Slide 1: Greenfields Copper Discovery in WA
For personal use only ASX : ENR Greenfields Copper Discovery in WA RIU Explorers Conference 22 ‐ 23 February 2011 1
Slide 2: Corporate Information
Corporate Information For personal use only 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: 99.1m Ordinary Shares 6 8 Employee 6.8m E l O Options ti Market
Slide 3: Company Snapshot – Diversified Explorer
Company Snapshot – Diversified Explorer For personal use only Copper Manganese Zinc Uranium High grade discovery at BM1 Near surface Assays up to 28% 11 million lbs +20% Mn Zn, 2.3% Pb, near surface U3O8 Potential new copper province Multiple targets 34g/t Ag Inferred Resource • Exploring for “Major
Slide 4: Yeneena Project – Paterson Province (WA)
Yeneena Project – Paterson Province (WA) For personal use only • Major land position in highly endowed mineral belt, now 100% owned (1300 km2) • 100% ownership • Multiple commodity targets • Good infrastructure • Potential new copper province 4
Slide 5: Major land position amongst giant mineral deposits
Major land position amongst giant mineral deposits For personal use only …potential pote t a for fo multiple u t p e copper coppe deposits depos ts under u de sand sa d cover co e 5
Slide 6: Yeneena Project – Road to BM1
Yeneena Project – Road to BM1 For personal use only 6
Slide 7: BM1 Discovery Hole
BM1 Discovery Hole For personal use only EPT 220 8m @ 1.1% copper from 24m EPT 220 29‐30m 2 8% copper 2.8% 7
Slide 8: BM1 Copper Discovery
BM1 Copper Discovery For personal use only • Multiple thick, near surface intersections grading over 1% copper Cross Section A-A’ • Copper system +3.5km long and open 1km • Coherent zones of secondary near surface copper mineralisation • 20m @ 2.0% Cu from 22m (incl. 12m @ 3.2% Cu) • 12m @ 1.5% Cu f
Slide 9: BM1 Copper Discovery
BM1 Copper pp Discoveryy For personal use only NORTHERN AREA CENTRAL AREA Regolith g copper pp mineralisation at +0.1% Cu and 3D ggravityy shells at 0.5mg, g 0.75mgg and 1mgg
Slide 10: BM1 – Northern Area Cross Section
BM1 – Northern Area Cross Section 368,400m 368,600m 368,800m 368,400m 369,000m For personal use only mE mE mE mE369,000mE 368,400mE A A’ Base of Oxidation 300mRL 66m 66m 69m 70m 72m 77m 80m 88m 83m 90m 100m 111m 100mRL Airborne AirborneEM EMLayered LayeredEarth EarthInversion Inversion(LEI) (LEI)sou
Slide 11: BM1 – Northern Area AEM Section
BM1 – Northern Area AEM Section 368,400m 368,600m 368,800m 369,000m For personal use only mE mE mE mE369,000mE 368,400mE A A’ Base of Oxidation 300mRL 66m 66m 69m 70m 72m 77m 80m 88m 83m 90m 100m 111m 100mRL Airborne EM Layered Earth Inversion (LEI) sourced from Geoscience Australia
Slide 12: Nifty Copper Deposit
Nifty Copper Deposit For personal use only Shallow aircore drilling identified broad zone of copper oxides 200m 12
Slide 13: Major land position amongst giant mineral deposits
Major land position amongst giant mineral deposits For personal use only …potential pote t a for fo multiple u t p e copper coppe deposits depos ts under u de sand sa d cover co e 13
Slide 14: BM2 – Second Copper System
BM2 – Second Copper System For personal use only • Shallow drilling has confirmed a mineralised copper system • Extensive copper regolith enrichment continuous over a large area • Several of the shallow holes terminated in anomalous copper • 30m @ 0.14% 0 14% Cu from 42m to end of hole including 2m
Slide 15: The Next Months
The Next 5 Months For personal use only 2011 Feb Mar Apr May Jun Interp. /Drill planning/Recruitment Site Mobilisation BM1 ‐ aircore/RC drill program for additional near surface copper (3000m) BM1 diamond program testing multiple targets for primary copper (5000m) BM2 follow up aircore/RC program (4
Slide 16: Yeneena Copper Discovery
Yeneena Copper Discovery For personal use only • New greenfield copper discovery made in 2010 • Early stage indications of a potential new copper province High drilling success rate Large mineralisation footprints Thick high grade intersections Thick, • Land position secured (1300km2 , 100% ow
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