Slide 1: Presentation to Investors
ACN: 123 567 073 Presentation to Investors 5 August 2009
Slide 2: Disclaimer
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 and reports (including financial report
Slide 3: Increase Shareholder Value
“Increase Shareholder Value…..” How: Discovery and/or acquisition under safe title of large & highly profitable World Class Mineral Deposits
Slide 4: Issued Capital and Options
Issued Capital: 91.086 M shares Options: 2.00 M @ 25 cents (31/12/09) 16.21 M @ 25 cents (20/06/12)* 3.00 M @ 25 cents (22/11/12) 2.50 M @ 50 cents (30/06/13) Share price (close 3 August 2009): $0.40 Market Capitalisation: $36.4 million Cash at bank: $3.2 million @ 29 July 2009 * 16.21 options issue
Slide 5: Strong Management Team
STRONG MANAGEMENT TEAM Paul Larsen ‐ Non Executive Chairman ¾ Successful private company director ¾ 26 years experience in construction, management & major projects Dermot Ryan ‐ Managing Director FAusIMM, CP (Geo) ¾ Geologist with 33 years multi‐commodity experience ¾ 20 years CRA Ltd inc. 10 years
Slide 6: Exploration Expertise
EXPLORATION EXPERTISE “contracted, available on demand” GEOLOGY GEOPHYSICS ¾ Neil Provins ¾ Bill Robertson ¾ Hugh Bunge ¾ Geoff Garton ¾ Vic Williams DATABASE/GIS ¾ Mike Kammermann ¾ Peter Litic ¾ Frank Doedens ¾ Brett Scott
Slide 7: Projects by Commodity
Gold Iron Ore Revere Sylvania Darlot Earaheedy Wattagee Fraser Range Yalgoo Uranium Base Metals Maitland Revere (Cu/Au) Lake Mason Eucla (Cu/Au?) Darlot Sylvania
Slide 8: Geology Targets: Sediment hosted stratiform Cu/Au
(100%) Geology Targets Target: Sediment hosted stratiform Cu/Au deposit or stockwork Au deposit Intracratonic Proterozoic sedimentary basin Proterozoic sedimentary sequences onlapping Archaean granite/greenstones Geochemical/structural/geophysical targets identified for drill testing
Slide 9: Sandfire Degrussa drill results analogue
(100%) Sandfire Resources Ltd Degrussa drill results indicate leached cap & Au/Cu enrichment blanket
Slide 10: Magnetic & Copper Soil Geochemistry, VTEM Survey Images
Magnetic & Copper Soil Geochemistry VTEM Survey (Channel 30) Images Image with Prospect Locations over Magnetic Image with Prospect Locations
Slide 11: IP Lines Completed, RC Drilling Planned
3 Lines of IP completed. Conductors and chargeability anomalies detected coincident with magnetic & Cu/Au geochemical targets. Resistivity anomalies coincident with Au in quartz veins. Deep weathering to 75 metres (& leaching of copper?) RC drilling, planned.
Slide 12: Planned RC Holes
Line 2 Conductor, Massive sulphide Cu (Au) Target. Disseminated target to west. Line 3 Conductors, Massive sulphide Cu (Au) Targets. Disseminated target to west. Planned RC holes in purple
Slide 13: Gold and Base Metal Targets
(100% *) Gold and Base Metal targets Historic Gold drilling results on magnetics Excellent gold/base metal targets based on previous RAB drilling & structural interpretation * one tenement 80% owned Favourable stratigraphy, under-drilled RC drilling in progress at Griffin Well
Slide 14: Griffin Well Prospect
IP Phase Data, Griffin Well Prospect, 200 metre Depth Slice over showing local geology with 1st VD Magnetic Image, historical drilling results Showing NW – SE strike Target Zone
Slide 15: Popes Patch Gold Target
Popes Patch gold target Popes Patch cross section Historical drilling with limited follow up 1,500m x 1,500m gold system Excellent gold targets based on structure/ RAB IP survey required
Slide 16: Geology Magnetics and Prospects
(100%) Geology Magnetics and Prospects Targets: Archaean orogenic Au deposit & VMS Cu/Zn deposits Covers 143 km2 prospective Archaean greenstone & felsic volcanics “Big Bell” style conceptual targets for gold along Cuddingwarra Shear Historical RC results encouraging, eg. 4m @ 17.9g/t Au from
Slide 17: Magnetics and Prospects
Magnetics and Prospects AM 14 Base metal prospect Historical RC results encouraging eg. 3m @ 7.5% Zn, Geophysics (IP) and RC drilling required. (POW submitted)
Slide 18: Calcrete Hosted Uranium Deposits
Calcrete hosted uranium deposits Soluble Uranium sourced from granites Uranium (carnotite) precipitated in calcrete over greenstone belts after addition of Ca and V.
Slide 19: Yilgarn Uranium Resources & Projects
Yilgarn Uranium Resources & Projects Alluvial Plain Plait Interfluve Channel Pediment LEGEND 7 HS Uranium Mineralisation Ca & V Source | | [J Calcrete = L__} Alluvium L_] Silcrete/Laterite [1 Kaolinite Zone MG Greenstone Mafic/Ultra mafic Horizontal | , = =] Weathered Greenstone Calcrete Uranium Dep
Slide 20: Target: Calcrete Hosted Uranium, Yeelirrie Style
(70%, uranium only) Geology Uranium Channel Target: Calcrete hosted uranium, “Yeelirrie style” 70% interest in “Uranium only” joint venture with Mark Creasy Covers part of Lake Maitland channel over Yandal greenstone belt Lies immediately west of Mega Uranium’s known calcrete deposit Little
Slide 21: Enterprise's Maitland Target
Enterprise’s Maitland target, +250ppm U3O8 2 Km Reconnaissance aircore drilling by Enterprise west of Mega Uranium’s calcrete deposit 5km long Core Zone of +200ppm uranium Infill drilling required.
Slide 22: Target: Calcrete Hosted Uranium, Lake Darlot
(100%) Target: Calcrete hosted uranium , “Yeelirrie style” Downstream from BHPB’s Yeelirrie, 52,500t U3O8 Strong evidence in GSWA radiometric data Little previous drilling on Lake Darlot itself Enterprise soil sampling – max 164ppm U
Slide 23: Target: Hematite Iron Deposit, Hamersley Style
(100%) Geology Magnetics Target: Proterozoic sediments - hematite iron deposit, “Hamersley style” Recent drilling in adjacent tenement by iron ore major in Brockman Iron Formation
Slide 24: Target: Unconformity/Shear Hosted Uranium
RGB Radiometrics Uranium Channel Target: Unconformity/shear hosted uranium deposit Uranium occurrences at unconformity, overlying Sylvania Dome granite Strong airborne radiometric response associated with unconformity Previous work by CRA/PNC - max 0.52% U3O8 in calcrete
Slide 25: Target: Channel Iron Deposit
(100%) Target: Channel Iron Deposit (“CID”) in Proterozoic sediments Proterozoic Bif’s in Nabberu Basin “Magnetic channels” - aeromagnetics suggest CID’s present Tenement still in application, early stage
Slide 26: Target: Magmatic Titaniferous Iron Deposit
(100%) Geology Magnetics Target: Magmatic Titaniferous Iron Deposit in Proterozoic metamorphic rocks Also potential for shear hosted Gold deposits (cf Tropicana) , Ni/Cu – PGE’s & Base Metals Tenements still in application, early stages
Slide 27: Magnetics Titaniferous Magnetite
Magnetics Titaniferous magnetite Aeromagnetics define 7,000m long anomaly: 3,500m on Company tenement Rock chips by previous explorers: max 38% TiO2 Tenements still in application, early stages
Slide 28: Airborne Magnetic Targets near Fraser Range
Large, discrete & intense airborne magnetic targets identified in DMP regional airborne survey data, 100 km ESE of Fraser Range at Balladonia Targets along major NE‐SW corridor on margin of Eucla Basin Potential for major iron oxide or iron sulphide (pyrrhotite) accumulations (Iron oxide‐coppe
Slide 29: Small opportunities are often the beginning of great enterprises
“Small opportunities are often the beginning of great ENTERPRISES” Demosthenes (384BC-322BC)
Slide 30: Reporting of Exploration Results
Reporting of Exploration Results The information in this report 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 Director of the Company and a geolog