Prospect Resources Limited announced the appointment of Mr. Mark Wheatley as Non-Executive Chairman of the Company, effective immediately. Mr. Wheatley has over 15 years of director and chairman experience with exposure predominantly across gold, copper and uranium sectors. Mr. Wheatley has previously held non-executive chairman positions with Norton Gold Fields Limited, Xanadu Mines Ltd. and Gold One International Limited. Mr. Wheatley has also held a number of non-executive director roles including St Barbara Limited and was a founding director of Uranium One Inc., with his 5 year tenure including a successful period of growth culminating in Russian state owned, Rosatom, earning a 51% equity position. Mr. Wheatley is currently a non-executive director of Ora Banda Mining Ltd. and Peninsula Energy Limited. Mr. Wheatley is well known to institutional investors and has served as a nominee director for a private equity group across a number of their portfolio companies. His experience includes growth through the financing and development of projects, and he has been instrumental in a number of successful merger and acquisition transactions.