Enterprise Metals Limited · ASX:ENT

Enterprise Metals — Shareholder Meeting (November 2018)

29 slides from Enterprise Metals's shareholder meeting presentation, Nov 30, 2018

  1. Slide 1: MD Presentation Post Annual General Meeting

    MD Presentation Post Annual General Meeting 30 November 2018

  2. Slide 2: Disclaimer & Forward Looking Statements

    Disclaimer & Forward Looking Statements Disclaimer This document has been prepared by Enterprise Metals Limited (the “Company”). It should not be considered as an invitation or offer to subscribe for or purchase any securities in the Company or as an inducement to make an invitation or offer with re

  3. Slide 3: Capital Structure

    Capital Structure Capital Structure Share Price & Volume Share Price (close 29 Nov 2018) A$ 0.010 Shares on Issue (29 Nov 2018) # 383,657,991 3.0 cents Options on Issue # Nil Market Capitalisation A$m $3.8M Cash 1 A$m $0.45M 2.0 cents Note 1. At 30 Sept 2018 1.0 cent 12M Alto Metals Ltd (ASX: AME) I

  4. Slide 4: Vision & Strategy

    Vision & Strategy VISION “To generate and secure under title gold and base metals projects in Australia with potential for discovery of Tier 1 deposits, that will attract major partners to fund exploration and discovery” STRATEGY  Strict planning for low cost and highly effective project generation

  5. Slide 5: Enterprise's Projects – West Australian

    Enterprise’s Projects – West Australian DOOLGUNNA Cu/Zn Sandfire Resources (SFR) Enterprise JV SFR 100% funding & operating ENT 100%, until SFR finds 50,000t Cu metal or equivalent, then SFR 75% interest. FRASER RANGE Ni/Co Constellation Resources (CR1) Orpheus JV CR1 100% funding & operating ENT 30

  6. Slide 6: DOOLGUNNA – Farm-in By Sandfire Resources

    DOOLGUNNA – Farm-in By Sandfire Resources SANDFIRE RESOURCES NL (SFR) FARM-IN Oct 2016 SFR can earn 75% interest by defining 50,000 tonnes contained Cu metal (or equivalent)  Over 60km of strike of the southern boundary of the Bryah Basin and the northern part of the Yerrida Basin.  The southern B

  7. Slide 7: DOOLGUNNA – Summary of Sandfire's work

    DOOLGUNNA – Summary of Sandfire’s work “Sandfire Resources, a well funded partner, wholly funding exploration” To Sept 2017:  Air-core drilling – 1,465 holes for 119,556m  Reverse circulation drilling – 10 holes for 3,745m (Vulcan area)  Diamond drilling – 6 holes for 2,743m (Vulcan area)  Downh

  8. Slide 8: DOOLGUNNA – Summary of Sandfire's work

    DOOLGUNNA – Summary of Sandfire’s work June Qtr 2018:  On 6 June 2018 Sandfire announced it had intersected supergene and fresh massive sulphide mineralisation (Eg. MWAC0109: 11m at 3.5% Cu from 73m, incl. 3m at 9.5% Cu from 81m) in the Auris Minerals Limited (ASX: AUR) Morck Well East JV Project a

  9. Slide 9: DOOLGUNNA – Summary of Sandfire's work

    DOOLGUNNA – Summary of Sandfire’s work June Qtr 2018: Continued  Infill AC drilling at the Mount Leak, White Well and Ruby Well prospect areas, targeting the prospective mafic sedimentary horizon.  4 RC drill holes and 2 DDH holes were completed in the Homestead – Vulcan-Vulcan West area.  Drilli

  10. Slide 10: DOOLGUNNA – Summary of Sandfire's work

    DOOLGUNNA – Summary of Sandfire’s work Sept Qtr 2018:  1 diamond tail (hole EFRC0025, 1.8km NE of Morck Well copper) was drilled to test prospective sediment horizons within the Karalundi Formation in the Vulcan West prospect. No DHEM conductors were observed  A regional high resolution (50 x 100m

  11. Slide 11: DOOLGUNNA – Summary of Sandfire's work

    DOOLGUNNA – Summary of Sandfire’s work Plan for Dec Qtr 2018:  Large MLEM survey is planned for the December Quarter, to extend upon the Slingram MLEM survey at the Vulcan Prospect and following the Karalundi trend.  Two RC drill holes are planned at the Vulcan Prospect, designed to test subtle EM

  12. Slide 12: FRASER RANGE – JV with Constellation Resources

    FRASER RANGE – JV with Constellation Resources Fraser Range History:  1965-1971: Newmont  1995-2008: Creasy et al  2012: Sirius - Nova discovery ENT 2009 - 2013:  Aeromag, soil sampling & AEM ENT 2014:  Plato: 6 hole RC/DC, NiS intersected NOVA BOLLINGER MINE  39 FLEM ground surveys  6 RC dri

  13. Slide 13: ENT - CR1 Fraser Range Orpheus JV

    ENT - CR1 Fraser Range Orpheus JV “Constellation Resources, a well funded partner, wholly funding exploration”  On 30 July 2018, Enterprise’s new JV partner Constellation Resources Ltd (ASX: CR1) listed on the ASX having raised $7million  ENT-CR1 ground is well placed with respect to IGO tenements

  14. Slide 14: FRASER RANGE E63/1281 – Plato

    FRASER RANGE E63/1281 – Plato  What started the program: Ni  Plato soil geochem data over magnetic “low”, co-incident with elevated nickel, copper, cobalt  Magnetic “low” is olivine gabbronorite intrusive within mafic complex PLRCD003, at 337.4 metres Downhole ENT: ASX release 30 July 2014 Niton

  15. Slide 15: FRASER RANGE E63/1281

    FRASER RANGE E63/1281 Sept Qtr 1018:  A 2017 review of ENT’s airborne HeliTEM survey identified a conductive anomaly that has the potential to be related to a bedrock mineralised source below the conductive cover  Ground EM survey completed over HeliTEM anomaly returned subtle anomalism that is un

  16. Slide 16: FRASER RANGE E63/1282

    FRASER RANGE E63/1282  A ~3km long gold in soil anomaly (up to 13ppb gold) was identified from historic sampling associated with a well-defined NE-SW trending magnetic anomaly  Follow-up work by AON in August 2017 returned results up to 27ppb gold in soil samples.  In December 2017, soil sampling

  17. Slide 17: Fraser Range E28/2403

    Fraser Range E28/2403  Apollo identified conceptual magnetic targets with features analogous to magmatic Ni-Cu sulphide deposits  400m by 400m ground gravity survey were completed over the target area, with infill at 200m by 200m  2 Bouguer gravity anomalies (A1 & A2) were located with amplitudes

  18. Slide 18: MURCHISON PROJECT – 100% Enterprise

    MURCHISON PROJECT – 100% Enterprise  Located 30km north of Cue & 35km &NE of Big Bell Gold Mine  ~700km2 block of tenure over greenstone MURCHISON PROJECT PAGE 18

  19. Slide 19: MURCHISON GEOLOGY

    MURCHISON GEOLOGY  Favourable stratigraphy covered with alluvium provides the challenge & the opportunity  Contains 2 stratigraphic horizons with known VMS style mineralisation:  +21km strike of Wattagee VMS horizon, AM14, Wattagee Hill & Metals Ex gossans  GSWA work indicates felsic volcanics h

  20. Slide 20: MURCHISON DETAILED SURVEY

    MURCHISON DETAILED SURVEY  Detailed magnetics shows geology and structure below soil and sand cover  Gold target where Big Bell Shear Zone transects Cuddingwarra host sequence  Historical drilling along Cuddingwarra host sequence too shallow  Extensive area of greenstone around Curtis Find inade

  21. Slide 21: MURCHISON – Behring Bore Au prospect

    MURCHISON – Behring Bore Au prospect  Historical AC drilling intersected a thick, low grade zone of supegene gold mineralisation, including:  21m @ 0.76 g/t Au from 49m in BBNAC092, and  20m @ 0.51 g/t Au from 41m in BBNAC004  900m x 500m +1g/t Au maximum downhole gold anomaly in 200m x 100m spa

  22. Slide 22: MURCHISON – Jeffrey Well Au prospect

    MURCHISON – Jeffrey Well Au prospect  Aircore drilling by MPI Gold intersected 3m @ 9.19 g/t Au from 111m in hole 96LWAC56  Follow up drilling by MPI failed to confirm this result  Aircore drilling by Alchemy Resources on a nominal 200m x 100m spacing defined the Jeffery Well Prospect and outline

  23. Slide 23: BALLARD – ENT 90% - Legendre 10% free carry

    BALLARD – ENT 90% - Legendre 10% free carry  Ballard Project covers 190km2 of Archaean mafic & ultramafic rocks, includes ~38km strike of greenstone sandwiched between the Ida Fault & Ballard Shear Zone, both 1st order structures with potential to focus gold mineralisation into structures  Tenemen

  24. Slide 24: BALLARD PROJECT

    BALLARD PROJECT  Located between the historical gold mining centres of Mt Ida (30km to the north) & Riverina-Mulline (35km to the south) & Davyhurst (with a 1.2Mtpa mill currently operating) 65km to the south  E29/991 located north of Lake Ballard & E30/472 located south of Lake Ballard.  Histori

  25. Slide 25: BALLARD PROJECT

    BALLARD PROJECT  Historical gold exploration largely comprised soil sampling, generally withfocus around old Nickel target historical gold workings, or on areas identified from early regional stream sediment sampling programs  Compilation of historical data indicates that while several surface geo

  26. Slide 26: YALGOO – Seeking JV partner

    YALGOO – Seeking JV partner  E59/2076 (125km2) contains shallow gold occurrences untested at depth & contain strike extension of an 800 metre long, 12-60 metre-wide lithium- rich pegmatite vein containing tantalum/rubidium.  Drill assays on adjoining competitor lease, 2m at 1.25% Li2O  60% of the

  27. Slide 27: Directors

    Directors Name Role Background Dr Allan Trench Non-Executive After commencing his career as a geologist with WMC, Dr Trench worked as a business BSc (Hons) PhD Chairman consultant for McKinsey and Co, then as a manager at KCGM Pty Ltd and Woodside (Geophysics) MSc Petroleum. Currently he is a consul

  28. Slide 28: Competent Person Statement

    Competent Person Statement The information in this Presentation (Report) that relates to Exploration Results is extracted from Public (ASX) Reports previously published by Enterprise Metals Limited which are available for viewing on the ASX and ENT websites. The information in this Presentation that

  29. Slide 29: References

    References 1 Jul 2017 - 30 Nov 2018 This presentation contains references to exploration results, which have been reported in previous market announcements made by the Company. The Company confirms that it is not aware of any new information or data that materially affects the information included i

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