Slide 1: AMEC Convention
For personal use only AMEC Convention 3-4 September 2013 ASX : ENR Perth, Australia
Slide 2: Investment Summary
INVESTMENT SUMMARY • Major land position in For personal use only Proterozoic sedimentary basin (1900km2) • Surrounded by major mineral deposits (Au-Cu, Cu, U and Mn) • Greenfields copper discovery 11km long and growing • Experienced team of former Yeneena Copper WMC executives Project • Well funded
Slide 3: Corporate Information
CORPORATE INFORMATION Board For personal use only Paul Chapman - Chairman Will Robinson - Managing Director Peter Bewick - Exploration Director Jon Hronsky - Non-Executive Director Kevin Hart / Dan Travers - Company Sec. 132.5m Ordinary Shares Issued Capital 9.5m Employee Options Market Cap. A$33m @
Slide 4: Yeneena Project
YENEENA PROJECT Major land position amongst giant mineral deposits For personal use only In 2012/13, Encounter has expanded its ground holding with earn-ins: • St Barbara Mines Ltd • Independence Group NL • Midas Resources Ltd 4
Slide 5: Yeneena Project: Sand cover has inhibited previous exploration
YENEENA PROJECT For personal use only Sand cover has inhibited previous exploration 5
Slide 6: BM1 - BM7 Prospects
BM1 - BM7 PROSPECTS Copper mineral system 11km long and growing For personal use only BM1 - coherent zone of near surface copper oxide mineralisation • 10m @ 6.8% Cu from 32m • 20m @ 2.0% Cu from 22m • 8m @ 3.6% Cu from 18m • 4m @ 5.5% Cu from 66m BM7 - New copper discovery 3km south of BM1 in 2012
Slide 7: Long Section BM1-BM7
LONG SECTION BM1-BM7 Shallow drilling defines major new Copper-Cobalt mineral system For personal use only Next Slide Antofagasta farming-in 7
Slide 8: BM7 Prospect
BM7 PROSPECT +800m Long Zone of Copper Sulphides For personal use only • Depth extensive copper sulphide mineralisation associated with large dolomite alteration zone • End of hole (EOH) primary copper in RC drill program: • 6m @ 0.7% Cu 150m to EOH • 30m @ 0.4% Cu 118m to EOH • Copper sulphide zone
Slide 9: BM7 Prospect: Diamond Drilling - Copper Sulphides
BM7 PROSPECT Diamond Drilling - Copper Sulphides For personal use only • Three diamond holes have been completed at BM7 - 4th hole in progress • Copper sulphide mineralisation associated with two easterly dipping, strongly veined and altered carbonate EPT1716 – ~120m - Carbonate with dolomite blebs/
Slide 10: Regional Targets - South
REGIONAL TARGETS - SOUTH New copper zone 1km East of BM7 For personal use only • First pass RC program - drill spacing 800m by 400m (80m hole depth) • Visible copper mineralisation (confirmed by XRF) in three holes at BM7 East • BM7 mineral system significantly extended • BM8 RC drilling in progress
Slide 11: Regional Targets - North
REGIONAL TARGETS - NORTH Electromagnetics - VTEM Untested targets north of BM1-BM7 For personal use only • Significant north-east trending structure that mirrors the BM1-BM7 copper system • Key structural targets identified • Shallow sand cover 100% ENR • Minimal previous exploration – a handful of
Slide 12: Discovery Timeline
DISCOVERY TIMELINE For personal use only 2013 Objectives 2012 High grade copper Large scale, copper sulphides at BM7 Anto. 2011 discovery at BM7 Test targets south Farm-in Discovery of copper Regional copper targets defined and east of BM7 sulphides at BM1 2010 New copper oxide Test Regional Targets
Slide 13: Sediment Hosted Copper
SEDIMENT HOSTED COPPER 25 For personal use only Central Africa Copper Deposits Paterson Mt Isa 20 Province Endowment Endowment MT Cu (pre mined resources) 170MT Copper 2.3MT Copper 15 Deposit style produces giant orebodies Is Nifty the giant of the Paterson? 10 5 *includes basement hosted deposits 0
Slide 14: Summary
SUMMARY Yeneena – Australia’s Next Great Copper District? For personal use only • Large scale system over 11km long and growing • High grade near surface intersections • Key ground position secured (>1900km2) • First world mining jurisdiction • Major mining company funding through Antofagasta farm-i
Slide 15: 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