Enterprise Metals Limited · ASX:ENT
Enterprise Metals — Diggers & Dealers 2013
39 slides from Enterprise Metals's conference presentation, Aug 6, 2013
Slide 1: Doolgunna & Fraser Range: Potential World Class Provinces
Enterprise Metals Limited Enterprise Metals Limited Doolgunna & Fraser Range Potential World Class Provinces Kalgoorlie 6 August 2013
Slide 2: Disclaimer
Enterprise Metals Limited 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 reports (
Slide 3: Company objective: Tier 1 gold, base metal and iron ore deposits
Enterprise Metals Limited “to create shareholder value through discovery or acquisition of projects with potential for Tier 1 gold, base metal and iron ore deposits...” Through: Using Government supplied, pre-competitive data (aeromagnetics, radiometrics, geochemistry, mapping). Identifying new
Slide 4: Capital structure and major shareholder
Enterprise Metals Limited Issued Capital 213.22 million Shares Share price @ 2 August 2013 $0.07 Market Capitalisation $14.9 million Cash at bank @ 30 June 2013 $1.71 million Options 36.0 million @ 22.9 cents 7.6 million @ 14.9 cents 10.0 million @ 22.9 cents Major Shareholder: SinoTech 72.0 million
Slide 5: Directors & Senior Management
Enterprise Directors & Senior Management Metals Limited Dr. Jingbin Wang BSc, MSc, PhD - Chairman (Non-Executive) Geologist with 26 years multi-commodity, multi-national experience Dermot Ryan BApSc (Geo), FAusIMM, CP (Geo) - Managing Director Geologist with 35 years multi-commodity experience A
Slide 6: Enterprise Metals Limited
Enterprise Metals Limited ASX Listed: ENU
Slide 7: Exploration Strategy
Enterprise EXPLORATION STRATEGY Metals Limited People: Well skilled, trained & rewarded people. Commodity Focus: Gold Copper (zinc) Iron ore. Targets: Large land holdings “Tier 1” resources Technology: Exploit advances in understanding of regolith, airborne geophysics & geochemistry.
Slide 8: Commodity Strategy
Enterprise COMMODITY STRATEGY Metals Limited Area Focus: Yilgarn Craton (Au, Cu/Zn, Ni) Proterozoic Basins & Orogenic Zones. (Cu, Ni) Projects & Deposit Models: Fraser Range (Magmatic Ni/Cu) Doolgunna (VMS & SEDEX Cu) Darlot (Orogenic Au, VMS Cu/Zn) Wattagee (Orogenic Au, VMS Cu/Zn) Bu
Slide 9: Fraser Range Nickel / Copper
Enterprise Fraser Range Nickel / Copper Metals Limited
Slide 10: Sirius Resources NL – Nova Deposit
Enterprise Fraser Range Nickel / Copper Metals Limited Sirius Resources NL – Nova Deposit Magmatic nickel sulphide deposit discovered 2012 14.6 Mt @ 2.2% Ni, 0.9% Cu, 0.08% Co. 325,000 t nickel; 134,000 t copper, 11,000 t cobalt. (June 2013) Preliminary studies indicate Nova will be a very l
Slide 11: Nova Prospect – Discovery RC Drill Traverse
Enterprise Fraser Range Nickel / Copper Metals Limited Nova Prospect – Discovery RC Drill Traverse – Note Palaeochannel.
Slide 12: Sirius Nova Deposit
Enterprise Fraser Range Nickel / Copper Metals Limited Sirius Nova Deposit .
Slide 13: Fraser Range Nickel / Copper
Enterprise Fraser Range Nickel / Copper Metals Limited
Slide 14: Comparison of Nova & Plato: Soil Nickel Responses
Enterprise Fraser Range Nickel / Copper Metals Limited Comparison of Nova & Plato: Soil Nickel Responses
Slide 15: Plato: Detailed Nickel Soil Anomalism over Magnetics
Enterprise Fraser Range Nickel / Copper Metals Limited Plato: Detailed Nickel Soil Anomalism over Magnetics
Slide 16: Plato: Detailed Soil Results
Enterprise Fraser Range Nickel / Copper Metals Limited Plato Detailed Soil Results Copper Anomalism over Mag Image Cobalt Anomalism over Mag Image
Slide 17: Plato: HEM Bedrock Conductors
Enterprise Fraser Range Nickel / Copper Metals Limited Plato HEM Bedrock Conductors Nickel Soil Anomalism over Mag.
Slide 18: Nova mineralisation overlain on Enterprise CDI
Enterprise Fraser Range Nickel / Copper Metals Limited Outline of the Nova nickel/copper sulphide mineralisation in pink (to scale) overlain on Enterprise CDI’s Plan of Ni Soil Geochemistry & CDI Section/HEM Model with Proposed Drilling
Slide 19: Sectional Geology & Mineralisation Plato CDI
Enterprise Fraser Range Nickel / Copper Metals Limited Nova Plato Outline of the Nova nickel/copper sulphide mineralisation in pink (to scale) overlain on Enterprise CDI’s Sectional Geology & Mineralisation Plato CDI
Slide 20: McPhersons: Ni & Cu Soil Geochemistry over Magnetics
Enterprise Fraser Range Nickel / Copper Metals Limited McPhersons: Ni & Cu Soil Geochemistry over Magnetics
Slide 21: McPhersons: HEM Conductors and GSWA Geology
Enterprise Fraser Range Nickel / Copper Metals Limited McPhersons: HEM Conductors and GSWA Geology over Magnetics
Slide 22: McPhersons: Ni Soil Geochemistry & HEM CDI Section
Enterprise Fraser Range Nickel / Copper Metals Limited Outline of the Nova nickel/copper sulphide mineralisation in pink (to scale) overlain on Enterprise CDI’s McPhersons: Ni Soil Geochemistry & HEM CDI Section with Proposed Drilling
Slide 23: Fraser Range Next Steps
Enterprise Fraser Range Nickel / Copper Metals Limited Next Steps Drill Plato and McPhersons Advance Heart and Highway targets. Evaluated other anomalous geochemistry and HEM responses & Areas of transported soil where soil sampling deemed ineffective. Areas of palaeodrainage. Follow Up He
Slide 24: Doolgunna Copper
Enterprise Doolgunna Copper Metals Limited
Slide 25: Sandfire Resources NL - DeGrussa Deposit
Enterprise Doolgunna Copper Metals Limited Sandfire Resources NL - Degrussa Deposit 10.2 Mt @ 5.7% Cu, 2.1g/t Au, 15g/t Ag (March 2013) 586,000 t copper; 688,000 oz gold; 5.1m oz silver Plan Revenue: $4.2B Cashflow (pre-tax): $2.4B “With the discovery of these four lenses at DeGrussa, Sandfi
Slide 26: DeGrussa Deposit discovery history
Enterprise Doolgunna Copper Metals Limited Sandfire Resources NL DeGrussa Deposit 2006-2009 Shallow drilling for laterite hosted gold 2009 Discovery of supergene copper and gold zone ~80m from surface, below leached capping. VMS hosted in Narracoota Formation volcanics. “ENT believes adjacent
Slide 27: VMS & Sediment Hosted Deposits
Enterprise Doolgunna Copper Metals Limited VMS & Sediment Hosted Deposits Doolgunna , hghly prospective for : volcanic hosted deposits. (eg DeGrussa, Horseshoe) & sedimentary hosted deposits. (eg Thaduna, Egnima) SEDEX style deposits. Potential “Zambian” style massive sulphides in the sediments & vo
Slide 28: Vulcan VMS Prospect in Narracoota Formation
Enterprise Doolgunna Copper Metals Limited ENT V u l c a n VMS Prospect in Narracoota Fm. Vo l c a n i c s Copper (ppm) in soils Gold (ppb) in soils
Slide 29: Doolgunna Copper
Enterprise Doolgunna Copper Metals Limited
Slide 30: Doolgunna Copper
Enterprise Doolgunna Copper Metals Limited
Slide 31: Sediment Hosted Model
Enterprise Doolgunna Copper Metals Limited Sediment Hosted Model Ore-controlling factors: •Structural control •NW striking faults, crosscutting •NE-striking Goodin and SBF faults. Mineralisation source and fluids: •Cu sourced from mafic volcanic, •Fluids medium-low temperature •Hot brine, heated
Slide 32: Doolgunna Copper
Enterprise Doolgunna Copper Metals Limited
Slide 33: Anomaly B Airborne and Ground EM
Enterprise Doolgunna Copper Metals Limited Anomaly B Airborne EM Ground EM Body 1 Model Body 2 ENTERPRISE METALS LTD 31 MAY 2010
Slide 34: Anomaly B Ground EM Late time channel response
Enterprise Doolgunna Copper Metals Limited Anomaly B Ground EM - Late time channel response over VD1 Magnetics
Slide 35: Anomaly A, B: Regional Gravity Bouguer Anomaly Image
Enterprise Doolgunna Copper Metals Limited Local gravity anomaly Anomaly A, B: Regional Gravity Bouguer Anomaly Image,
Slide 36: Anomaly A, B: Mag-Lag Surface Geochemistry
Enterprise Doolgunna Copper Metals Limited Anomaly A, B ENT Images of Mag-Lag Surface Geochemistry (CRAE-Rio Tinto 1990’s data)
Slide 37: Long Section of Historical Shallow Drilling
Enterprise Doolgunna Copper Metals Limited • Limited Historical Drilling • Depleted Cu, Zn in regolith (<50ppm) • Enrichment in bedrock (Cu to 620ppm、Zn to 850ppm) Zn Cu Regolith Bedrock(sandstone, shale, etc) Long Section of Historical Shallow Drilling
Slide 38: Doolgunna Copper Next Steps
Enterprise Doolgunna Copper Metals Limited Next Steps Detailed Gravity surveys to prioritise EM targets, Additional EM surveying, RC drill testing of prioritised targets.
Slide 39: 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 an emp