Slide 1: BM1 Copper Discovery
For personal use only BM1 Copper Discovery Mining 2010 Resources Convention - Brisbane 27 - 29 October 2010 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: 91.5m Ordinary Shares 1.9m Employee Options Market Cap: $87.8m
Slide 3: Company Snapshot – Diversified Explorer
Company Snapshot – Diversified Explorer For personal use only Manganese Zinc Copper Uranium Yeneena - MN1 Yeneena - BM5 Yeneena - BM1 Yilgarn Calcrete 2m @ 20% Mn 0.1m @ 28% Zn 12m @ 3.2% Cu Resources 14km long target Offhole EM target 3km long anomaly 11 million lbs U3O8 Yeneena – MN2 Bangemall Bas
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) • Multiple commodity targets • Good infrastructure • Potential new copper province • RC/diamond drill program in progress at BM1 prospect 100% Encounter 4
Slide 5: Major land position amongst giant mineral deposits
Major land position amongst giant mineral deposits For personal use only 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 7
Slide 8: BM1 - Northern Area
BM1 - Northern Area For personal use only • Multiple thick, near surface intersections grading over 1% copper • Coherent copper mineralisation over an extensive area • 20m @ 2.0% Cu from 22m (incl. 12m @ 3.2% Cu) • 12m @ 1.5% Cu from 16m (incl. 2m @ 2.7% Cu) • 10m @ 1.1% Cu from 36m (incl. 2m @ 2.5%
Slide 9: BM1 Section A – A'
For personal use only BM1 Section A – A’ 9
Slide 10: BM1 – Central Area
BM1 – Central Area For personal use only • A second zone of near surface copper mineralisation has been identified 500m south of the Northern Area discovery • Copper mineralisation at the Central Area interpreted to be approximately 600m long • Assays results from this new zone include: • 14m @ 1.2%
Slide 11: Nifty Copper Deposit
Nifty Copper Deposit Shallow aircore drilling identified broad zone of copper oxides For personal use only 11
Slide 12: The Next Steps
The Next Steps For personal use only • Aircore assays pending from: Southern drill lines from BM1 BM2 copper target • Gravity survey in progress at BM2 • 3000m RC/diamond program 6 to 12 holes to 300–400m depth Identify vectors towards the primary source of the near surface copper mineralisatio
Slide 13: Major 2011 Exploration Campaign
Major 2011 Exploration Campaign For personal use only 2011 Oct Jan Apr Jun Sep Dec Gravity Survey BM2 BM1 Initial RC/Diamond Drilling Interp. /Drill planning Capital Expenditure/Recruitment Mobilisation BM1, BM2, T4 Major RC/Diamond Program Aircore Drilling Yeneena Diamond Drill Program Wanna (Bange
Slide 14: 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