Encounter Resources Limited · ASX:ENR
Encounter Resources — Melbourne Mining Club Cutting Edge Series 2024
19 slides from Encounter Resources's conference presentation, Jul 23, 2024
Slide 1: Melbourne Mining Club Cutting Edge Series
For personal use only Melbourne Mining Club Cutting Edge Series 23 July 2024 Building shareholder value through the discovery of copper and critical minerals in Australia ASX:ENR Aircore drilling at Aileron – May 2024 1
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 information in this document has been derived from third parties and
Slide 3: Encounter at a glance
Encounter at a glance Creating value through project generation and discovery For personal use only Capital structure Board of Directors ASX ticker ENR Share price (19/07/2024) $0.62 Shares on issue 450M Options 19M Mr Will Robinson Dr Jon Hronsky OAM Mr Peter Bewick Mr Philip Crutchfield Market cap
Slide 4: A premier exploration portfolio
A premier exploration portfolio Early mover positions into world-class and emerging minerals belts attracting Tier 1 partners Aileron - West Arunta For personal use only Niobium/REE/Copper High impact 100%-owned Greater McArthur Lamil Superbasin Copper Copper/Gold Jessica & Carrara projects in WA an
Slide 5: Copper and critical mineral focus
Copper and critical mineral focus Exploring for commodities highly leveraged to global growth and the energy transition For personal use only Cu Nb REE Copper Niobium Rare Earth Elements The most important metal for the A micro alloy for lighter, stronger and Used across critical technology, global
Slide 6: Aileron, West Arunta
For personal use only Aileron, West Arunta (ENR 100%) Carbonatite-hosted niobium/REE and IOCG copper Aileron field camp re-established April 2024 6
Slide 7: West Arunta
Aileron Project – West Arunta Multiple, new niobium-REE discoveries emerging in an untested new mineral belt For personal use only Aileron project – Magnetics (RTP) Refer to ASX announcement 8 December 2022 7
Slide 8: 2024 Exploration Program
Aileron Project - 2024 Exploration Program Rapidly identifying near surface carbonatites in the West Arunta First pass reconnaissance drilling in 2023 returned: For personal use only • Shallow, high-grade niobium-REE mineralised carbonatites at Emily and Crean • Large-scale primary niobium-REE carbo
Slide 9: West Arunta
Aileron Project – West Arunta Shallow, high-grade and depth extensive niobium-REE mineralisation on separate structures over 10km apart For personal use only Aileron carbonatites and targets over RTP magnetics Refer to ASX announcements 8 July and 16 July 2024 9
Slide 10: Crean
Aileron Project – Crean Continuous near-surface carbonatite has been intersected across four initial aircore drill lines • Aircore drilling is a fast, low For personal use only impact and cost-effective method to find near surface niobium-REE mineralisation • Shallow, high-grade niobium- REE mineral
Slide 11: High-grade niobium intercepts at Crean
High-grade niobium intercepts at Crean Diamond and RC drilling to extend high-grade niobium-REE drill intersections that ended in mineralisation For personal use only 11
Slide 12: Emily
Aileron Project – Emily Shallow, high-grade niobium-REE mineralisation north-west of Luni For personal use only • First assays from aircore drilling returned shallow, high-grade niobium-REE mineralisation • Additional aircore drilling in Jul/Aug will test west of the mineralisation identified to dat
Slide 13: Green
Aileron Project – Green A large-scale niobium-REE mineralised carbonatite complex in the West Arunta • First assays from wide-spaced For personal use only aircore drilling confirmed that Green: • is a large carbonatite complex • is well mineralised (niobium-REE) over 1.6km of strike and still open •
Slide 14: Eastern Targets
Aileron Project – Eastern Targets Falcon airborne gravity survey defines a suite of new, large-scale carbonatite and IOCG targets • Significant gravity anomalies identified in the eastern part of Aileron For personal use only • Survey highlighted major north-east, deep tapping fault (Weddell Fault)
Slide 15: What's coming up
Aileron Project – what’s coming up…. In progress For personal use only Extensional and infill aircore drilling at Crean, Emily & Green In progress Diamond drilling to evaluate continuity between Crean & Hurley Jul-Aug 2024 Diamond drilling at Crean for further metallurgical samples Aug-Nov 2024 RC d
Slide 16: Major Copper Exploration Portfolio
Major Copper Exploration Portfolio NT: a globally significant copper opportunity • New Government data has transformed the exploration potential of the Northern Territory For personal use only • Highly prospective for sedimentary hosted copper-zinc deposits • Encounter has a large portfolio of fast
Slide 17: Sandover Copper Project (100% ENR)
Sandover Copper Project (100% ENR) 100% owned large scale copper project 170km north of Alice Springs • Diamond drilling commencing at the Ginger For personal use only prospect in Jul-Aug 2024 • Encounter’s first diamond hole completed in late 2023 intersected unexpected high-grade copper mineralisa
Slide 18: About Encounter
About Encounter One of Australia’s leading mineral explorers advancing ambitious For personal use only projects in emerging new provinces An exceptionally high discovery rate in a new critical minerals province in the West Arunta where drilling will continue to test and extend targets during 2024 Up
Slide 19: 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 19
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