ENR and South32 Partner to Accelerate NT Copper Exploration

• Exploration has commenced with reprocessing of seismic lines at Carrara, which is part of the first year budget of $1.3 million exploration expenditure across both projects The directors of Encounter Resources Ltd (“Encounter”) are pleased to announce that Encounter and a wholly owned subsidiary of South32 Ltd (“South32”) have entered into Farm-in and Joint Venture Agreements covering the Carrar