Prospect Resources Ltd. · ASX:PSC
Prospect Resources — 2025 ADU Conference
14 slides from Prospect Resources's conference presentation, Sep 1, 2025
Slide 1: Leading Africa in the Electrification Metals Revolution
LEADING AFRICA IN THE For personal use only ELECTRIFICATION METALS REVOLUTION 1 September 2025 | ASX:PSC | FRA:5E8
Slide 2: Important Notices
For personal use only Important Notices 2
Slide 3: Prospect: Leading the Way
Prospect: Leading the Way Capital structure Market listings ASX: PSC | FRA: 5E8 Shares on issue 700.6 M ▪ Electrification and battery metals focused developer Share price (on 29 Aug 2025) A$0.205 Market capitalisation A$144 M For personal use only ▪ Proven track record in exploring, advancing and de
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 For personal use only Roger
Slide 5: We Are Proven Explorers and Developers
We Are Proven Explorers 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 the development of Arcadia from initi
Slide 6: Our Flagship Mumbezhi Copper Project
Our 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 ▪ Maiden JORC-reportable Mineral Resource estimate a
Slide 7: Zambia: A Re-Emerging Copper Powerhouse
Zambia: A Re-Emerging Copper Powerhouse An important global mining jurisdiction again on the rise ▪ Zambia launched an ambitious national strategy 3Mtpa Cu For personal use only targeting 3Mtpa annual copper production by 2031(1) Production Target ▪ Several initiatives introduced to support growing
Slide 8: 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- For personal use only class copper deposits/mines in NW Zambia ▪ Well-established regional transport, power and water infrastructure Kansanshi Sentinel Production (2024):
Slide 9: Maiden MRE and Updated Exploration Target
Maiden MRE and Updated Exploration Target Growing resource built on a strong foundation of Phase 1 drilling results1 Resource Tonnes Tonnes For personal use only Deposit Copper (%)* classification (millions)* Contained Cu* ▪ 43% of Nyungu Central MRE in the Indicated category, with 88% reporting as
Slide 10: Phase 2 Programme: Growth Extensions Defined
Phase 2 Programme: Growth Extensions Defined Excellent results to date with significant news flow in coming period ▪ Phase 2 drilling at Nyungu Central has extended Cu mineralisation up plunge (oxide/transitional zones to south) and down plunge into fresh sulphides (north) and For personal use only
Slide 11: Regional Tenement-Wide Prospectivity
Regional Tenement-Wide Prospectivity Strategic programmes targeting sizeable new copper discoveries ▪ 16km Nyungu “Corridor” trends at western edge of a domal feature defined by copper geochemistry, chargeable For personal use only IP and a predominantly mineralised NNE structures. ▪ Further targets
Slide 12: Compelling Metallurgical Results
Compelling Metallurgical Results High-grade copper concentrates with strong recoveries ▪ Excellent metallurgical results confirm production from For personal use only Mumbezhi as robust and scalable ▪ Standard flotation process worked effectively for both Nyungu Central and Kabikupa ▪ Coarse primary
Slide 13: Key Workstreams Advancing Rapidly
Key Workstreams Advancing Rapidly Clear pathway to grow and evidence underlying Mumbezhi Project value For personal use only Workstream CY2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 CY2026 Phase 1 infill and growth drilling programme 🗸 Metallurgical Studies 🗸 ◆ Environmental Social Impact Assessment…
Slide 14: 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)