Prospect Resources Ltd. · ASX:PSC
Prospect Resources — Merger or Acquisition (April 2024)
12 slides from Prospect Resources's merger presentation, Apr 9, 2024
Slide 1: Acquisition of World-Class Zambian Copper-Cobalt Asset
Investor Presentation Acquisition of World-Class Zambian Copper-Cobalt Asset April 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 / Capital structure
Prospect: Leading the Way Capital structure Market listings ASX: PSC | FRA: 5E8 Shares on issue 463.33M Share price (as at 8/04/24) A$0.081 ▪ Compelling opportunity to leverage strong fundamentals Market capitalisation A$37.6M behind electric vehicle and decarbonisation evolution Cash (31 December 2
Slide 4: Mumbezhi Copper Project, Zambia
Mumbezhi Copper Project, Zambia ▪ Two concurrent agreements executed over the large- scale Mumbezhi Copper Project, located in the geologically prized Zambian Copper Belt ▪ Key tenure comprises an Exploration Licence (LEL) covering 356km2 ▪ PSC successfully unlocked this disputed asset, by securing
Slide 5: Strategic Transaction
Strategic Transaction 1 Electrification and battery metals asset located in southern Africa 2 Proven world-class geological potential of Zambian Copper Belt 3 Advanced exploration project with ready, scalable resource potential 4 Clear potential pathway to development 5 Exposure to critical metals m
Slide 6: Copper: Delivering a Sustainable Future
6 Copper: Delivering a Sustainable Future GLOBAL COPPER MARKET (Mt Cu metal) 60 ▪ No economically viable substitute exists for copper in the manufacturing of EVs, wind, and solar energy 50 53 ▪ Achieving net zero by 2050 will require a large Projected 40 Deficit increase in global mine supply of cop
Slide 7: Tier-1 Global Copper Province
Tier-1 Global Copper Province ▪ Surrounded by several world-class copper mines including Sentinel and Kansanshi, operated by First Quantum Minerals ▪ Mumbezhi is positioned approx. 30km south-west of Barrick Gold’s Lumwana Copper Mine ▪ Conventional open pit operation with Mineral Resources of 1.92B
Slide 8: Outstanding Geological Setting
Outstanding Geological Setting ▪ The Mwombezhi Dome is characterised by structures and older basement domes, surrounded by the Katangan Supergroup metasediments ▪ These host both the Central African and Zambian Copper Belts, major sources of global copper production ▪ Host rocks show contacts from u
Slide 9: Prospectivity + Scalability
Prospectivity + Scalability ▪ Defined Nyungu deposits lie within the southwest corner of the Mumbezhi licence and represent two continuous, well-defined zones of copper-cobalt mineralisation ▪ These zones rang between the structurally complex, folded geometry at Nyungu Central to the relatively simp
Slide 10: Ready Mineral Resource Potential
Ready Mineral Resource Potential ▪ Orpheus Uranium Limited (ORP) explored Mumbezhi intermittently during a period of depressed Cu prices, with approx. 50 RC and diamond drill holes undertaken for 9,330 metres ▪ 40 holes were drilled at the Nyungu deposits, with Nyungu Central defined over 1,700m of
Slide 11: Clear Potential Development Pathway
Clear Potential Development Pathway Mumbezhi Project 2024 2025 Target Key Workstreams Q2 Q3 Q4 Q1 Q2 Binding Agreements Executed ● Transaction Completion ● Maiden Mineral Resource Estimate (MRE) ● Metallurgical Studies ● Infill and Extension Drilling Programmes ● ● Scoping Study ● ● Updated MRE ● Mi
Slide 12: Prospect Resources: Continues Leading the Way
Prospect Resources: Continues Leading the Way Electrification revolution presents a multi-decade opportunity with strong fundamentals Significant experience in mineral Proven ability in designing, exploration, technical flowsheet developing and delivering battery design and marketing metals projects
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