Encounter Resources Limited · ASX:ENR
Encounter Resources — Investor Presentation (November 2018)
24 slides from Encounter Resources's investor presentation, November 2018
Slide 1: Leading Project Generators in WA
Leading Project Generators in WA Investor Update November 2018 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 information in this document has been derived from third parties and
Slide 3: Industry snapshot
Industry snapshot Few companies undertaking greenfields exploration for Tier 1 deposits in Australia Majors and mid-tier companies pursuing growth and restocking project pipelines “ Major, mid-tier, and intermediate mining companies, are now crowding back into the exploration space…all of a sudden,
Slide 4: The Encounter business model
The Encounter business model Project generation and exploration in world- Targeting Tier 1 multi-million ounce gold class mineral belts and major base metal discoveries in WA High quality projects and management Progress project pipeline with a mix of supported by mid-tiers and major producers allia
Slide 5: Encounter at a glance
Encounter at a glance Creating value through project generation and discovery Capital Structure ASX ticker ENR ▪ Targeting gold deposits with scale potential in Western Australia: Tanami, Paterson Province, Laverton Tectonic Zone Share price (09/11/2018) $0.043 Shares on issue 262M — Multiple, well
Slide 6: Scale opportunities in a first world jurisdiction
Scale opportunities in a first world jurisdiction Tanami and West Arunta Fast-tracking exploration via five joint ventures with Newcrest Tanami District +20moz Au Paterson Province – Copper-Cobalt New approach in a known Cu-Co district with Independence Group Paterson Province Paterson Province – Go
Slide 7: Board and Management
Board and Management Highly Experienced Board and Management Mr Paul Chapman Dr Jon Hronsky Non Executive Chairman Non Executive Director B.Comm, ACA, Grad. Dip. Tax, MAICD, MAusIMM BAppSci, PhD, MAusIMM, FSEG Mr Paul Chapman is a chartered accountant with over 30 years Dr. Hronsky has more than 30
Slide 8: Tanami and West Arunta
Tanami and West Arunta Major exploration portfolio in one of the world’s most prospective gold regions
Slide 9: Tanami and West Arunta – a major new exploration portfolio
Tanami and West Arunta – a major new exploration portfolio ▪ Five separate joint ventures with Newcrest Mining Limited (ASX:NCM) covering 4,400km2 of the Tanami Gold Province and West Arunta in WA ▪ Initially, each joint venture will be on a 50:50 basis Tanami District +20moz Au ▪ 100km of strike of
Slide 10: Selby, Watts, Lewis JVs with Newcrest
Selby, Watts, Lewis JVs with Newcrest 100km of strike along the Trans-Tanami structure Selby Joint Venture (1,534km2) including: ▪ Bandicoot – discrete 2km long magnetic anomaly with coincident gold/arsenic geochemical anomaly Watts JV ▪ Camel – 7.2m @ 3.1g/t Au from 95m in last drilling1 Selby JV W
Slide 11: Phillipson JV with Newcrest
Phillipson JV with Newcrest ▪ Genuine frontier first mover opportunity with significant scale ▪ Highly anomalous 63ppm Au anomaly ▪ Supporting multi-element anomalism – arsenic up to 90ppm, bismuth up to 2.9ppm and cobalt up to 13ppm ▪ No previous exploration 5km GSWA geology and regional 5km by 5km
Slide 12: Aileron JV with Newcrest
Aileron JV with Newcrest ▪ Large iron-oxide copper-gold (IOCG) target located in the West Arunta ▪ Discrete magnetic anomaly consistent with the scale of an Ernest Henry (Glencore) or Carrapateena (Oz Minerals) style system ▪ High amplitude, 400m diameter sub vertical modelled pipe-like body on a ma
Slide 13: Newcrest Project Generation Alliance
Newcrest Project Generation Alliance ▪ Project generation alliance with Australia’s largest gold mining company since July 2017 ▪ Newcrest will fund Encounter to generate new ‘camp scale’ gold exploration opportunities in Tanami and West Arunta of WA ▪ Key terms of the alliance include: — 50:50 join
Slide 14: Paterson Province
Paterson Province Proterozoic, sediment hosted Copper-Cobalt deposits Shallow Gold with scale potential near Telfer 14
Slide 15: A known region generating new discoveries
A known region generating new discoveries ▪ Why we have focused on the Paterson Province? — Proven fertility to produce major deposits — Large outcropping discoveries made in 1970s and 1980s at Nifty (Cu) and Telfer (Au) — Shallow sand cover inhibited previous explorers — Applying cutting edge under
Slide 16: A known region generating new discoveries
A known region generating new discoveries ▪ The Paterson Province is a proven mineral region with a consistent history of discoveries and with increasingly active majors ▪ Encounter holds exploration tenure over 1,400km² of the Paterson Province: — Central African Copperbelt analogue ▪ In November 2
Slide 17: Yeneena Copper-Cobalt Project – Paterson Province WA
Yeneena Copper-Cobalt Project – Paterson Province WA 14km long copper-cobalt system at BM1-BM71 ▪ BM1: Coherent zone of near surface copper oxide mineralisation. Best intersections include: — 10m @ 6.8% Cu from 32m* — 20m @ 2.0% Cu from 22m* — 8m @ 3.6% Cu from 18m* — 16m @ 3.2% Cu from 26m ▪ BM7: L
Slide 18: Yeneena Copper-Cobalt Project – Paterson Province WA
Yeneena Copper-Cobalt Project – Paterson Province WA Lookout Rocks – Zambian Copperbelt analogue Aria – IOCG style intrusion containing copper sulphides ▪ First diamond drill hole intersected zones of ▪ Significant regional 1.5km long oval shaped magnetic anomaly located disseminated copper minerali
Slide 19: Large scale gold system at Telfer West
Large scale gold system at Telfer West ▪ Encounter intersected broad, depth extensive, zone of stockwork style gold mineralisation1 ▪ The focus of future exploration will be north-west where this mineralised body remains open and untested 1Refer ASX announcements 19 January 2018, 5 September & 21 De
Slide 20: Laverton Tectonic Zone
Laverton Tectonic Zone Novel generative targeting in a world class gold district 20
Slide 21: Project Generation in Laverton Tectonic Zone
Project Generation in Laverton Tectonic Zone ▪ Nazare Project is located approximately 150km east-north-east of Kalgoorlie ▪ Large 900km2 area captures 40 strike kilometres of the Laverton Tectonic Zone ▪ Laverton Tectonic Zone is a prolific gold district that hosts major gold mines at Laverton (>2M
Slide 22: Exploration commenced at Nazare
Exploration commenced at Nazare ▪ Recent Bombora gold discovery1 by Apollo Consolidated Limited (ASX:AOP) ▪ Initial exploration will focus on priority structural intersections identified in the regional magnetic surveys in areas of shallow cover with no prior gold exploration ▪ Innovative new CSIRO
Slide 23: A Leading Project Generator
A Leading Project Generator New ideas, data and technology Filtering and progressing targets Aggressive 2019 exploration programs Generating and effectively Advancing earlier stage targets to Collaborating with high quality evaluating new projects determine scale and potential partners to make new d
Slide 24: Investment proposition
Investment proposition Few companies undertaking greenfields exploration for Tier 1 deposits in Australia Majors and mid-tier companies pursuing “ We want Encounter at the forefront of finding the next generation of Tier 1 mineral ” growth and restocking project pipelines deposits in Australia. Will
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