Prospect Resources is pleased to announce the appointment of Mr Sam Hosack as Managing Director from 14 July 2018. Prior to 14 July, Sam will be employed by the Company as an executive on a part time basis. Mr Hosack is a third generation Zimbabwean, residing in Western Australia. He holds a Bachelors Engineering Degree from Essex University in UK [...]
Prospect Resources is pleased to announce that the Zimbabwean Minister for Mines and Mining Development, the Honourable Winston Chitando, visited the Company's lithium carbonate pilot plant in Kwekwe, Zimbabwe this week to see first-hand the work that Prospect is doing to create battery grade lithium carbonate. Prospect's lithium carbonate pilot [...]
Prospect Resources is pleased to report on another busy quarter of activities. Summary of Significant Announcements in the Quarter and up to the date of this announcement: 17 January - New Zimbabwe Government gives Priority Status to Arcadia 31 January - Prospect Raises A$10,000,000 via share placement 2 February - Prospect acquires option over [...]
Prospect Resources is pleased to announce that Hunter Capital Advisors has today published a research report on the Company. Hunter Capital Advisers is an independent, full service corporate advisory firm and has a strong reputation within the mining sector. To view the report. Prospect Resources is based in Australasia with operations in Zimbabwe [...]
On 10 November 2017, Prospect Resources announced a conditional placement and framework agreement with Sinomine Resources Exploration Co. Ltd and Sinomine International Exploration Co. Ltd and offtake agreement with Sinomine Resource International Trading Co. On 12 February 2018, Prospect announced an extension of time to complete the transaction [...]
Prospect Resources is pleased to announce that it has revised its Pre-Feasibility Study over the Arcadia Lithium Project in Zimbabwe. - Positive improvements in key project parameters further enhances the economics of the project confirming arcadia as a significant future supplier of lithium to the global market. UPDATED PFS HIGHLIGHTS: - Increased [...]
The directors of Prospect Resources and its controlled entities submit herewith the financial report of the Group for the half-year ended 31 December 2017. REVIEW OF OPERATIONS The first half of the year focussed on infill drilling of the proposed Arcadia pit, bulk sampling and grade control, building our lithium carbonate laboratory, meeting [...]
Prospect Resources provides the Company's latest Investor Presentation. Prospect Resources Background Prospect Resources an African Battery Minerals Company Company has been built around core team made up of: Africa Team - focus on development and exploration - Strong and experienced local team with a track record of discovering, proving, building [...]
Prospect Resources, is pleased to announce that it has exercised its option to acquire the Good Days Lithium Project, which was first signed on 12th June 2017. Prospect's flagship project is the Arcadia Lithium Project located on the outskirts of Harare in Zimbabwe. The Arcadia Lithium Project represents a globally significant hard rock lithium [...]
Prospect Resources has established a laboratory complex in the Kwekwe area which is now fully functional and supporting the laboratory scale and pilot scale production of lithium carbonate. Highlights: - Commissioning commences at Prospect Resources' battery grade lithium carbonate pilot plant in Kwekwe, Zimbabwe - Small scale production of Battery [...]
On 12 February 2018, Prospect announced that it agreed to extend the period to complete the proposed $10m placement to Sinomine Resource Exploration Co Ltd to 31 March 2018. Prospect granted the extension at Sinomine's request. As previously announced, Sinomine's reason for requesting an extension was to allow for further time to discuss: 1) the [...]
On 31 January 2018, Prospect announced that it had raised $10m via the issue of new shares at 6c per share, with settlement proposed for Monday 5 February 2018. An Appendix 3B was issued on Tuesday 6 February 2018, confirming the allotment of shares under this placement. On Monday 5 February 2018 and Tuesday 6 February 2018, the ASX 200 dropped [...]
