Encounter Resources Limited · ASX:ENR
Encounter Resources — Diggers and Dealers 2015
15 slides from Encounter Resources's conference presentation, Aug 3, 2015
Slide 1: Diggers and Dealers
For personal use only Diggers and Dealers Kalgoorlie - 4th August 2015 ASX : ENR
Slide 2: Company Snapshot
Company Snapshot Board Paul Chapman - Chairman Yeneena Project – Copper, Zinc For personal use only Will Robinson - Managing Director Peter Bewick - Exploration Director Jon Hronsky - Non-Executive Director Kevin Hart / Dan Travers - Company Sec. 134.5m Ordinary Shares (Top 40 shareholders hold 66%)
Slide 3: Creating Value Through Greenfield Exploration
Creating Value Through Greenfield Exploration… Leading edge, under cover For personal use only greenfield exploration Major land holding in proven Proterozoic Paterson Province Sharing risk at appropriate points to maximise exploration upside New copper and zinc discoveries made by ENR 3
Slide 4: …in a New Search Space…
…in a New Search Space… Sand covered mineral belt with For personal use only proven fertility Outcropping discoveries made in 1970-80s (Nifty, Telfer, Kintyre) Minimal subsurface exploration activity up to 2005 Encounter has discovered two new mineral systems so far: BM1-BM7 Copper Mille
Slide 5: …in the Right Commodities – Copper and Zinc…
…in the Right Commodities – Copper and Zinc… “As copper porphyries mature, a significant deficit is expected to emerge beyond 2018 For personal use only – grade decline, higher strip ratios and longer cycle times underpin an attractive industry structure’’ - Mike Henry, President, HSE, Marketing & T
Slide 6: …in a Region that Produces Big Deposits…
For personal use only …in a Region that Produces Big Deposits… Northern Cu Corridor Opens • Visible blebs Cu sulphide - first ever drilling • Central-African copper belt setting • Farm-in with Antofagasta plc New Zinc Discovery • High grade mineralisation in early drilling • Zinc system +3km long an
Slide 7: BM1 / BM7 – Copper Project
BM1 / BM7 – Copper Project BM1 For personal use only Coherent zone of near surface Cu oxide mineralisation 10m @ 6.8% Cu from 32m* 16m @ 3.2% Cu from 26m 50m @ 1.1% Cu from 12m BM7 6 x 3km Cu mineral BM1-BM7system containing high grade Cu sulphide 5m @ 2.5% Cu from 388m* 140m @ 0.2% Cu from 144m (re
Slide 8: Untested Northern Copper Corridor Opens Up
Untested Northern Copper Corridor Opens Up Fishhook and Lookout Rocks Nifty Cu Telfer Au/Cu For personal use only (1981) (1972) Shallow sand cover with minimal previous exploration VTEM surveys completed 2013 & 2014 Lookout Rocks Lookout Rocks First diamond drill program at Millennium Zn Fis
Slide 9: New Greenfield Zinc Discovery at Millennium
For personal use only New Greenfield Zinc Discovery at Millennium… Large +3km long zinc system First order structural address at intersection of major NE and basin forming NW structure High grade mineralisation in early drilling Hampton Hill Mining (HHM) earning up to 25% by providing up to
Slide 10: Massive zinc sulphides intersected in early drilling
Massive zinc sulphides intersected in early drilling... For personal use only Brecciated and laminated massive zinc sulphide 0.7m @ 36.5% Zn Gossan zone from 408.9m to 419.2m in EPT2203 Gravity Image (refer ASX announcements 12 January 2015 & 13 December 2013) 10
Slide 11: Thick, Depth Extensive Zinc Gossan identified
For personal use only Thick, Depth Extensive Zinc Gossan identified… (refer ASX announcement 17 June 2015) 11
Slide 12: Zinc sulphides intersected along 3km trend
Zinc sulphides intersected along 3km trend... EPT 1854 (~430m) Brecciated and laminated For personal use only massive zinc sulphide 0.7m @ 36.5% Zn (HQ drill core) EPT2198 (~235.6m) Sphalerite (brown) and pyrite in brecciated carbonate 1.4m @ 10% Zn (core sample width approx. 50mm ) Gravity Image (r
Slide 13: RC and Diamond Drill Program to Commence Sept 2015
For personal use only RC and Diamond Drill Program to Commence Sept 2015 (refer ASX announcement 9 July 2015) 13
Slide 14: Yeneena - Australia's Next Great Mineral District?
Yeneena - Australia’s Next Great Mineral District? • Systematic frontier exploration to create enduring value For personal use only • Exposure to large scale copper and zinc exploration upside • Risk sharing at appropriate points to maximise return for ENR shareholders • Funding supplemented through
Slide 15: Disclaimer & Compliance Statement
Disclaimer & Compliance Statement This presentation has been prepared by Encounter Resources Limited (“Encounter”). The information contained in this presentation is a For personal use only professional opinion only and is given in good faith. Certain information in this document has been derived fr