Slide 1: New Gold Discovery Near Telfer – Investor Update
New Gold Discovery Near Telfer Investor Update May 2017 ASX : ENR
Slide 2: Company Snapshot
Company Snapshot Board Paul Chapman - Chairman Large land position in Proterozoic Will Robinson - Managing Director Paterson Province with proven Peter Bewick - Exploration Director fertility and active majors Jon Hronsky - Non-Executive Director Kevin Hart / Dan Travers - Company Sec. 155.9m Ordina
Slide 3: High Grade Gold Near Telfer
High Grade Gold Near Telfer Telfer West - New shallow, high grade gold discovery made in April 2017 East Thomson’s Dome - Large Scale Gold Soil Anomaly (+2km) outlined adjacent to high grade outcropping gold reefs Known district, near infrastructure and the Telfer Au-Cu mine Little or no exp
Slide 4: Telfer Schematic Section
Telfer Schematic Section Gold-copper mineralisation contained within: Telfer Member Siltstones High grade stratabound reefs Sandstones Spatially associated stockworks Deep weathering depleted copper in the upper sections of the orebody Malu Quartzite 4
Slide 5: Mineralised domes north-west Telfer
Mineralised domes north-west Telfer Mt Crofton Granite Next Slide 5
Slide 6: New Gold Discovery at Telfer West
New Gold Discovery at Telfer West Dome (5km x 8km) of prospective stratigraphy similar to the host units at Telfer Limited prior exploration completed by Newmont in 1980s An 11 hole, broad spaced (~400m x 200m) RC program in Open April 2017 successfully intersected high grade, near surface gol
Slide 7: Thick Gold/Copper Zones Discovered at Telfer West
Thick Gold/Copper Zones Discovered at Telfer West ETG0015 and ETG0016 are drilled on section, 200m apart and are located over 400m south-east of ETG0003 completed in December 2016 that intersected 24.9m @ 0.7g/t Au from 127.1m and 4.0m @ 7.1g/t Au from 216m. Mineralisation is potentially open
Slide 8: Egg Prospect – Thick Gold Stockwork Zone
Egg Prospect – Thick Gold Stockwork Zone Located 4km south east of the recent RC drilling Broad, depth extensive, zone of stockwork style gold mineralisation incl: 38.6m @ 1.0g/t Au from 333m (incl. 4.2m @ 3.2g/t Au from 333.5m) and 36m @ 0.6g/t Au from 396m (incl. 3.2m @ 3.3g/t Au from 415.
Slide 9: Mineralised domes north-west Telfer – East Thomson's Dome
Mineralised domes north-west Telfer – East Thomson’s Dome Mt Crofton Granite 9
Slide 10: Reef Style Gold at East Thomson's Dome
Reef Style Gold at East Thomson’s Dome Located 5km north-west of Telfer Additional high grade reefs have been identified that remain open down dip and along strike Regional soil geochemistry has identified a large scale (+2km) gold anomaly adjacent to historical RC/diamond drill program to c
Slide 11: Large Scale Gold Soil Anomaly (+2km) at East Thomson's Dome
Large Scale Gold Soil Anomaly (+2km) at East Thomson’s Dome Regional soil Geochemistry the East Thomson’s Dome identifying +2km gold anomaly (refer ASX announcement 5 May 2017) 11
Slide 12: Multiple high grade reefs remain open down dip and along strike
Multiple high grade reefs remain open down dip and along strike C C’ A A’ B B’ (refer ASX announcement 5 May 2017) 12
Slide 13: 70km Long Copper-Cobalt Corridor South of Nifty
70km Long Copper-Cobalt Corridor South of Nifty Central African Copperbelt is one of the world’s largest sources of copper and the world’s largest source of cobalt Proterozoic aged, sediment hosted deposits similar age and geological setting to the Yeneena basin in WA Multiple mineralisation s
Slide 14: Cobalt-Copper Opportunities at Yeneena
Cobalt-Copper Opportunities at Yeneena BM7 - A +600 long zone of near surface cobalt mineralisation untested at depth. Includes intersection of 9m @ 1.0% Co and 1.5% Cu from 42m to EOH BM1 - The coherent zone of copper oxide mineralisation includes several high grade cobalt intersections includi
Slide 15: Copper-Cobalt gossan discovered at Lookout Rocks
Copper-Cobalt gossan discovered at Lookout Rocks First diamond drill hole intersected copper sulphide mineralisation, up to 80m long in-situ gossan (grading up to 0.22% Cu & 0.19% Co) located 800m SW of first diamond hole 1% Cu Copper hosted by black, reduced carbonaceous sediments, located abov
Slide 16: Upcoming Field Activities 2017
Upcoming Field Activities 2017 Apr May Jun Jul Telfer West – RC/diamond drilling (EIS Co Funded) East Thomson’s Dome RC/diamond drilling BM7 Copper-Cobalt RC drill program Lookout Rocks-Fishhook Copper RC/diamond (EIS Co Funded) Millennium diamond drilling (HHM Co Funded) 16
Slide 17: The Investment Case
The Investment Case • Advanced gold projects - high grade, near surface, scale potential, known district, near infrastructure • New gold discovery at Telfer West made in April 2017 • Exposure to large scale copper-cobalt and zinc exploration upside • Large land position in district with proven ferti
Slide 18: Disclaimer & Compliance Statement
Disclaimer & 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 t