Shallow, Wide, plus 1% Cu Intercepts at Nyungu Central

• First infill drilling hole at Nyungu Central returned 18m @ 1.31% Cu
• Additional high-grade intercepts from extensional drilling
• Mumbezhi Scoping Study on track for Q1 2027 release

Prospect Resources Limited has reported significant copper intercepts from the first infill diamond drilling hole at Nyungu Central, Zambia. The hole returned 18m @ 1.31% Cu from 148m, 7.4m @ 1.11% Cu from 101m, and 30.6m @ 0.42% Cu from 52m. Further assays from extensional drilling also delivered high-grade copper intercepts from the zone immediately to the south-east of Nyungu Central, including 19.8m @ 0.83% Cu from 87.3m and 26m @ 0.46% Cu from 118m. The Mumbezhi Scoping Study remains on track for completion and release in Q1 2027.

Prospect Resources expects continued high-grade intercepts from ongoing drilling at Nyungu Central and anticipates further significant discoveries in the region.