Encounter Resources Limited · ASX:ENR
Encounter Resources — Resources Roadhouse Roadshow (April 2024)
18 slides from Encounter Resources's conference presentation, Apr 24, 2024
Slide 1: Investor Update - Resources Roadhouse Roadshow
For personal use only Investor Update Resources Roadhouse Roadshow 24 April 2024 Building shareholder value through the discovery of copper and critical minerals in Australia ASX:ENR Heritage survey at Aileron – April 20241
Slide 2: 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 information in this document has been derived from third parties and
Slide 3: Encounter at a glance
Encounter at a glance Creating value through project generation and discovery For personal use only Capital structure Board of Directors ASX ticker ENR Share price (22/04/2024) $0.35 Shares on issue 450M Options 19M Mr Will Robinson Dr Jon Hronsky OAM Mr Peter Bewick Mr Philip Crutchfield Market cap
Slide 4: A premier exploration portfolio
A premier exploration portfolio Early mover positions into world-class and emerging minerals belts attracting Tier 1 partners For personal use only Aileron - West Arunta Niobium/REE/Copper Greater McArthur • Large portfolio of 100% owned Lamil Superbasin Copper projects in Australia’s most Copper/Go
Slide 5: The Encounter business model
The Encounter business model Foundations of a leading Australian minerals exploration company For personal use only Targeting the Significant and Early mover into Collaborating with discovery of new, consistent in-ground new regions with high-quality world-class mineral exploration the application o
Slide 6: Copper and critical mineral focus
Copper and critical mineral focus Exploring for commodities highly leveraged to growth and the energy transition For personal use only Cu Nb REE Copper Niobium Rare Earth Elements The most important metal for the A micro alloy for lighter, stronger and Used across critical technology, global energy
Slide 7: Aileron, West Arunta
For personal use only Aileron, West Arunta (ENR 100%) Carbonatite-hosted niobium/REE and IOCG copper Aileron field camp re-established April 2024 7
Slide 8: West Arunta
Aileron Project – West Arunta New niobium-REE discoveries in the region that hosts the Luni discovery of WA1 Resources Ltd (ASX:WA1) For personal use only Aileron project – Magnetics (RTP) Refer to ASX announcement 8 December 2022, 30 January 2024, WA1 ASX announcement 28 March 2024 8
Slide 9: 2023 Outcomes
Aileron Project – 2023 Outcomes First pass exploration defined four new niobium-REE mineralised carbonatites • Shallow, high-grade niobium-REE mineralised carbonatites For personal use only at several prospects including: • Emily - 12m @ 2.3% Nb2O5 from 54m (EAL098) • Crean - 4m @ 3.8% Nb2O5 from 56
Slide 10: Upcoming Drilling
Aileron Project – Upcoming Drilling Major aircore/diamond drilling programs commencing in May 2024 • Large scale targets to be systematically For personal use only tested in ~20,000m aircore program • First drilling at the large interpreted intrusive features at Green and Joyce located directly east
Slide 11: Southern Targets
Aileron Project – Southern Targets Shallow, high-grade niobium-REE mineralisation at Emily has positive implications for Green and Joyce For personal use only Aileron RTP magnetics with targets Emily, Green and Joyce low magnetic, circular interpreted intrusive features at intersections of major reg
Slide 12: Northern Targets
Aileron Project – Northern Targets New mineralised niobium-REE carbonatites discovered at Crean, Hoschke and Hurley in the first phase of drilling Crean For personal use only • Large & depth extensive carbonatite • High grade, near surface niobium-REE mineralisation intersected Hurley A’ • Mineralis
Slide 13: Northern Targets
Aileron Project – Northern Targets First drill program intersected high grade, near surface and depth extensive niobium-REE mineralisation For personal use only EAL007 Niobium-REE carbonatite 211.6-215.3m (part of 4.9m @ 2.2% Nb2O5 from 209m) Refer to ENR ASX announcement 29 January 2024 13
Slide 14: Crean Carbonatite
Crean Carbonatite LIBS mineral map completed on 48.1m @ 1% Nb2O5 from 181m from EAL007 For personal use only EAL007 - 209.08m-213m - 2.92m @ 2.45% Nb2O5 Refer to ASX announcement 6 September 2023 (near-balance Ca/Na pyrochlore), high apatite, moderate calcite zone) 14
Slide 15: Eastern Targets
Aileron Project –Eastern Targets Falcon airborne gravity survey defines a suite of new, large-scale carbonatite and IOCG targets • Significant gravity anomalies (up to ~6 mGal) identified in the eastern part of Aileron For personal use only • Potential alkaline/carbonatite intrusions or hematite alt
Slide 16: What's coming up
Aileron Project – what’s coming up…. Re-mobilisation of field crew and equipment to Aileron Apr 24 For personal use only Heritage survey to facilitate detailed drilling at Green and Joyce Apr 24 Diamond drilling starting at Perce (EIS co-funded) May 24 Aircore drilling - Southern Targets (Emily, Gre
Slide 17: About Encounter
About Encounter One of Australia’s leading mineral explorers advancing ambitious projects in emerging new provinces For personal use only An exceptionally high discovery rate in a new critical minerals province in the West Arunta Upcoming West Arunta program has transformational potential from both
Slide 18: Contact
Contact For personal use only Telephone: +61 8 9486 9455 Website: www.enrl.com.au Email: contact@enrl.com.au Suite 2, 1 Alvan Street Subiaco WA 6008 ASX: ENR 18
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