Enterprise Metals Limited · ASX:ENT

Enterprise Metals — Shareholder Meeting (November 2017)

27 slides from Enterprise Metals's shareholder meeting presentation, Nov 29, 2017

  1. Slide 1: MD Presentation Post Annual General Meeting

    MD Presentation Post Annual General Meeting 29 November 2017

  2. Slide 2: Important Information

    Important Information Disclaimer This presentation has been prepared by Enterprise Metals Limited (“Enterprise”) and is current at the date of the presentation is delivered. The presentation is in summary form and does not purport be all inclusive or complete. Recipients should conduct their own inv

  3. Slide 3: Capital Structure

    Capital Structure Capital Structure Share Price & Volume Share Price (close 28 Nov 2017) A$ 0.021 Shares on Issue (28 Nov 2017) # 318,769,728 5.0 cents Options on Issue # Nil Market Capitalisation A$m $6.69m Cash 1 A$m $0.177m 2.0 cents Note 1. At 30 Sept 2017 12M Alto Metals Ltd (ASX: AME) Investme

  4. Slide 4: Vision & Strategy

    Vision & Strategy VISION “Discovery and/or acquisition of large high grade gold and/or base metal deposits that can provide superior returns to our shareholders” STRATEGY  Quality area selection and land acquisition,  Use best practice geology, geophysics and geochemistry for targeting,  Effectiv

  5. Slide 5: Enterprise's Projects – Western Australian

    Enterprise’s Projects – Western Australian DOOLGUNNA Cu/Zn Sandfire Resources (SFR) funding & operating ENT 100%, until SFR finds 50,000t Cu metal or equivalent, then SFR 75% interest. FRASER RANGE Ni/Co Apollo Minerals (AON) 70% & operating ENT 30% free carried to completion of BFS MURCHISON Au/Cu/

  6. Slide 6: Doolgunna – Farm-in By Sandfire Resources

    DOOLGUNNA – Farm-in By Sandfire Resources SANDFIRE RESOURCES NL (SFR) FARM-IN Oct 2016 SFR can earn 75% interest by defining 50,000 tonnes contained Cu metal (or equivalent) Multimillion $ program underway  Drilling programs in progress along highly prospective VMS corridor SW of Monty deposit  1,

  7. Slide 7: Doolgunna - Capricorn Orogen

    DOOLGUNNA - Capricorn Orogen Proterozoic Highly prospective for Cu/Au deposits 2009: Sandfire DeGrussa discovery 2015: Sandfire Monty discovery 2018: ?????? Regional Gravity Image DOOLGUNNA PROJECT PAGE 7

  8. Slide 8: Doolgunna – Sandfire's Aircore drilling

    DOOLGUNNA – Sandfire’s Aircore drilling  1,465 aircore drill holes (119,556m)  Vulcan, White Well, Ruby Well & Mount Leake Prospects Hole Prospect From (m) Int (m) Cu (ppm) Au (ppm) EFAC0722 White Well 70 5 4,000 NSA EFAC0764 White Well 75 10 NSA 1.53 EFAC0765 White Well 35 10 NSA 0.72 EFAC0904 Ru

  9. Slide 9: Doolgunna – Sandfire's RC & DC drilling

    DOOLGUNNA – Sandfire’s RC & DC drilling  10 RC holes (3,745m) at Vulcan Gold Anomaly, Vulcan West EM Anomaly & Homestead EM Anomaly. Some holes to be extended with diamond tails.  1 hole tested VTEM anomaly & intersected magnetic sediments, siltstone & minor sandstone from 195m to bottom of hole a

  10. Slide 10: Fraser Range – JV with Apollo Minerals

    FRASER RANGE – JV with Apollo Minerals Fraser Range History:  1965-1971: Newmont  1995-2008: Creasy et al  2012: Sirius - Nova discovery ENT 2009 - 2013:  Aeromag, soil sampling & AEM ENT 2014:  Plato: 6 hole RC/DC, NiS intersected  39 FLEM ground surveys  6 RC drill holes Plato South  Poten

  11. Slide 11: ENT-AON JV – Surrounded by IGO Tenure

    ENT- AON JV – Surrounded by IGO Tenure IGO exploration budget $21Mpa  ENT-AON ground is well placed with on 12,00sq.km landholding respect to IGO tenements  Covers core of gravity high, interpreted to be a large layered mafic complex NOVA FRASER RANGE PROJECT PAGE 11

  12. Slide 12: Fraser Range E63/1281 – Plato Prospect

    Fraser Range E63/1281 – Plato Prospect  Plato soil geochem data over magnetic Ni “low”, co-incident with elevated nickel, copper, cobalt  Magnetic “low” is olivine gabbronorite intrusive within mafic complex PLRCD003, at 337.4 metres Downhole ENT: ASX release 30 July 2014 Niton XRF on Sulphides: 5

  13. Slide 13: Fraser Range E63/1281

    Fraser Range E63/1281  Plato is associated with magnetic “low”, co-incident with elevated Ni, Cu, Co in soils  Apollo identified HeliTEM anomaly 1281, 10km NE of magmatic Ni-Cu sulphide mineralisation at Plato, in structural setting similar to other Ni-Cu sulphide deposits  Mapping identified out

  14. Slide 14: Fraser Range E63/1282

    Fraser Range E63/1282  ENT soil sampling in 2012 defined a broad zone of anomalous Au associated with a NE trending magnetic feature. Maximum reported gold value was 13 ppb.  Apollo identified HeliTEM anomaly 1282, co-incident with the ENT soil gold anomaly  Apollo completed 4 soil traverses over

  15. Slide 15: Fraser Range E28/2403

    Fraser Range E28/2403  Apollo has identified conceptual magnetic targets with strong features analogous to magmatic Ni-Cu sulphide deposits  400m by 400m ground gravity survey over the target area, with infill at 200m by 200m now completed by Apollo.  2 targets (A1 & A2) have amplitudes ~3 mGal,

  16. Slide 16: Murchison – 100% Enterprise

    MURCHISON – 100% Enterprise  Located 30km north of Cue & 35km north-east of the Big Bell Gold Mine  Contiguous 820 km2 block of tenure  Covers NE extensions of the same greenstone belts and shear zones hosting Big Bell & Cuddingwarra gold deposits  Plus extensions of Chieftain (or “Mt Magnet”) &

  17. Slide 17: Murchison – 100% Enterprise

    MURCHISON – 100% Enterprise  Favourable stratigraphy covered with alluvium provides the challenge & the opportunity  Contains 2 stratigraphic horizons with known VMS style mineralisation:  +21km strike of Wattagee VMS horizon, AM14, Wattagee Hill & Metals Ex gossans  +16km strike of Emily Well V

  18. Slide 18: Murchison – Behring Bore Au prospect

    MURCHISON – Behring Bore Au prospect  Historical AC drilling intersected a thick, shallow, low grade zone of gold mineralisation, including:  21m @ 0.76 g/t Au from 49m in BBNAC092, and  20m @ 0.51 g/t Au from 41m in BBNAC004  900m x 500m +1g/t Au maximum downhole gold anomaly in 200m x 100m spa

  19. Slide 19: Murchison – Jeffrey Well Au prospect

    MURCHISON – Jeffrey Well Au prospect  Aircore drilling by MPI Gold intersected 3m @ 9.19 g/t Au from 111m in hole 96LWAC56  Follow up drilling by MPI failed to confirm this result  However, aircore drilling by Alchemy Resources on a nominal 200m x 100m spacing defined the Jeffery Well Prospect an

  20. Slide 20: Murchison – Milly Bore – Chieftain Shear

    MURCHISON – Milly Bore – Chieftain Shear  E20/742 & adjacent PL’s (“Zelda” acquisition) cover the extensions of 4 mineralised structures defined at Cuddingwarra / Emily Well  Limited historical drilling & anomalous gold results from a number of structures, including the Chieftain Shear Zone.  Hol

  21. Slide 21: Ballard – ENT 90% - Legendre 10% free carry

    BALLARD – ENT 90% - Legendre 10% free carry  Ballard tenements are prospective for gold  Located between the historical mining centres of Mt Ida (30km to the north) & Riverina-Mulline (35km to the south) & Davyhurst (with a 1.2Mtpa mill currently operating) 65km to the south  The tenements stradd

  22. Slide 22: Ballard

    BALLARD  Gold exploration has largely comprised soil sampling, generally with a focus around old historical gold workings, or in some cases, on areas identified from early regional stream sediment sampling programs  Compilation of historical data indicates that while several surface geochemical an

  23. Slide 23: Darlot – Seeking JV partner

    DARLOT – Seeking JV partner ARCHAEAN YANDAL GREENSTONE BELT  Proven gold & base metal endowment  2013-2016: Independence Group (ASX:IGO) spent $1.7M, withdrew from JV March 2016  Focus was on base metals in felsic volcanics east of Ockerburry Fault, 60km north of IGO’s Jaguar Cu/Zn/Ag Mine Darlot

  24. Slide 24: Yalgoo – Seeking JV partner

    YALGOO – Seeking JV partner  E59/2076 (125km2) contains shallow gold occurrences untested at depth &  Contains strike extension of an 800 metre long, 12-60 metre-wide lithium- rich pegmatite vein containing tantalum/rubidium.  Drill assays on adjoining competitor lease, 2m at 1.25% Li2O  60% of

  25. Slide 25: Directors

    Directors Name Role Background Dr Allan Trench Non-Executive After commencing his career as a geologist with WMC, Dr Trench worked as a business BSc (Hons) PhD Chairman consultant for McKinsey and Co, then as a manager at KCGM Pty Ltd and Woodside (Geophysics) MSc Petroleum. Currently he is a consul

  26. Slide 26: Competent Person Statement

    Competent Person Statement The information in this Presentation (Report) that relates to Exploration Results is extracted from Public (ASX) Reports previously published by Enterprise Metals Limited which are available for viewing on the ASX and ENT websites. The information in this Presentation that

  27. Slide 27: References

    References • 03 Nov 2017 Gold Prospects Identified within Murchison Landholdings • 31 Oct 2017 September 2017 Quarterly Report • 27 Oct 2017 Annual Report to shareholders • 26 Oct 2017 Fraser Range Orpheus JV Exploration Update • 23 Oct 2017 Doolgunna Project WA, Exploration Update • 09 Oct 2017 Ten

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