Prospect Resources is pleased to provide the company's latest presentation held in November 2016. Corporate Snapshot Prospect Resources - Advanced lithium and gold company focused on rapid expansion of Lithium JORC Resources at the Arcadia Lithium Project in Zimbabwe - Arcadia is now largest JORC Lithium Resource in Africa - Top 10 Lithium Projects in the World - Experienced Board & Management Operating in Zimbabwe [...]
Prospect Resources is pleased to report the maiden JORC 2012 Code reportable Mineral Resource estimate for the Arcadia Lithium Deposit in Zimbabwe. The estimated Mineral Resource at Arcadia is 36.4 Mt @ 1.17 % Li2O, for 425,000 tonnes of contained Li2O (Table 1 in the link below). The Mineral Resource estimate also includes a large proportion of Measured, Indicated and Inferred Resources (fresh rock) at 31Mt grading [...]
Prospect Resourcesis pleased to report on another busy quarter of activities. Summary of Announcements: 4 July - Spodumene bearing pegmatite intersected. 6 July - 2nd drill hole intersects Spodumene bearing pegmatite. 12 July - 3rd & 4th drill hole intersects Spodumene bearing pegmatite. 19 July - Acquisition of option over God's Gift lithium project. 20 July - Prospect raises $14m in placement. 22 July - Fundraising [...]
Prospect Resources is pleased to report assay results of up to 8.85% Li2O from RC drill holes at the Company's Arcadia high grade lithium project. Prospect now has assay results from 20 diamond drill holes and 32 RC drill holes all of which will be included in the Company's maiden JORC reportable Mineral Resource planned for release by the end of October 2016. A summary of all holes is attached. Assay results returned a [...]
Prospect Resources is pleased to report assay results from RC drill holes at the Company's Arcadia high grade lithium project. All results are expected to be included in the Company's maiden JORC reportable Mineral Resource planned for release by the end of October 2016. Assay results returned a peak grade of 3.13% Li2O. Significant intersections are summarised as:
Prospect Resources is pleased to announce the signing of an option agreement on the Fimpimpa West Copper/Cobalt Project, northern Zambia. Fimpimpa West Copper/Cobalt Project lies within the Zambian Copper Belt. The project is preferentially located close to existing road, rail and power infrastructure. Initial Exploration Target of 15-25Mt at 1.0%-1.5% Cu.
Prospect Resources is pleased to report assay results from 4 more RC drill holes at the Company's Arcadia high grade lithium project. Assays from 9 RC drill holes have been received with results from another 23 RC holes pending. Assay results from the next 4 RC drill holes returned a peak grade of 4.31% Li2O. Significant intersections are summarised as (all true width):
The directors of Prospect Resources submit hereby the annual report of the Company and its subsidiaries for the financial year ended 30 June 2016. In last year's annual report we mentioned that one of our major shareholders reminded Harry Greaves and Hugh Warner of a famous quote by Bill Ackman: "Investing is a business where you can look very silly for a long period of time before you are proven right"... and rewarded [...]
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