options (1.5c ex): 142 m Trading Price : 5.1 c Market Cap at trading Price: ~$80 m Cash: ~$17 m Top Shareholders Top 10 Shareholders ~ 850m shares ~ 54% Top 20 Shareholders 63%
Slide 5: Our Capability and Ability to Execute
Our Capability and Ability to Execute • Africa, more so than many continents is all about being able to execute your business For personal use only plan in a timely manner. • A company needs to have on the ground personnel (not fly-in fly-out) who can: • Identify transactions, quickly carry out due
Slide 6: Timetable - Arcadia High Grade Lithium Project
Timetable - Arcadia High Grade Lithium Project Date 4 Months of Activity For personal use only 12 May 2016 • Prospect announces option to acquire the Arcadia High Grade Lithium Project (granted Mining Leases) 14 June 2016 • Due diligence completed • Option Exercised • Drilling Rig on site • Equity r
Slide 7: Location of Mining Projects
Location of Mining Projects Arcadia Lithium Zimbabwe Arcadia & God’s Gift For personal use only Located some 35kms Lithium Camps east northeast of Harare Penhalonga Gold Located in Mutare on the Mozambique border Gwanda East Gold Penhalonga Gold Located some 130km east south east of Bulawayo ~450km
Slide 8: High Grade Arcadia Lithium Project
High Grade Arcadia Lithium Project • Initial Exploration Target of 15-18Mt at 3-5% Li2O+ For personal use only • Arcadia Lithium Deposit lies within one of the three well known Zimbabwe lithium camps, approx. 35kms east northeast of Harare. • 48 hole Maiden drill programme Complete – all completed h
Slide 9: High Grade Arcadia Lithium Project
High Grade Arcadia Lithium Project For personal use only • First Drill Programme Completed: – 16 Diamond holes – 32 RC holes • Multiple stacked pegmatite layers (up to 14 layers) • Main pegmatite averages 5.5m and ranges up to 10m in thickness • Lower pegmatite ranges up to 45m in thickness. 9 Prosp
Slide 10: High Grade Arcadia Lithium Project – Next Steps
High Grade Arcadia Lithium Project – Next Steps • Assay Results For personal use only • Metallurgical testing, Process studies, Resource modelling Insert another topo map • Infill drill programme to and 3D image –closer define indicated image/zoom in? and measured resource • Ongoing regional explora
Slide 11: Gwanda East – Gold Production/Development
Gwanda East – Gold Production/Development For personal use only Prestwood Main Bucks West • First Gold Production announced in April 2016 • Exploration hoist established • 5 Level drives being blasted and raises • Diamond Drilling confirms: developed – 10.1g/t over 95cm – 5.10g/t over 41cm Prestwood
Slide 12: Exec Management & Board of Directors
Exec Management & Board of Directors Harry Greaves - Executive Director Mr Greaves is a 4th generation Zimbabwean and a resident of Zimbabwe. He For personal use only holds a B.Sc (agriculture) from University of Natal. He is the founding shareholder of Farvic Consolidated Mines (Pvt) Ltd which oper
Slide 13: Senior Management & Advisors
Senior Management & Advisors Roger Tyler - Chief Geologist He is a British geologist, who after almost 30 years working experience in Africa, is now For personal use only Technical Director for Farvic. He has an Honours degree in Mining Geology from the Royal School of Mines and a Master of Engineer
Slide 14: Zimbabwe Indigenization Approvals
Zimbabwe Indigenization Approvals For personal use only Zimbabwe Investment Authority has approved the Company’s application to own a 70% equity interest in Hawkmoth (via Prospect Singapore) with the following conditions: • The Company funds all exploration costs and upon commencement of production,
Slide 15: Corporate Structure
Corporate Structure Prospect Resources Ltd For personal use only 100% Prospect Resources Pte Limited Farvic Consolidated Mines (Pvt) Ltd (“Prospect Singapore”) Certified Zimbabwean Indigenous Company (“Farvic”) 70% 30% Hawkmoth Mining & Exploration (Pvt) Ltd Certified Zimbabwean Indigenous Company (
Slide 16: Previously announced Information relating to Arcadia Lithium Deposit Exploration Target
Previously announced Information relating to Arcadia Lithium Deposit Exploration Target The Arcadia pegmatite is exposed in a 100m long pit on a steep hill slope and has 3 to 10 metre thickness; it is flat dipping at 3o-5oNW and significantly is known to extend for at least 1,500m along strike. For
Slide 17: Prospect Resources Limited contact details
For personal use only Prospect Resources Limited | ACN 124 354 329 Suite 6, 245 Churchill Ave. Subiaco WA 6008 Phone: +61 8 9217 3300 | www.prospectresources.com.au 17 Prospect Resources
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