Encounter Resources Limited · ASX:ENR
Encounter Resources — RIU Explorers Conference 2021
21 slides from Encounter Resources's conference presentation, Feb 16, 2021
Slide 1: RIU Explorers Conference February 2021
For personal use only RIU Explorers Conference February 2021 Copper - Gold in Australia: Collaborating with high quality partners to make new discoveries 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 For personal use only information in this document has been derived
Slide 3: Project generator model
PROJECT GENERATOR MODEL Progress project pipeline with a mix of alliances, joint ventures For personal use only and sole funding The TIER 1 TARGETS Project generation and exploration targeting major gold and base Encounter metal discoveries in world-class mineral belts business HIGH QUALITY PARTNERS
Slide 4: Encounter at a glance
Creating value through project generation and discovery Encounter at a glance For personal use only Capital structure Share price – 12 months ASX ticker ENR 2,500,000.00 $0.35 Share price (15/02/2021) $0.14 $0.30 2,000,000.00 $0.25 Shares on issue 314M 1,500,000.00 $0.20 Options 17M 1,000,000.00 $0.
Slide 5: A premier copper and gold exploration portfolio
Early mover positions in world-class minerals belts attracting world-class partners A premier copper and gold exploration portfolio For personal use only Paterson Province - WA Paterson Province Gold-Copper Tanami ▪ Lamil (ENR 100%) Drill ready gold targets Belt scale gold Northern Territory ▪ Yenee
Slide 6: Paterson Province – WA
For personal use only Paterson Province – WA Australia’s hottest copper address ▪ Lamil – 5km long Cu-Au system ENR 100% ▪ Yeneena – Copper/cobalt targets Earn-in 6
Slide 7: Paterson Province: drill ready gold targets at Lamil
Paterson Province: drill ready gold targets at Lamil ▪ 100% ENR – located 25km NW of Telfer For personal use only ▪ Dune Prospect - primary copper-gold mineralisation over 800m and open: — 4m @ 7.1g/t Au from 216m — 10m @ 2.8g/t Au from 94m — 4m @ 3.3g/t Au from 74m ▪ Gap Prospect – supergene gold m
Slide 8: Dune: primary copper-gold over 800m and open
Dune: primary copper-gold over 800m and open ▪ Ten hole (2,077m) RC drill program completed For personal use only ▪ Initial observations include: — Mineralised zone at Dune extends further to the south and east — Copper anomalism noted in Niton XRF — Minor visual malachite and native copper logged i
Slide 9: Yeneena – IGO Partnership – Copper-Cobalt
Yeneena – IGO Partnership – Copper-Cobalt ▪ The Paterson Province is a proven mineral region For personal use only with a consistent history of discoveries ▪ Encounter holds exploration tenure over 1,600km² of the Paterson Province: — Central African Copperbelt analogue — Magmatic Copper-Gold (Winu
Slide 10: Paterson Province: Yeneena Copper Project
BM1: Coherent zone of shallow copper Paterson Province: Yeneena Copper Project oxide mineralisation. Best intersections include1: ▪ Fine-fraction soil surveys: • 10m @ 6.8% Cu from 32m* For personal use only • 20m @ 2.0% Cu from 22m* — New copper in soil anomalies defined • 16m @ 3.2% Cu from 26m —
Slide 11: Tanami/West Arunta - WA
For personal use only Tanami/West Arunta - WA Belt Scale Partnering Opportunities ▪ West Tanami – Major gold exploration portfolio ▪ Aileron – IOCG-style copper-gold-rare earths project 11
Slide 12: West Tanami: a major gold exploration portfolio
West Tanami: a major gold exploration portfolio ▪ Rare belt scale gold project in WA For personal use only ▪ 100km of strike along the major structural corridor interpreted to be the key controlling structure for gold mineralisation in the Tanami ▪ Material new near mine gold discoveries at Newmont
Slide 13: Tanami: priority prospects for follow up in 2021
Tanami: priority prospects for follow up in 2021 ▪ Afghan Prospect For personal use only — +7.5km long gold anomaly in shallow RAB drilling — 10m @ 1.6g/t Au from 4m 1 ▪ Mojave Prospect — +7km long gold-arsenic anomaly that includes thick mineralised drill intersections strengthening at bottom of ho
Slide 14: West Arunta: IOCG targets in a new region
West Arunta: IOCG targets in a new region For personal use only ▪ 1,300km² West Arunta province of WA ▪ Initial drill target a steeply dipping 500m x 200m magnetic body starting from ~50m below surface1 ▪ Newcrest partially completed one deep diamond drill hole to a depth of 158m (EAL001) into this
Slide 15: West Arunta: IOCG targets in a new region
West Arunta: IOCG targets in a new region ▪ Shallow cover depth ~10m For personal use only ▪ Hydrothermal hematite-altered mafic intrusions and granite with a distinctive IOCG geochemical signature ▪ Assays include zones of anomalism: — Copper (up to 0.1% Cu), — Gold (up to 48ppb Au) — Molybdenum (u
Slide 16: Northern Territory: the next hot spot for copper
For personal use only Northern Territory The next hot spot for copper in Australia ▪ Elliott – Standout copper in groundwater anomaly Option ▪ Jessica – Copper oxides in water bore ENR 100% ▪ Five other first mover camp scale copper projects ENR 100% 16
Slide 17: Northern Territory: the next hot spot for copper in Australia
Northern Territory: the next hot spot for copper in Australia ▪ Highly prospective, vastly underexplored region For personal use only under shallow cover located between the major copper-gold producing districts of Mt Isa and Tennant Creek ▪ Copper sourced from sedimentary-hosted deposits is one of
Slide 18: Elliott Copper Project - BHP teams up with Encounter
Elliott Copper Project - BHP teams up with Encounter ▪ 4,500km² located on a major structural For personal use only intersection on the south western margin of the Beetaloo Basin ▪ Standout copper in groundwater anomaly from Geoscience Australia sampling ▪ New regional GA and NTGS geophysical and ge
Slide 19: Jessica Copper Project
Jessica Copper Project ▪ 5,500km² covering key structural corridors east of Tennant Creek For personal use only ▪ Prospective for sediment-hosted copper and IOCG deposits ▪ Near surface copper oxide (malachite) mineralisation identified in rock chips generated from water bore drilling ▪ Initial airc
Slide 20: Upcoming exploration activity
Upcoming exploration activity Jan Feb Mar Apr May Jun Jul Aug For personal use only Lamil Copper-Gold RC EIS diamond drilling (100% ENR) drilling Validation program (seismic, EM interp, Aircore Copper Projects NT drilling Field validation programs (100% ENR) geochem review) (Jessica) Paterson Provin
Slide 21: Shareholders gain leverage to significant discovery opportunities
Shareholders gain leverage to significant discovery opportunities with minimal dilution Foundations established for major exploration drive For personal use only Exploration expenditure Next Milestone Total spend West Tanami Au on Encounter New project partners projects West Arunta IOCG Cu-Au-REE JV