Encounter Resources Limited · ASX:ENR
Encounter Resources — Shareholder Meeting (November 2018)
26 slides from Encounter Resources's shareholder meeting presentation, Nov 30, 2018
Slide 1: AGM Chair Address and Presentation
Level 7, 600 Murray Street West Perth WA 6005 PO Box 273 West Perth WA 6872 P 08 9486 9455 F 08 9486 8366 www.enrl.com.au For personal use only 30 November 2018 Company Announcements Office Australian Securities Exchange 20 Bridge Street Sydney NSW 2000 AGM Chair Address and Presentation It has been
Slide 2: Chair address closing
We are disciplined in our approach to capital management and we are steadfast in our commitment to systematic exploration that can create value for our shareholders. Our exploration plans remain well funded and, importantly, we have an extremely capable and experienced team to realise the potential
Slide 3: Leading Project Generators in WA
Leading For personal use only Project Generators in WA Annual General Meeting 30 November 2018 ASX: ENR
Slide 4: Disclaimer and compliance statement
Disclaimer and 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
Slide 5: Industry snapshot
Industry snapshot For personal use only 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 s
Slide 6: The Encounter business model
For personal use only 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
Slide 7: Encounter at a glance
Encounter at a glance For personal use only 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 (29/11/2018) $0.059 Shares on issue
Slide 8: Scale opportunities in a first world jurisdiction
Scale opportunities in a first world jurisdiction For personal use only 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
Slide 9: Board and Management
Board and Management For personal use only 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. Hro
Slide 10: Tanami and West Arunta
For personal use only Tanami and West Arunta Major exploration portfolio in one of the world’s most prospective gold regions
Slide 11: Tanami and West Arunta – a major new exploration portfolio
Tanami and West Arunta – a major new exploration portfolio For personal use only ▪ 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 A
Slide 12: Selby, Watts, Lewis JVs with Newcrest
Selby, Watts, Lewis JVs with Newcrest For personal use only 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 las
Slide 13: Phillipson JV with Newcrest
Phillipson JV with Newcrest For personal use only ▪ Genuine frontier first mover opportunity with significant scale ▪ Highly anomalous 63ppb 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 a
Slide 14: Aileron JV with Newcrest
Aileron JV with Newcrest For personal use only ▪ 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
Slide 15: Newcrest Project Generation Alliance
Newcrest Project Generation Alliance For personal use only ▪ 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
Slide 16: Paterson Province
For personal use only Paterson Province Proterozoic, sediment hosted Copper-Cobalt deposits Shallow Gold with scale potential near Telfer 14
Slide 17: A known region generating new discoveries
A known region generating new discoveries For personal use only ▪ 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 — Apply
Slide 18: A known region generating new discoveries
A known region generating new discoveries For personal use only ▪ 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 an
Slide 19: Yeneena Copper-Cobalt Project – Paterson Province WA
Yeneena Copper-Cobalt Project – Paterson Province WA For personal use only 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
Slide 20: Yeneena Copper-Cobalt Project – Paterson Province WA
Yeneena Copper-Cobalt Project – Paterson Province WA For personal use only 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 dissem
Slide 21: Large scale gold system at Telfer West
Large scale gold system at Telfer West For personal use only ▪ 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 201
Slide 22: Laverton Tectonic Zone
For personal use only Laverton Tectonic Zone Novel generative targeting in a world class gold district 20
Slide 23: Project Generation in Laverton Tectonic Zone
Project Generation in Laverton Tectonic Zone For personal use only ▪ 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
Slide 24: Exploration commenced at Nazare
Exploration commenced at Nazare For personal use only ▪ 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 ▪
Slide 25: A Leading Project Generator
A Leading Project Generator For personal use only 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
Slide 26: Investment proposition
Investment proposition For personal use only 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 depos
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