Aankondiging • May 13
European Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.365434 million. European Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.365434 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 100,000,000
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Security Name: [Ordinary Shares
Security Type: Common Stock
Securities Offered: 124,362,235
Price\Range: AUD 0.015
Discount Per Security: AUD 0.00015
Security Features: Attached Options
Transaction Features: Rights Offering Aankondiging • Apr 24
European Resources Limited, Annual General Meeting, May 27, 2026 European Resources Limited, Annual General Meeting, May 27, 2026. Location: at level 2, 66 hunter street, sydney, nsw, 2000, Australia New Risk • Mar 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (32% average weekly change). Earnings have declined by 8.4% per year over the past 5 years. Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$8.38m market cap, or US$5.74m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Aankondiging • Mar 17
European Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4.262882 million. European Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4.262882 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 224,362,235
Price\Range: AUD 0.019
Discount Per Security: AUD 0.00114
Security Features: Attached Options
Transaction Features: Rights Offering New Risk • Dec 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 8.4% per year over the past 5 years. Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$7.59m market cap, or US$5.08m). New Risk • Oct 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 73% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.4% per year over the past 5 years. Shareholders have been substantially diluted in the past year (73% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$14.1m market cap, or US$9.17m). Minor Risk Share price has been volatile over the past 3 months (19% average weekly change). Aankondiging • Oct 03
Prospech Limited has completed a Follow-on Equity Offering in the amount of AUD 2.17029 million. Prospech Limited has completed a Follow-on Equity Offering in the amount of AUD 2.17029 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 40,000,000
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 68,235,968
Price\Range: AUD 0.015
Discount Per Security: AUD 0.00015
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 36,450,000
Price\Range: AUD 0.015
Discount Per Security: AUD 0.00075
Security Features: Attached Options
Transaction Features: Rights Offering Aankondiging • Sep 01
Prospech Limited has filed a Follow-on Equity Offering in the amount of AUD 1.62354 million. Prospech Limited has filed a Follow-on Equity Offering in the amount of AUD 1.62354 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 40,000,000
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 68,235,968
Price\Range: AUD 0.015
Discount Per Security: AUD 0.00015
Security Features: Attached Options
Transaction Features: Rights Offering New Risk • Jul 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 17% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$6.06m market cap, or US$3.97m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). Aankondiging • May 29
Prospech Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million. Prospech Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Transaction Features: Subsequent Direct Listing Aankondiging • Apr 04
Prospech Limited, Annual General Meeting, May 07, 2025 Prospech Limited, Annual General Meeting, May 07, 2025. Location: level 2, 66 hunter street, sydney, nsw, 2000 Australia New Risk • Mar 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 17% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$7.56m market cap, or US$4.76m). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding). New Risk • Feb 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 23% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$8.88m market cap, or US$5.58m). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding). Aankondiging • Oct 21
Prospech Limited has filed a Follow-on Equity Offering in the amount of AUD 2.269708 million. Prospech Limited has filed a Follow-on Equity Offering in the amount of AUD 2.269708 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 75,656,938
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0021
Transaction Features: Rights Offering New Risk • Sep 14
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.9m free cash flow). Earnings have declined by 23% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$9.68m market cap, or US$6.49m). Minor Risk Shareholders have been diluted in the past year (38% increase in shares outstanding). Aankondiging • Jun 18
Prospech Limited has completed a Follow-on Equity Offering in the amount of AUD 1.071808 million. Prospech Limited has completed a Follow-on Equity Offering in the amount of AUD 1.071808 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 32,479,033
Price\Range: AUD 0.033
Discount Per Security: AUD 0.00198
Transaction Features: Subsequent Direct Listing Aankondiging • Apr 20
Prospech Limited, Annual General Meeting, May 21, 2024 Prospech Limited, Annual General Meeting, May 21, 2024, at 11:00 E. Australia Standard Time. Location: Level 2, 66 Hunter Street, 2000 Sydney New South Wales Australia Agenda: To receive and consider the Company's annual financial report, the directors' report and the auditors' report for the year ended 31 December 2023; to consider the adoption of the Remuneration Report for the year ended 31 December 2023; to consider the re-election of a Directors; to consider a ratification of the Issue of 12,967,742 Shares; to consider the approval of Remuneration Report; to consider the re-e-election of Stephen Gemell as a Director; and to discuss other matters. New Risk • Mar 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.3m free cash flow). Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (166% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$10.5m market cap, or US$6.87m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Recent Insider Transactions • Dec 09
Non-Executive Chairman recently bought AU$74k worth of stock On the 30th of November, Thomas Mann bought around 2m shares on-market at roughly AU$0.041 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Thomas' only on-market trade for the last 12 months. New Risk • Dec 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 28% per year over the past 5 years. Shareholders have been substantially diluted in the past year (154% increase in shares outstanding). Revenue is less than US$1m (AU$2.0k revenue, or US$1.3k). Market cap is less than US$10m (AU$7.63m market cap, or US$5.04m). Aankondiging • Dec 01
Prospech Limited has filed a Follow-on Equity Offering in the amount of AUD 2.085783 million. Prospech Limited has filed a Follow-on Equity Offering in the amount of AUD 2.085783 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 67,283,324
Price\Range: AUD 0.031 New Risk • Oct 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.6m free cash flow). Earnings have declined by 28% per year over the past 5 years. Shareholders have been substantially diluted in the past year (149% increase in shares outstanding). Revenue is less than US$1m (AU$2.0k revenue, or US$1.2k). Market cap is less than US$10m (AU$5.05m market cap, or US$3.19m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). New Risk • Aug 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.8m free cash flow). Earnings have declined by 30% per year over the past 5 years. Shareholders have been substantially diluted in the past year (149% increase in shares outstanding). Revenue is less than US$1m (AU$2.0k revenue, or US$1.3k). Market cap is less than US$10m (AU$6.15m market cap, or US$3.95m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change). Aankondiging • Jan 17
Prospech Limited Announces High Grade Copper-Cobalt-Silver Results from Kolba The Directors of Prospech Limited to advise that assay results from 36 rock chip samples taken from spoil dumps adjacent to surveyed historical Svatnodusa mine workings in the recently acquired Kolba exploration licence have returned high grade results and, together with the data from an ionic leach soil geochemistry program, have extended the project's exploration potential to over 1.8 kilometres. The Kolba-Svatodusna structure has not been drilled but has been mapped and sampled by the Slovak government geological service in the early 1990s and recent academic studies indicate copper-cobalt-nickel-silver sulphides in primary mineralisation. Mineralised zones are typically several hundred metres long with the most abundant sulphide minerals being chalcopyrite (copper-iron-sulphide mineral) and tetrahedrite (silver-rich copper-antimony-sulfosalt mineral) with common inclusions of gersdorffite (nickel-arsenic-sulphide mineral) and cobaltite (cobalt-arsenic-sulphide mineral). The Svatodusna historical mining area is located 1.5 kilometres to 1.8 kilometres along strike to the south-west from the Kolba prospect and historical mine workings. Assay results from 36 rock chip samples taken from spoil dumps adjacent to surveyed historical Svatodusna mine workings are reported in full below and are summarised as: The main locus of the high grade mineralisation is postulated to be proximal and parallel to the contact between the footwall granitic unit and the schists and amphibolites. Conversely, government mapping features mineralised structures normal to this contact and Prospech's ionic leach soil geochemistry detects broader zones of anomalism over 150 metres from the contact, within the hosting schists. In late 2022, two orientation lines of soil sampling the company completed across the Kolba prospect. Sampling of residual soils has been shown to be a useful exploration technique for the Kolba-Svatodusna prospect. Both orientation lines show strong copper, cobalt, silver and nickel anomalies with the stronger values on the line over the old workings. The footwall granite is associated with low values in the above elements and is in distinct contrast with the strongly anomalous response over the hosting metamorphic units. The results support the contact between the footwall granite and the host metamorphic sequence may be an important control on mineralisation. The anomalies are quite wide, extending for at least 150 metres from the granite contact. Considering the recent rock chip results and the soil geochemistry, the Kolba-Svatodusna target zone now extends for 1.8 kilometres and is open along strike. Board Change • Jan 05
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director John Levings was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Nov 16
Prospech Limited Announces Initial Surface Sampling Returned High Grade Results from the Newly Acquired Kolba Exploration Licence Prospech Limited announced that initial surface sampling returned high grade results from the newly acquired Kolba exploration licence. Sample results are from the Kolba prospect and additional sampling from the south-west strike extension Svatodusna in currently underway. Kolba is part of the Svatodusna - Podlipa geologic system with mineralisation consisting of cobalt- nickel sulpho-arsenides. The Kolba - Svatodusna structure has not been drilled but has been mapped and sampled by the Slovak government geological service in the early 1990s and recent academic studies indicate copper-cobalt-nickel-silver sulphides in primary mineralisation. Mineralised zones are typically several hundred meters long with the most abundant sulphide minerals being chalcopyrite (copper-iron-sulphide mineral) and tetrahedrite (copper-antimony-sulfosalt mineral) with common inclusions of gersdorffite (nickel-arsenic-sulphide mineral) and cobaltite (cobalt-arsenic-sulphide mineral). Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director John Levings was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 14
Prospech Limited Announces Receipt of Assay Results from Recently Completed Four-Hole Diamond Drilling Program, Targeting Low Angle Normal Fault Within Hodrusa Exploration License The Directors of Prospech Limited announced the receipt of assay results from a recently completed four-hole diamond drilling program, targeting the Low Angle Normal Fault (`LANF') within the Hodrusa exploration licence. The holes were drilled to intersect shallow, medium strength IP anomalies, which also coincided with historical mine workings between the Ignac and Banky prospects which had been previously drilled by Prospech with some encouraging gold and silver results. The recent drilling is considered an important further test of the LANF concept and the use of IP-Resistivity geophysics as an exploration tool at Hodrusa. The geological sequence intersected in the drilling revealed the presence of considerable epithermal- style alteration, stockworking and veining, providing proof of concept support for the LANF geologic model and the use of geophysics as an exploration tool at Hodrusa. The highest assay result from the drilling was returned from hole LANF001, which intersected backfilled old workings between 76.6 and 77.2 metres down hole (Figure 1). Assays of this backfill material, which is not insitu mineralisation, were 4.62 g/t Au and 598 g/t Ag. All holes intersected promising epithermal stockworks, but assay results returned only anomalous gold and silver. See Table 1 for the complete assay results. The nearby, currently operating Rozalia Mine is considered to be geologically controlled and hosted by the LANF, the up-dip surface trace of which falls mainly within Prospech's Hodrusa exploration licence. This most recent LANF drilling program is the continuation of the Company's previous exploration at the Ignac, Banky and Bauch targets, all of which are interpreted to lie within the surface outcropping expression of the LANF. Previously reported exploration results at Ignac, Banky and Bauch include: Rock chip assay results at Ignac of up to 47.3 g/t Au and 1,500 g/t Ag with 42 samples averaging 7.8 g/t Au and 330 g/t Ag (ASX announcement: Prospectus 3 December 2020). Ignac drilling results (ASX announcement: Prospectus 3 December 2020) include: IRDD001: 4.0m @ 4.8 g/t Au and 22 g/t Ag from 190.0m including 1.0m @ 13.7 g/t Au and 20 g/t Ag from 190.0m. IRDD002: 0.4m @ 15.6 g/t Au and 46 g/t Ag from 174.0m and 0.4m @ 8.3 g/t Au and 117 g/t Ag from 195.8m. Rock chip assay results at Banky of up to 36.2 g/t Au and 1,300 g/t Ag (ASX announcement: Hodrusa-Hamre IP Survey Completed 9 December 2021). Bauch drilling results (ASX announcement: Gold and Silver Intersections in Completed Bauch Program 2 February 2021) include: BADD001: 1.0m @ 12.8 g/t Au and 380 g/t Ag from 89.1m, BADD003: 1.0m @ 2.4 g/t Au and 11 g/t Ag from 76.0m. Aankondiging • Sep 26
Prospech Limited Reports Results for Phase 2 Drilling At the Schopfer Gold-Silver Prospect Within the Hodrusa Exploration Licence, Located in the Central Slovakian Neovolcanic Belt The Directors of Prospech Limited reported results for Phase 2 drilling at the Schopfer gold-silver prospect within the Hodrusa exploration licence, located in the Central Slovakian neovolcanic belt. The Schopfer vein has estimated historical production of 1 million tonnes at 2 to 5 g/t gold and 200 to 500 g/t silver for a total 64 to 160k ounces of gold and 6 to 16 million ounces of silver. Although the Schopfer Vein structure is visually strong, and there is a significant thickness of stockwork veining in the hanging wall, it is clear from the assays that SCDD025 missed one of the high-grade shoots evidenced by the historical underground sampling. A total of 20 BQ diamond core holes were completed in 2018 averaging 5 metres in depth using a handheld portable diamond rig. Previously, four surface diamond holes were completed in 2017, targeting the Luisa Shoot 500m south of the current target area under the `Main' shoot. Previously reported results from the BQ Underground micro-drilling drilling include: SCDD001: 2.8m @ 2.2 g/t Au and 151 g/t Ag from 0.6m, SCDD002: 0.9m @ 1.9 g/t Au and 188 g/t Ag from 0.0m, SCDD003: 3.0m @ 2.5 g/t Au and 233 g/t Ag from 0.0m, SCDD004: 1.5m @ 5.6 g/t Au and 258 g/t Ag from 0.0m, SCDD015: 3.0m @ 1.0 g/t Au and 101 g/t Ag from 0.0m, SCDD020: 1.0m @ 2.0 g/t Au and 136 g/t Ag from 0.0m, SCDD021: 1.6m @ 2.7 g/t Au and 478 g/t Ag from 0.0m, SCDD022: 0.9m @ 2.3 g/t Au and 236 g/t Ag from 1.0m, SCDD023: 1.9m @ 1.7 g/t Au and 180 g/t Ag from 1.0m, SCDD024: 5.0m @ 2.9 g/t Au and 401 g/t Ag from 0.0m. Aankondiging • Sep 16
Prospech Limited Announces High Grade Cobalt-Copper-Nickel Project Granted The Directors of Prospech Limited advised that a new exploration licence has been applied for and granted at minimal cost to the Company. Kolba is part of the Svatodusna - Podlipa geologic system with mineralisation consisting of cobalt-nickel sulpho-arsenides. The Podlipa Mine, within the Kolba tenement, was worked in the 1800s with copper grades from 2% to 17%. The Kolba - Svatodusna structure has not been drilled but has been mapped and sampled by the Slovak government geological service in the early 1990s and recent academic studies indicate cobalt-copper-nickel-silver sulphides in primary mineralisation, making it an attractive exploration target. Quartz-carbonate-sulphide veins of Cretaceous (Paleo-Alpine age) are hosted in Permian meta-sandstones and greywackes as well as in the underlying ortho-gneisses. The mineralisation is represented by hydrothermal veins and stockworks, in eastwest trending zones. Mineralised zones are typically several hundred meters long with the most abundant sulphide minerals being chalcopyrite (copper-iron-sulphide mineral) and tetrahedrite (copper-antimony-sulfosalt mineral) with common inclusions of gersdorffite (nickel-arsenic-sulphide mineral) and cobaltite (cobalt-arsenic-sulphide mineral). Aankondiging • Aug 03
Prospech Limited Commences Diamond Core Drilling of the Low Angle Normal Fault The Directors of Prospech Limited announced the commencement of diamond core drilling of the Low Angle Normal Fault (or Detachment Fault) (`LANF'). The orebody being exploited at the nearby, operating Rozalia Mine, is believed to be geologically controlled by the LANF, the up-dip surface trace of which falls mainly within Prospech's Hodrusa-Hamre exploration licence. The LANF drilling program is the culmination of the Company's previous exploration at the Ignac, Banky and Bauch targets, all of which lie on the surface trace of the LANF, and the results of the IP-Resistivity survey completed by the Company in December 2021. These results from targets on the surface trace of the LANF, together with the recognition that the orebody being exploited at the nearby, operating Rozalia Mine, is believed to be geologically controlled by the LANF, led the Company to complete an IP geophysical survey in 2021 which detected a number of IP and resistivity anomalies, including a standout IP anomaly is situated 300 metres along strike from the Ignac prospect, between the Ignac and Banky prospects (ASX announcement: Hodrusa- Hamre IP Survey Completed 9 December 2021). The planned LANF drillholes LANF001 to LANF003 are designed to test the strike and depth potential of a silver and base metal mineralised system along the strike of the LANF surface from the previously drilling Ignac area to the south. In total, there is 700m of strike from Banky with IP and resistivity targets shown as red bullseyes on the long section below. Aankondiging • Jul 06
Prospech Limited Commences Schopfer Phase 2 Gold-Silver Drilling The Directors of Prospech Limited advised that Phase 2 drilling has commenced at the Schopfer gold-silver prospect within the Hodrusa exploration licence, located in the Central Slovakian neovolcanic belt. The drilling target consists of hanging wall and footwall of the Schopfer vein and area around the intersection of the Schopfer with the Keleti and Klement-Stefan veins, as well as the main vein structure at depth. The intersection of vein trends is observed to coincide with intensive historical underground exploration and mining, which is probably related to structural dilation zones hosting thicker zones of higher grade material. Mining at Schopfer finished in the late 1940s when the emphasis shifted to base metal production at other production centres in the Hodrusa caldera. Prospech has carried out underground micro-drilling at Schopfer to confirm the grades in remnant mineralised shoots. The micro-drilling was focused on part of the Luisa shoot in the southern portion of the Schopfer structure. A total of 20 BQ diamond core holes were completed averaging 5 metres in depth by use of a handheld portable diamond rig. In addition, 4 surface diamond holes were completed in 2017 targeting the Luisa shoot 500m south of the current target area under the main Schopfer shoot. Phase 2 drill hole SCDD025 is targeted to drill under the main central at Schopfer, 500 metres along strike the north of the Luisa shoot tested by Prospech by BQ underground drilling and surface drilling. Aankondiging • Jun 30
Prospech Limited Announces Final Drilling Results - Zemplin Silver - Phase 2 The Directors of Prospech advised that Phase 2 drilling has been completed at the Zemplin silver-lead-zinc prospect within the Cejkov- Zemplin exploration licence, located in the Eastern Slovakian neovolcanic belt. This program follows Prospech drilling in April 2021, which intersected over 40 epithermal veins hosted within zones of hydrothermally altered volcanics. The Zemplin structure consists of parallel zones which remain open to the northwest and southeast. The main silver zone is now interpreted as being a narrow series of parallel structures. Results from the Phase 2 drilling include: CZDD007: 0.5m @ 98 g/t Ag from 103.5m, 0.5m @ 191 g/t Ag from 171.0m, CZDD008: 1.0m @ 21 g/t Ag from 269.0m,5.0m @ 7 g/t Ag and 0.31 g/t Au from 285.0m, CZDD009: 1.0m @ 42 g/t Ag from 180.8m, 0.5m @ 516 g/t Ag and 0.74 g/t Au from 180.8m, 0.5m @ 23 g/t Ag and 1.35 g/t Au from 194.0m, CZDD010: 1.0m @ 34 g/t Ag and 0.17 g/t Au from 140.0m, Previously reported results from the Phase 1 drilling at Zemplin include: CZDD001: 3.0m @ 136 g/t Ag from 59.0m, and 4.5m @ 147 g/t Ag from 85.3m including 2.3m @ 240 g/t Ag from 87.5m, CZDD002: 6.0m @ 30 g/t Ag from 111.0m, CZDD003: 6.0m @ 117 g/t Ag from 94.0m, including 1.8m @ 291 g/t Ag from 97.2m, CZDD004: 4.4m @ 34 g/t Ag, from 49.6m, and 4.3m @ 201 g/t Ag from 92.5m, including 0.5m @ 1,220 g/t Ag from 92.5m, CZDD005: 0.35m @ 61 g/t Ag from 93.65m, 1.5m @ 33 g/t Ag from 118m, 1.0m @ 148 g/t Ag and 0.46 g/t Au from 118m, CZDD006: 3.0m @ 24 g/t Ag from 140m, 5.0m @ 8 g/t Ag and 0.23 g/t Au from 303m. Aankondiging • May 19
Prospech Limited Announces Interim Drilling Results The Directors of Prospech Limited announced that Phase 2 drilling has been completed at the Zemplin silver-lead-zinc prospect within the Cejkov-Zemplin exploration licence, located in the Eastern Slovakian neovolcanic belt. Zemplin is a silver rich epithermal vein system discovered by the Slovak Government and Rio Tinto in the 1990s, which, until recent drilling by Prospech, was never followed up. This program follows the successful Prospech drilling in April 2021, which intersected over 40 epithermal veins hosted within zones of hydrothermally altered volcanics. Results from two holes, CZDD005 and CZDD006, of the Zemplin Phase 2 drilling have been received, with CZDD007 to CZDD010 currently being processed. CZDD005: 35m @ 61 g/t Ag from 93.65m. 1.5m @ 33 g/t Ag from 118m. 1.0m @ 148 g/t Ag and 0.46 g/t Au from 118m. CZDD006: 3.0m @ 24 g/t Ag from 140m. 5.0m @ 8 g/t Ag and 0.23 g/t Au from 303m. Previously reported results from the Phase 1 drilling at Zemplin include: CZDD001: 3.0m @ 136 g/t Ag from 59.0m and 4.5m @ 147 g/t Ag from 85.3m including 2.3m @ 240 g/t Ag from 87.5m. CZDD002: 6.0m @ 30 g/t Ag from 111.0m. CZDD003: 6.0m @ 117 g/t Ag from 94.0m including 1.8m @ 291 g/t Ag from 97.2m. CZDD004: 4.4m @ 34 g/t Ag, from 49.6m and 4.3m @ 201 g/t Ag from 92.5m including 0.5m @ 1,220 g/t Ag from 92.5m. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director John Levings was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Mar 07
Prospech Limited Commences Phase 2 Drilling At the Zemplin Silver-Lead-Zinc Prospect Within the Cejkov-Zemplin Exploration Licence, Located in the Eastern Slovakian Neovolcanic Belt The Directors of Prospech Limited announced that Phase 2 drilling has commenced at the Zemplin silver-lead-zinc prospect within the Cejkov-Zemplin exploration licence, located in the Eastern Slovakian neovolcanic belt. Zemplin is a high-grade, silver rich epithermal vein system discovered by the Slovak Government and Rio Tinto in the 1990s, which, until recent drilling by Prospech, was never followed up. This program follows the successful Prospech drilling in April 2021 which intersected over 40 epithermal veins hosted within zones of hydrothermally altered rhyodacitic and andesitic volcanics. The 2022 field season has commenced early at Zemplin, and ahead of planned drilling at the Company's Hodrusa and Nova Bana tenements, due to its lower-level topography and more temperate climate. Recently, the Company's geologists, together with French contractor Terremys of Strasbourg, completed a detailed drone magnetics survey which, whilst not critical to the planning of the Zemplin Phase 2 drilling, will guide future drilling within the Cejkov-Zemplin exploration licence. Results from the Phase 1 drilling at Zemplin include: CZDD001: 3.0m @ 136 g/t Ag from 59.0m and 4.5m @ 147 g/t Ag from 85.3m including 2.3m @ 240 g/t Ag from 87.5m; CZDD002: 6.0m @ 30 g/t Ag from 111.0m; CZDD003: 6.0m @ 117 g/t Ag from 94.0m including 1.8m @ 291 g/t Ag from 97.2m; CZDD004: 4.4m @ 34 g/t Ag, from 49.6m and 4.3m @ 201 g/t Ag from 92.5m including 0.5m @ 1,220 g/t Ag from 92.5m. Aankondiging • Jan 12
Prospech Limited Announces Final Silver and Gold Drill Results - Anton Prospech Limited announced that all assay results for the Anton prospect 2021 drilling program have been received. A stacked series, gold and silver mineralised quartz veins were intersected in the drilling. This is the first modern exploration drilling at Anton where past records report mining to a depth of over 500 metres below surface. Drill sites selected by the Company for this initial drill program are generally shallower targets where historical records indicate that effective mining was prevented by water ingress due to the capability of primitive pumps of the era. The Anton target, which lies within the Company's 100%-owned Hodrusa-Hamre exploration licence, is a large system of epithermal gold and silver of veins, with a known strike length of at least 3.5 kilometres. The broader Anton structural zone trends further for more than 6.0 kilometres into the Unverzaght and Schopfer historical mines and exploration targets. Whilst assay results are sub-economic, a series of stacked gold and silver mineralised quartz veins were intersected in the drilling, warranting follow up drilling. VADD006 was the final drill hole at Anton for the 2021 campaign and returned assay results up to 3.49 g/t Au and 214 g/t Ag. The Sprochova vein target has now been intersected by 3 holes (VADD004, 5 and 6), providing reliable structural data to assist in the design of the follow up drilling program. Spoil heap samples, which are thought to originate from the Anton structure near the drilling targets are strongly mineralised. The average of assays from 57 grab samples was 3.95 g/t Au and 214 g/t Ag. The peak assays from this group of samples were 52.6 g/t Au and 1,445 g/t Ag. Aankondiging • Jun 02
Prospech Limited Announces Initial Results at the Zemplin Prospect Within the Cejkov-Zemplin Project Within the Eastern Slovakian Neovolcanic Belt Prospech Limited announced initial results at the Zemplin prospect within the Cejkov-Zemplin Project within the Eastern Slovakian neovolcanic belt. Drilling four holes, CZDD001 to CZDD004, has now been completed for a total of 794.5 metres. The Zemplin prospect is part of the 29.23 Km2, 100%-owned Cejkov-Zemplin Licence, located in eastern Slovakia. Zemplin is prospective for epithermal precious metals and base metals vein-style mineralisation. In total, the new holes intersected over 40 epithermal veins, hosted within zones of hydrothermally altered rhyodacitic and andesitic volcanics. Silver in CZDD001 85.3m to 89.8m (4.5m) and CZDD003 97.1m to 99.0m (1.9m) occurs as visible Ag-sulphides in quartz veins near the rhyolite/andesite contact. Prospech is reviewing remote magnetic or drone magnetic contractors to further discern the trend of the main silver zone trending further West of North than previously interpreted by previous works, but importantly remains a continuously mineralised silver zone. Drilling is planned at depth and along strike. There is potential for gold mineralisation at depth as seen for a neighbouring property at Brehov, but regardless grades averaging over 100 g/t silver are considered likely to constitute a competitive target within the Prospech portfolio. Aankondiging • May 16
Prospech Limited Announces Drilling Commenced on Krakauer Visible Gold-Silver Prospect The Directors of Prospech Limited announced the commencement of drilling at the Krakauer vein prospect within the Nova Bana exploration licence within the Western Slovakian neovolcanic belt. The Krakauer vein structure is hosted in silicified and potassic altered andesites. The vein strikes ENE-WSW and dips to SSE at approximately 70°. Classic banded epithermal vein float, carrying visible silver (acantite) and gold is observed on surface over a strike extent of 450m and historic workings, mostly shallow diggings, can be traced for 600m along the strike. Mineralisation is typical of low-sulfidation epithermal, banded veins (ginguro). Early bands consist of milky-white quartz and black bands with abundant acantite and native gold +/- pyrite and this was most likely subject of limited historical mining. The central part of the vein consists of lower temperature quartz to chalcedony and this material can be commonly found in the float. The Krakauer prospect within the Nova Bana project has been in the planning stages for over a year but commencement of drilling was delayed due to Covid-19. Drilling of this exciting target underlines ongoing strategy of continuously testing high grade gold-silver targets. Aankondiging • Mar 04
Prospech Limited Announces the Appointment of Mr. Stephen Gemell as A-Non-Executive Director Prospech Limited announced the appointment of Mr. Stephen Gemell as a-Non-Executive Director. Steve Gemell holds an Honours Degree in Mining Engineering and has more than 40 years' experience in the mining industry, having worked throughout Australasia and in Africa, North and South America, Asia, Eastern and Western Europe. He has been Principal of Gemell Mining Engineers since its formation in Kalgoorlie in 1984, specialising in mineral property assessment, strategic studies and valuation. Aankondiging • Feb 18
Prospech Limited to Commence Drilling on Zemplin Silver-Lead-Zinc Prospect The Directors of Prospech Limited announced details of drilling planned for the Zemplin prospect within the Cejkov-Zemplin exploration licence within the Eastern Slovakian neovolcanic belt. Drilling of up to 600 metres will test mineralisation discovered by the Slovak government and Rio Tinto in the early 1990s (geophysics and two diamond drill holes). In late 2019, Prospech completed an ionic leach soils program to refine the drilling target and also to plan for future, probable geologic structure extension drilling. Aankondiging • Dec 17
Prospech Limited Announces Assay Results from the First Diamond Drill Hole on the Bauch Prospect Prospech Limited announced the assay results from the first diamond drill hole on the Bauch prospect within the company's flagship Hodrusa Hamre exploration license. Hole BADD001 was designed to test the extension of a major detachment fault (locally known as a low angle normal fault or LANF) onto the company's Hodrusa Hamre exploration license. Mineralization at the nearby operating Rozalia underground gold mine is controlled by the LANF, the surface trace of which falls mainly on the Company's Hodrusa Hamre exploration license. Hole BADD001 intersected high grade gold and silver mineralization, precisely corresponding to the predicted position of the Bauch vein which was investigated in the past by historic tunnels and surface workings and interpreted to be an extension of the LANF. The details of the intersection, which is also rich in base metal sulphides, are, BADD001: 12.8 g/t Au and 380 g/t Ag (2.3% Pb, 1.4% Zn) from 89.1m to 90.1m The Bauch vein strikes north-east and dips at 45 degrees to the south-east, in the direction of the nearby Rozalia Mine (historic production 1.2Mt @ 12 g/t Au, 14 g/t Ag). Expectations are that not all the LANF will exhibit high grade gold mineralization, but the results from BADD001 indicate the existence of at least one, near surface, high grade shoot, which will be focus for follow-up drilling in 2021. In detail, the recent drilling has shown that the Bauch vein structure occurs on the contact between two volcanic rock types; a hanging wall andesite and a footwall dacite. Both units are strongly altered and show multiple zones of brecciation and quartz stockwork veining. The assays from BADD001 are consistent with results from rock chip sampling of the exposed lode in one of the shallow historical tunnels, which returned high grade gold and silver values (28.3 g/t Au and 582 g/t Ag). A nearby in-situ pillar sample also assayed 11.4 g/t Au and 565 g/t Ag. Aankondiging • Dec 09
Prospech Limited Announces Completion of 8-Hole Diamond Drilling Program The Directors of Prospech Limited announced the completion of an 8-hole diamond drilling program on the Bauch prospect, which is within the Company's flagship Hodrusa Hamre exploration licence. Although highly prospective and showing evidence of historical tunnelling and surface prospecting, the Bauch prospect has never been drilled nor explored by modern methods. The Company's rock chip sampling of the exposed lode in one of the shallow historical tunnels, assayed high grade gold and silver (28.3 g/t Au and 582 g/t Ag). Another nearby in-situ pillar sample assayed 11.4 g/t Au and 565 g/t Ag. The Bauch prospect is located 1.5 kilometres due west of the high grade, underground Rozalia Mine which continues to operate with a head grade of approximately 12 g/t Au. The total production from Rozalia Mine is estimated to be 500,000 oz Au over a period of 20 years. Recent advances in the geological understanding of the Rozalia Mine orebody has led to the recognition of a controlling, large-scale detachment fault or, as it is known locally, the Low Angle Normal Fault (LANF). Importantly for Prospech, it was recognised that the largest proportion of the LANF projects to surface within the Company's Hodrusa Hamre exploration licence. The Bauch prospect, along with the Ignac prospect located 1.5 kilometres along strike to the north- east, are considered to be LANF-related and are therefore considered highly prospective for Rozalia-style mineralisation. Ignac was drilled by the Company in 2018 and 2 of the 4 holes drilled intersected high-grade gold. In the recently completed Bauch drilling program, all holes1 intersected wide zones of intense quartz stockwork veining which is considered consistent with Rozalia-style, LANF-hosted mineralisation. Aankondiging • Dec 04
Prospech Limited has completed an IPO in the amount of AUD 5 million. Prospech Limited has completed an IPO in the amount of AUD 5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,000,000
Price\Range: AUD 0.2
Discount Per Security: AUD 0.012