Prospect Resources Limited

We invite you to watch an insightful interview with our Managing Director, Sam Hosack, on The Assay TV, where he provides a comprehensive update on Prospect Resources and our progress in Zambia’s copper sector.   During the discussion, Sam highlights the exceptional results from Nyungu Central (part of our Mumbezhi Copper Project), where drilling has regularly intersected between 40 and 60 metres of mineralisation grading between 0.6%-0.8% copper. This is considered high-grade for the region and presents significant economic potential given its near-surface nature, delivering amenability for open-pit mining.   As we move forward, key milestones include the release of a maiden resource estimate, continued exploration to define further upside and our pending application for a mining licence.   To hear more about our strategy, results and the exciting future ahead, watch the full interview here: https://bit.ly/41iigup 121 Group #ProspectResources #PSC #Copper #Zambia #Mumbezhi #MumbezhiCopperProject #Africa

"Copper is such a critical mineral in our future.” Sam Hosack Last week, during the Investing in African Mining Indaba, our Managing Director, Sam Hosack spoke with BRR Media. The interview covered an overview of Prospect Resources, the great potential of our Mumbezhi Copper Project in Zambia and our strategic vision for the future.   We invite you to watch the full interview here: https://bit.ly/4jOVjWR #ProspectResources #PSC #Copper #Zambia #Mumbezhi #MumbezhiCopperProject #Africa

That’s a wrap! The Prospect Resources team had a highly productive time at Investing in African Mining Indaba 2025 in Cape Town.   Our Managing Director, Sam Hosack, took the stage at The Dealmakers Den session, where junior mining companies pitched their Africa-based critical minerals projects to a panel of distinguished investors. Sam delivered a compelling pitch on Prospect Resources and our flagship Mumbezhi Copper Project in Zambia.   Meanwhile, our Country Manager, Mwelwa Manda, participated in a panel discussion during a Mining Indaba side event, exploring Africa's crucial role in the global energy transition. He provided key insights on how Zambia can leverage the rising demand for critical minerals while ensuring sustainable development for local communities.   This conference was a fantastic opportunity to connect with industry leaders, share our vision for Mumbezhi and engage in meaningful discussions about the future of Africa’s mining sector.   A big thank you to the organisers, fellow attendees and everyone who took the time to connect with us - we appreciate the insightful conversations and valuable connections! #ProspectResources #PSC #Copper #Zambia #Mumbezhi #MumbezhiCopperProject #Africa

🚨 #FiZ_QuickTake 🚨 At the Mining Indaba, Sam Hosack, Managing Director of Prospect Resources Limited, highlighted the company’s goal of developing a tier-one asset in Zambia’s Northwest. With strong community backing, the Mumbezhi Copper Project aims to drive economic growth and uplift local communities. #FinancialInsight #Get2Know

Global Business Reports (GBR) 11th edition of MACIG – Mining in Africa Country Investment Guide highlights Zambia’s ambition to expand copper production. Minister of Mines, Paul Kabuswe reaffirmed the country’s commitment, stating, “Zambia is ready for business,” with a clear target of 3 million metric tonnes of annual copper production by 2031. He emphasised the importance of attracting investment, maintaining a stable policy environment and ensuring mining projects drive economic and social benefits.   This vision aligns closely with Prospect Resources’ growth strategy at the Mumbezhi Copper Project. As demand for copper continues to rise, driven by battery technology and electrification, Zambia’s supportive policies and world-class copper potential create an exciting environment for resource development.   With a strong financial position and a highly experienced team, we are well-positioned to advance our exploration and development activities throughout CY2025. We look forward to contributing to Zambia’s long-term copper success.   Read the digital publication here: https://bit.ly/4hugX15 #ProspectResources #PSC #Copper #Zambia #MineralExploration #Mumbezhi #MumbezhiCopperProject #MiningInvestment #Electrification

Prospect Resources was thrilled to have our Managing Director, Sam Hosack, present at the Investing in African Mining Indaba 2025 in Cape Town. Sam participated in The Dealmakers Den session, where junior mining companies had the opportunity to pitch their Africa-based critical minerals projects to a panel of distinguished investors.   With our flagship Mumbezhi Copper Project in Zambia rapidly advancing, this platform provided a fantastic opportunity to showcase its scale, growth potential and significance in the global electrification metals revolution.   We invite you to explore our presentation and learn more about how we’re leading the way in Africa’s copper future.   Read the presentation here: https://bit.ly/4hIx2Aa #ProspectResources #PSC #Copper #Zambia #MineralExploration #Mumbezhi #MumbezhiCopperProject #MiningIndaba #MiningInvestment

Investing in African Mining Indaba Prospect Resources Limited | Panel Discussions Prospect Resources Zambia Country Manager Mwelwa Manda was on a panel discussion at The Welgemeend in Cape Town at a Mining Indaba Side event. He shared some critical mining insights which Financial Insight Zambia will be unpacking in an exclusive interview tomorrow on our platforms. #ProspectResources #FinancialInsight #Get2know

Zambia's Mining Future: Prospect Resources Limited to Share Insights on Panel Discussions at Mining Indaba 2025 Prospect Resources' Zambia Country Manager, Mwelwa Manda, is set to join an influential panel of industry leaders at Mining Indaba 2025, addressing Africa's pivotal role in the global energy transition through critical minerals development. The high-level panel discussion brings together diverse perspectives from investment, operations, and financial services sectors to explore how Africa can position itself as a key supplier of green metals in the global supply chain. The session will feature insights from CrossBoundary Group's Tolu Disu as moderator, alongside industry veterans including Erez Ichilov of Cedrus Arbor LLC, Billy Mawasha of Kolobe Nala Investments, and Meta Mhlarhi of Mahlako Financial Services. "Zambia's vast mineral wealth extends beyond copper to include various critical minerals essential for the energy transition," notes Financial Insight Zambia's Clarence Chongo. "Prospect Resources' participation in this discussion highlights Zambia's growing importance in the battery metals space." The discussion comes at a crucial time when Zambia, along with other African nations, is positioning itself to play a major role in the global critical minerals supply chain. The panelists will address both opportunities and challenges, including regulatory environments, investment attraction, and sustainable development practices. Financial Insight will provide comprehensive coverage of this strategic discussion, offering viewers and readers detailed analysis of how Zambia and broader Africa can capitalize on the growing demand for critical minerals while ensuring sustainable development for local communities. #ProspectResources #FinancialInsight #MiningIndaba #MI25 #Get2know

Prospect Resources is pleased to announce excellent results from Phase 1 exploration drilling at the Kabikupa Prospect within the Mumbezhi Copper Project. Initial assays from five diamond drill holes (1,104m) have returned significant copper sulphide mineralisation over an 820m strike length, extending the footprint of the existing high-grade copper mineralisation.   Notable intercepts include: 31.4m @ 0.60% Cu from 118m, incl. 10.5m @ 1.05% Cu (KKDD002) 29.0m @ 0.50% Cu from 106m, incl. 8.0m @ 0.77% Cu (KKDD005) 27.0m @ 0.83% Cu from 92m, incl. 10.0m @ 1.76% Cu (KBDD001)   The results demonstrate semi-continuous, sub-parallel zones of mineralisation, open along strike and at depth. Geophysical and geochemical data support the potential for a significant resource at Kabikupa.   An initial Mineral Resource estimate for Kabikupa, alongside Nyungu Central, is expected in Q1 2025. Further drilling will continue as part of Phase 2.   Sam Hosack, Managing Director and CEO, stated, “Kabikupa represents the first regional exploration drilling we have completed since acquiring the Mumbezhi Project in Q2 2024. We are delighted with the results from the five exploratory diamond holes drilled there last year at the end of our Phase 1 Mumbezhi programme. Wide intervals exhibiting strong copper tenor have validated the IP anomalism that drove us to accelerate drilling of Kabikupa into Phase 1, along with the limited historical drill results that existed over the prospect.”   Prospect remains on track for continued progress at the Mumbezhi Copper Project.   Read the full announcement here: https://bit.ly/42vxopn   #ProspectResources #PSC #Copper #Zambia #MineralExploration #Mumbezhi #MumbezhiCopperProject

Our Managing Director, Sam Hosack, will be presenting at the Investing in African Mining Indaba 2025 in Cape Town. Sam will be participating in The Dealmakers Den, where junior mining companies have the unique opportunity to pitch their Africa-based critical minerals projects to a panel of distinguished decision-making investors.   Event Details: 🔸Tuesday, 4th February 2025 🔸2:00 – 4:00pm (Cape Town International Convention Centre)   Register here: https://bit.ly/40POI7b   We look forward to sharing our Mumbezhi Copper Project with the industry.   #ProspectResources #PSC #Copper #MiningIndaba2025 #Mumbezhi #MumbezhiCopperProject #Africa #InvestmentOpportunities