Slide 1: AMEC Convention
For personal use only AMEC Convention 24th June 2015 ASX : ENR
Slide 2: Corporate Information
Corporate Information Board For personal use only Paul Chapman - Chairman Will Robinson - Managing Director Peter Bewick - Exploration Director Jon Hronsky - Non-Executive Director Kevin Hart / Dan Travers - Company Sec. Issued Capital 134.5m Ordinary Shares 7.4m Employee Options Market Cap. A$27m @
Slide 3: Creating Value Through Greenfield Exploration
Creating Value Through Greenfield Exploration… For personal use only 3
Slide 4: …in a New Search Space
…in a New Search Space… For personal use only Sand covered mineral belt with 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 • Millenn
Slide 5: …in a Region that Produces Big Deposits
…in a Region that Produces Big Deposits… Nifty Cu Telfer Au/Cu For personal use only (1981) (1972) Northern Cu Corridor Opens • Visible blebs Cu sulphide - first ever drilling • Central-African copper belt setting • Key ground position secured (100% ENR) Yeneena Project Lookout Rocks Millennium Zn (
Slide 6: …in the Right Commodities – Copper and Zinc
…in the Right Commodities – Copper and Zinc “The outlook for copper demand remains compelling as emerging economies transition to consumption-led growth. Beyond 2018, a For personal use only significant deficit is expected to emerge’’ - Mike Henry, President, HSE, Marketing & Technology – Nov 2014 F
Slide 7: BM1 / BM7 – Copper Prospect
BM1 / BM7 – Copper Prospect 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 system • Large scale Cu system containing high grade Cu sulphide >14km long 5m @ 2.5% Cu from 388m*
Slide 8: Untested Northern Copper Corridor Opens Up
Untested Northern Copper Corridor Opens Up Telfer Au/Cu • Fishhook and Nifty Cu For personal use only (1981) (1972) Lookout Rocks • Shallow sand cover with minimal previous exploration • VTEM surveys completed 2013 & Lookout Rocks Millennium Zn 2014 (2014) Fishhook • First diamond drill program - co
Slide 9: Large Scale Zinc Opportunity at Millennium
Large Scale Zinc Opportunity at Millennium… Nifty Cu Telfer Au/Cu For personal use only (1981) (1972) • Large +3km long zinc system • First order structural address at intersection of major NE and basin Lookout Rocks forming NW structure Millennium Zn (2014) • High grade Fishhook mineralisation in e
Slide 10: Diamond Drilling in Progress
Diamond Drilling in Progress... For personal use only Brecciated and laminated massive zinc sulphide 0.7m @ 36.5% Zn Gravity Image Gossan zone from 408.9m to 419.2m in EPT2203 (refer ASX announcements 12 January 2015 & 17 June 2015) 10
Slide 11: Iron Rich Gossan Containing Anomalous Zinc
Iron Rich Gossan Containing Anomalous Zinc... For personal use only (refer ASX announcement 17 June 2015) 11
Slide 12: Summary: Yeneena – Australia's Next Great Mineral District?
SUMMARY Yeneena – Australia’s Next Great Mineral District? For personal use only • Systematic frontier exploration to create enduring value • Exposure to large scale copper and zinc exploration upside • Risk sharing at appropriate points to maximise return for ENR shareholders • Funding supplemented
Slide 13: 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