Prospect Resources Limited (ASX: PSC, FRA:5E8) is an ASX listed company focused on the exploration and development of battery and electrification metals mining projects in the broader sub-Saharan African region.
Prospect’s flagship Mumbezhi Copper Project (85%) is situated in the world-class Central African Copperbelt region of north-western Zambia. Located on a single Large-Scale Exploration Licence comprising approximately 356 km2 of highly prospective tenure, it lies in close proximity to several major copper mines hosted in similar geological settings including Kansanshi, Lumwana and Sentinel.
Prospect’s Phase 1 drilling commenced at Mumbezhi in July 2024, aimed at extending the mineralised footprint of the sedimentary-hosted copper mineralisation at the key Nyungu Central deposit. This programme has returned highly encouraging results, validating the growth potential of the significant endowment of copper mineralisation at Nyungu Central and delivering confidence in a potential future open pit development at Mumbezhi.
Prospect’s flagship Mumbezhi Copper Project (85%) is situated in the world-class Central African Copperbelt region of north-western Zambia. Located on a single Large-Scale Exploration Licence comprising approximately 356 km2 of highly prospective tenure, it lies in close proximity to several major copper mines hosted in similar geological settings including Kansanshi, Lumwana and Sentinel.
Prospect’s Phase 1 drilling commenced at Mumbezhi in July 2024, aimed at extending the mineralised footprint of the sedimentary-hosted copper mineralisation at the key Nyungu Central deposit. This programme has returned highly encouraging results, validating the growth potential of the significant endowment of copper mineralisation at Nyungu Central and delivering confidence in a potential future open pit development at Mumbezhi.
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