Enterprise Metals Limited · ASX:ENT

Enterprise Metals — AMEC One2One Investor Briefing (August 2011)

31 slides from Enterprise Metals's conference presentation, Aug 16, 2011

  1. Slide 1: One2One Investor Briefing

    Enterprise Metals Limited AMEC “One2One Investor Briefing” 16 August 2011 www.enterprisemetals.com.au

  2. Slide 2: Disclaimer

    —— Enterprise > be LNT Metals Limited Disclaimer This document has been prepared by Enterprise Metals Ltd (“Enterprise” or “the Company”) to provide an update of the Company to investors and potential new shareholders. This presentation should be read in conjunction with other public announcements a

  3. Slide 3: Capital structure and major shareholder

    Enterprise Metals Limited Issued Capital 202.97 million shares Share price $0.16 (close 12 Aug 2011) Market Capitalisation $32.5 million Cash at bank ~$14 million @ 31 July 2011 ________________________ _______________________________ Listed & Unlisted Options 84.0 million @ 25 cents 2.5 million @ 5

  4. Slide 4: Major shareholder Sinotech Minerals Exploration

    Enterprise Metals Limited  Subsidiary of Sinotech Minerals Exploration Co., Ltd.  Beijing Institute of Geology for Mineral Resources (BIGM) is major shareholder (45%).  Focus is exploration, mine development and geo-services.  Enterprise is first equity investment in Australia.  Sinotech aims t

  5. Slide 5: Board of Directors

    Enterprise BOARD OF DIRECTORS Metals Limited Dr. Jingbin Wang BSc, MSc, PhD - Chairman (Non-Executive)  Geologist with 24 years multi-commodity, multi-national experience Dermot Ryan FAusIMM, CP (Geo) - Managing Director  Geologist with 34 years multi-commodity experience Paul Larsen - Director (N

  6. Slide 6: Project Locations

    Enterprise Project Locations Metals Limited Iron Ore Uranium  Burracoppin Yalgoo  Sylvania Byro  Booylgoo Darlot  Earaheedy Harris Lake  Cunderdin Gold  Darlot Base Metals  Burracoppin Doolgunna  Wattagee  Darlot  Fraser Range Wattagee Yalgoo

  7. Slide 7: Massive hematite outcrop, Sylvania Project

    Enterprise Metals Limited Massive hematite outcrop, Sylvania Project

  8. Slide 8: Sylvania Project

    Enterprise Sylvania Project Metals Limited Targets: Proterozoic hematite deposit, “Hamersley style” & Channel Iron (CID) or Detrital Iron (DID) deposits on Fortescue River Fault. 2011 Plan: RC drill test of CID/DID and bedded hematite targets. POW approved. Heritage survey awaited. Outcropping Joffr

  9. Slide 9: Cunderdin & Burracoppin

    * 4 > : “ee : _ Ltt Cunderdin &Burracoppin Enterprise Lh Metals T T r=} gs 8 8 8 ea -|() Project Boundary Edna May Au ¥ = —- Railway Archaean Greenstone belts hosting BIF within gneissic terrane. > Heavy duty standard gauge railway, water, power, other services. > Deepwater ports at Kwinana and Espe

  10. Slide 10: 50km strike of Archaean Westonia greenstone belt

    Enterprise Metals Limited  50km strike of Archaean “Westonia” greenstone belt (Fe, Au, PGE potential)  Some scattered outcrops of Bif and goethite and some hematite scree.  Same rocks as host Edna May goldmine. (100,000pa gold producer)  Flat, deeply weathered, little outcrop, “farmers wheat pad

  11. Slide 11: Aeromagnetic surveys and anomalies

    Enterprise Metals Limited  100m line spaced aeromagnetic surveys flown by Enterprise.  10’s km of linear magnetic anomalism defined, some associated with subcropping & mapped Bif.  Magnetic lows may represent deep weathering & hematite.  Gold potential at Burgess Find.  PGE potential in magneti

  12. Slide 12: Burgess Find Gold Target

    Enterprise Metals Limited Burgess Find Gold Target  High grade gold in veins at sheared contact between mafic/ultramafic unit to west and gneiss to east.  Soil sampling indicates gold anomalism over 2km of strike.  Soil sampling not completed due to transported cover. (RAB/aircore drilling requir

  13. Slide 13: The Duck PGE Target

    Enterprise Metals Limited “The Duck” PGE Target  PGE potential in magnetic mafic - ultramafic intrusive.  Deeply weathered and lateritised.  Highly anomalous Platinum and Palladium geochemistry, particularly around margins.  Aircore drilling required to determine fresh rock source.  Possible IP

  14. Slide 14: Earaheedy Project

    Enterprise Earaheedy Project Metals Limited Test gravity profiles Targets: Potential Channel Iron (CID) & Detrital Iron (DID) deposits (eg Koodaideri like)  Proterozoic Bif’s in Earaheedy/Nabberu Basin.  “Magnetic channels” - 400m line spaced magnetics suggest CID/DID’s present.  600sq km explora

  15. Slide 15: Gold & Base Metals Projects

    Enterprise GOLD & BASE METALS PROJECTS Metals Limited Doolgunna Heritage Survey Doolgunna Station – Exploration Basecamp

  16. Slide 16: Gold & Base Metals Strategy

    Enterprise GOLD & BASE METALS STRATEGY Metals Limited GOLD Explore below known oxide gold zones for high grade primary ore, within trucking distance of competitors Mills. Eg Darlot, Yalgoo, Burracoppin. BASE METALS Explore prospective Proterozoic Volcanics and Sediments near De Grussa (VMS and shale

  17. Slide 17: Base Metal Projects

    Enterprise BASE METAL PROJECTS Metals Limited 2011 Action Plan Follow up Doolgunna 2010 soil/IP targets (DeGrussa VMS style) RC drilling planned. IP surveys over “Isa /Zambian Style” sediment hosted targets generated along SBF.

  18. Slide 18: Doolgunna Project - Competitors

    Enterprise Doolgunna Project - Competitors Metals Limited Sandfire Resources NL DeGrussa VMS Resource  10.67 million tonnes  5.6% Cu  1.9g/t Au  15g/t Ag for  600,000 tonnes copper  660,000 ounces gold  5.1m ounces silver

  19. Slide 19: Doolgunna Project

    Enterprise Doolgunna Project Metals Limited Target: Proterozoic VMS Cu/Zn deposits  Initial focus on tenements along Goodin Fault, in Narracoota Volcanics.  Detailed soil sampling completed. (2,500 samples)  IP surveys commenced December 2010 but not completed until early 2011.  12 IP targets id

  20. Slide 20: Doolgunna Project

    Enterprise Doolgunna Project Metals Limited Target: Proterozoic Sediment Hosted Cu/Zn deposits  Potential for “Mt Isa” or “Zambian” style massive sulphides along Southern Boundary Fault (SBF).  IP surveys to be conducted over SBF in areas of low magnetics at REDOX(?) boundary.  July 2011: Airborn

  21. Slide 21: Darlot Project

    Enterprise Darlot Project Metals Limited Historic Gold drilling results on magnetics Targets: Archaean orogenic Au deposit & VMS Cu/Zn deposits  Excellent gold/base metal targets based on previous RAB drilling & structural interpretation.  Favourable stratigraphy, under-drilled.  Hungry mill at B

  22. Slide 22: Darlot North

    Enterprise Darlot North Metals Limited Modelled IP Chargeability Section over 1st VD Magnetic Image IP t IP Chargeability 2D Model IP Chargeability 2D Model

  23. Slide 23: Darlot Project

    Enterprise Darlot Project Metals Limited Targets: Archaean orogenic Au deposit & VMS Cu/Zn deposits Felsic volcanic sequence hosting Jaguar and Bentley present in ENT Darlot South tenements. Area drilled for gold in 1980- 1990’s. Study completed to assess drill holes for re-sampling for base meta

  24. Slide 24: Calcrete outcrops, Yalgoo Project

    Enterprise Metals Limited Calcrete outcrops, Yalgoo Project

  25. Slide 25: Uranium Strategy

    Enterprise URANIUM STRATEGY Metals Limited Detailed airborne magnetic/radiometric surveys to identify uranium anomalies associated with calcrete and greenstone, And then Aircore drill testing

  26. Slide 26: Yalgoo Project

    Enterprise Yalgoo Project (100%) Metals Limited Uranium channel Calcrete 29ppm U 50ppm U 250ppm U Up to 418ppm U

  27. Slide 27: Byro Project

    (100%) Enterprise Byro Project Metals Limited RGB Radiometric Image RGB Radiometrics Isometric projection Target: Calcrete hosted uranium deposit  Strong airborne radiometric response with calcrete over Proterozic basement complex and Archaean greenstone  Awaiting grant of tenement, aircore drilli

  28. Slide 28: Byro Project

    Enterprise Byro Project Metals Limited 52,500 tonnes U3O8 Strong analogy between Byro and Yeelirrie, Australia’s largest calcrete hosted Uranium deposit

  29. Slide 29: Harris Lake Project

    Enterprise Harris Lake Project Metals Limited Regional Geology  Strong airborne radiometric responses associated with lake sediments over contact between Archaean greenstones & Proterozoic basement .  Sandstone hosted model.  2011 Plan: Aircore drilling.

  30. Slide 30: Harris Lake Project

    Enterprise Harris Lake Project Metals Limited Uranium Channel over Digital Terrain Image Target A: A strong discrete elongate (1,500m x 200m) uranium response. Target B: Coincident with an isolated Uranium “oxbow” off the main drainage system. A discrete (1,000m x 150m) uranium response. Target C: M

  31. Slide 31: Reporting of Exploration Results

    Enterprise Reporting of Exploration Results Metals Limited The information in this presentation that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Dermot Ryan, a Fellow of the Australasian Institute of Mining & Metallurgy. Dermot Ryan is a Dire

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