Prospect Resources Ltd. announced that Hugh Warner has stepped down as Executive Chairman. Hugh Warner and Harry Greaves led Prospect's move into Zimbabwe. Under their leadership, Prospect acquired a portfolio of grass roots mining assets comprising gold, rare earths, and lithium. This lithium project has been drilled out and is now the Arcadia Lithium Project - the 7th largest hard rock lithium deposit in the world. Prospect is commencing the process to recruit a high calibre Independent Non-Executive Chairperson to transition Prospect through the financing and development phase into production. In the interim, Prospect's Executive Director, Mr. Harry Greaves will act as Chair.