Prospect Resources Ltd. · ASX:PSC

Prospect Resources — Investor Presentation (May 2025)

20 slides from Prospect Resources's investor presentation, May 2, 2025

  1. Slide 1: Leading Africa in the Electrification Metals Revolution

    Leading Africa in the Electrification Metals For personal use only Revolution 2 May 2025 ASX:PSC | FRA:5E8

  2. 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

  3. Slide 3: Prospect: Leading the Way

    Prospect: Leading the Way Capital structure Market listings ASX: PSC | FRA: 5E8 Shares on issue 673.7 M Share price (on 1 May 2025) A$0.15 Market capitalisation A$101 M ▪ Electrification and battery metals focused developer Post Capital raise proforma cash1 +A$24 M For personal use only ▪ Proven tra

  4. Slide 4: Strongly Validated Growth Potential

    Strongly Validated Growth Potential Strategic Investment by First Quantum Minerals and additional investment by Eagle Eye Asset Holdings First Quantum (FQM) Eagle Eye Asset Holdings (EEA) For personal use only ▪ FQM now a 15% PSC cornerstone investor and Mumbezhi ▪ Private Investment house, based in

  5. Slide 5: Multiple Synergies from Funding Partnership

    Multiple Synergies from Funding Partnership Prospect Resources First Quantum Minerals Mumbezhi Copper Asset + Advantages Company Summary + Advantages ▪ Global Developer – 4 world-class Projects in 20 years For personal use only ▪ Exceptional geological address (US$20bn) ▪ Potential Tier-1 Cu asset –

  6. Slide 6: 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

  7. Slide 7: Prospect are Proven Project Finders and Developers

    Prospect are Proven Project Finders 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 Arcadia from initial disc

  8. Slide 8: 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 For personal use only material, with no economically viable substitute in 60 the manuf

  9. Slide 9: Zambia: A Re-Emerging Copper Powerhouse

    Zambia: A Re-Emerging Copper Powerhouse An important global mining jurisdiction that is again on the rise ▪ Zambia launched an ambitious national strategy targeting 3Mtpa Cu Production Target 3Mtpa annual copper production by 20311 For personal use only ▪ Initiatives have been introduced to support

  10. Slide 10: The Flagship Mumbezhi Copper Project

    The 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 For personal use only combined area 356 km2, covering the entire Project ▪ Detailed review and validation of historical geolo

  11. Slide 11: A World-Class Copper Address

    A World-Class Copper Address Zambia produced 18% of global copper mine supply in 20231 ▪ Mumbezhi is surrounded by several world-class For personal use only copper deposits/mines in north-west Zambia • Sentinel (FQM): 214 kt copper production at head grade of 0.49% Cu (2023)2 - Mumbezhi is hosted in

  12. Slide 12: Maiden MRE Nyungu Central and Kabikupa

    Maiden MRE Nyungu Central and Kabikupa Resource Tonnes Copper Tonnes Deposit Classification (millions)* (%)* Contained Cu* For personal use only Nyungu Central Indicated 37.5 0.5 178,100 Inferred 49.2 0.5 228,700 Kabikupa Inferred 20.5 0.5 107,800 TOTAL 107.2 0.5 514,600 * Cut-off reporting grade is

  13. Slide 13: Regional Tenement-Wide Prospectivity

    Regional Tenement-Wide Prospectivity Substantial potential for sizeable new copper discoveries beyond the Nyungu Central deposit ▪ Significant sets of technical data acquired and now validated (geophysics, geology, geochemistry and drilling) For personal use only ▪ Current LMLs have ~75% survey cove

  14. Slide 14: Significant Regional Potential Being Targeted

    Significant Regional Potential Being Targeted Stepping out beyond the Nyungu Central deposit and testing broader Mumbezhi copper exploration opportunities ▪ Geophysical surveys and follow up termite hill geochemical For personal use only sampling have proven valuable exploration tools ▪ A pipeline o

  15. Slide 15: Updated Exploration Targets Estimated

    Updated Exploration Targets Estimated Company recently updated the Exploration Target Ranges for different prospects at Mumbezhi1 ▪ PSC Phase 1 drilling and exploration programmes completed at ▪ Significant potential additions also lie adjacent to the existing Mumbezhi have produced a re-estimation

  16. Slide 16: Nyungu North: Large High-Potential Targets

    Nyungu North: Large High-Potential Targets Three key IP anomalies striking over 5km represent priority regional drill targets this year ▪ Nyungu North IP survey area was a 6km-long zone immediately north-northeast of Nyungu Central deposit (compared with For personal use only Lumwana Mine Super Pit

  17. Slide 17: Nyungu Central: Growth Extensions Defined

    Nyungu Central: Growth Extensions Defined Anglo American Chargeable IP Survey data over Nyungu Central deposit outlined strike potential1 ▪ High-grade drilling intercepts at Nyungu Central are underlain by a distinctive For personal use only strong chargeable IP anomaly (due to Cu sulphides). ▪ The

  18. Slide 18: 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 LUMWANA MINE (BARRICK)2 KANSANSHI MINE (FQM)3 For personal use only Commenced operations 2016 Commenced operations 2009 Commenced operations 2005 Mine st

  19. Slide 19: Key Workstreams Advancing Rapidly

    Key Workstreams Advancing Rapidly Clear pathway to grow and evidence underlying Mumbezhi Project value in the coming quarters For personal use only Workstream Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Phase 1 infill and growth drilling programme Metallurgical Studies ◆ ◆ Environmental Social Impact As

  20. Slide 20: 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)

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