European Resources Limited · ASX:ERE

European Resources — Prospech — Shareholder Meeting (May 2021)

14 slides from European Resources's shareholder meeting presentation, May 25, 2021

  1. Slide 1: Gold & Silver Exploration Success within the World Class Tethyan Mineral Belt

    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 – 25 May 2021 ASX Code: PRS

  2. 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

  3. 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

  4. Slide 4: Corporate & Capital Structure and Board & Management Team

    Corporate & Capital Structure and Board & Management Team Recent IPO: ASX PRS – Listed 4 December 2020. Raised $5m. $3.5m exploration expenditure planned on drilling over next 2 years Shares on Issue: 88.3m Chairman – Tom Mann Options on Issue: 17.0m Managing Director – Jason Beckton Share Price: $0

  5. Slide 5: Projects located within the prolifically well endowed Tethyan Mineral Belt

    Disclaimer and Competent Person Statemen Projects located within the prolifically well endowed Tethyan Mineral Belt 5

  6. Slide 6: Multiple Targets

    Multiple Targets Six 100% owned projects, Hodrusa-Hamre surrounding currently producing high-grade Rozalia Mine 6

  7. Slide 7: Zemplin Drilling April 2021

    Cejkov project – Zemplin Silver Prospect Zemplin Drilling April 2021 • Zemplin silver base metals (Cejkov-Zemplin Project) complete April and Krakauer gold silver zone (Nova Bana Project) currently being drilled • 2021 program underway - drill testing multiple gold and silver targets for a minimum 1

  8. Slide 8: Currently Drilling Zemplin Silver Base Metals Zone – Plan View

    Operations – Currently 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

  9. 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: • CZDD001: 4.5m @ 163.6 g/t Ag 0.2% Pb, from 85.3m including 3.6m @ 2

  10. Slide 10: Western Projects – Nova Bana and Hodrusa-Hamre

    Disclaimer and Competent Person Statement Western Projects – Nova Bana and Hodrusa-Hamre – drilling visible Au Zone at Krakauer now An underexplored historic multi-million ounce gold and silver field 10

  11. Slide 11: Drilling Krakauer Now – Visible Gold Silver

    Drilling Krakauer Now – Visible Gold Silver 11

  12. Slide 12: Prospech Growth Pathway – April to December 2021 Onwards

    Prospech Growth Pathway – April to December 2021 Onwards Drilling- Zemplin Ag Drilling and Anton Au Ag resource model Resource Drilling- Krakauer Au (current) Schopfer and Zemplin Ag LANF Ignac Bauch II Jasenie Bauch and Ignac III Au Schopfer Ag Au Drilling Hodrusa Drilling Ignac Drilling Bauch Krak

  13. Slide 13: Key Summary Investment Highlights

    Key Summary Investment Highlights • Current Enterprise Value only $8.6M • 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 & h

  14. Slide 14: Contacts

    Contacts Jason Beckton j.beckton@prospech.com Peter Nightingale pnightingale@prospech.com.au Richard Edwards redwards@prospech.com.au Nicholas Downes nicholas.downes@pelotoncapital.com.au Prospech Limited: Phone 02 9300 3333 Processing Zemplin Core - April 2021 Drilling Au Ag Krakauer – May 2021 www

Prospech — Shareholder Meeting (May 2021) on 6ix