Slide 1: Mining the Territory: Gold and Copper in Australia
Mining the Territory 11-13 November 2020 Gold and Copper in Australia: Collaborating with high quality partners to make new discoveries 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 given in good faith. Certain information in this document has been derived from third parties and
Slide 3: The Encounter business model
PROJECT GENERATOR MODEL Progress project pipeline with a mix of alliances, joint ventures and sole funding The TIER 1 TARGETS Project generation and exploration targeting multi-million ounce Encounter gold and major base metal discoveries in world-class mineral belts business HIGH QUALITY PARTNERS P
Slide 4: Encounter at a glance
Creating value through project generation and discovery Encounter at a glance Capital structure Share price – 12 months ASX ticker ENR $0.35 2,500,000.00 Share price (11/11/2020) $0.20 $0.30 2,000,000.00 Shares on issue 313M $0.25 Options 16M $0.20 1,500,000.00 Market capitalisation ~$63 $0.15 1,000
Slide 5: Scale opportunities in gold and copper within Australia
Scale opportunities in gold and copper within Australia Paterson Province Gold-Copper Drill ready gold targets Northern Territory 25km NW of Telfer Sediment Hosted copper and IOCG targets in 100% 100% emerging region Tanami and Paterson Province West Arunta New approach in a Fast-tracking exploratio
Slide 6: Copper
Copper ▪ Paterson Province Drilling in progress IGO JV ▪ Northern Territory Elliott sediment-hosted Cu BHP option New camp scale projects ENR 100% 6
Slide 7: Northern Territory: the next hot spot for copper in Australia
Northern Territory: the next hot spot for copper in Australia ▪ Highly prospective but vastly underexplored region under shallow cover located between the major copper-gold producing districts of Mt Isa and Tennant Creek ▪ Copper sourced from sedimentary-hosted deposits is one of the largest sources
Slide 8: Elliott Copper Project
Elliott Copper Project BHP teams up with Encounter ▪ Strategic land position of 4,500km² located on a major structural intersection on the ▪ Elliott is being advanced together south western margin of the Beetaloo Basin with BHP via an option agreement ▪ Standout copper in groundwater anomaly from Ge
Slide 9: Jessica Copper Project
Jessica Copper Project ▪ 5,500km² covering key structural corridors east of Tennant Creek ▪ Prospective for sediment-hosted copper and IOCG deposits ▪ Near surface copper oxide (malachite) mineralisation identified in rock chips generated from water bore drilling ▪ Initial aircore drill program will
Slide 10: Carrara Copper/Zinc Project
Carrara Copper/Zinc Project ▪ Correlation of prospective Carrara stratigraphic units from the Isa Super basin into the Carrara Sub-basin that extended the Mount Isa Province to the west ▪ Target area located at an interpreted structural offset of the western margin of the Carrara Sub-basin where the
Slide 11: Sandover, Brunchilly & Playford Projects
Sandover, Brunchilly & Playford Projects Sandover Copper Project ▪ Intersection of major structural corridors on the southern margin of the Georgina basin ▪ Historical exploration mapped copper oxides at surface in a stratiform position extending over 20km of strike ▪ Focus on the down dip continuat
Slide 12: Gold
Gold ▪ West Arunta – Aileron IOCG target NCM JV ▪ Tanami – 3,000km2 in funded JVs NCM JV ▪ Paterson Province – Lamil Au/Cu ENR 100% ▪ Yilgarn – new greenfield gold targets ENR 100% 12
Slide 13: Foundations established for major exploration drive
Shareholders gain exposure to significant exploration expenditure with minimal dilution Foundations established for major exploration drive Exploration expenditure Current drill programs Total spend on Encounter Elliott Cu projects Yeneena Cu: Diamond drilling in progress Assay results – Jan 2021 Ye
Slide 14: High-quality partners and shareholders
Active exploration programs in world-class minerals belts High-quality partners and shareholders Tanami Northern Territory West ▪ Multiple Tier 1 opportunities: Arunta ELLIOTT ▪ Lamil (ENR 100% – Paterson) ▪ Aileron IOCG JV (Newcrest – West Arunta) PORT JESSICA HEDLAND ▪ Yeneena Cu-Co (IGO – Paterso