Encounter Resources Limited · ASX:ENR
Encounter Resources — Investor Presentation (November 2022)
18 slides from Encounter Resources's investor presentation, Nov 18, 2022
Slide 1: ShareCafe Presentation
For personal use only ShareCafe Presentation 18 November 2022 Exploring for the next copper, rare earths and lithium 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 For personal use only given in good faith. Certain information in this document has been derived
Slide 3: Encounter at a glance
Encounter at a glance Creating value through project generation and discovery For personal use only Capital structure ASX ticker ENR Share price (17/11/2022) $0.21 Shares on issue 353M Options 18M Market capitalisation ~$74M Cash (30/9/2022) ~$5.4M Enterprise value ~$69M Major shareholders Board of
Slide 4: A premier exploration portfolio
A premier exploration portfolio Early mover positions in world-class minerals belts attracting Tier 1 partners For personal use only Elliott Copper (BHP $25m earn-in) Sediment-hosted copper in an unexplored region Elliott Lamil Copper-Gold (ENR 100%) Extensive mineralised Paterson Dunmarra copper-go
Slide 5: Foundations for a critical minerals exploration drive
Foundations for a critical minerals exploration drive For personal use only Significant copper, rare earths and lithium opportunities: located in the some of the most prospective regions in Australia Fast mover, early adopter of new technologies and datasets: positioned in the emerging copper-rare e
Slide 6: Current Activity and Recent Highlights
Current Activity and Recent Highlights ▪ Copper-REE - Aileron - West Arunta, WA (100% ENR) For personal use only — Niobium-REE mineralised carbonatite discoveries by WA1 Resources (ASX:WA1) — Highlights the region’s potential for IOCG and carbonatite-hosted REE deposits — Airborne magnetic-radiometr
Slide 7: West Arunta, Western Australia
For personal use only West Arunta, Western Australia: The next major copper and rare earths exploration focus in WA 7
Slide 8: Aileron Copper-Rare Earths Project (100% ENR)
Aileron Copper-Rare Earths Project (100% ENR) A new rare earth and IOCG province in Australia? ▪ Commanding land position in the underexplored West Arunta with +100km long Aileron project For personal use only ▪ Three new rare earths (“REE”) occurrences recently identified in the belt including the
Slide 9: Aileron: One of the most prospective regions for IOCG-REE deposits
Aileron Copper-Rare Earths Project (100% ENR) One of the most prospective regions in Australia for IOCG-REE deposits For personal use only ▪ Only exploration drill hole completed at Aileron (EAL001) (depth of 158m) — contained zones of anomalism in copper (up to 0.1% Cu), gold (up to 48ppb Au), moly
Slide 10: Niobium-REE mineralised carbonatite system <1km from Aileron
Aileron Copper-Rare Earths Project (100% ENR) Niobium-REE mineralised carbonatite system <1km from Aileron For personal use only ▪ Gravity survey and reconnaissance surface geochemical sampling have upgraded Aileron targets ▪ Discrete, coincident gravity- magnetic anomalies on major regional structu
Slide 11: Aileron: A new rare earth and IOCG province in Australia?
Aileron Copper-Rare Earths Project (100% ENR) A new rare earth and IOCG province in Australia? For personal use only ▪ Magmatic hydrothermal mineral systems are certainly active in the region ▪ Alkaline systems are key drivers in the formation of IOCG and carbonatite- hosted REE deposits ▪ Numerous
Slide 12: Magnetic/radiometric survey results November 2022
Aileron Copper-Rare Earths Project (100% ENR) Magnetic/radiometric survey results November 2022 to refine REE For personal use only carbonatite and IOCG targets Aileron Cu-REE project – Magnetics (TMI) 12 Refer to ASX announcement 27 October 2022
Slide 13: Northern Territory: emerging opportunity for copper and lithium
For personal use only Northern Territory: Fast emerging as one of the most significant global opportunities for copper and lithium 13
Slide 14: Northern Territory: Globally significant opportunity for copper
Northern Territory: Globally significant opportunity for copper ▪ Highly prospective, vastly underexplored For personal use only region under shallow cover ▪ Located between the major copper-gold producing districts of Mt Isa and Tennant Creek ▪ Transformational investment in pre- competitive data b
Slide 15: Junction and Sitch Lithium Projects (100% ENR)
Junction and Sitch Lithium Projects (100% ENR) Northern Arunta Pegmatite Province For personal use only ▪ Encounter controls a significant part of the North Arunta Pegmatite Province identified by the NT Geological Survey (“NTGS”) ▪ NTGS interpret LCT pegmatites similar to the host pegmatites of the
Slide 16: Large portfolio of exploration projects in Australia
Large portfolio of exploration projects in Australia 100% ENR projects Farm-in partners For personal use only Aileron Copper-Rare Earths Project –WA Elliott Copper Project - NT ▪ IOCG style copper-gold-REE in drilling (up to $25m farm-in funding) ▪ Olympic Dam age mineralisation events ▪ Targeting s
Slide 17: Upcoming News
Upcoming News For personal use only ▪ Aileron IOCG-REE (100% ENR) - WA – Completion of magnetic-radiometric survey Nov 2022 ▪ Junction Lithium (100% ENR) – NT – Reconnaissance-surface sampling completion Nov-Dec 2022 ▪ Sandover Copper (100% ENR) – NT - Gravity survey, drill target identification Nov
Slide 18: Contact
Contact For personal use only Telephone: +61 8 9486 9455 Website: www.enrl.com.au Email: contact@enrl.com.au Suite 2, 1 Alvan Street Subiaco WA 6008 ASX: ENR 18
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