Encounter Resources Limited · ASX:ENR
Encounter Resources — Melbourne Mining Club (September 2011)
21 slides from Encounter Resources's conference presentation, Sep 20, 2011
Slide 1: Greenfields Copper Discovery in WA
ASX : ENR For personal use only Greenfields Copper Discovery in WA Melbourne Mining Club 20 September 2011
Slide 2: Corporate Information
Corporate Information For personal use only Board Paul Chapman - Chairman Will Robinson - Managing Director Peter Bewick - Exploration Director Jon Hronsky - Non-Executive Director Kevin Hart / Dan Travers - Company Sec. Issued Capital: 99.3m Ordinary Shares 6.9m Employee Options Market Cap: $69.5m
Slide 3: Company Snapshot – Diversified Explorer
Company Snapshot – Diversified Explorer For personal use only Copper Manganese Zinc Uranium High grade discovery at BM1 Near surface Assays up to 28% 11 million lbs +20% Mn Zn, 2.3% Pb, near surface U3O8 Potential new copper province Multiple targets 34g/t Ag Inferred Resource • Exploring for “Major
Slide 4: Yeneena Project – Paterson Province (WA)
Yeneena Project – Paterson Province (WA) For personal use only • Major land position in highly endowed mineral belt • 100% ownership (1300 km2) • Multiple commodity targets • Good infrastructure • $5m exploration program in 2011 4
Slide 5: Yeneena Project – Field Camp
Yeneena Project – Field Camp For personal use only 5
Slide 6: Major land position amongst giant mineral deposits
Major land position amongst giant mineral deposits For personal use only 50km …potential for multiple copper deposits under sand cover 6
Slide 7: BM1 Copper Discovery
BM1 Copper Discovery For personal use only • Multiple thick, near surface intersections grading over 1% copper • Copper system +3.5km long and open 1km • Coherent zones of near surface copper mineralisation • 10m @ 6.8% Cu from 32m (incl. 3m @ 12.3% Cu) • 20m @ 2.0% Cu from 22m (incl. 12m @ 3.2% Cu)
Slide 8: BM1 Drillhole EPT751 – 10m @ 6.8% Cu
BM1 Drillhole EPT751 – 10m @ 6.8% Cu For personal use only Photo EPT751 - Mineralisation 32.6m to 38.8m 8
Slide 9: BM1 Copper Discovery – Northern Area
BM1 Copper Discovery – Northern Area For personal use only 9
Slide 10: Nifty Copper Deposit
Nifty Copper Deposit Shallow aircore drilling identified broad zone of copper oxides For personal use only 200m 10
Slide 11: BM1 Regional Targets
BM1 Regional Targets Up to 0.9% Cu in aircore reconnaissance drilling For personal use only • Helicopter EM survey (“VTEM”) completed in June 2011 • Bedrock conductors located down dip of the western and eastern mineralised limbs of the BM1 Northern Area are high priority 6km drill targets • VTEM su
Slide 12: Major land position amongst giant mineral deposits
Major land position amongst giant mineral deposits For personal use only 50km …potential for multiple copper deposits under sand cover 12
Slide 13: BM2 – Second Copper System
BM2 – Second Copper System For personal use only • Shallow drilling has confirmed a mineralised copper system • Extensive copper regolith enrichment continuous over a large area • Several of the shallow holes terminated in anomalous copper • 30m @ 0.14% Cu from 42m to end of hole including 2m @ 0.88
Slide 14: BM2 - Diamond Drilling
BM2 - Diamond Drilling Sphalerite For personal use only • WA Government EIS co-funded diamond drilling in June intersected 100m thick zone containing base metal-bearing sulphide veins • Base metal sulphides occur within thin Pyrite carbonate / quartz veinlets and narrow breccia zones and predominate
Slide 15: Yeneena Project – T4 prospect
Yeneena Project – T4 prospect T4 For personal use only New copper prospect 30km north-east of the BM1 Discovery 15
Slide 16: T4 – Major Copper Prospect
T4 – Major Copper Prospect For personal use only Electromagnetics Magnetics Gravity EPT801 – Copper EPT801 EPT801 Sulphides Intersected 16
Slide 17: T4 - Diamond Drilling
T4 - Diamond Drilling 1cm Chalcopyrite For personal use only • Stratigraphic hole intersected disseminated copper sulphides up to 0.8% Cu • Drilling located at the southern end of a +4km long gravity & magnetic anomaly • New style of copper mineralisation in a unexplored Bornite region • Further dri
Slide 18: 2011 Major Copper Exploration Program ($5m)
2011 Major Copper Exploration Program ($5m) For personal use only • High grade copper at BM1 Northern Area extended to over 500m in strike • Copper mineralisation intersected 2.5km north of the BM1 prospect • Extensive copper anomalism intersected within a steeply dipping fault breccia along western
Slide 19: Quality copper resources in short supply
Quality copper resources in short supply For personal use only 19
Slide 20: Yeneena Copper Discovery
Yeneena Copper Discovery For personal use only • New greenfields copper discovery made in 2010 • Early stage indications of a potential new copper province High drilling success rate Large mineralisation footprints Thick, high grade intersections • Land position secured (1300km2 , 100% owned)
Slide 21: Disclaimer & Compliance Statement
Disclaimer & Compliance Statement For personal use only 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 information in this document has been derived fr
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