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Investor Presentation - Mining Indaba - Cape Town
Investor Presentation - Mining Indaba - Cape Town
Perth, Feb 5, 2018 AEST (ABN Newswire) - Prospect Resources Ltd (ASX:PSC) provides the Company's latest Investor Presentation.

Prospect Resources Background

Prospect Resources Limited (ASX:PSC) an African Battery Minerals Company

Company has been built around core team made up of:

Africa Team - focus on exploration and development

- Strong and experienced local team with a track record of discovering, proving, building and operating mining projects in Africa

- Significant majority of the Prospect team based on the ground in the region

Australia Team - focus on transactions, financing, investor relations and corporate governance

- Small and focused Perth Based head office team

- Deep financial market and transaction experience

- Strong networks in China and region

Focus and Projects:

- Arcadia Lithium Project - taking into development stage

- Exploration - ongoing assessment and engagement on other relevant energy mineral opportunities currently undertaking exploration work:

o Good Days (Lithium - Zimbabwe)

o Tombolo (Copper/Cobalt - DRC)

o Chishanya Carbonatite (Rare Earth Elements - Zimbabwe)

- Prospect Resources Limited (ASX:PSC) is a battery minerals company based in Perth with operations in Zimbabwe, and exploration activities in Zimbabwe and the DRC

- Zimbabwe, under a new Government, is again a focus for international investors; Prospect is receiving significant domestic support for its plans and operations

- Prospect's Arcadia Lithium Project is one of the largest hard rock lithium resources in the world

- 7 year offtake for 100% of Phase 1 Production with Sinomine (strong Chinese partner) which includes full finance for the construction of the Mine and Plant also become major shareholder in Prospect via a share investment of A$10 million in the coming months - subject to conditions

- Drilling and exploration work expected to commence in DRC in coming months

- Oversubscribed $10M placing undertaken January 2018 - to allow further exploration work and to fund working capital

To view the full presentation, please visit:
http://abnnewswire.net/lnk/022331SU


About Prospect Resources Ltd

Prospect Resources Ltd ASX PSCProspect Resources Limited (ASX:PSC) is based in Australasia with operations in Zimbabwe and is a publicly listed company. We are committed to creating value for Prospect's shareholders and the communities in which our company operates. Our vision is to build a Southern African based mining company of international scale.

 


Contact

Hugh Warner
Prospect Resources Ltd
Executive Chairman
T: +61-413-621-652

Harry Greaves
Prospect Resources Ltd
Executive Director
T: +263-772-144-669
WWW: www.prospectresources.com.au



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