Enterprise Metals Limited · ASX:ENT
Enterprise Metals — Investor Presentation (August 2010)
33 slides from Enterprise Metals's investor presentation, Aug 3, 2010
Slide 1: Shareholder Presentation
ACN: 123 567 073 Shareholder Presentation Kalgoorlie 2010 3 August 2010
Slide 2: Disclaimer
Disclaimer This document has been prepared by Enterprise Metals Ltd (“Enterprise” or “the Company”) to provide an update of the Company to investors and potential new shareholders. This presentation should be read in conjunction with ather public announcements and reports (including financial report
Slide 3: Substantially Increase Shareholder Value
“Substantially Increase Shareholder Value…..” By “discovery and/or acquisition under safe title of large & highly profitable Deposits of iron ore, gold, go d, base metals eta s & uranium…..” ua u within “the Archaean Yilgarn Craton and surrounding g Proterozoic Basins & Orogenic Zones” ENTERPRISE ME
Slide 4: Issued Capital
Issued Capital: 111.97 M shares Options: O ti Listed 15.28 15 28 M @ 25 cents t (20/06/12) Options: Unlisted 3.00 M @ 25 cents (22/11/12) 2 50 M @ 50 cents (30/06/13) 2.50 Share price: $0.18 (close 2 August 2010) Market Capitalisation: $20 million Cash at bank: $2.1 million @ 30 June 2010 ENTERPRISE
Slide 5: Strong Management Team
STRONG MANAGEMENT TEAM P l LLarsen ‐ Non Paul N Executive E ti Chairman Ch i Successful private company director 26 years experience in construction, management & major projects Dermot Ryan ‐ Managing Director FAusIMM, CP (Geo) Geologist with 33 years multi‐commodity experience 20 years CRA
Slide 6: Project Locations
PROJECT LOCATIONS Iron Ore Uranium Cunderdin Yalgoo Burgess Byro Sylvania Darlot Booylgoo Eucla Earaheedy Gold Base Metals Wattagee Doolgunna Yandal d l Eucla l (Cu/Au?) Darlot Wattagee (Cu/Zn)
Slide 7: Strategy
Strategy Acquire and drill test high quality empirical or conceptual targets in areas of excellent infrastructure infrastructure, with focus on Direct Shipping Ore (“DSO”) Ie High grade hematite Ie. hematite‐goethite, goethite not magnetite magnetite. 2010 Action Plan Drill test Cunderdin targets
Slide 8: Deposit Type
Deposit Type Mt Fe% Operator Sh G Shay Gap‐Sunrise S i Mi d + Resource Mined R 217 62 7 62.7 BHPB Wiluna West Resource 126 59.0 Golden West Koolyanobbing Resource 53 63 5 63.5 Cliffs Mt Webber Resource 40 57.3 Giralia Carina Resource 26 58.9 Polaris Mt Gibson (Ext Hill) Resource 23 59.8 Mt Gibson Mt
Slide 9: Archaean Hematite Example
Archaean Hematite Example 792500 mE 792550 mE 14m @ 67.9% Fe 16m @ 57.5% Fe 29m @ 61.1% Fe 18m @ 60% Fe 67m @ 60.3% Fe ¥, 56m @ 64.3% Fe mee 2m @ 52.7% Fe 77m @ 63.8% Fe | \gm wane. High Grade Iron Ore [ey Iron Formation 102m @ 61.9% Fe |] Matic Ly Ultramafic West C C4 Deposit Cross Section - 7 045
Slide 10: Cunderdin & Burgess Projects
Cunderdin & Burgess Projects roject Boundary | » Archaean Greenstone belts hosting BIF within gneissic terrane. » Heavy duty standard gauge railway, water, power, other services. » Deepwater ports at Kwinana and Esperance.
Slide 11: No outcrop, deeply weathered terrain
(100%) No outcrop, deeply weathered terrain, wheat paddocks, private land, no Native Title. 200m line spaced mag survey completed. 100km of linear magnetic anomalism defined,, p potentiallyy banded iron fm. Magnetic lows may represent deep weathering and hematite. Access for drilling being n
Slide 12: Hematite targets in mag-lows
Hematite targets in “mag-lows” or zones of partial de-magnetisation Total magnetic intensity image
Slide 13: Little outcrop, deeply weathered terrain
(part Option, part 100%) Little Li l outcrop, deeply d l weathered h d greenstone belt, where historical RAB holes intersected Bif and hematite. Also gold potential. Only 400m line spaced aeromagnetic survey available. 10’s km of linear magnetic anomalism defined, associated with subcropping a
Slide 14: Historical Bif
(100%) Historical Hi i l mapping i shows h Bif. Bif Only 400m line spaced aeromagnetic survey available. 20km of mapped Bif Bif, but non‐outcrop non outcrop areas need drill testing for hematite/goethite DSO. Awaiting grant of tenement.
Slide 15: Target: Channel Iron Deposit
(100%) Target: Channel Iron Deposit (“CID”) in Proterozoic sediments Proterozoic Bif’s in Nabberu Basin “Magnetic channels” - aeromagnetics suggest CID’s present Tenement still in application.
Slide 16: Geology Magnetics Target
(100%) Geology Magnetics Target: Proterozoic sediments - hematite iron deposit, “Hamersley style” D illi in Drilling i adjacent dj t tenement t t by b Rio Ri in i Brockman B k Iron I Formation F ti
Slide 17: Massive hematite outcrop
(100%) Massive hematite outcrop, south of Wyloo Group sediments
Slide 18: Strategy
Strategy Explore favourable structures & stratigraphy for extensive Cu/Au or Cu/Pb/Zn zones 2010 Action Plan Drill test Eucla “IOCG” IOCG magnetic/gravity targets Follow up Doolgunna soil/VTEM targets (DeGrussa VMS) Soil sampling at Fraser Range
Slide 19: Sandfire Resources DeGrussa resource
Sandfire Resources NL DeGrussa resource 9.62 million tonnes 5.5% Cu 1.8g/t Au 14g/t Ag for 553,000 tonnes copper 559,000 559 000 ounces gold ld 4.3m ounces silver
Slide 20: Focus on granted tenements
Focus on granted tenements south of Goodin Fault, in Doolgunna Formation sediments sediments. VTEM & IP surveys y & soil sampling. RC drilling d illi off ttargets t along l Southern Boundary Fault (SBF) 40 scout holes/8,831 metres over 70km.
Slide 21: Focus on granted tenements
Focus on granted tenements north of Goodin Fault, in Narracoota Formation volcancs volcancs. VTEM & IP surveys & soil sampling & RC drilling of targets along Goodin Fault . Awaiting grant of key tenements around Ruby Well. Key issue: Narracoota Volcanics more extensive than GSWA mapping show
Slide 22: Awaiting grant of key tenements
Awaiting grant of key tenements around Ruby Well. Key issues: 1. Narracoota Volcanics more extensive than GSWA mapping app g shows. s o s 2. Structural control & Cu/Au mineralisation
Slide 23: 2010 exploration focus
(100%) Soil geochemistry over 1st VD Magnetics 2010 exploration focus on Narracoota Volcanics NW of Goodin Fault. Main Narracoota targets are Ruby Well, Lucky Dog and No. 2 Bore. Tenement grant imminent.
Slide 24: VTEM surveys, soil geochemistry and drilling
VTEM surveys, soil geochemistry and drilling are the main search techniques. Much more to be done done.
Slide 25: Cu/Au? Ni/Cu? Fe?
Cu/Au? (100%) Ni/C ? Ni/Cu? Fe? Large, discrete & intense airborne magnetic targets identified in DMP regional g airborne surveyy data,, 100 km ESE of Fraser Range at Balladonia. Targets along major NE‐SW corridor on margin off Eucla l Basin. Potential for iron oxide copper‐gold ((“IOCG”) IOCG
Slide 26: Magnetics 1VD Gravity Profiles
Magnetics 1VD Gravity Profiles
Slide 27: Strategy
Strategy Explore extensive airborne radiometric anomalies associated with calcrete and greenstone 2010 Action Plan Soil and Aircore drill testing at Yalgoo (calcrete) Soil and Aircore drill testing at Byro (calcrete) Aircore drill testing at Darlot (calcrete) Soil and Aircore drill testing at S
Slide 28: Geology & Location Plan
Geology & Location Plan Strong airborne radiometric response associated with calcrete over Proterozoic basement ((Byro) y ) and Archaean greenstone (Yalgoo) Granted tenement at Yalgoo Byro tenements still awaiting grant Stage 1: Soil sampling planned Stage 2: Aircore drilling to be planned
Slide 29: RGB Radiometric Image
(100%) RGB Radiometric Image RGB Radiometrics Isometric projection Target: Calcrete hosted uranium deposit Strong airborne radiometric response with calcrete over Proterozic basement complex and Archaean greenstone Awaiting grant of tenement, soil sampling and aircore drilling planned
Slide 30: Strong analogy at Byro with Yeelirrie
Strong analogy at Byro with Yeelirrie, Australia’s largest calcrete hosted Uranium deposit @ 52,500 tonnes contained U3O8 (BHP Billiton)
Slide 31: Strategy
Strategy Explore below known extensive oxide gold zones for high grade primary ore 2010 Action Plan Continue to drill test Wattagee Drill test Yandal Homestead RAB and RC drilling at Darlot
Slide 32: Geology Stockyard Creek Prospect
(100%) Geology Stockyard Creek Prospect Targets: Archaean orogenic Au deposit & VMS Cu/Zn deposits Covers prospective Archaean greenstone & felsic volcanics “Big Big Bell Bell” style conceptual targets for gold along Cuddingwarra Shear Historical RC results of 4m @ 17.9g/t Au and recent RC res
Slide 33: Reporting of Exploration Results
R Reporting ti off Exploration E l ti Results R lt The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Dermot Ryan, a Fellow of the Australasian Institute of Mining & Metallurgy. Dermot Ryan is a Director of the Co
Enterprise Metals — Investor Presentation (August 2010) on 6ix