Enterprise Metals Limited · ASX:ENT
Enterprise Metals — Investor Presentation (June 2009)
29 slides from Enterprise Metals's investor presentation, Jun 12, 2009
Slide 1: Presentation to Investors
ACN: 123 567 073 Presentation to Investors 12 June 2009
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 other public announcements and reports (including financial report
Slide 3: Increase Shareholder Value
“Increase Shareholder Value…..” How: Discovery and/or acquisition under safe title of large & highly profitable World Class Mineral Deposits
Slide 4: Issued Capital and Options
Issued Capital: 75.8765 M shares* Options: 2.0 M @ 25 cents (31/12/09) 3.0 M @ 25 cents (22/11/12) 2.5 M @ 50 cents (30/06/13) Share price (close 5 June 2009): $0.185 Market Capitalisation: $14.0 million Cash at bank: $1.7 million @ 31 March 2008 * 15.225M shares coming out of Escrow on 20 June 2009
Slide 5: Strong Management Team
STRONG MANAGEMENT TEAM Paul Larsen ‐ Non Executive Chairman ¾ Successful private company director ¾ 26 years experience in construction, management & major projects Dermot Ryan ‐ Managing Director FAusIMM, CP (Geo) ¾ Geologist with 33 years multi‐commodity experience ¾ 20 years CRA Ltd inc. 10 years
Slide 6: Exploration Expertise
EXPLORATION EXPERTISE “contracted, available on demand” GEOLOGISTS GEOPHYSICISTS ¾ Bill Robertson ¾ Neil Provins ¾ Geoff Garton ¾ Hugh Bunge ¾ Vic Williams ¾ Mike Kammermann DATABASE/GIS SPECIALISTS ¾ Peter Litic ¾ Frank Doedens ¾ Brett Scott
Slide 7: Projects by Commodity
Gold Iron Ore Revere Sylvania Darlot Earaheedy Wattagee Fraser Range Yalgoo Uranium Base Metals Maitland Revere (Cu/Au) Lake Mason Eucla (Cu/Au?) Darlot Sylvania
Slide 8: Geology Targets
(100%) Geology Targets Target: Sediment hosted stratiform Cu/Au deposit or stockwork Au deposit Intracratonic Proterozoic sedimentary basin Thin Proterozoic sedimentary sequences onlapping Archaean granite/greenstones Geochemical/structural/geophysical targets identified for further IP and dri
Slide 9: Sandfire Degrussa drill results
(100%) Sandfire Resources Ltd Degrussa drill results indicate leached cap & Au/Cu enrichment blanket
Slide 10: IP lines completed
3 Lines of IP completed. Conductors and chargeability anomalies detected coincident with magnetic & Cu/Au geochemical targets. Resistivity anomalies coincident with Au in quartz veins. Deep weathering to 75 metres (& leaching of copper?) Further IP, and RC drilling, planned.
Slide 11: Planned RC holes
Line 2 Conductor, Massive sulphide Cu (Au) Target. Disseminated target to west. Line 3 Conductors, Massive sulphide Cu (Au) Targets. Disseminated target to west. Planned RC holes in purple
Slide 12: Gold and Base Metal targets
(100% *) Gold and Base Metal targets Historic Gold drilling results on magnetics Excellent gold/base metal targets based on previous RAB drilling & structural interpretation * one tenement 80% owned Favourable stratigraphy, under-drilled IP in progress at Griffin Well
Slide 13: Griffin Well gold target
Griffin Well gold target Griffin Well IP Lines on Magnetics 1 Km Target: Structurally controlled orogenic gold deposit Historical drilling with limited follow up Oblique mineralised structure not fully tested Deep RC drilling required 3 Line IP survey underway (in yellow)
Slide 14: Popes Patch gold target
Popes Patch gold target Popes Patch cross section Historical drilling with limited follow up 1,500m x 1,500m gold system Excellent gold targets based on structure/ RAB IP surveys required
Slide 15: Geology Magnetics and Prospects
(100%) Geology Magnetics and Prospects Targets: Archaean orogenic Au deposit & VMS Cu/Zn deposits Covers 143 km2 prospective Archaean greenstone & felsic volcanics “Big Bell” style conceptual targets for gold along Cuddingwarra Shear Historical RC results encouraging, eg. 4m @ 17.9g/t Au from
Slide 16: Magnetics and Prospects
Magnetics and Prospects AM 14 Base metal prospect Historical RC results encouraging eg. 3m @ 7.5% Zn, Geophysics (IP) and RC drilling required. (POW submitted)
Slide 17: Calcrete hosted uranium deposits
Calcrete hosted uranium deposits Soluble Uranium sourced from granites Uranium (carnotite) precipitated in calcrete over greenstone belts after addition of Ca and V.
Slide 18: Yilgarn Uranium Resources & Projects
Yilgarn Uranium Resources & Projects Alluvial Plain ele Interfluve Channel Pediment LEGEND Granit HB Uranium Mineralisation sp oat L__] Calcrete L_] Alluvium [J Silcrete/Laterite [I Kaolinite Zone Greenstone Mafic/Ultra mafic ; Weathered Greenstone Calcrete Uranium Deposits [__] Granite Schematic Cr
Slide 19: Calcrete hosted uranium, Yeelirrie style
(70%, uranium only) Geology Uranium Channel Target: Calcrete hosted uranium, “Yeelirrie style” 70% interest in “Uranium only” joint venture with Mark Creasy Covers part of Lake Maitland channel over Yandal greenstone belt Lies immediately west of Mega Uranium’s known calcrete deposit Little
Slide 20: Enterprise's Maitland target
Enterprise’s Maitland target, +250ppm U3O8 2 Km Reconnaissance aircore drilling by Enterprise west of Mega Uranium’s calcrete deposit 5km long Core Zone of +200ppm uranium Infill drilling required.
Slide 21: Calcrete hosted uranium, Lake Darlot
(100%) Target: Calcrete hosted uranium , “Yeelirrie style” Downstream from BHPB’s Yeelirrie, 52,500t U3O8 Strong evidence in GSWA radiometric data Little previous drilling on Lake Darlot itself Enterprise soil sampling – max 164ppm U
Slide 22: Hamersley style hematite iron target
(100%) Geology Magnetics Target: Proterozoic sediments - hematite iron deposit, “Hamersley style” Recent drilling in adjacent tenement by iron ore major in Brockman Iron Formation
Slide 23: Unconformity/shear hosted uranium target
RGB Radiometrics Uranium Channel Target: Unconformity/shear hosted uranium deposit Uranium occurrences at unconformity, overlying Sylvania Dome granite Strong airborne radiometric response associated with unconformity Previous work by CRA/PNC - max 0.52% U3O8 in calcrete
Slide 24: Channel Iron Deposit target
(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, early stage
Slide 25: Magmatic Titaniferous Iron target
(100%) Geology Magnetics Target: Magmatic Titaniferous Iron Deposit in Proterozoic metamorphic rocks Also potential for shear hosted Gold deposits (cf Tropicana) , Ni/Cu – PGE’s & Base Metals Tenements still in application, early stages
Slide 26: Magnetics Titaniferous magnetite
Magnetics Titaniferous magnetite Aeromagnetics define 7,000m long anomaly: 3,500m on Company tenement Rock chips by previous explorers: max 38% TiO2 Tenements still in application, early stages
Slide 27: Airborne magnetic targets near Fraser Range
Large, discrete & intense airborne magnetic targets identified in DMP regional airborne survey data, 100 km ESE of Fraser Range at Balladonia Targets along major NE‐SW corridor on margin of Eucla Basin Potential for major iron oxide or iron sulphide (pyrrhotite) accumulations (base metal poten
Slide 28: Small opportunities are often the beginning of great enterprises
“Small opportunities are often the beginning of great ENTERPRISES” Demosthenes (384BC-322BC)
Slide 29: Reporting of Exploration Results
Reporting of Exploration Results 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 Company and a geolog
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