Slide 1: Copper Discovery
For personal use only Copper Discovery July 2010 ASX : ENR 1
Slide 2: Corporate Information
For personal use only Corporate Information 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: 79.2m Ordinary Shares (Top 20 ‐ 71%) 2.8m Employee Options Mark
Slide 3: Company Snapshot – Diversified Explorer
For personal use only Company Snapshot – Diversified Explorer • Drilling for “Major New Discoveries” • Experienced & dedicated management 3
Slide 4: Yeneena Project – Paterson Province (WA)
For personal use only Yeneena Project – Paterson Province (WA) • Major land position in highly endowed mineral belt, now 100% owned (1300 km2) • Multiple commodity targets • Good infrastructure • Potential new copper province • High grade zinc & manganese drill intersections • Major aircore and RC d
Slide 5: Major land position amongst giant mineral deposits
Major land position amongst giant mineral deposits For personal use only 5
Slide 6: BM1 Copper Discovery Timeline
For personal use only BM1 Copper Discovery Timeline • 2007/08 – Identified regional significance of the McKay Fault which extends to the Nifty copper mine 60km north • June 2009 ‐ Three broad spaced aircore drill traverses intersected highly anomalous copper • Oct 2009 ‐ Diamond program identified a
Slide 7: BM1 Discovery Hole
BM1 Discovery Hole For personal use only EPT 220 ‐ 8m @ 1.09% copper from 24m EPT 220 : 29‐30m 2.8% copper 7
Slide 8: BM1 Copper Discovery
BM1 Copper Discovery For personal use only • Aircore drilling discovered high grade, shallow copper mineralisation • 4m @ 5.45% copper from 66m • 8m @ 1.09% copper from 24m • 6m @ 1.41% copper from 54m to EOH • Copper regolith anomaly extends over 3km • Mineralisation remains open to the north, sout
Slide 9: BM1 Section A – A’
For personal use only BM1 Section A – A’ 9
Slide 10: BM1 Section B – B’
For personal use only BM1 Section B – B’ 10
Slide 11: Nifty Copper Deposit Pre-mined resource figures
For personal use only Nifty Copper Deposit Pre‐mined resource figures 11
Slide 12: Copper Resources in WA
For personal use only Copper Resources in WA Sources: GSWA 2008 resource data Contained copper remaining in resource and company resource statements 12
Slide 13: Global copper resource grade
For personal use only Global copper resource grade Copper Grade (%) 4.0% in 1900 Estimate 1.07% in 2010 Note: Rise in ore grade in Australia from 1972 onwards is due to Sources: USGS, Mudd (2009) Richard Schodde (2010) startup of the high‐grade Olympic Dam mine Brook Hunt, UBS MinEx Consulting 13
Slide 14: Yeneena Project - The Immediate Focus
For personal use only Yeneena Project ‐ The Immediate Focus 14
Slide 15: The Next Months – Yeneena Project
For personal use only The Next 6 Months ‐ Yeneena Project May Jun Jul Aug Sep Oct Nov 4m @ 5.45% Cu AC and RC Drilling (Cu & Mn) BM1, BM2, MN1, MN2 Diamond Drilling (Zn) BM5 Assaying Aircore RC, Diamond Ground Geophysics Gravity Aircore Drilling (8000m) BM1 Follow up RC Drilling (2000m) BM1 Assaying
Slide 16: Disclaimer & Compliance Statement
For personal use only Disclaimer & 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 fr