Slide 1: Prospech Limited
PROSPECH LIMITED Exploration for a sustainable future March 2023 prospech.com.au ASX Code:02 PRS
Slide 2: Cautionary Statements Disclaimer
CAUTIONARY STATEMENTS DISCLAIMER This Prospech Limited (ABN 24 602 043 265) (‘Company’ or ‘PRS’) presentation also contains statistics, data and other information relating to markets, market sizes, market shares, market positions and other industry data pertaining to the Company's business and marke
Slide 3: Overview
PROSPECH OVERVIEW Diversified mineral exploration company with a focus on Northern and Central Europe Focus on future minerals: • Rare earth elements (REE) • Lithium • Cobalt • Copper • Nickel In Slovakia - drill ready tenements with low holding costs Operating in low-risk, business friendly countri
Slide 4: Corporate and Capital Structure
CORPORATE AND CAPITAL STRUCTURE 2020 IPO: ASX PRS Listed 4 December 2020. Shares on Issue: 88.3m 17M $0.026 $2.3M Options on Issue Share price Market Capitalisation (at close 6 Mar) (Fully Diluted) $2.1M $228K Enterprise Value Cash (as at 31 Dec 2022) 0.07 1.6 Millions 0.06 1.4 0.05 1.2 1 0.04 0.8 0
Slide 5: Board and Management
BOARD AND MANAGEMENT Thomas Mann John Levings Non-Executive Chairman Executive Director Mr Mann has over 30 years’ experience in financial markets and global Mr Levings as Chief Geologist for Australian Development Limited trade having established a global trading corporation with offices in (later
Slide 6: Portfolio of High Quality Assets
PORTFOLIO OF HIGH QUALITY ASSETS • PRS has assembled a portfolio of highly prospective REE, Lithium and precious metals projects in Northern and Eastern Europe • Jurisdictions that are highly supportive of mining and with demand for locally supplied rare earths and Lithium in Europe booming Finland
Slide 7: Investment Highlights
INVESTMENT HIGHLIGHTS • Kolba project – Copper-Cobalt-Nickel Critical Minerals Focus o Recently acquired 100%. Cost effective exploration with walk up / REE & Lithium Exposure drill targets • Bambra projects – Rare Earth Elements-Lithium o Rights to acquire 100% • Rich data base for future explorati
Slide 8: Why Europe? European Critical Raw Materials Act
WHY EUROPE? EUROPEAN CRITICAL RAW MATERIALS ACT • The goal of the European Critical Raw Material Act is to create a European network of raw materials agencies and take steps to meet as much as possible of European demand for critical minerals from local sources.1 o 30% of EU’s demand for lithium to
Slide 9: Why Finland?
WHY FINLAND? Excellent world Excellent availability of Leader in achieving Very stable country business environment latest technologies the UN SDGs in the world Source: WEF Global Competitiveness Source: UN Sustainable Development Source: Fund for Peace, Fragile States Source: Global Innovation Inde
Slide 10: Lithium & REE New Projects - Finland
3 NEW PROJECTS - FINLAND LITHIUM & REE 1: Jokikangas REE Project • Up to 2% REE on the Jokikangas REE Project are elongated bodies with a mineral assemblage including fergusonite (Nd, Y, REE), allanite (LREE) and columbite-tantalite (Nb). Honkamaki Fe Vanadium deposit also to be evaluated. • PRS exp
Slide 11: Jokikangas Project
RARE EARTH ELEMENTS JOKIKANGAS PROJECT • Jokikangas, up to 2% REE are elongated bodies with a mineral assemblage including fergusonite (Nb, Y, REE0, allanite (LREE) and columbite-tantalite (Nb). Honkamaki Fe Vanadium deposit also to be evaluated. • Targets open along strike to the northwest of Konti
Slide 12: Jokikangas Project
RARE EARTH ELEMENTS JOKIKANGAS PROJECT • Exploration tenure surrounds the Exploration Targets Kontioaho & Katajakangas of Otanmaki (O5) Oy with mineralisation continuous and lightly drilled. • Mineralisation at Katajakangas has ~12m thick high grade zone in its central part, surrounded by a lower gr
Slide 13: Korsnas Project
RARE EARTH ELEMENTS KORSNAS PROJECT • Tenure surrounds an old mine at Korsnas which is a unique deposit hosted by a large North trending carbonatite dyke. • It was mined between 1959 and 1972 and yielded 0.87Mt of ore averaging 3.6% Pb. Allanite and a few other REE minerals also made the deposit pro
Slide 14: Saarenkyla
LITHIUM SAARENKYLA • The Saarenkylä Exploration reservation area is in a known Lithium Pegmatite occurrence area. • Lithium Cesium Tantalum (+/- Berylium) noted in outcrop, open sequence of Pegmatitic Outcrops currently protected by PRS controlled Exploration Reservation. • Lithium Beryllium occurre
Slide 15: Saarenkyla
LITHIUM SAARENKYLA • The Saarenkylä Exploration reservation area covers the peripheral areas of the parental granite. • Most outcrop area with be on ridge tops and sampling is due to commence as soon as April 2023 with PRS management onsite. • Some internal exclusion of settled areas inside the rese
Slide 16: Why Slovakia?
WHY SLOVAKIA? 90.2% 93.9% #1 #12 International 1st place 4th place The World Bank Chamber of Comerce in EU in EU Ranking Ranking Export of goods Export of goods SLOVAKIA ranks as no.1 globally SLOVAKIA ranks as no.12 in the as a % of GDP and services in Ease of Trading Across Borders world in the Op
Slide 17: Slovakia Tethyan Mineral Belt
TETHYAN MINERAL BELT SLOVAKIA • PRS’s Slovakian projects are all located within the prolifically well endowed Tethyan Mineral Belt. Source: Nature Geoscience prospech.com.au 17
Slide 18: Slovakian Projects
SLOVAKIAN PROJECTS • PRS recently acquired 100% of the Kolba / Svatodusna Copper-Cobalt-Nickel exploration Jasenie licence in Slovakia. Au W Sb • PRS also owns 100% of six Au-Ag exploration licences, covering 210 square kilometres in Zilina Slovakia: Pukanec 1. Kolba Au Ag Nova Bana 2. Hodrusa-Hamre
Slide 19: Kolba Project
COBALT COPPER NICKEL KOLBA PROJECT • Kolba (Cobalt) and Svatodusna (Copper-Silver-Cobalt- Nickel) - Undrilled in any meaningful way apart from some government stratigraphic holes over 30 years ago. • Over a possible thickness of 30m shear zone, high grade copper-cobalt-silver assay results received
Slide 20: Kolba Project
COBALT COPPER NICKEL KOLBA PROJECT Drilling proposed (back arrows) Kolba (Co Ag Ni) and Svatodusna (Co-Ag-Cu-Ni) – have justified an application for expansion to 6km strike length. prospech.com.au 20
Slide 21: Newsflow
MAJOR ACTIVITY PIPELINE NEWSFLOW Quarter Mar 23 Jun 23 Sep 23 Dec 23 Mar 24 Jun 24 Sept 24 Dec 24 2025+ Slovakia - Drilling Kolba Cu-Co- Ni Finland - Sampling Core REE Slovakia - Drilling Pukanec Hodrusa Au-Ag Finland - Permitting REE Li Finland - Drilling REE Resource Drill Permitting prospech.com.
Slide 22: Right Time, Right Place
INVESTMENT SUMMARY RIGHT TIME, RIGHT PLACE Experienced & successful technical & management team with a strong track record of recognizing, discovering, developing & mining international projects. In country experience in both Slovakia and Finland e.g., 4 years operating in Finland to identify RE
Slide 23: Appendix
APPENDIX SLOVAKIAN ASSETS AND CAPITAL RAISE Page 24: Saarenkyla Lithium Geological Model Page 25: Slovakia Precious Metals: Western Projects – Nova Bana and Hodrusa-Hamre Page 26: Caldera of Western Tethyan Page 27: Drill Ready – Slovakia Gold Silver – Pukanec - Weitenzecher Page 28: Capital Raising
Slide 24: Saarenkyla
LITHIUM SAARENKYLA • The Saarenkylä Exploration reservation area covers the peripheral areas of the parental granite. • Regional mapping is related to a beryl bearing pegmatite dyke with the delineation of Parikalla tract based on the extent of pegmatite granite bodies as depicted to the right, alon
Slide 25: Western Projects
SLOVAKIAN PRECIOUS METALS WESTERN PROJECTS • PRS owns 100% of six Au-Ag exploration licences, covering 210 square kilometres in Slovakia. • Including the Hodrusa-Hamre, Nova Bana, Rudno and Pukanec exploration licences. • Remains relatively underexplored. • Schopfer (Au-Ag) an historic multi-million
Slide 26: Stiavnica-Hodrusa
DOMINANT CALDERA OF WESTERN TETHYAN STIAVNICA-HODRUSA Pre-Caldera imagery (shown here Banska Stiavnica largely covered by the Hodrusa Concession) Source: http://pribeh.banskastiavnica.travel/sopka/ GC7TC67 Stiavnicky stratovulkan (Earthcache) in Banskobystrický kraj, Slovakia created by TTturista (g
Slide 27: Pukanec Drill Ready Au-Ag
PUKANEC DRILL READY – Au-Ag “Pukanec is a former free royal mining town located on the southern slopes of the Štiavnické vrchy Mountains. The nearby Sitno and other ancient volcanoes created silver and gold veins in their underground”. Source: https://regiontekov.info/en/news/pukanec-former-mining-3
Slide 28: Capital Raising
CAPITAL RAISING • Non-renounceable Rights Issue – 3 for 5 (~53.0M shares) + 1 for 2 attaching options (2-year term and $0.04 exercise price, probably listed) @ $0.02 to raise ~$1.0M • Placement of ~75.0M shares on the same terms in 2 tranches to raise ~$1.5M: Use of Funds PRS is seeking to raise a t
Slide 29: Use of Funds
USE OF FUNDS Use of funds from March 2023 to March 2024 Minimum Raise Maximum Raise Item Proceeds of the Offer % ($1,059,583) ($2,500,000) 1. Exploration expenditure: 60 • Slovakian drilling 200,000 450,000 • Other Slovakian exploration and 150,000 182,500 tenement costs • Finland establishment, lit
Slide 30: Prospech Limited
PROSPECH LIMITED Contact us for further information Jason Beckton j.beckton@prospech.com prospech.com.au