Encounter Resources Limited · ASX:ENR
Encounter Resources — Diggers & Dealers Mining Forum 2022
23 slides from Encounter Resources's conference presentation, Aug 1, 2022
Slide 1: Diggers & Dealers Mining Forum August 2022
For personal use only Diggers & Dealers Mining Forum August 2022 Copper exploration in partnership with world leading resources companies ASX: ENR
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 For personal use only given in good faith. Certain information in this document has been derived
Slide 3: Encounter at a glance
Encounter at a glance Creating value through project generation and discovery For personal use only Capital structure Share price – 12 months ASX ticker ENR $0.40 6,000,000 Share price (29/07/2022) $0.13 5,000,000 $0.30 Shares on issue 317M 4,000,000 Options 17M $0.20 3,000,000 Market capitalisation
Slide 4: Foundations for a major copper exploration drive
Foundations for a major copper exploration drive Diamond drilling of three potentially transformational copper For personal use only targets : strategy focused on making a Tier 1 discovery in Australia Fast mover, early adopter of new technologies and datasets: positioned in the emerging copper dist
Slide 5: A premier copper exploration portfolio
A premier copper exploration portfolio Early mover positions in world-class minerals belts attracting Tier 1 partners For personal use only Elliott Copper (BHP $25m earn-in) Sediment-hosted copper in an emerging region Elliott Lamil Copper-Gold (ENR 100%) Extensive mineralised Paterson Dunmarra copp
Slide 6: Recent highlights and upcoming drilling
Recent highlights and upcoming drilling 100% ENR projects Farm-in partners For personal use only Lamil Project - Paterson Province WA Elliott Copper Project - NT ▪ High grade copper intersected in Sep 21 (up to $25m farm-in funding) ▪ Gravity survey completed May 22 ▪ Diamond drill program scheduled
Slide 7: Northern Territory: Fast emerging as one of the most significant global opportunities for copper
For personal use only Northern Territory: Fast emerging as one of the most significant global opportunities for copper 7
Slide 8: Northern Territory: Globally significant opportunity for copper
Northern Territory: Globally significant opportunity for copper ▪ Highly prospective, vastly underexplored For personal use only region under shallow cover ▪ Located between the major copper-gold producing districts of Mt Isa and Tennant Creek ▪ Transformational investment in pre- competitive data b
Slide 9: Elliott Copper Project
Elliott Copper Project First BHP-funded diamond drilling scheduled for September 2022 For personal use only ▪ BHP (ASX:BHP) earn-in and joint venture agreement covering the 7,200km² Elliott Copper Project ▪ BHP may earn up to a 75% interest by spending up to $25 million over 10 years ▪ Compelling ex
Slide 10: Jessica Copper and Carrara Copper-Zinc Projects
Jessica Copper and Carrara Copper-Zinc Projects South32 entered into two farm-in agreements in June 2022 For personal use only ▪ Jessica is prospective for large sediment- hosted copper and IOCG style deposits ▪ Carrara is located at an interpreted structural offset of the western margin of the Carr
Slide 11: Sandover Project 100% ENR
Sandover Project 100% ENR A partially exposed Neoproterozoic Basin in the Georgina For personal use only ▪ 170km north-east of Alice Springs ▪ Covers a major structural corridor on the southern margin of the Georgina Basin ▪ Interpreted to represent a locally preserved Neoproterozoic depocentre, ove
Slide 12: Sandover Copper Project 100% ENR
Sandover Copper Project 100% ENR Outcropping shale units that contain copper mapped for more than 20km For personal use only ▪ Sampling of copper mineralisation at surface returned assays up to 20.9% Cu and a suite of highly anomalous pathfinder elements (Zn, Ag, As, Bi, Mo and Pb) at four separate
Slide 13: Sandover Project – lithium and critical metals potential
Sandover Project – lithium and critical metals potential Northern Arunta Pegmatite Province For personal use only Northern Arunta Pegmatite Province – LCT pegmatite occurrences sourced from NTGS 13 Report 16 tin-tantalum pegmatite mineralisation of the Northern Territory (Frater 2005)
Slide 14: West Arunta, Western Australia
For personal use only West Arunta, Western Australia: The next major copper exploration focus in WA with rare earths potential 14
Slide 15: West Arunta: Aileron IOCG – REE Project
West Arunta: Aileron IOCG – REE Project 100% ENR One of the most prospective regions in Australia for IOCG deposits For personal use only ▪ 1,300km² West Arunta province of WA ▪ First diamond drill hole to a depth of 158m (EAL001) intersected hydrothermal hematite-altered mafic intrusions and granit
Slide 16: West Arunta: Aileron IOCG – Rare Earths Project
West Arunta: Aileron IOCG – Rare Earths Project One of the most prospective regions for IOCG deposits in Australia For personal use only ▪ Gravity survey defines new drill targets ▪ Surface geochemical sampling trial identified highly elevated rare earth elements (“REE”) — up to 0.5% TREO (including
Slide 17: Paterson Province, Western Australia
For personal use only Paterson Province, Western Australia: New large scale copper- gold discoveries 17
Slide 18: Lamil: Copper-gold system established
Lamil: Copper-gold system established 100% ENR Diamond drilling in August testing plunge and strike extent For personal use only ▪ Located 25km NW of Telfer ▪ Expansive copper-gold system >1km of strike containing multiple, stacked, narrow copper-gold reefs ▪ Mineralised prospective host package tha
Slide 19: Drilling results point to potential large copper-gold system
Drilling results point to potential large copper-gold system High grade copper intersections rare outside of Winu and Havieron For personal use only Semi-massive pyrite – chalcocite mineralisation drilled from 409.1 to 410.6m in ETG0226. • 1.5m @ 19.1% Cu from 409.1m • 3.9m @ 1.6g/t Au from 410.6m 1
Slide 20: Yeneena Copper
Yeneena Copper Copper-cobalt drilling now underway For personal use only ▪ Paterson Province is a proven mineral region with a consistent history of discoveries ▪ ~1,450km² of the Paterson Province ▪ IGO can sole fund $15 million in exploration expenditure over a maximum seven years to earn a 70% in
Slide 21: Major drill programs commencing in 2022
Major drill programs commencing in 2022 Jul Aug Sep Oct Nov Dec For personal use only Lamil Copper-Gold Gravity Diamond Drilling (100% ENR) Survey EIS co-funded (up to 1,500m) Yeneena Heli TEM Diamond Drilling (up to 4,500m) Copper-Cobalt Preparations Elliott Copper for drilling Diamond Drilling (up
Slide 22: Large portfolio of well funded, major copper projects
Large portfolio of well funded, major copper projects For personal use only Major copper exploration drive funded Large scale 100% owned projects in Australia’s through farm-ins with up to $65m in spend: most exciting new copper districts: Yeneena Copper-Cobalt Project WA Diamond drilling commenced
Slide 23: 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 23
Encounter Resources — Diggers & Dealers Mining Forum 2022 on 6ix