Encounter Resources Limited · ASX:ENR
Encounter Resources — Shareholder Meeting (November 2022)
28 slides from Encounter Resources's shareholder meeting presentation, Nov 29, 2022
Slide 1: Annual General Meeting
For personal use only Annual General Meeting 29 November 2022 Exploring for the next copper, rare earths and lithium 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 For personal use only given in good faith. Certain information in this document has been derived
Slide 3: Encounter at a glance
Encounter at a glance Creating value through project generation and discovery Elliott For personal use only Paterson Dunmarra Capital structure Board of Directors Province Maryfield Broadmere ASX ticker ENR Brunchilly Carrara Share price (28/11/2022) $0.17 Jessica Paterson Province Shares on issue 3
Slide 4: A premier exploration portfolio
A premier exploration portfolio Early mover positions in world-class minerals belts attracting Tier 1 partners For personal use only Elliott Copper (BHP $25m earn-in) Sediment-hosted copper in an unexplored region Elliott Lamil Copper-Gold (ENR 100%) Dunmarra Paterson Extensive mineralised copper- M
Slide 5: Current activity and recent highlights
Current activity and recent highlights Copper-REE - Aileron - West Arunta, WA (100% ENR) For personal use only ▪ Niobium-REE mineralised carbonatite discovery by WA1 Resources (ASX:WA1) ▪ Highlights the region’s potential for IOCG and carbonatite-hosted REE deposits ▪ Airborne magnetic-radiometric s
Slide 6: West Arunta, Western Australia: A new critical minerals province
For personal use only West Arunta, Western Australia: A new critical minerals province 6
Slide 7: Discovery journey in a new mineral province
Discovery journey in a new mineral province For personal use only Identified the West Arunta Commencement of drilling at First hole intersects IOCG-style opportunity, secured tenure, Aileron in an area of no previous copper, gold and REE signature at introduced Newcrest as JV partner mineral explora
Slide 8: Aileron Copper-Rare Earths Project (100% ENR)
Aileron Copper-Rare Earths Project (100% ENR) A new rare earth and IOCG province in Australia ▪ Commanding land position in the underexplored West Arunta with +100km long Aileron project For personal use only ▪ Three rare earths (“REE”) occurrences recently identified in the belt including the disco
Slide 9: Aileron Copper-Rare Earths Project: IOCG prospectivity
Aileron Copper-Rare Earths Project (100% ENR) One of the most prospective regions in Australia for IOCG-REE deposits For personal use only ▪ Only drill hole completed at Aileron (EAL001) (depth of 158m) — contained zones of anomalism in copper (up to 0.1% Cu), gold (up to 48ppb Au), molybdenum (up t
Slide 10: Niobium-REE mineralised carbonatite system <1km from Aileron
Aileron Copper-Rare Earths Project (100% ENR) Niobium-REE mineralised carbonatite system <1km from Aileron For personal use only ▪ Gravity survey and surface sampling have upgraded Aileron targets ▪ Discrete, coincident gravity- magnetic anomalies on major regional structures ▪ Reconnaissance rock c
Slide 11: Caird Target at Aileron
Caird Target at Aileron Pipe-like gravity anomaly ~5km along the major structure from Luni For personal use only ▪ Discrete, “bullseye” density anomaly ~600m by 600m (~2 mgal), coincident with magnetic anomaly 1 ▪ Interpreted as a pipe-like intrusion or alteration system with potential for IOCG styl
Slide 12: Aileron Copper-Rare Earths Project: new REE and IOCG province
Aileron Copper-Rare Earths Project (100% ENR) A new rare earth and IOCG province in Australia For personal use only ▪ Magmatic hydrothermal mineral systems are active in the region ▪ Alkaline systems are key drivers in the formation of IOCG and carbonatite- hosted REE deposits ▪ Numerous drill targe
Slide 13: Magnetic/radiometric survey to refine REE carbonatite and IOCG targets
Aileron Copper-Rare Earths Project (100% ENR) Magnetic/radiometric survey to refine REE carbonatite and IOCG targets – results early December For personal use only Caird Aileron Cu-REE project – Magnetics (RTP) 13 Refer to ASX announcement 27 October 2022
Slide 14: Northern Territory: Significant global opportunity for copper and lithium
For personal use only Northern Territory: Significant global opportunity for copper and lithium 14
Slide 15: Junction and Sitch Lithium Projects (100% ENR)
Junction and Sitch Lithium Projects (100% ENR) Northern Arunta Pegmatite Province For personal use only ▪ Encounter controls a significant part of the North Arunta Pegmatite Province identified by the NT Geological Survey (“NTGS”) ▪ Analogous to the host pegmatites of the lithium deposits at Greenbu
Slide 16: Junction Lithium Project: Crawford target
Junction Lithium Project (100% ENR) Crawford target For personal use only ▪ Located at the intersection of two important, LCT-controlling structures ▪ A series of the most lithium rich occurrences in the Northern Arunta Pegmatite Province (controlled by Core Lithium Ltd (ASX:CXO)) are trending along
Slide 17: Sandover Copper Project (100% ENR)
Sandover Copper Project (100% ENR) Outcropping shale units that contain copper mapped for more than 20km For personal use only ▪ Partially exposed Neoproterozoic Basin in the Georgina - 170km north-east of Alice Springs ▪ Copper mineralisation at surface returned assays up to 20.9% Cu and anomalous
Slide 18: Northern Territory: globally significant opportunity for copper
Northern Territory: globally significant opportunity for copper ▪ Highly prospective, vastly underexplored For personal use only region under shallow cover ▪ Located between the major copper-gold producing districts of Mt Isa and Tennant Creek ▪ Transformational investment in pre- competitive data b
Slide 19: Elliott Copper Project
Elliott Copper Project BHP-funded diamond drilling (~2,000m) in progress For personal use only ▪ BHP (ASX:BHP) earn-in and joint venture agreement covering the 7,200km² Elliott Copper Project ▪ BHP may earn up to a 75% interest by spending up to $25 million over 10 years ▪ Compelling opportunity in
Slide 20: Jessica Copper and Carrara Copper-Zinc Projects
Jessica Copper and Carrara Copper-Zinc Projects South32 entered into two farm-in agreements in June 2022 For personal use only ▪ Reprocessing of seismic lines has defined a number of ground- breaking, new drill targets at the Jessica and Carrara ▪ Diamond drilling is planned at Carrara to test multi
Slide 21: Jessica Copper Project: Zeta IOCG Target
Jessica Copper Project Zeta IOCG Target For personal use only ▪ Drilling at Jessica to include the newly defined Zeta IOCG target: — Coincident magnetic-gravity anomaly — Discrete seismic reflector — Adjacent to a regionally significant deep feeder structure Zeta IOCG target. Gravity (1VD) (left) an
Slide 22: Paterson Province, Western Australia: New large scale copper-gold discoveries
For personal use only Paterson Province, Western Australia: New large scale copper- gold discoveries 22
Slide 23: Lamil: Copper-gold system established (100% ENR)
Lamil: Copper-gold system established (100% ENR) EIS diamond drilling completed September For personal use only ▪ Located 25km NW of Telfer ▪ Expansive copper-gold system >1km of strike containing multiple, stacked, narrow copper-gold reefs ▪ High-grade copper up to 19.1% Cu contained in chalcocite
Slide 24: Drilling results point to potential large copper-gold system
Drilling results point to potential large copper-gold system High grade copper intersections rare outside of Winu and Havieron For personal use only Semi-massive pyrite – chalcocite mineralisation drilled from 409.1 to 410.6m in ETG0226. • 1.5m @ 19.1% Cu from 409.1m • 3.9m @ 1.6g/t Au from 410.6m 2
Slide 25: Yeneena Copper
Yeneena Copper Paterson Province is a proven region with a history of discoveries For personal use only ▪ Exploration at Yeneena is focused on discovering high-value sediment-hosted copper deposits ▪ ~1,450km² of the Paterson Province ▪ IGO Ltd (ASX:IGO) can sole fund $15 million in exploration expe
Slide 26: Large portfolio of exploration projects in Australia
Large portfolio of exploration projects in Australia 100% ENR projects Farm-in partners For personal use only Aileron Copper-Rare Earths Project –WA Elliott Copper Project - NT ▪ IOCG style copper-gold-REE in drilling (up to $25m farm-in funding) ▪ Olympic Dam age mineralisation events ▪ Targeting s
Slide 27: Upcoming news
Upcoming news For personal use only Aileron IOCG-REE (100% ENR) - WA – Completion of magnetic-radiometric survey Nov 2022 Junction Lithium (100% ENR) – NT – Reconnaissance-surface sampling completion Dec 2022 Sandover Copper (100% ENR) – NT - Gravity survey, drill target identification Dec 2022 Lami
Slide 28: Contact
Contact For personal use only 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 28
Encounter Resources — Shareholder Meeting (November 2022) on 6ix