European Resources Limited · ASX:ERE
European Resources — Prospech — Shareholder Meeting (May 2022)
19 slides from European Resources's shareholder meeting presentation, May 30, 2022
Slide 1: Prospech Limited – Annual General Meeting Presentation
PROSPECH LIMITED ABN 24 602 043 265 www.prospech.com.au Gold & Silver Exploration Success within the World Class Tethyan Mineral Belt Annual General Meeting Presentation – 30 May 2022 ASX Code: PRS
Slide 2: Disclaimer
DISCLAIMER This 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 markets. Unless otherwise indicated, such information is based on the Company's analys
Slide 3: Key Investment Highlights
Key Investment Highlights • Prospech owns 100% of 204km² of prospective, under explored gold and silver exploration licences • Located in the Tethyan magmatic arc in Slovakia • One of the most prolific global metal belts • Member of the EU and Eurozone - an attractive jurisdiction for foreign invest
Slide 4: Corporate & Capital Structure and Board & Management Team
Corporate & Capital Structure and Board & Management Team 2020 IPO: ASX PRS – Listed 4 December 2020. Raised $5m. $1.5m exploration expenditure planned on drilling over next year Shares on Issue: 88.3m Chairman – Tom Mann Options on Issue: 17.0m Managing Director – Jason Beckton Share Price: $0.042
Slide 5: Disclaimer and Competent Person Statement
Disclaimer and Competent Person Statemen Projects located within the prolifically well endowed Tethyan Mineral Belt 5
Slide 6: Multiple Targets
Multiple Targets Six 100% owned projects, Hodrusa-Hamre surrounding currently producing high-grade Rozalia Mine 6
Slide 7: Zemplin Drilling March 2022
Cejkov project – Zemplin Silver Prospect Zemplin Drilling March 2022 • Zemplin silver base metals (Cejkov-Zemplin Project) complete May and Schopfer gold silver zone (Hodrusa Project) currently being drilled • 2022 program underway - drill testing multiple gold and silver targets for a minimum 5,000
Slide 8: Operations – Completed Drilling Zemplin Silver Base Metals Zone – Plan View
Operations – Completed Drilling Zemplin Silver Base Metals Zone – Plan View Zemplin Zone (i.e. more than one structure hosting mineralisation) open to the NW and SE 8
Slide 9: Exploration Results: Cejkov-Zemplin Silver Prospect, SE Slovakia
Exploration Results: Cejkov-Zemplin (‘Zemplin’) Silver Prospect, SE Slovakia Results Pending from all four holes as more veins continue to be found. Assay results from the first two holes of the four-hole drilling program include: • CZDD005: 0.35m @ 61 g/t Ag from 93.65m 1.5m @ 33 g/t Ag from 118m 1
Slide 10: Western Projects – Nova Bana and Hodrusa-Hamre
Disclaimer and Competent Person Statement Western Projects – Nova Bana and Hodrusa-Hamre – drilling Schopfer Au Ag An underexplored historic multi-million ounce gold and silver field 10
Slide 11: Drilling Schopfer Now – Gold Silver
Drilling Schopfer Now – Gold Silver 11
Slide 12: Drilling Schopfer Now – Gold Silver
Drilling Schopfer Now – Gold Silver 11
Slide 13: Drilling Soon – Gold Silver Hadova LANF
Drilling Soon – Gold Silver Hadova LANF 11
Slide 14: Drilling Soon – Gold Silver – Pukanec - Weitenzecher
Drilling Soon – Gold Silver – Pukanec - Weitenzecher Gottes Gobe Agras Agras Ostry Weitenzecher Mineralisation includes Manganese alteration leading to high grade zones targeted within the over 800 workings of the Pukanec project. Weitenzecher and Agras further West – shallow dip, thick, high grade
Slide 15: Drilling Soon – Gold Silver – Pukanec - Weitenzecher
Drilling Soon – Gold Silver – Pukanec - Weitenzecher Agras Weitenzecher and Agras further West – shallow dip, thick, high grade – open. New LIDAR highlights over 800 11 workings of the Pukanec project.
Slide 16: Drilling Soon – Gold Silver – Pukanec - Weitenzecher
Drilling Soon – Gold Silver – Pukanec - Weitenzecher 6m at 2.55 g/t Au 105 g/t Ag Weitenzecher and Agras further West – shallow dip, thick, high grade – open. 11
Slide 17: Prospech Growth Pathway – 2022 – Drilling Ongoing
Prospech Growth Pathway – 2022 – Drilling Ongoing Phase II for Zemplin and Schopfer Drilling and Drilling- Drilling resource model Zemplin Ag Zemplin II Ag Schopfer and Anton Au Ag Schopfer II Ag Au Jasenie Krakauer Au LANF Pukanec Drilling Hodrusa Drilling Ignac Drilling Bauch Nova Bana High grade
Slide 18: Key Summary Investment Highlights
Key Summary Investment Highlights • Current Enterprise Value only $5M • Company providing excellent leverage investment opportunity in sought after commodities upon exploration success • Multiple gold & silver targets ready to drill in a proven multi million ounce geological belt • Large scale & hig
Slide 19: Contacts
Contacts www.prospech.com.au Jason Beckton j.beckton@prospech.com Peter Nightingale pnightingale@prospech.com.au Plan View LANF area depicting old workings evident using Laser topography – LIDAR – drilling soon with blue planned holes. 14