Encounter Resources Limited · ASX:ENR
Encounter Resources — Melbourne Mining Club (July 2007)
18 slides from Encounter Resources's conference presentation, Jul 18, 2007
Slide 1: Uranium and Base Metals - Early Mover, Experienced Team
For personal use only Uranium and Base Metals ASX : ENR Early Mover…Experienced Team… Melbourne Mining Club 17 July 2007 1
Slide 2: Australian Uranium Exploration Expenditure
Australian Uranium Exploration Expenditure 120 ALP 3 Mines Policy • Australia has 40% of the For personal use only world’s uranium resources 100 • 20 year hiatus in activity $ Million (2005 Dollars) 80 1980 Oobagooma 60 1972 Yeelirrie 1978 Mulga Rock ? Lake Way 2005 Beverley 4 Mile 1971 40 Jabiluka
Slide 3: Corporate Information
Corporate Information Founded: June 2004 For personal use only ASX Listing: March 2006 Issued Capital: 69m Ordinary Shares 0.95m Employee Options Market Cap: $44m @$0.65/share Cash: $6.8m 3
Slide 4: People
People For personal use only Mr. Paul Chapman (Chairman) Mr. Will Robinson (Managing Director) Mr. Peter Bewick (Exploration Director) Dr. Jon Hronsky (Non-Executive Director) Mr. Kevin Hart (Company Secretary) Experienced team of former WMC / BHP Billiton executives 4
Slide 5: Project Portfolio
Project Portfolio For personal use only Calcrete Uranium Yilgarn / Gascoyne Base Metals / Uranium Bangemall Basin All projects Encounter 80% / Avoca 20%, except Lake Way 60% / 40% 5
Slide 6: Project Portfolio - Calcrete Uranium
Project Portfolio For personal use only Calcrete Uranium Yilgarn / Gascoyne • Target - 20 million pounds (10kt) at +300ppm U3O8 • Satellite discoveries around Yeelirrie/Lake Way • Large scale drill targets All projects Encounter 80% / Avoca 20%, except Lake Way 60% / 40% 6
Slide 7: Yeelirrie / Lake Way Uranium Province
Yeelirrie / Lake Way Uranium Province For personal use only All projects Encounter 80% / Avoca 20%, except Lake Way 60% / 40% 7
Slide 8: Yeelirrie / Lake Way Uranium Province
Yeelirrie / Lake Way Uranium Province For personal use only • Advanced projects • Near surface deposits • Infrastructure proximity • Future production region Basin Margin The Australian 12 July 2007 8
Slide 9: Bellah Bore East
Yeelirrie / Lake Way Uranium Province For personal use only 1. Bellah Bore East • Yeelirrie satellite discovery • Close to infrastructure Basin Margin • Size - 500 x 200 metres • Grades - 100 to 2111ppm U3O8 9
Slide 10: Lake Way Satellite
Yeelirrie / Lake Way Uranium Province For personal use only 2. Lake Way Satellite • New area of mineralisation • 3km SE of Lake Way deposit Basin Margin • Size – 1.2km x 200m • Grades – 100 to 210ppm U3O8 10
Slide 11: Centipede Extension
Yeelirrie / Lake Way Uranium Province For personal use only 3. Centipede Extension • Extension to Nova Energy resource Basin Margin • Size - 900m x 200 metres • Grades – 100 to 312ppm U3O8 • 1km of 12km target tested 11
Slide 12: Lake Way South
For personal use only Lake Way South 12
Slide 13: Project Portfolio - Calcrete Uranium
Project Portfolio Calcrete Uranium For personal use only Yilgarn / Gascoyne • Target - 20 million pounds (10kt) at +300ppm U3O8 • Satellite discoveries around Yeelirrie/Lake Way • Large scale drill targets All projects Encounter 80% / Avoca 20%, except Lake Way 60% / 40% 13
Slide 14: Hillview Project
Hillview Project Historic uranium mineralisation with higher grade potential For personal use only • 15km long 100-300ppm U mineralised channel • Held by WMC in 1970’s • Higher grade potential • Initial program completed 14
Slide 15: McPherson's Bore Project
McPherson’s Bore Project Large scale uranium anomaly identified in May 2007 For personal use only • 4km long geochemical anomaly • 160 hole aircore drill program completed • Results pending 15
Slide 16: Stone Tank Project
Stone Tank Project 7km long radiometric anomaly in drainage with associated surface calcrete For personal use only • No previous uranium exploration • Preserved calcrete • Surface carnotite mineralisation discovered • Heritage survey then drill 16
Slide 17: Project Portfolio
Project Portfolio Calcrete Uranium For personal use only Yilgarn / Gascoyne Base Metals / Uranium Bangemall Basin • Unconformity Uranium • Advanced Zinc projects • Drilling 2008 All projects Encounter 80% / Avoca 20%, except Lake Way 60% / 40% 17
Slide 18: Continued Company Growth
Continued Company Growth For personal use only Advance Project Drill Advanced Build U3O8 Pipeline Targets Inventory Yilgarn Calcretes Hillview Yeelirrie Channel Unconformity Uranium McPherson’s Bore Lake Way Base Metals Stone Tank 18
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