Encounter Resources Limited · ASX:ENR
Encounter Resources — RIU Explorers Conference 2024
22 slides from Encounter Resources's conference presentation, Feb 13, 2024
Slide 1: RIU Explorers Conference February 2024
For personal use only RIU Explorers Conference February 2024 Building shareholder value through the discovery of copper and critical minerals in Australia ASX:ENR Sandover diamond drilling – November 2023 1
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 information in this document has been derived from third parties and
Slide 3: Encounter at a glance
Encounter at a glance Creating value through project generation and discovery For personal use only Capital structure Board of Directors ASX ticker ENR Share price (12/02/2024) $0.25 Shares on issue 402M Options 19M Mr Will Robinson Dr Jon Hronsky OAM Mr Peter Bewick Mr Philip Crutchfield Market cap
Slide 4: A premier exploration portfolio
A premier exploration portfolio Early mover positions into world-class and emerging minerals belts attracting Tier 1 partners For personal use only Aileron - West Arunta Niobium/REE/Copper Greater McArthur Lamil Superbasin Copper Copper/Gold Paterson Province Jessica & Carrara Copper Copper/Zinc San
Slide 5: The Encounter business model
The Encounter business model Foundations of a leading Australian minerals exploration company For personal use only Targeting the Significant and Early mover into Collaborating with discovery of new, consistent in-ground new regions with high-quality world-class mineral exploration the application o
Slide 6: Copper and critical mineral focus
Copper and critical mineral focus Exploring for commodities highly leveraged to growth and the energy transition For personal use only Cu Nb REE Copper Niobium Rare Earth Elements The most important metal for the A micro alloy for lighter, stronger and Used across critical technology, global energy
Slide 7: Aileron, West Arunta
For personal use only Aileron, West Arunta (ENR 100%) Carbonatite-hosted niobium/REE and IOCG copper Aileron field camp - September 2023 7
Slide 8: Aileron Project – West Arunta
Aileron Project – West Arunta New niobium-REE discoveries in the region that hosts the Luni discovery of WA1 Resources Ltd (ASX:WA1) For personal use only Aileron Cu-REE project – Magnetics (RTP) Refer to ASX announcement 8 December 2022 8
Slide 9: Aileron Project – Southern Targets
Aileron Project – Southern Targets Shallow, high-grade niobium-REE mineralisation at Emily has positive implications for Green and Joyce For personal use only Aileron RTP magnetics with targets Emily, Green and Joyce low magnetic, circular interpreted intrusive features at intersections of major reg
Slide 10: Emily - Shallow, high-grade niobium-REE mineralisation
Emily - Shallow, high-grade niobium-REE mineralisation Geophysical target for further shallow, high grade mineralisation in closer spaced drilling For personal use only • 12m @ 2.3% Nb2O5 & 0.85% TREO from 54m in EAL098 part of 130m @ 0.7% Nb2O5 & 0.23% TREO from 50m to end of hole • 32m @ 1.0% Nb2O
Slide 11: Aileron Project – Northern Targets
Aileron Project – Northern Targets New mineralised niobium-REE carbonatites discovered at Crean and Hurley in the first phase of drilling Crean For personal use only • Large & depth extensive carbonatite • High grade, near surface niobium- REE mineralisation intersected A’ Hurley • Mineralised carbo
Slide 12: Aileron Project – Crean target
Aileron Project – Crean target First drill program intersected high grade, near surface and depth extensive niobium-REE mineralisation For personal use only EAL007 Niobium-REE carbonatite 68-71.7m (part of 18.7m @ 1.0% Nb2O5 from 65m) EAL007 Niobium-REE carbonatite 211.6-215.3m (part of 4.9m @ 2.2%
Slide 13: Aileron Project – Hurley target
Aileron Project – Hurley target Large scale, depth extensive carbonatite that remains open For personal use only • Coincident magnetic-gravity anomaly 3km east of the Crean carbonatite • Drilling intersected predominantly fresh niobium-REE mineralisation over 1km in strike • Depth extensive minerali
Slide 14: Aileron Project – Untested Eastern Targets
Aileron Project – Untested Eastern Targets Falcon airborne gravity survey defines a suite of new, large-scale carbonatite and IOCG targets • Significant gravity anomalies (up to ~6 mGal) identified in the eastern part of Aileron For personal use only • Potential alkaline/carbonatite intrusions or he
Slide 15: Aileron Project – what's coming up
Aileron Project – what’s coming up…. Integration and interpretation of 2023 RC/diamond drill results Feb – Mar 24 For personal use only Evaluation of soil geochemical sampling trials Feb – Mar 24 Preliminary metallurgical characterisation of Crean carbonatite Feb – Mar 24 Heritage survey to facilita
Slide 16: Farm-In Projects
For personal use only Farm-In Projects Large, funded exploration programs targeting Tier 1 discoveries with majors Diamond drilling at Jessica copper project August 2023 16
Slide 17: NT: a globally significant copper opportunity
NT: a globally significant copper opportunity Major exploration programs targeting Tier 1 discoveries in new untested areas • New Government data has transformed the exploration For personal use only potential of the Northern Territory • Highly prospective for sedimentary hosted copper-zinc deposits
Slide 18: Jessica Copper & Carrara Copper-Zinc Projects
Jessica Copper & Carrara Copper-Zinc Projects First diamond drilling completed under the South32 farm-in agreements • NDI Carrara-1 established the presence of zinc, For personal use only lead and copper at Carrara • Near surface copper oxide (malachite) in rock chips from prior water bore drilling
Slide 19: Jessica Copper Project
Jessica Copper Project Copper sulphides intersected in the first drilling of the Zeta IOCG target • Coincident magnetic-gravity anomaly For personal use only Z23DD002 – Chalcopyrite in quartz-carbonate veins • Adjacent to a regionally significant deep (3.2m estimated 0.25% chalcopyrite from 664.55m)
Slide 20: 100% ENR Projects
100% ENR Projects Aileron Niobium-REE-Copper Project – WA Four mineralised carbonatites discovered in 2023 reconnaissance drilling For personal use only Large program of aircore/RC (~20,000m) and diamond drilling in 2024 Sandover Copper Project - NT Outcropping shale units that contain copper mapped
Slide 21: About Encounter
About Encounter One of Australia’s leading mineral explorers advancing ambitious projects in emerging new provinces For personal use only An exceptionally high discovery rate in a new critical minerals province in the West Arunta Upcoming West Arunta program has transformational potential from both
Slide 22: Contact
Contact For personal use only Telephone: +61 8 9486 9455 Website: www.enrl.com.au Email: contact@enrl.com.au Suite 2, 1 Alvan Street Subiaco WA 6008 ASX: ENR 22