Enterprise Metals Limited · ASX:ENT
Enterprise Metals — Shareholder Meeting (November 2011)
36 slides from Enterprise Metals's shareholder meeting presentation, Nov 21, 2011
Slide 1: Annual General Meeting Shareholder Presentation
Enterprise Metals Limited Annual General Meeting Shareholder Presentation 21 November 2011 www.enterprisemetals.com.au
Slide 2: Disclaimer
Enterprise Metals Limited 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 other public announcements and reports (
Slide 3: Capital structure and major shareholder
Enterprise Metals Limited Issued Capital 202.97 million shares Share price $0.20 (close 18 Nov 2011) Market Capitalisation $40.6 million Cash at bank ~$13.1 million @ 31 Sept 2011 ________________________ _______________________________ Listed & Unlisted Options 84.0 million @ 25 cents (6/2012 - 7/2
Slide 4: Company Structure
A*5 = >. m Enterprise COMPANY STRUCTURE 2 =? Gens a7 G@® ENTERPRISE METALS LTD ENTERPRISE ENTERPRISE ENTERPRISE ENTERPRISE IRON PTY LTD GOLD PTY LTD EXPLORATION PTY LTD URANIUM PTY LTD
Slide 5: Major shareholder Sinotech Minerals Exploration
Enterprise Metals Limited Subsidiary of Sinotech Minerals Exploration Co., Ltd. Beijing Institute of Geology for Mineral Resources (BIGM) is major shareholder (45%). Focus is exploration, mine development and geo-services. Enterprise is first equity investment in Australia. Sinotech aims t
Slide 6: Investment in foreign public companies, our strategy
Enterprise Metals Limited “Investment in foreign public companies, our strategy” Discover well-credited junior exploration companies with good properties. Provide financial and technical support, even properties if necessary. Adjust our shareholding position according to corporate demand & mar
Slide 7: Directors
Enterprise DIRECTORS Metals Limited Dr. Jingbin Wang BSc, MSc, PhD - Chairman (Non-Executive) Geologist with 26 years multi-commodity, multi-national experience Dermot Ryan BApSc(Geo), FAusIMM, CP (Geo) - Managing Director Geologist with 34 years multi-commodity experience Paul Hallam BE Mining
Slide 8: Project Locations
Enterprise Project Locations Metals Limited Iron Ore Uranium Burracoppin Yalgoo Earaheedy Byro Sylvania Harris Lake Booylgoo Ponton Cunderdin Darlot Gold Base Metals Darlot Doolgunna Burracoppin Darlot Wattagee Wattagee Fraser Range Yalgoo
Slide 9: Massive hematite outcrop, Sylvania Project
Enterprise Metals Limited Massive hematite outcrop, Sylvania Project
Slide 10: Sylvania Project
Enterprise Sylvania Project Metals Limited Targets: 1. Proterozoic hematite, “Hamersley style” 2. Channel Iron (CID) or Detrital Iron (DID) on Fortescue River Fault 2012: RC drill test of CID/DID and hematite targets. POW approved. 1 Heritage survey completed, 1 awaited. Outcropping Joffre(?) Hemati
Slide 11: Cunderdin and Burracoppin projects map
es P Cunderdin geBurracc ppin 000009-4 BSG ~ AN ) q Mt Caudan Fe iS ©20km h\ ees “= Railway -|(=] Project Boundary = Ro Archaean Greenstone belts hosting BIF within gneissic terrane. >» Heavy duty standard gauge railway, water, power, other services. > Deepwater ports at Kwinana and Esperance. Enter
Slide 12: Westonia greenstone belt
Enterprise Metals Limited 50km strike of Archaean “Westonia” greenstone belt (Fe, Au, PGE potential) Some scattered outcrops of Bif and goethite and some hematite scree. Same rocks as host Edna May goldmine. (100,000pa gold producer) Flat, deeply weathered, little outcrop, “farmers wheat pad
Slide 13: Aeromagnetic surveys
Enterprise Metals Limited 100m line spaced aeromagnetic surveys flown by Enterprise. 10’s km of linear magnetic anomalism defined, some associated with subcropping & mapped Bif. Magnetic lows may represent deep weathering & hematite. Gold potential at Burgess Find. PGE potential in magneti
Slide 14: Burgess Find Gold Target
Enterprise Metals Limited Burgess Find Gold Target High grade gold in veins at sheared contact between mafic/ultramafic unit to west and gneiss to east. Soil sampling indicates gold anomalism over 2km of strike. Soil sampling not completed due to transported cover. (RAB/aircore drilling 2012)
Slide 15: The Duck PGE Target
Enterprise Metals Limited “The Duck” PGE Target PGE potential in magnetic mafic - ultramafic intrusive. Deeply weathered and lateritised. Highly anomalous Platinum and Palladium geochemistry, particularly around margins. 2012: Aircore drilling required to determine fresh rock source(s). IP
Slide 16: Earaheedy Project
Enterprise Earaheedy Project Metals Limited Targets: Channel Iron (CID) & Detrital Iron (DID) deposits (eg Koodaideri like) Proterozoic Bif’s in Earaheedy/Nabberu Basin. 600sq km, granted April 2011. “Magnetic channels” - 400m line spaced magnetics suggest CID/DID’s present. 2011: 100m Airborn
Slide 17: Earaheedy Project
Enterprise Earaheedy Project Metals Limited 2012 Plan: RC drilling Test gravity profiles 2011: Detailed 100m Airborne magnetic/radiometric survey
Slide 18: Gold & Base Metals Projects
Enterprise GOLD & BASE METALS PROJECTS Metals Limited Doolgunna Heritage Survey Doolgunna Station – Exploration Basecamp
Slide 19: Gold & Base Metals Strategy
Enterprise GOLD & BASE METALS STRATEGY Metals Limited GOLD Explore below known oxide gold zones for high grade primary ore, within trucking distance of competitors Mills. Eg. Darlot, Yalgoo, Burracoppin. BASE METALS Explore prospective Proterozoic Volcanics and Sediments near De Grussa (VMS and sedi
Slide 20: Doolgunna Project - Competitors
Enterprise Doolgunna Project - Competitors Metals Limited Sandfire Resources NL DeGrussa VMS Resource 10.67 million tonnes 5.6% Cu 1.9g/t Au 15g/t Ag 600,000 tonnes copper 660,000 ounces gold 5.1m ounces silver Plan Revenue: $4.2B Cashflow (pre-tax): $2.4B
Slide 21: Doolgunna Project
Enterprise DOOLGUNNA PROJECT Metals Limited 2011: RC drilling 3 soil/IP targets (DeGrussa VMS style) Commenced 15Nov 2011. Detailed 100m airborne magnetic survey completed. 2012: IP surveys over “Isa /Zambian Style” sediment hosted copper targets along SBF.
Slide 22: Doolgunna Project
Enterprise Doolgunna Project Metals Limited 2012: Sediment Hosted Cu(Zn) targets “Doolgunna Graben” concept. Potential for “Isa” or “Zambian” style massive sulphides along Southern Boundary Fault (SBF ~80km). Expect deep oxidation(~80m) & extensive secondary Cu blankets over primary ore zones.
Slide 23: Darlot Project
Enterprise Darlot Project Metals Limited Historic Gold drilling results on magnetics Targets: Archaean Orogenic Au deposit & VMS Cu/Zn deposits Excellent gold/base metal targets based on previous RAB drilling & structural interpretation. Favourable stratigraphy, under- drilled. Hungry mill at
Slide 24: Darlot North
Enterprise Darlot North Metals Limited Modelled IP Chargeability Section over 1st VD Magnetic Image IP t IP Chargeability 2D Model IP Chargeability 2D Model
Slide 25: Darlot South
Enterprise Darlot South Metals Limited Target: ArchaeanVMS Cu/Zn deposits Felsic volcanic sequence hosting Jaguar and Bentley present in ENT Darlot South tenements. Area drilled for gold 1980 -1990’s. Existing drill hole spoilre-sampled for base metals (inc Cd) and alteration minerals associated
Slide 26: Calcrete outcrops, Yalgoo Project
Enterprise Metals Limited Calcrete outcrops, Yalgoo Project
Slide 27: Uranium Strategy
Enterprise URANIUM STRATEGY Metals Limited 2010/2011: Detailed airborne magnetic/radiometric surveys to identify uranium anomalies associated with calcrete and/or sandstone. New survey completed, data awaited. And then….. 2012: Aircore/RC drill testing
Slide 28: Roll Front Uranium Model
Enterprise Roll Front Uranium Model Metals Limited RGB Radiometrics Isometric projection Model for Sand or Sandstone Hosted Uranium deposits
Slide 29: Calcrete Uranium Model
Enterprise Calcrete Uranium Model Metals Limited Model for Calcrete Hosted Uranium deposits
Slide 30: Yalgoo Project
Enterprise Yalgoo Project (100%) Metals Limited 2011: Uranium channel New airborne survey (results awaited) Heritage Survey late Nov 2011. 2012: Aircore/RC drill testing. 29ppm U 50ppm U 250ppm U Up to 418ppm U
Slide 31: Byro Project
(100%) Enterprise Byro Project Metals Limited RGB Radiometric Image Uranium Targets 1. Calcrete hosted deposit Strong airborne radiometric response in Murchison Channel 170km U anomaly. Awaiting grant of tenements. 2. Sandstone hosted deposit 2011: 100m Airborne Survey. Uranium anomaly west
Slide 32: Byro Project
Enterprise Byro Project Metals Limited 52,500 tonnes U3O8 Strong analogy between Byro and Yeelirrie, Australia’s largest calcrete hosted Uranium deposit
Slide 33: Ponton & Harris Lake Projects
Enterprise Ponton & Harris Lake Projects Metals Limited Regional Geology Target: Sand or Sandstone hosted uranium deposits Strong airborne radiometric responses associated with channel & lake sediments. “Elephant country” 2012: Aircore/RC drilling.
Slide 34: Ponton Project
Enterprise Ponton Project Metals Limited 2012 Drill Targets: Target A: Lake Rebecca. Target B: Lake Yindana. Target C: Lake Roe. Uranium Channel over Digital Terrain Image
Slide 35: Harris Lake Project
Enterprise Harris Lake Project Metals Limited 2012 Drill Targets: Target A: Strong discrete elongate (1,500m x 200m) uranium response. Uranium Target B: Coincident with an isolated “oxbow” off main drainage. Discrete (1,000m x 150m) uranium response. Target C: Main anomalous uranium response, 10km l
Slide 36: Reporting of Exploration Results
Enterprise Reporting of Exploration Results Metals Limited The information in this presentation 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 Dire
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