Another targeted result, finding those grades that move the needle. A lot of hard work by a very solid team.

David this is a great and simple illustration on how we are priorisitising our drilling. Worth the time to listen to understand @ProspectResLtd 2026 drilling rationale.👏👏

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

Mumbezhi keeps delivering!! Cash at A$41.6m, momentum strong, resource growth growing fromt he seasons drilling, and early scoping study metrics pointing to a robust outcome Q1 2027. Big year in play.

James brings a huge depth and experience to our exploration planning, well worth the time if you wish to follow our thinking with Mumbezhi.