Encounter Resources Limited · ASX:ENR
Encounter Resources — Diggers and Dealers Mining Forum 2023
18 slides from Encounter Resources's conference presentation, Aug 7, 2023
Slide 1: Diggers and Dealers Mining Forum
ASX: ENR For personal use only Diggers and Dealers Mining Forum August 2023 Leading copper & critical minerals exploration in Australia Exploration Managers Sarah James and Mark Brodie at Aileron in the West Arunta
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 (4/8/2023) $0.46 Shares on issue 396M Options 24M Mr Paul Chapman Mr Will Robinson Dr Jon Hronsky OAM Mr Peter Bewick Mr Philip Crutchfi
Slide 4: Large and consistent in-ground exploration investment
Large and consistent in-ground exploration investment Building shareholder value through discovery For personal use only Advanced Build Project Exploration Partnerships Generation Progress 100% projects rapidly Collaborating with high Fast mover, early adopter of to defined milestones quality explor
Slide 5: 100% owned projects
For personal use only 100% owned projects Leading edge copper and critical minerals exploration in Australia 5
Slide 6: A premier exploration portfolio
A premier exploration portfolio Early mover positions in world-class minerals belts attracting Tier 1 partners Aileron Project – West Arunta - WA For personal use only Targeting IOCG style copper-gold and Elliott Copper carbonatite hosted critical minerals Aileron - West Arunta Copper/Critical Miner
Slide 7: West Arunta (100% ENR)
Aileron Project – West Arunta (100% ENR) Modern geophysics is revealing exceptional new critical mineral targets Aileron field camp For personal use only Identified the West Arunta opportunity, first tenement granted Jan 2019 Gravity survey defines initial drill targets at Caird, Crean & Hoschke Air
Slide 8: West Arunta (100% ENR): Targeting IOCG and carbonatite hosted critical minerals
Aileron Project – West Arunta (100% ENR) Targeting IOCG and carbonatite hosted critical minerals ▪ Commanding land position in the underexplored West Arunta with +100km long Aileron project ▪ High grade niobium-REE discoveries by WA1 Resources (ASX:WA1) adjacent to Aileron For personal use only Aile
Slide 9: Diamond Drill Program
Aileron Project – Diamond Drill Program Niobium-REE carbonatites over 3.5km - open and thickening to the east ▪ First two holes at Crean, drilled 1.5km apart, intersected carbonatites with high grade niobium-REE mineralisation. For personal use only Diamond drill locations (black dots) the three hol
Slide 10: Preliminary mineralogical assessment
Aileron Project – Preliminary mineralogical assessment The main niobium-bearing mineral identified in the carbonatite is interpreted as coarse grained pyrochlore For personal use only 20mm Elemental map - shows the nature, style and spatial distribution of the niobium mineralisation (pyrochlore) hos
Slide 11: West Arunta: RC Drill Program August-October 2023
Aileron Project – West Arunta (100% ENR) RC Drill Program – August-October 2023 Next Steps ▪ RC drilling commencing in August For personal use only 2023 to include: — Extending the shallow, high- grade niobium-REE at Crean — Hurley and Wild targets located east of Crean — Green target north of WA1 R
Slide 12: Falcon airborne gravity survey defines a suite of new targets
Aileron Project – West Arunta (100% ENR) Falcon airborne gravity survey defines a suite of new targets ▪ Three significant gravity anomalies in the eastern part of Aileron: – Mawson and Perce are discrete, high amplitude (~6 mGal) anomalies that potentially outline For personal use only alkaline/car
Slide 13: West Arunta: What comes next
Aileron Project – West Arunta (100% ENR) What comes next… For personal use only Surface geochemistry survey (>1,800 samples) Aug – Sep 8,000-10,000 RC drill program Aug – Oct Assays from thick carbonatite intersected in EAL007 Sep Reconnaissance sampling of Eastern Targets Sep Preliminary metallurgi
Slide 14: Niobium (Nb) overview
Niobium (Nb) overview A critical mineral with growing strategic value ▪ Identified as a critical mineral by Australia, the United States, the European Union and Japan For personal use only ▪ Approximately 90% of demand comes from the steel industry: — A micro alloy to make lighter, stronger and more
Slide 15: Farm-in projects
For personal use only Farm-in projects Working with the world’s leading miners to find the next generation of copper deposits 15
Slide 16: Northern Territory: globally significant opportunity for copper
Northern Territory: globally significant opportunity for copper Major exploration programs targeting Tier 1 discoveries in new areas ▪ New Government data has transformed the exploration potential of the NT For personal use only ▪ Vastly underexplored regions under shallow cover ▪ Highly prospective
Slide 17: Large projects in emerging copper-critical mineral regions
Large projects in emerging copper-critical mineral regions 100% ENR Projects Copper Farm-in Partners $7m invested by partners on ENR projects in 2022 Aileron Copper-Critical Minerals Project –WA For personal use only ▪ Targeting IOCG copper-gold and carbonatite Elliott Copper Project - NT hosted cri
Slide 18: Contact
For personal use only Contact 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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