Slide 1: Greenfields Copper Discovery in WA
ASX : ENR For personal use only Greenfields Copper Discovery in WA Australian Copper Conference 23-24 March 2011 1
Slide 2: Corporate Information
Corporate Information For personal use only Board Paul Chapman - Chairman Will Robinson - Managing Director Peter Bewick - Exploration Director Jon Hronsky - Non-Executive Director Kevin Hart / Dan Travers - Company Sec. Issued Capital: 99.3m Ordinary Shares 7.1m Employee Options Market Cap: $83m @
Slide 3: Company Snapshot – Diversified Explorer
Company Snapshot – Diversified Explorer For personal use only Copper Manganese Zinc Uranium High grade discovery at BM1 Near surface Assays up to 28% 11 million lbs +20% Mn Zn, 2.3% Pb, near surface U3O8 Potential new copper province Multiple targets 34g/t Ag Inferred Resource • Exploring for “Major
Slide 4: Yeneena Project – Paterson Province (WA)
Yeneena Project – Paterson Province (WA) For personal use only • Major land position in highly endowed mineral belt • 100% ownership (1300 km2) • Multiple commodity targets • Good infrastructure • $5m exploration program in 2011 4
Slide 5: Major land position amongst giant mineral deposits
Major land position amongst giant mineral deposits For personal use only …potential for multiple copper deposits under sand cover 5
Slide 6: Yeneena Project – Road to BM1
Yeneena Project – Road to BM1 For personal use only 6
Slide 7: BM1 Discovery Hole
BM1 Discovery Hole For personal use only EPT 220 8m @ 1.1% copper from 24m EPT 220 29-30m 2.8% copper 7
Slide 8: BM1 Copper Discovery
BM1 Copper Discovery For personal use only • Multiple thick, near surface intersections grading over 1% copper Cross Section A-A’ • Copper system +3.5km long and open 1km • Coherent zones of secondary near surface copper mineralisation • 20m @ 2.0% Cu from 22m (incl. 12m @ 3.2% Cu) • 12m @ 1.5% Cu f
Slide 9: BM1 Copper Discovery
BM1 Copper Discovery For personal use only NORTHERN AREA CENTRAL AREA Regolith copper mineralisation at +0.1% Cu and 3D gravity shells at 0.5mg, 0.75mg and 1mg
Slide 10: BM1 – Northern Area Cross Section
BM1 – Northern Area Cross Section 368,400mE 368,600mE 368,800mE 369,000mE369,000mE 368,400mE 368,400mE For personal use only A A’ Base of Oxidation 300mRL 66m 66m 69m 70m 72m 77m 80m 88m 83m 90m 100m 111m 100mRL Airborne AirborneEM EMLayered LayeredEarth EarthInversion Inversion(LEI) (LEI)sourced so
Slide 11: BM1 – Northern Area AEM Section
BM1 – Northern Area AEM Section 368,400mE 368,600mE 368,800mE 369,000mE369,000mE 368,400mE For personal use only A A’ Base of Oxidation 300mRL 66m 66m 69m 70m 72m 77m 80m 88m 83m 90m 100m 111m 100mRL Airborne EM Layered Earth Inversion (LEI) sourced from Geoscience Australia
Slide 12: Nifty Copper Deposit
Nifty Copper Deposit Shallow aircore drilling identified broad zone of copper oxides For personal use only 200m 12
Slide 13: Major land position amongst giant mineral deposits
Major land position amongst giant mineral deposits For personal use only …potential for multiple copper deposits under sand cover 13
Slide 14: BM2 – Second Copper System
BM2 – Second Copper System For personal use only • Shallow drilling has confirmed a mineralised copper system • Extensive copper regolith enrichment continuous over a large area • Several of the shallow holes terminated in anomalous copper • 30m @ 0.14% Cu from 42m to end of hole including 2m @ 0.88
Slide 15: The Next Months – 100% Copper
The Next 5 Months – 100% Copper 2011 For personal use only Mar Apr May Jun Jul Site Mobilisation Airborne EM (VTEM)– BM1, T4 BM1 - aircore/RC drill program for additional near surface copper (3000m) BM1 diamond program testing multiple targets for primary copper (5000m) BM2 follow up aircore/RC prog
Slide 16: Yeneena Copper Discovery
Yeneena Copper Discovery For personal use only • New greenfield copper discovery made in 2010 • Early stage indications of a potential new copper province High drilling success rate Large mineralisation footprints Thick, high grade intersections • Land position secured (1300km2 , 100% owned) •
Slide 17: Disclaimer & Compliance Statement
Disclaimer & 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 fr