Prospect Resources Ltd. · ASX:PSC
Prospect Resources — Investor Presentation (November 2024)
21 slides from Prospect Resources's investor presentation, Nov 26, 2024
Slide 1: Leading Africa in the Battery and Electrification Metals Revolution
Investor Presentation Leading Africa in the Battery and Electrification Metals Revolution 26 November 2024 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 571.7 M Share price (as at 25 Nov 24) A$0.097 ▪ Battery and electrification metals focused developer Market capitalisation A$55.5 M ▪ Proven track record in exploring, advancing and Cash (30 Sep 2024) A$1
Slide 4: Experienced Board and Management
Experienced Board and Management 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 Zambia Management), MBA Roger is a geologist with o
Slide 5: Mumbezhi: A Tier-1 Copper Development
Mumbezhi: A Tier-1 Copper Development Flagship electrification metals asset demonstrating large-scale resource opportunity Proven world-class geological and production potential of Zambian Copper Belt Advanced exploration project in an attractive, mining-friendly jurisdiction Ready, scalable potenti
Slide 6: Our Flagship Project
Our Flagship Project Situated in the world-class Central African Copper Belt region in north-western Zambia ▪ Large Exploration Licence (LEL) covering 356 km2 ▪ Prospect successfully unlocked the disputed asset by securing two separate binding purchase agreements ▪ Detailed review and robust validat
Slide 7: Copper: Delivering A Sustainable Future
Copper: Delivering A Sustainable Future Achieving net zero by 2050 will require a large increase in global mine supply of copper GLOBAL COPPER MARKET (Mt Cu metal) ▪ Copper widely seen as a green energy transition material, with no economically viable substitute in 60 the manufacturing of EVs, wind,
Slide 8: A World-Class Copper Environment
A World-Class Copper Environment The Zambia produced 18% of global copper mine supply in 20231 ▪ Mumbezhi is surrounded by several world-class copper deposits/mines in north-west Zambia – Sentinel (FQM): 214 kt copper production at head grade of 0.49% Cu (2023)2 – Kansanshi (FQM): 135 kt copper prod
Slide 9: Proven Geological Setting
Proven Geological Setting Sedimentary style copper mineralisation at Mumbezhi comparable to that found across the region ▪ Identified mineralisation at Mumbezhi (the Nyungu deposits) is the same sedimentary style copper deposition found across the Central African Copper Belt ▪ Sulphides in fresh roc
Slide 10: Large-Scale, Tenure-Wide Prospectivity
Large-Scale, Tenure-Wide Prospectivity Substantial potential for sizeable new copper discoveries Licence showing main deposits defined at Mumbezhi ▪ Significant sets of technical data validated and now available for Mumbezhi (geophysics, geology, geochemistry and drilling) ▪ Current EL has ~75% surv
Slide 11: Nyungu Central Deposit
Nyungu Central Deposit Ready potential for low-cost, open pit mining development ▪ Now targeted by over 100 holes for approx. 21,000m of drilling intermittently since 2011 ▪ Historical and current drilling delineates a +1.3 km mineralised strike, within a 400m wide corridor and to 300m depth ▪ Miner
Slide 12: Drilling and IP Survey Validate Growth Potential
Drilling and IP Survey Validate Growth Potential Increasing Nyungu Central scale with predictability as geological model improves in three dimensions ▪ Wide, strong tenor intercepts being returned from ongoing Phase 1 drilling (extensional and confirmatory infill focus): – 47.3m @ 0.63% Cu from 232.
Slide 13: Delivering Strike and Dip Extensions
Delivering Strike and Dip Extensions Evidencing ready and ongoing growth potential of the flagship Nyungu Central deposit 13
Slide 14: Significant Regional Potential Being Realised
Significant Regional Potential Being Realised Stepping outside Nyungu Central and testing the broader Mumbezhi Copper Project opportunities ▪ Ground-based geophysical Induced Polarisation (IP) surveys completed over five prospective regional zones ▪ IP has historically proven a valuable exploration
Slide 15: Rapid Follow-Up of Kabikupa Prospect
Rapid Follow-Up of Kabikupa Prospect Strong chargeable IP anomaly delivered attractive near-term regional target for scout drilling ▪ Drilling of Kabikupa was recently incorporated into the Phase 1 programme, based on strong prospectivity defined by geophysical and follow-up geochemical data* ▪ The
Slide 16: The Targeted Mumbezhi Journey
The Targeted Mumbezhi Journey Regional Zambian analogues paint the potential long-term resource and production growth pathway SENTINEL MINE (FQM)1 KANSANSHI MINE (FQM)2 LUMWANA MINE (BARRICK)3 Commenced operations 2016 Commenced operations 2005 Commenced operations 2009 Mine start 2023 Mine start 20
Slide 17: Zambia: A Re-Emerging Copper Powerhouse
Zambia: A Re-Emerging Copper Powerhouse A serious mining jurisdiction that is again on a rapid rise ▪ Zambia launched ambitious national strategy targeting 3Mtpa copper production by 20311 ▪ Initiatives have been introduced to support growing copper industry investment in genuine pursuit of that goa
Slide 18: Rapidly Advancing Key Workstreams
Rapidly Advancing Key Workstreams Clear pathway to grow and evidence underlying project value over coming quarters Phase 1 infill and growth drilling programme Metallurgical studies Environmental Social Impact Assessment (ESIA) Mining Lease Application Maiden Mineral Resource Estimate (MRE) Scoping
Slide 19: Delivering The World's Future Copper Needs
Delivering The World’s Future Copper Needs Advanced exploration project in attractive major copper mining jurisdiction of Zambia Phase 1 drilling of Nyungu Central deposit ongoing; maiden MRE on track for Q1 2025 Testing of huge regional prospectivity at Mumbezhi to form part of Phase 2 drilling in
Slide 20: Prospect Resources: Leading the Way
Prospect Resources: Leading the Way Electrification revolution presents a multi-decade opportunity with strong fundamentals Significant experience in mineral exploration, technical flowsheet design and marketing Proven ability in exploring and developing electrification and battery metals projects i
Slide 21: Appendix 1: Proven Capability
Appendix 1: Proven Capability 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 The team progressed Arcadia from initial discovery through resource definition, early-st
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