Encounter Resources Limited · ASX:ENR
Encounter Resources — Investor Presentation (June 2023)
19 slides from Encounter Resources's investor presentation, June 2023
Slide 1: Investor Update June 2023
ASX: ENR Investor Update June 2023 Leading copper & critical minerals exploration in Australia Diamond drilling at Aileron in the West Arunta in May 2023
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: Encounter at a glance
Encounter at a glance Creating value through project generation and discovery Capital structure Board of Directors ASX ticker ENR Share price (6/6/2023) $0.305 Shares on issue 396M Options 23M Mr Paul Chapman Mr Will Robinson Dr Jon Hronsky OAM Mr Peter Bewick Mr Philip Crutchfield Market capitalisa
Slide 4: Large and consistent in-ground exploration investment
Large and consistent in-ground exploration investment Building shareholder value through discovery Advanced Build Project Exploration Partnerships Generation Progress 100% projects rapidly Collaborating with high Fast mover, early adopter of to defined milestones quality exploration teams new techno
Slide 5: 100% owned projects
100% owned projects Leading edge copper and critical minerals exploration in Australia 5
Slide 6: A premier exploration portfolio
A premier exploration portfolio Early mover positions in world-class minerals belts attracting Tier 1 partners Aileron Project – West Arunta - WA Elliott Copper Targeting IOCG style copper-gold and Aileron - West Arunta carbonatite hosted critical minerals Copper/Critical Minerals ▪ Diamond drilling
Slide 7: Aileron Project – West Arunta (100% ENR)
Aileron Project – West Arunta (100% ENR) Targeting IOCG and carbonatite hosted critical minerals ▪ Commanding land position in the underexplored West Arunta with +100km long Aileron project ▪ High grade niobium-REE discovery at Luni by WA1 Resources (ASX:WA1, Market Cap ~A$290m) is located adjacent
Slide 8: Aileron Project – West Arunta (100%)
Aileron Project – West Arunta (100%) Modern geophysics is revealing exceptional new critical mineral targets Identified the West Arunta First hole intersects IOCG-style Aileron field camp opportunity, secured tenure, signature at an easily 2019 - 2020 introduced Newcrest Mining as explorable depth i
Slide 9: Aileron Project – West Arunta (100% ENR)
Aileron Project – West Arunta (100% ENR) Initial ground gravity survey defined compelling drill targets ▪ Caird – ‘bullseye’ coincident magnetic and density anomaly 5km north-west of the Luni mineralised carbonatite discovery (ASX:WA1) ▪ Crean – regional scale magnetic anomaly with an offset gravity
Slide 10: Aileron Project – West Arunta (100% ENR)
Aileron Project – West Arunta (100% ENR) Falcon airborne gravity survey defines a suite of new targets ▪ Large, high amplitude gravity anomaly encompassing Encounter’s Caird target and the adjacent Luni discovery by WA1 Resources ▪ Interpreted as a major alkaline intrusive complex prospective for ca
Slide 11: Aileron Project – West Arunta (100% ENR)
Aileron Project – West Arunta (100% ENR) 2023 exploration program Falcon gravity survey Complete 2,000m diamond drill program: Crean, Worsley, Caird May – Jun New gravity/magnetics/drill data to prioritise targets May – Aug Heritage survey Jul – Aug Surface geochemistry Aug – Sep Geophysics Aug – Se
Slide 12: Farm-in projects
Farm-in projects Working with the world’s leading miners to find the next generation of copper deposits 12
Slide 13: A premier exploration portfolio
A premier exploration portfolio Early mover positions in world-class minerals belts attracting Tier 1 partners Copper Farm-in Partners Elliott Copper Aileron - West Arunta Copper/Critical Minerals Elliott Copper Project - NT (BHP - up to $25m farm-in funding) Lamil Jessica & Carrara ▪ Diamond drilli
Slide 14: Northern Territory: globally significant opportunity for copper
Northern Territory: globally significant opportunity for copper Major exploration programs targeting Tier 1 discoveries in new areas ▪ New investment in pre-competitive Government data has transformed the exploration potential of the NT ▪ These new datasets are providing crucial early insights into
Slide 15: Jessica Copper and Carrara Copper-Zinc Projects
Jessica Copper and Carrara Copper-Zinc Projects South32 two farm-in agreements (ENR carried to Scoping Study) ▪ Stratigraphic drill hole (NDI Carrara-1) completed by the Minex CRC established the presence of zinc, lead and copper ▪ Near surface copper oxide (malachite) in rock chips from water bore
Slide 16: Jessica Copper Project
Jessica Copper Project Zeta IOCG Target ▪ Coincident magnetic-gravity anomaly ▪ Discrete seismic reflector ▪ Adjacent to a regionally significant deep feeder structure Gravity (1VD) (left) and Magnetics (RTP) (right), location of GA seismic lines shown in red ▪ Confluence of geophysical anomalism (g
Slide 17: Large projects in emerging copper-critical mineral regions
Large projects in emerging copper-critical mineral regions 100% ENR Projects Copper Farm-in Partners $7m invested by partners on ENR projects in 2022 Aileron Copper-Rare Earths Project –WA ▪ Targeting IOCG copper-gold and carbonatite Elliott Copper Project - NT hosted critical minerals (up to $25m f
Slide 18: Drilling multiple discovery targets
Drilling multiple discovery targets Aileron Cu/Critical Minerals Aileron Cu/Critical Minerals Aileron Cu/Critical Minerals Final Falcon gravity survey and First assay results from pre- First assay results from drill target prioritisation collars diamond drilling (100% ENR) (100% ENR) (100% ENR) June
Slide 19: Contact
Contact Telephone: +61 8 9486 9455 Website: www.enrl.com.au Email: contact@enrl.com.au Suite 2, 1 Alvan Street Subiaco WA 6008 ASX: ENR 19
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