Encounter Resources Limited · ASX:ENR
Encounter Resources — Shareholder Meeting (November 2020)
23 slides from Encounter Resources's shareholder meeting presentation, Nov 27, 2020
Slide 1: AGM Chair Address and Presentation
ASX Announcement 27 November 2020 AGM Chair Address and Presentation For personal use only I believe that Encounter remains one of the most productive project generation and active mineral exploration companies listed on the Australian Securities Exchange. Encounter is a fast mover and early adopter
Slide 2: Chair address closing and About Encounter
Encounter remains one of the most dedicated and active mineral exploration companies in Australia. We are focused on generating value for our shareholders through leading edge exploration for major mineral deposits in Australia. Encounter is disciplined in its approach to capital management and we a
Slide 3: Annual General Meeting: Gold and Copper in Australia
For personal use only Annual General Meeting 27 November 2020 Gold and Copper in Australia: Collaborating with high quality partners to make new discoveries ASX: ENR
Slide 4: Disclaimer and compliance statement
Disclaimer and compliance statement This presentation has been prepared by Encounter Resources Limited (“Encounter”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain For personal use only information in this document has been derived
Slide 5: Project generator model
PROJECT GENERATOR MODEL Progress project pipeline with a mix of alliances, joint ventures For personal use only and sole funding The TIER 1 TARGETS Project generation and exploration targeting multi-million ounce Encounter gold and major base metal discoveries in world-class mineral belts business H
Slide 6: Encounter at a glance
Creating value through project generation and discovery Encounter at a glance For personal use only Capital structure Share price – 12 months ASX ticker ENR $0.35 2,500,000 Share price (26/11/2020) $0.18 $0.30 2,000,000 Shares on issue 314M $0.25 Options 15M $0.20 1,500,000 Market capitalisation ~$5
Slide 7: Scale opportunities in gold and copper within Australia
Scale opportunities in gold and copper within Australia For personal use only Paterson Province Gold-Copper Drill ready gold targets Northern Territory 25km NW of Telfer Sediment Hosted copper and IOCG targets in 100% 100% emerging region Tanami and Paterson Province West Arunta New approach in a Fa
Slide 8: Gold
For personal use only Gold ▪ West Arunta – Aileron IOCG target NCM JV ▪ Tanami – 3,000km2 in funded JVs NCM JV ▪ Paterson Province – Lamil Au/Cu ENR 100% ▪ Yilgarn – new greenfield gold targets ENR 100% 6
Slide 9: Paterson Province: drill ready gold targets at Lamil
Paterson Province: drill ready gold targets at Lamil ▪ 100% ENR – located 25km NW of Telfer For personal use only ▪ Dune Prospect – open, high grade gold mineralisation in 200m line spaced drilling: — 4m @ 7.1g/t Au from 216m — 10m @ 2.8g/t Au from 94m — 4m @ 3.3g/t Au from 74m ▪ Gap Prospect – supe
Slide 10: West Arunta: large IOCG target in a new region
West Arunta: large IOCG target in a new region ▪ Joint venture with Newcrest covering 1,300km² For personal use only within the West Arunta province of WA ▪ Large IOCG target identified with scale of an Ernest Henry or Carrapateena style Gold- Copper system ▪ Initial drill target is a steeply dippin
Slide 11: West Arunta: large IOCG target in a new region
West Arunta: large IOCG target in a new region Initial observations from the Newcrest-funded drill hole include: For personal use only ▪ Shallow cover depth ~10m ▪ Extensive hydrothermal alteration including zones of hematite alteration consistent with the IOCG model ▪ Magnetite bearing, banded iron
Slide 12: Tanami: a major gold exploration portfolio
Tanami: a major gold exploration portfolio ▪ Multiple joint ventures with Newcrest For personal use only covering >3,000km² of the Tanami Gold Afghan Mojave Province in WA ▪ 100km of strike along the major structural Bandicoot corridor interpreted to be the key controlling structure for gold Camel H
Slide 13: Yilgarn: new techniques in a world-class gold province
Yilgarn: new techniques in a world-class gold province Rani – geochemical/structural targets 40km west of Menzies Sefton – unexplored greenstone 80km east of Laverton For personal use only Sefton Au Riverina Resource (322koz) ASX:OBM 11
Slide 14: Copper
For personal use only Copper ▪ Paterson Province – copper/cobalttargets IGO JV ▪ Northern Territory – Elliott copper project BHP option ▪ Northern Territory – camp scale copper ENR 100% 12
Slide 15: Australia's hottest copper address
Australia’s hottest copper address For personal use only ▪ The Paterson Province is a proven mineral region with a consistent history of discoveries ▪ Encounter holds exploration tenure over 1,600km² of the Paterson Province: — Central African Copperbelt analogue — Magmatic Copper-Gold (Winu analogu
Slide 16: Paterson Province: Yeneena Copper Project
BM1: Coherent zone of shallow copper Paterson Province: Yeneena Copper Project oxide mineralisation. Best intersections include1: • 10m @ 6.8% Cu from 32m* For personal use only • 20m @ 2.0% Cu from 22m* ▪ On ground exploration commenced under the earn- • 16m @ 3.2% Cu from 26m in and joint venture
Slide 17: Northern Territory: the next hot spot for copper in Australia
Northern Territory: the next hot spot for copper in Australia ▪ Highly prospective but vastly underexplored region For personal use only under shallow cover located between the major copper-gold producing districts of Mt Isa and Tennant Creek ▪ Copper sourced from sedimentary-hosted deposits is one
Slide 18: Elliott Copper Project
Elliott Copper Project BHP teams up with Encounter For personal use only ▪ Strategic land position of 4,500km² located on a major structural intersection on the ▪ Elliott is being advanced together south western margin of the Beetaloo Basin with BHP via an option agreement ▪ Standout copper in groun
Slide 19: Jessica Copper Project
Jessica Copper Project ▪ 5,500km² covering key structural corridors east of Tennant Creek For personal use only ▪ Prospective for sediment-hosted copper and IOCG deposits ▪ Near surface copper oxide (malachite) mineralisation identified in rock chips generated from water bore drilling ▪ Initial airc
Slide 20: Carrara Copper/Zinc Project
Carrara Copper/Zinc Project For personal use only ▪ Correlation of prospective stratigraphic units from the Isa Carrara Super basin into the Carrara Sub-basin that extended the Mount Isa Province to the west ▪ Target area located at an interpreted structural offset of the western margin of the Carra
Slide 21: Sandover, Brunchilly & Playford Projects
Sandover, Brunchilly & Playford Projects For personal use only Sandover Copper Project ▪ Intersection of major structural corridors on the southern margin of the Georgina basin ▪ Historical exploration mapped copper oxides at surface in a stratiform position extending over 20km of strike ▪ Focus on
Slide 22: Shareholders gain exposure to significant exploration expenditure with minimal dilution
Shareholders gain exposure to significant exploration expenditure with minimal dilution Foundations established for major exploration drive For personal use only Exploration expenditure Upcoming results: Total spend on Encounter Elliott Cu projects Yeneena Cu: Diamond drilling in progress Assay resu
Slide 23: Active exploration programs in world-class minerals belts
Active exploration programs in world-class minerals belts High-quality partners and shareholders Tanami Northern Territory For personal use only West ▪ Multiple Tier 1 opportunities: Arunta ELLIOTT ▪ Lamil (ENR 100% – Paterson) ▪ Aileron IOCG JV (Newcrest – West Arunta) PORT JESSICA HEDLAND ▪ Yeneen
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