Encounter Resources Limited · ASX:ENR
Encounter Resources — Mining the Territory Conference 2021
18 slides from Encounter Resources's conference presentation, Oct 28, 2021
Slide 1: Mining the Territory Conference: Sediment-hosted Copper
For personal use only Mining the Territory Conference Darwin, NT 27-28 October 2021 Sediment-hosted Copper Exceptional leverage to the premium front end of the copper value chain ASX: ENR
Slide 2: Disclaimer and compliance statement
Disclaimer and compliance statement 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 For personal use only information in this document has been derived
Slide 3: The Encounter business model
PROJECT GENERATOR Progress a project pipeline with a mix of alliances, joint ventures For personal use only and sole funding The TIER 1 TARGETS Project generation and exploration targeting major gold and base Encounter metal discoveries in world-class mineral belts business HIGH QUALITY PARTNERS Par
Slide 4: Encounter at a glance
Creating value through project generation and discovery Encounter at a glance For personal use only Capital structure Share price – 12 months ASX ticker ENR $0.35 6,000,000 Share price (22/10/2021) $0.22 $0.30 5,000,000 Shares on issue 316M $0.25 4,000,000 Options 17M $0.20 Market capitalisation ~$7
Slide 5: A premier copper exploration portfolio
A premier copper exploration portfolio Early mover positions in world-class minerals belts attracting tier 1 partners For personal use only Paterson Province Northern Territory Copper Copper-Gold New Cu-Au System West Arunta Elliott ▪ Elliott Copper (BHP $25m earn in) Northern Territory 25km NW of T
Slide 6: Northern Territory: the next hot spot for copper in Australia
For personal use only Northern Territory The next hot spot for copper in Australia Elliott – Standout copper in groundwater anomaly earn in First mover camp scale copper projects ENR 100% 6
Slide 7: Major Proterozoic basins of Australia
Major Proterozoic basins of Australia ▪ Central Australia contains two of the largest For personal use only Centralian Superbasin Proterozoic sedimentary basins in the world ▪ Known regions for large scale, sediment hosted base metal mineralisation ▪ Significant deposits including Mt Isa, Century, M
Slide 8: Sedimentary deposits: one of the fastest growing sources of high grade copper
Sedimentary deposits are one of the world’s fastest growing sources of high grade copper For personal use only Sediment- hosted copper: the mineral system (Hitzman et al., 2010) Example of sediment-hosted copper deposit – Ivanhoe Mines Kamoa/Kakula 1 Indicated Mineral Resource (at 1% total copper cu
Slide 9: Sediment-hosted copper: key ingredients
Sediment-hosted copper: key ingredients For personal use only EXPLORING DISCOVERY ELEMENTS NT SCORECARD FOR THE FUTURE DATA Source rocks Size of sedimentary basin and sub-basin ✓ EXPLORATION FOCUS Brines Bitten brines vs evaporites or both? ✓ Grabens form a natural containment for dense Gravity, Sea
Slide 10: Northern Territory: the next hot spot for copper in Australia
Northern Territory: the next hot spot for copper in Australia ▪ Highly prospective, vastly underexplored For personal use only region under shallow cover ▪ Located between the major copper-gold producing districts of Mt Isa and Tennant Creek ▪ Transformational investment in pre-competitive data by G
Slide 11: Elliott Copper Project
Elliott Copper Project For personal use only ▪ BHP (ASX:BHP) earn-in and joint venture agreement covering the 7,200km2 Elliott Copper Project ▪ BHP may earn up to a 75% interest in Elliott by spending up to $25 million over 10 years ▪ Compelling exploration opportunity in the vastly underexplored Gr
Slide 12: NTGS core library – Darwin
For personal use only NTGS core library – Darwin 12 12
Slide 13: Jessica and Carrara: copper near surface and at depth
Jessica and Carrara: copper near surface and at depth For personal use only Copper Carbonate (Malachite) 0-3m from RN28419 – chemical assay 1.5% Cu 1 Chalcopyrite contained in a calcareous shale unit within NDI Carrara1 ~1,617m 4 Crosswinds Copper Prospect - Malachite (copper Drill hole NDIBK04 pyri
Slide 14: Carrara: prospective basin architecture
Carrara: prospective basin architecture For personal use only Correlation of prospective stratigraphic units from the Isa Super Basin into the Carrara Sub-basin indicates the Mount Isa Province extends to the west Carrara Chalcopyrite (Cu sulphide) contained in a calcareous shale unit Carrara Sphale
Slide 15: Sandover Copper Project
Sandover Copper Project For personal use only ▪ 170km north-east of Alice Springs ▪ Zambian copper belt analogous ▪ Targeting the Neoproterozoic basal Georgina Basin sediments ▪ +20km of outcropping Malachite in the Neoproterozoic Central Mt Stuart Formation 15
Slide 16: Sandover: outcropping malachite shows system is active
Sandover: outcropping malachite shows system is active ▪ Key elements of a sediment-hosted For personal use only copper system present — Juxtaposition with crystalline basement — Evaporites — Reduced stratigraphic units to trap copper brines 16 NTGS Kruse et al, 2013
Slide 17: Upcoming copper exploration activity in the NT
Upcoming copper exploration activity in the NT For personal use only Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Seismic Aircore Diamond Jessica Gravity survey reprocessing drilling Drilling Seismic Infill Gravity Diamond Carrara Gravity survey reprocessing as required Drilling Mapping Sandover Geophysi
Slide 18: NT Sediment-hosted copper summary
NT Sediment-hosted copper summary For personal use only ✓ The Proterozoic sedimentary basins of the NT exhibit all the key ingredients required for the formation of giant sediment-hosted copper deposits ✓ A transformational investment through Geoscience Australia and the NTGS has provided a thorough
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