$PSC is an exploration & development mining business focussed on battery & electrification metals across Zimbabwe and the broader sub-Saharan African region.
Perth, Western Australia
Joined December 2018
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Today, Prospect Resources joins Zambia in celebrating Independence Day – marking 62 years of sovereignty, progress and national pride. We are proud to be part of Zambia’s ongoing growth through advancement of the Mumbezhi Copper Project. Happy Independence Day!
$PSC
Today, we recognise Zambia’s National Day of Prayer – a time for reflection, gratitude and hope. We stand together with our Zambian colleagues, partners and communities, and extend our warmest wishes for unity and peace across the country.
$PSC #ProspectResources
$PSC is proud to have donated four boreholes to communities across North-Western Zambia, improving access to reliable, sustainable and convenient water for households and key community facilities within the Kalumbila District.
$PSC has reported further high-grade #copper intersections at Nyungu Central, including 10m @ 1.10% Cu and 5.7m @ 1.51% Cu. Aircore drilling at Shikezi has also identified two significant copper anomalies, including a target extending over 1km.
bit.ly/3VJEvZX
$PSC Corporate Development Manager David Broomfield draws on more than 30 years’ experience as a geologist in the resources industry to explain what to look for in our upcoming Mumbezhi drilling results, including grade, width, depth and continuity.
$PSC has released its Argonaut #Copper Connect Day Presentation, highlighting the development pathway and growth potential of the Mumbezhi Copper Project, with a 1.02Mt contained CuEq resource and Phase 3 drilling in progress. bit.ly/4yzFZnT
Prospect Resources Ltd retweeted
We just got our first results back from infill drilling at Nyungu Central. One hole in particular is worth pausing on.
NCDD040 returned 18 metres at 1.31% copper from 148 metres depth, with strong accompanying cobalt and gold. By regional standards, that's a high-grade, shallow intercept, exactly the kind of result that gives real confidence as we build toward the Scoping Study.
What I want to draw attention to isn't just the grade. It's where this result sits in the process.
◉ This is 1 of 32 Phase 3 holes now completed at Nyungu Central, with results still pending for 20 more
◉ The assay backlog we've spoken about previously has been frustrating, and we've now solved for that and results are flowing consistently now
◉ We're also seeing continued high-grade intercepts in the zone south-east of Nyungu Central, still outside our current resource boundary
2 of our 4 rigs are about to move onto new ground entirely, Chipimpa and Kamafamba, both regional prospects we haven't tested before. That's a deliberate part of this year's programme: proving up Mumbezhi's potential beyond Nyungu Central, Kabikupa and West Mwombezhi, not just growing what we already know.
More results to come as assays are returned.
Latest @ProspectResLtd ASX release on this: bit.ly/4yiN0cK
Meet Ernest Lupiya, $PSC Liaison Officer and Community Development Specialist. Earnest brings more than 10 years’ experience in community development to Prospect Resources and leads local initiatives to support the community in North-Western Zambia. Watch below.
$PSC has delivered shallow, high-grade #copper intercepts from Phase 3 drilling at Nyungu Central, including 18m @ 1.31% Cu from 148m and 7.4m @ 1.11% Cu from 101m. bit.ly/4yiN0cK
$PSC Managing Director @SamHosack provides an update on the Mumbezhi #Copper Project in Zambia, discussing the growth of the Mineral Resource to 208Mt at 0.5% CuEq, the work that drove this growth and the Scoping Study that is on track for completion in Q1 2027. Watch below.
As part of $PSC’s community beekeeping initiative, 315 beehives have been distributed to 26 farmers in the Shalamba Community, located within the Kalumbila District of North-Western Zambia. Selected participants received comprehensive practical training in preparation.
IN BRIEF: $PSC MD and CEO @SamHosack on how the existence of long-standing bilateral power agreements supports future power delivery to Mumbezhi. Watch below.
$PSC Technical Manager John Maketo provides an update on work progressing at the Mumbezhi Copper Project, including the upcoming Scoping Study, engineering progress, benchmarking and the appointment of Lycopodium.
IN BRIEF: $PSC MD and CEO @SamHosack on the critical role that workforce readiness plays in early-stage mine development at Mumbezhi. Watch below
