Encounter Resources Limited · ASX:ENR
Encounter Resources — Shareholder Meeting (November 2016)
19 slides from Encounter Resources's shareholder meeting presentation, Nov 25, 2016
Slide 1: Annual General Meeting
For personal use only Annual General Meeting 25 November 2016 ASX : ENR
Slide 2: Company Snapshot
Company Snapshot Board Main Project – Yeneena (Cu, Zn, Au) For personal use only Paul Chapman - Chairman Will Robinson - Managing Director Peter Bewick - Exploration Director Jon Hronsky - Non-Executive Director Kevin Hart / Dan Travers - Company Sec. 155.6m Ordinary Shares (Top 40 shareholders hold
Slide 3: Creating Value Through Greenfield Exploration
Creating Value Through Greenfield Exploration… Major land holding in proven For personal use only Proterozoic Paterson Province A region that produces big deposits Sharing risk at appropriate points to maximise exploration upside New copper and zinc discoveries made by ENR Telfer region go
Slide 4: …in a New Search Space…
…in a New Search Space… Sand covered mineral belt with For personal use only proven fertility Outcropping discoveries made in 1970-80s (Nifty, Telfer, Kintyre) Minimal subsurface exploration activity up to 2005 Leading edge undercover exploration techniques - IP, CSIRO Ultrafine Soils Fracti
Slide 5: 2016 Highlights
2016 Highlights Millennium Zn Shale hosted zinc-lead mineralisation extended at least 400m further For personal use only south-east at Millennium. EIS diamond drill program in progress Lookout Rocks Cu Successful intersection of zones of up to 1% Cu in disseminated sulphide mineralisation in the
Slide 6: Greenfield Zinc Discovery at Millennium
For personal use only Greenfield Zinc Discovery at Millennium… Large +3km long zinc system First order structural address at intersection of major NE and basin forming NW structures Millennium Zinc High grade mineralisation in early drilling Hampton Hill Mining (HHM) earning up to 25% by pro
Slide 7: Large zinc system with high grade Zn sulphide
Large zinc system with high grade Zn sulphide… Massive zinc sulphide 0.7m @ 36.5% For personal use only Zn A’ Section Thick gossan intersections - 70m @ 2.3% next slide Zn EPT1174 A 201m @ 0.6% Zn from 233m to EOH (refer ASX announcements 14 December 2013, 12 January 2015, 17 June 2015, 29 October 2
Slide 8: Millennium - Shale Hosted Zinc Mineralisation
Millennium - Shale Hosted Zinc Mineralisation 1,500-2,000 metre For personal use only diamond drill program EIS co-funded by WA Government EPT1174 - 201m @ 0.6% Zn from 233m to EOH including 29m @ 1.0% Zn from 400m. Designed to test for high grade zinc mineralisation at the base of a thickened
Slide 9: Lookout Rocks – Zambian style copper prospect in WA
Lookout Rocks – Zambian style copper prospect in WA VTEM surveys completed 2013 Telfer Au/Cu For personal use only (1972) & 2014 Over 50 strike kms of interpreted ‘first reductant’ at the base of the Broadhurst Formation sediments in highly prospective structural setting Shallow sand cover wit
Slide 10: Lookout Rocks – First diamond hole intersects copper
Lookout Rocks – First diamond hole intersects copper First diamond drill hole successfully Telfer Au/Cu For personal use only (1972) intersected zones of disseminated copper sulphide mineralisation, up to 1% Cu Mineralisation is hosted by black, reduced carbonaceous sediments, located directly a
Slide 11: Aria – IOCG Prospect
Aria – IOCG Prospect Detailed gravity survey completed Discrete density anomaly located on the For personal use only margin of the previously identified magnetic anomaly 400m diamond hole completed EPT2276 EPT2276 intersected further hematite- altered, polymictic breccia containing blebs of
Slide 12: BM7 Project – 14km long Copper System
BM7 Project – 14km long Copper System BM1 For personal use only Coherent zone of near surface Cu oxide mineralisation 10m @ 6.8% Cu from 32m* +0.1% Cu 20m @ 2.0% Cu from 22m* Regolith Anomaly 8m @ 3.6% Cu from 18m* 16m @ 3.2% Cu from 26m 50m @ 1.1% Cu from 12m BM7 Large mineral system containing hig
Slide 13: Large scale gold opportunities near Telfer
Large scale gold opportunities near Telfer TELFER WEST For personal use only Dome of prospective stratigraphy similar to the host units at Telfer Egg Prospect contains high grade gold mineralisation within a substantial volume of stockwork style gold mineralisation Sparsely drill tested, parti
Slide 14: Telfer West Gold/Copper Project
For personal use only Telfer West Gold/Copper Project Historical drilling and interpreted geology. Historical diamond holes (yellow diamonds), all other Telfer West airphoto – Historical diamond holes (yellow diamonds), all other holes (black dots) holes (black dots). Detailed aeromagnetic backgroun
Slide 15: Telfer West Gold/Copper Project
For personal use only Telfer West Gold/Copper Project Egg Prospect LHS 86-9 from ~65m to EOH (note incomplete sampling) The Egg Prospect within the Malu Formation contains high grade gold mineralisation with anomalism extending for at least 4km to the north-west Egg Prospect cross section from his
Slide 16: Telfer West Gold/Copper Project
Telfer West Gold/Copper Project Recent Activity For personal use only Airborne magnetic survey July 2016 Surface geochemical sampling Aug 2016 Heritage survey completed Oct 2016 IP (induced polarisation) survey Nov 2016 Surface rock chip program at the Egg Prospect has confirmed historic
Slide 17: Two diamond drill rigs currently operating at Yeneena/Telfer West
Two diamond drill rigs currently operating at Yeneena/Telfer West Millennium Zinc Project - 1,500-2,000m diamond drill program primarily designed to test for high grade For personal use only zinc mineralisation at the base of a thickened mineralised shale package – First assays Dec 2016 Telfer W
Slide 18: The Investment Case
The Investment Case • Under-cover frontier exploration to create enduring value For personal use only • Exposure to large scale exploration upside in copper, zinc and gold • Large land position in district with proven fertility and active majors (2000km2) • Risk sharing at appropriate points to maxi
Slide 19: Disclaimer & Compliance Statement
Disclaimer & Compliance Statement This presentation has been prepared by Encounter Resources Limited (“Encounter”). The information contained in this presentation is a For personal use only professional opinion only and is given in good faith. Certain information in this document has been derived fr
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