Encounter Resources Limited · ASX:ENR
Encounter Resources — Annual Geoscience Exploration Seminar (AGES) 2022
19 slides from Encounter Resources's conference presentation, Apr 6, 2022
Slide 1: Sediment Hosted Copper in the Territory
For personal use only Sediment Hosted Copper in the Territory Annual Geoscience Exploration Seminar (AGES) 5-6 April 2022 Alice Springs, Northern Territory Sarah James 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: The Encounter Business Model
The Encounter Business Model PROJECT GENERATOR MODEL For personal use only Progress project pipeline with a mix of alliances, joint ventures and sole funding TIER 1 TARGETS Project generation and exploration targeting copper dominant discoveries in world-class mineral belts HIGH QUALITY PARTNERS Par
Slide 4: Large scale copper exploration
Large scale copper exploration Attractive demand side dynamics for copper: For personal use only ▪ Significant increase in production required to support the global megatrends of vehicle electrification and decarbonisation ▪ Greater focus on sustainability supports the development of new, modern min
Slide 5: A premier copper exploration portfolio
A premier copper exploration portfolio Early mover positions in world-class minerals belts attracting Tier 1 partners For personal use only Paterson Province – WA Sandover Cu-Au System 25km NW of Telfer and new approach in a known Cu-Co district Elliott ▪ Lamil Copper-Gold (ENR 100%) Northern Territ
Slide 6: Northern Territory: The next hot spot for copper in Australia
For personal use only Northern Territory: The next hot spot for copper in Australia 6
Slide 7: Northern Territory: the next hot spot for copper in Australia
Northern Territory: the next hot spot for copper in Australia ▪ Highly prospective, vastly For personal use only underexplored region under shallow cover ▪ Major copper-gold producing districts of Mt Isa and Tennant Creek ▪ Transformational investment in pre- competitive data by Geoscience Australia
Slide 8: Elliott Copper Project
Elliott Copper Project ▪ BHP (ASX:BHP) earn-in and joint venture agreement covering the For personal use only 7,200km2 Elliott Copper Project ▪ BHP may earn up to a 75% interest in Elliott by spending up to $25 million over 10 years ▪ Compelling exploration opportunity in the vastly underexplored Gr
Slide 9: Jessica and Carrara Projects
Jessica and Carrara Projects Copper at surface and at depth For personal use only Jessica Carrara Century Mine Copper Carbonate (Malachite) 0-3m from RN28419 – chemical assay 1.5% Cu 1 Chalcopyrite contained in a calcareous shale unit within NDI Carrara1 ~1,617m 4 Background gravity Drill hole NDIBK
Slide 10: NTGS Core Library, Darwin
For personal use only NTGS Core Library, Darwin 10
Slide 11: The Sandover Project
For personal use only The Sandover Project A new sediment hosted copper province in the Northern Territory? 11
Slide 12: Sandover Project
Sandover Project A partially exposed Neoproterozoic Basin in the Georgina For personal use only ▪ 170km north-east of Alice Springs ▪ Covers a major structural corridor on the southern margin of the Georgina Basin ▪ Interpreted to represent a locally preserved Neoproterozoic depocentre, overlain by
Slide 13: Sandover Project: Outcropping shale units that contain copper
Sandover Project Outcropping shale units that contain copper For personal use only ▪ Historical exploration has mapped copper at surface in a stratiform position extending over 20km of strike in the Mt Skinner area. ▪ NTGS compiled geological map showing cupiferous outcrop, historical drillholes and
Slide 14: Sandover Project
Sandover Project ▪ In October 2021 the first field reconnaissance was completed ▪ Sampling was conducted in four field areas located up to 6km For personal use only apart to ground truth previously mapped outcropping copper. ▪ Confirmed the presence of an outcropping red-bed sandstone sequence with
Slide 15: Sandover Project: Outcropping shale units mapped for more than 20km
Sandover Project Outcropping shale units that contain copper mapped for more than 20km For personal use only ▪ Sampling of copper mineralisation at surface returned assays up to 20.9% Cu and a suite of highly anomalous pathfinder elements (Zn, Ag, As, Bi, Mo and Pb) at four separate areas over 6km o
Slide 16: Sandover Project: A new sediment hosted copper-province?
Sandover Project A new sediment hosted copper-province in the Northern Territory? For personal use only ▪ The major elements of a sediment-hosted copper system are present at Sandover. ▪ The classic Zambian analogy is particularly relevant in — Juxtaposition of Neoproterozoic sediments against cryst
Slide 17: Sandover Project Exploration Activities
Sandover Project Exploration Activities ▪ Geophysical compilation, derivative For personal use only images and review by Darren Hunt at Terra Resources ▪ Integration of Magnetics, Radiometrics, Gravity, AusAEM together with Aster, mapped geology, DEM, diamond drillcore stratigraphy and geochemistry.
Slide 18: Next Steps
Next Steps Designing an exploration program to fast track this emerging opportunity For personal use only ▪ Engaging with experts in sediment hosted copper deposit model ▪ Exploration program to focus on: — Identifying and extending reduced units within the basin along strike and under cover — Empha
Slide 19: Foundations established for major copper exploration drive
Foundations established for major copper exploration drive Major new copper discoveries required to meet For personal use only burgeoning demand - constrained supply Sediment-hosted copper systems are a high grade and large deposit style Central Australia has the right geology for sediment- hosted a
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