Prospect Resources Unveils 107Mt Copper Resource, Secures A$15.2M from First Quantum

• Maiden Mineral Resource Estimate of 107.2Mt at 0.5% Cu for 515kt contained copper
• Updated Exploration Target of 420-1,050Mt at 0.4-0.6% Cu inclusive of maiden MRE
• Environmental and Social Impact Assessment approved and two Large Scale Mining Licences granted
• A$15.2 million strategic investment by First Quantum Minerals securing 15% stake and technical partnership