Slide 1: Greenfields Copper Discovery in WA
ASX : ENR For personal use only Greenfields Copper Discovery in WA Mining 2011 Conference Brisbane 26-28 October 2011
Slide 2: Corporate Information
Corporate Information For personal use only Board Paul Chapman - Chairman Will Robinson - Managing Director Peter Bewick - Exploration Director Jon Hronsky - Non-Executive Director Kevin Hart / Dan Travers - Company Sec. Issued Capital: 99.3m Ordinary Shares 6.9m Employee Options Market Cap: $53.6m
Slide 3: Company Snapshot – Diversified Explorer
Company Snapshot – Diversified Explorer For personal use only Copper Manganese Zinc Uranium High grade discovery at BM1 Near surface Assays up to 28% 11 million lbs +20% Mn Zn, 2.3% Pb, near surface U3O8 Potential new copper province Multiple targets 34g/t Ag Inferred Resource • Exploring for “Major
Slide 4: Yeneena Project – Paterson Province (WA)
Yeneena Project – Paterson Province (WA) For personal use only • Major land position in highly endowed mineral belt • 100% ownership (1300 km2) • Multiple copper prospects • Good infrastructure • $5m exploration program in 2011 4
Slide 5: Yeneena Project – Field Camp
Yeneena Project – Field Camp For personal use only 5
Slide 6: Major land position amongst giant mineral deposits
Major land position amongst giant mineral deposits For personal use only 6
Slide 7: BM1 Copper Discovery
BM1 Copper Discovery For personal use only • Multiple thick, near surface intersections grading over 1% copper • Copper system +8km long and open 1km • BM1 Northern Area - coherent zones of near surface copper mineralisation • 10m @ 6.8% Cu from 32m (incl. 3m @ 12.3% Cu) • 20m @ 2.0% Cu from 22m (in
Slide 8: BM1 Drillhole EPT751 – 10m @ 6.8% Cu
BM1 Drillhole EPT751 – 10m @ 6.8% Cu 2.47%Cu, 20g/t Ag For personal use only 5.06%Cu, 52g/t Ag 3.16%Cu, 2.5g/t Ag 34.2%Cu, 176g/t Ag 24.7%Cu, 180g/t Ag 11.2%Cu, 10g/t Ag 8.05%Cu, 0.5g/t Ag 5.66%Cu, 3g/t Ag 6.98%Cu, 1.5g/t Ag 5.55%Cu, 7.5g/t Ag 16.6%Cu, 23.5g/t Ag 5.49%Cu, <0.5g/t Ag 1.96%Cu, <0.5g/t
Slide 9: BM1 Copper Discovery – Northern Area
BM1 Copper Discovery – Northern Area For personal use only 9
Slide 10: BM1 - Milestones in 2011 so far…
BM1 - Milestones in 2011 so far… Drilling commenced late April For personal use only Highest grade intersection to date 10m @ 6.8% Cu – June Near surface copper regolith footprint doubled to 8km with BM6 and BM7 discoveries – September First copper sulphide intersection - October EPT804 – Ch
Slide 11: BM1 Regional Targets
BM1 Regional Targets Up to 1.4% Cu in aircore BM6, BM7 Prospects Assays up to 1.4% Cu reconnaissance drilling For personal use only • Helicopter EM survey (“VTEM”) completed in June 2011 6km • Aircore drilling doubles strike of copper anomalism to over 8km. • BM6 - Copper mineralisation up to 1.4% C
Slide 12: BM7 Prospect
BM7 Prospect For personal use only • Major new copper regolith anomaly • Extending over 2.4km along key regional north-east trending structure (the Queen Fault) • Regolith is deeply weathered and heavily leached at the intersection of the Queen and McKay faults • End of hole geochemistry consistent
Slide 13: Nifty Copper Deposit
Nifty Copper Deposit Shallow aircore drilling identified broad zone of copper oxides For personal use only 200m 13
Slide 14: Major land position amongst giant mineral deposits
Major land position amongst giant mineral deposits For personal use only 14
Slide 15: Yeneena Project – T4 prospect
Yeneena Project – T4 prospect T4 For personal use only New copper prospect 30km north-east of the BM1 Discovery 15
Slide 16: T4 – Major Copper Prospect
T4 – Major Copper Prospect For personal use only Electromagnetics Magnetics Gravity EPT801 – Copper EPT801 EPT801 Sulphides Intersected 16
Slide 17: T4 - Diamond Drilling
T4 - Diamond Drilling 1cm Chalcopyrite For personal use only • Stratigraphic hole intersected disseminated copper sulphides up to 0.8% Cu • Drilling located at the southern end of a +4km long gravity & magnetic anomaly • New style of copper mineralisation in an unexplored Bornite region • Surface ge
Slide 18: Quality copper resources in short supply
Quality copper resources in short supply For personal use only 18
Slide 19: Yeneena Copper Discovery
Yeneena Copper Discovery For personal use only • New greenfields copper discovery made in 2010 • Early stage indications of a potential new copper province High drilling success rate Large mineralisation footprints Thick, high grade intersections • Land position secured (1300km2 , 100% owned)
Slide 20: Disclaimer & Compliance Statement
Disclaimer & Compliance Statement For personal use only 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 fr