Prospect Resources Limited is pleased to advise that its wholly-owned Singapore-based subsidiary, Prospect Copper Holdings Pte. Ltd. (PCH), has executed a Share Sale and Purchase Agreement with Global Development Cooperation Consulting Zambia Limited (GDC) to acquire an additional 5% interest in the Mumbezhi Copper Project in north-western Zambia. Upon completion of the Agreement, PCH will hold a 90% interest in Mumbezhi (currently 85% Prospect; moving to 90%). Prospect’s Managing Director and CEO, Sam Hosack, commented:“We are pleased to have moved to increase our interest in the world-class Mumbezhi Copper Project on attractive terms. Our recent equity raising allows us to move forward with confidence on a planned aggressive 50,000m of resource and regional exploration focused drilling at Mumbezhi during 2026-27.”

Source: The North Africa Journal March 05, 2026 12:36 UTC