Slide 1: Greenfields Copper Discovery in WA
ASX : ENR For personal use only Greenfields Copper Discovery in WA RIU Explorers Conference 22 February 2012
Slide 2: Agenda
Agenda For personal use only Company Overview Project Summary Copper Discoveries 2010-11 • BM1 • BM7 Yeneena Project • T4 New Copper Province? 2
Slide 3: Corporate Information
Corporate Information For personal use only Board Board Paul Chapman - Chairman Will Robinson - Managing Director Peter Bewick - Exploration Director Jon Hronsky - Non-Executive Director Kevin Hart / Dan Travers - Company Sec. Issued Capital: Issued Capital 114.2m* Ordinary Shares 7.5m Employee Opti
Slide 4: Sand cover has inhibited previous exploration
For personal use only Sand cover has inhibited previous exploration
Slide 5: Major land position amongst giant mineral deposits
Major land position amongst giant mineral deposits For personal use only 5
Slide 6: Milestones in 2011 …
Milestones in 2011 … June July August For personal use only BM1 BM2 T4 First diamond hole: 188m @ 0.35% Zn Disseminated chalcopyrite & 10m @ 6.8% Cu bornite in altered Oxide & supergene metamorphics - 0.8% Cu October December BM1 BM7 First diamond hole: Stringer and First copper sulphides disseminat
Slide 7: BM1 Copper Discovery
BM1 Copper Discovery Up to 1.4% Cu in aircore reconnaissance drilling For personal use only • Multiple thick, near surface copper oxide intersections grading over 1% Cu • Copper system +8km long and open • BM1 Northern Area - coherent zones of near surface copper mineralisation 6km • 10m @ 6.8% Cu f
Slide 8: BM7 Prospect
BM7 Prospect For personal use only • Major new copper regolith anomaly • Extending over 3.5km along key regional north-east trending structure (the Queen Fault) • First diamond drill hole • 274m @ 0.12% copper and 174ppm cobalt • Alteration and mineralisation interpreted as marginal to a major sedim
Slide 9: BM7 Prospect – First Diamond Hole
BM7 Prospect – First Diamond Hole 274m zone containing Cu sulphides from trace levels to pervasive disseminations For personal use only EPT1109 Stringer and disseminated chalcopyrite (305m) 9
Slide 10: Major land position amongst giant mineral deposits
Major land position amongst giant mineral deposits For personal use only 10
Slide 11: Yeneena Project – T4 prospect
Yeneena Project – T4 prospect T4 For personal use only Located 30km north-east of the BM1 Discovery 11
Slide 12: T4 – Major Copper Prospect
T4 – Major Copper Prospect For personal use only Electromagnetics Magnetics Gravity EPT801 EPT801 EPT801 – Copper Sulphides Intersected 12
Slide 13: T4 - Diamond Drilling
T4 - Diamond Drilling 1cm Chalcopyrite For personal use only • Stratigraphic hole intersected disseminated copper sulphides including 0.9m @ 0.84% Cu • Drilling located at the southern end of a +4km long gravity & magnetic anomaly • New style of copper mineralisation in an unexplored Bornite region
Slide 14: Yeneena Copper Discovery Timeline
Yeneena Copper Discovery Timeline For personal use only 2012 Objectives Large scale, high grade copper sulphide discovery 2011 at BM1, BM7 Discovery of copper Drill testing of large scale sulphides at BM1 & T4 T4 copper prospect New copper oxide Follow up base metal 2010 discoveries at BM6 & discove
Slide 15: Paterson Province…a sand covered African Cu Belt?
Paterson Province…a sand covered African Cu Belt? 18 For personal use only 16 Central African Copper Deposits Paterson Province WA (Endowment - 150MT Copper) (Endowment - 2.3MT Copper) 14 Major Proterozoic sedimentary basins overlying Paleo Proterozoic basement Stratigraphic package of sandstones, c
Slide 16: Yeneena Copper Discovery
Yeneena Copper Discovery For personal use only • New greenfields copper discovery made in 2010 • Base metal sulphides discovered at four prospects in 2011 • Early stage indications of a potential new copper province High drilling success rate Large mineralisation footprints Thick, high grade i
Slide 17: Disclaimer & Compliance Statement
Disclaimer & Compliance Statement For personal use only This presentation has been prepared by Encounter Resources Limited (“Encounter”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived fr