Slide 1: New Gold Discovery Near Telfer
New Gold Discovery Near Telfer For personal use only AMEC Convention June 2017 ASX : ENR
Slide 2: Company Snapshot
Company Snapshot Board For personal use only 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 - Comp
Slide 3: High Grade Gold Near Telfer
High Grade Gold Near Telfer Telfer West - New shallow, high grade For personal use only ❖ 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 m
Slide 4: Telfer Schematic Section
For personal use only 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 For personal use only Next Slide 5
Slide 6: New Gold Discovery at Telfer West
New Gold Discovery at Telfer West ❖ Dome (5km x 8km) of For personal use only 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 g
Slide 7: Thick Gold/Copper Zones Discovered at Telfer West
For personal use only 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. ❖ Mineralisatio
Slide 8: Egg Prospect – Thick Gold Stockwork Zone
Egg Prospect – Thick Gold Stockwork Zone ❖ Located 4km south east of the For personal use only 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
Slide 9: Mineralised domes north-west Telfer – East Thomson's Dome
Mineralised domes north-west Telfer – East Thomson’s Dome Mt Crofton Granite For personal use only 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 For personal use only that remain open down dip and along strike ❖ Regional soil geochemistry has identified a large scale (+2km) gold anomaly adjacent to historical ❖ RC/diam
Slide 11: Large Scale Gold Soil Anomaly (+2km) at East Thomson's Dome
For personal use only 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
For personal use only 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 For personal use only 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 ❖ Mul
Slide 14: Cobalt-Copper Opportunities at Yeneena
For personal use only 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
Slide 15: Copper-Cobalt gossan discovered at Lookout Rocks
For personal use only 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 s
Slide 16: Upcoming Field Activities 2017
Upcoming Field Activities 2017 Jun Jul Aug Sep For personal use only 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 For personal use only 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 dist
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 For personal use only professional opinion only and is given in good faith. Certain information in this document has been derived fr