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 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.
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