Enterprise Metals Limited · ASX:ENT

Enterprise Metals — Investor Presentation (October 2013)

20 slides from Enterprise Metals's investor presentation, Oct 31, 2013

  1. Slide 1: Corporate Presentation

    Corporate Presentation 31 October 2013

  2. Slide 2: Two High Impact Opportunities

    Two High Impact Opportunities  Enterprise is currently exploring gold and base metal projects in WA, targeting VMS and stratabound base metals, and greenstone and sediment hosted gold deposits  The near-term focus is on the Fraser Range and Doolgunna Projects, where high-impact exploration, includ

  3. Slide 3: Corporate Overview

    Corporate Overview Capital Structure Share Price & Volume Share Price A$ 4.1cps 0.25 3.0 Million Shares Closing Price (A$) Daily Volume Traded On-Market Daily Close Price Shares on Issue # 213,220,776 2.5 0.20 Options on Issue 1 # 43,600,000 Market Capitalisation A$m $8.7m 2.0 0.15 Cash 2 A$m $1.2m

  4. Slide 4: Directors & Senior Management

    Directors & Senior Management Name Role Background Dr Jingbin Wang Non-Executive Dr Wang is Executive Director of China Nonferrous Metals Resource Geological Survey, a position he has held BSc, MSc, PhD Chairman since 2003. He has also held the title of Vice-President of the China Nonferrous Metals

  5. Slide 5: Fraser Range Project – Overview

    Fraser Range Project – Overview  Large landholding in the south of the Fraser Range granted in 2011.  History of the Fraser Range:  1965-1971: Newmont  1995-2008: Creasy et al  2004: Creasy INCO JV  2012: Sirius (Nova discovery)  Asset progressed rapidly following the Nova discovery  Detaile

  6. Slide 6: Fraser Range Project – Location

    Fraser Range Project – Location  Regional gravity image of the Fraser Range highlights the Fraser Orogenic Complex  The image demonstrates that ENT & SIR’s ground is largely in the high-gravity area  The high-gravity areas (red- orange colours) equate to the more dense iron rich (mafic /ultramafi

  7. Slide 7: Fraser Range Project – Geochem

    Fraser Range Project – Geochem  Multi-element regional soil geochemical analysis completed [800m x 400m]  Coincident multiple Ni-Cu-Co results from six target areas  Infill sampling completed [200m x 100m]  Geochemically anomalous areas coincident with magnetic/AEM features ASX: ENT | PAGE 7

  8. Slide 8: Fraser Range Project – Soil Results

    Fraser Range Project – Soil Results  Plato geochem data over magnetic Ni imagery shows a magnetic “low” coincident with elevated nickel, copper, cobalt geochemistry  Mag “low” is magnetic intrusive body (gabbro?) with remanence  Intrusive body ~1,200m x 300m Cu Co ASX: ENT | PAGE 8

  9. Slide 9: Fraser Range Project – HEM

    Fraser Range Project – HEM  HeliTEM survey completed over Ni-Cu anomalous areas  HEM detects shallow surficial conductors & deep “late time” conductors  Deep conductors interpreted to be massive sulphides (not graphite)  No outcrop available, ground EM and/or drilling required Plan of Ni Soil Ge

  10. Slide 10: Fraser Range Project – Next Steps

    Fraser Range Project – Next Steps  Plato & McPhersons  Ground EM to better define HEM targets  1,000-1,500m RC with DC tails for each prospect [5-6] holes  Down-hole EM to search around drill holes  Heart and Highway prospects  Evaluate other anomalous geochemical/ HEM responses  Potential gr

  11. Slide 11: Doolgunna Project – Overview

    Doolgunna Project – Overview  Background of the region:  1942-53: Small scale Cu mining  1950-66: Horseshoe Cu/Au mine  1955-71: Thaduna Cu mine  2009: Sandfire “DeGrussa” VMS  2009: Enterprise exploration  2013: Sipa “Enigma” SEDEX  Highly prospective for VMS and/or SEDEX deposits  Potenti

  12. Slide 12: Geology

    Doolgunna – Geology Ore-control factors: Structural control: Intersection of NE- striking Goodin and SBF faults with NW striking cross-cutting faults Mineralisation source and fluids: Copper sourced from mafic volcanics, medium - low temperature fluids, heated by radioactivity from Archaean granite

  13. Slide 13: Geology

    Doolgunna – Geology Prospecting indicators NE-striking Goodin and SBF faults, with major NW- striking cross cutting faults, associated with Geochem anomalies: Bi: Bismuth Sb: Antimony Te: Tellurium W: Tungsten Sn: Tin Mo: Molybdenum enrichment at surface. Cu(Zn) depletion at surface ASX: ENT | PAGE

  14. Slide 14: Geochem

    Doolgunna – Geochem  Regional “Maglag” sampling completed over Doolgunna Trough  Maglag pulps re-analysed for VMS and SEDEX style indicators  Tellurium often occurs with large gold deposits & copper sulphides DeGrussa ASX: ENT | PAGE 14

  15. Slide 15: Enterprise Drilling

    Doolgunna – Enterprise Drilling  Results from a limited follow up 5 RC drill hole program at Vulcan in early 2013 included 11m @ 3.2g/t Au from 112m and 9m @1.7g/t Au from 133m (hole VRC003)  The Company believes the greater Vulcan Prospect, defined by shallow aircore drilling, has not yet been ad

  16. Slide 16: Anglo-American Airborne EM

    Doolgunna – EM  Anglo-American Airborne SPECTREM survey identified 6 excellent bedrock conductors  Targets A & B associated with anomalous Te, Bi, Sb, Mo  Targets C to F associated with Te, Sb, Mo, +Bi, ASX: ENT | PAGE 16

  17. Slide 17: Immediate Targets

    Doolgunna – Immediate Targets  Targets for immediate follow-up are:  Bitten Pear (A, B)  Opal (C, D, E, F)  Ruby Well  Reconnaissance Ground EM undertaken on SPECTREM anomalies A to F [800m x 400m lines]  Excellent GEM conductors identified ASX: ENT | PAGE 17

  18. Slide 18: Next Steps

    Doolgunna – Next Steps  Further follow up of existing SPECTREM anomalies A to F (late 2013)  Gravity surveys (+ Ground EM)  1st stage gravity at 200m to 400m line spacing, station intervals of 50m - 400m  To prioritise drilling sequence  Drilling (early 2014)  RC/DC drilling of massive sulphid

  19. Slide 19: Investment Rationale

    Investment Rationale  Significant landholding in two of the best base metals addresses in the world  Fraser Range  Doolgunna  Extensive geophysical and geochemical exploration already undertaken in both areas  A number of promising targets have been identified  Two high-impact drilling program

  20. Slide 20: Important Information

    Important Information Disclaimer  This document has been prepared by Enterprise Metals Ltd (“Enterprise” or “the Company”) to provide an update on the Company’s Projects to investors and potential new shareholders. This presentation should be read in conjunction with other public announcements and

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