Encounter Resources Limited · ASX:ENR
Encounter Resources — Investor Presentation (November 2012)
18 slides from Encounter Resources's investor presentation, November 2012
Slide 1: Greenfields Copper Discovery in WA – Investor Update
ASX : ENR Greenfields Copper Discovery in WA Investor Update November 2012
Slide 2: The Investment Opportunity
The Investment Opportunity • Greenfields copper discovery in WA – 11km long and growing • Multiple prospects with mineralised intersections • Major land position secured Yeneena • Experienced team of former Project WMC executives • 30,000m drill program in 2012 2
Slide 3: Corporate Information
Corporate Information Board 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: Issued Capital 114.2m Ordinary Shares 8.1m Employee Options Market Cap. A$21.7m
Slide 4: Major land position amongst giant mineral deposits
Major land position amongst giant mineral deposits 4
Slide 5: BM1 - BM7 Prospects
BM1 - BM7 Prospects Copper mineral system 11km long and growing BM1 - coherent zone of near surface copper oxide mineralisation • 10m @ 6.8% Cu from 32m • 20m @ 2.0% Cu from 22m 11km • 8m @ 3.6% Cu from 18m • 4m @ 5.5% Cu from 66m BM7 - New copper discovery 3km south of BM1 • 34m @ 0.6% Cu incl. 10m
Slide 6: BM7 Prospect
BM7 Prospect Concealed large scale copper discovery • Giant near surface footprint • Mineral system widens and is strengthening to the south • 34m @ 0.6% Cu incl. 10m @ 1.6% Cu • 73m @ 0.4% Cu incl. 8m @ 1.0% Cu • 22m @ 0.4% Cu incl. 2m @ 2.9% Cu • 34m @ 0.5% Cu incl. 14m @ 0.8% Cu • 16m @ 0.4% Cu i
Slide 7: Extensive 'End of Hole' Copper at BM7
Extensive ‘End of Hole’ Copper at BM7 • Results from first four lines of aircore drilling include: • 9m @ 1.54% Cu and 1.0% Co from 42m to EOH (end of hole) • 6m @ 0.41% Cu and 438ppm Co from 26m to EOH • 8m @ 0.52% Cu and 364ppm Co from 76m to EOH • 34m @ 0.43% Cu and 238ppm Co from 32m to EOH • 24
Slide 8: BM7 Aircore - 'End of Hole' Cu – Line 1
BM7 Aircore - ‘End of Hole’ Cu – Line 1 8
Slide 9: BM7 Aircore - 'End of Hole' Cu – Line 3
BM7 Aircore - ‘End of Hole’ Cu – Line 3 9
Slide 10: Regional Long Section BM6 to BM7
Regional Long Section BM6 to BM7 Copper mineral system 11km long and open 10
Slide 11: Major land position amongst giant mineral deposits
Major land position amongst giant mineral deposits 11
Slide 12: BM2 Base Metal Prospect
BM2 Base Metal Prospect 800m long +0.25% copper regolith anomaly • WA Govt. co-funded drilling EPT799 - Zinc sulphide (sphalerite) program completed in April • 26m @ 0.60% Cu from 100m • 201m @ 0.61% Zn from 233m to end of hole • Mineralisation remains open to the west and at depth • Modelled EM con
Slide 13: T4 – Copper Prospect
T4 – Copper Prospect Electromagnetics Magnetics Gravity Diamond holes Diamond holes Diamond holes April 2012 April 2012 April 2012 EPT801 EPT801 EPT801 – Copper Sulphides intersected in 2011 13
Slide 14: T4 Copper Prospect
T4 Copper Prospect • Stratigraphic hole EPT 801 intersected disseminated copper sulphides including 0.9m @ 0.84% Cu • Drilling located at the southern end of a +4km long gravity & magnetic anomaly • 5,700m track mounted aircore program completed August 2012 • Copper anomalism adjacent to magnetic an
Slide 15: Yeneena Copper Discovery Timeline
Yeneena Copper Discovery Timeline 2012 Objectives Large scale, high grade copper sulphide discovery 2011 at BM1, BM7 Discovery of copper Drill testing of large scale sulphides at BM1 & T4 T4 copper prospect New copper oxide Follow up base metal 2010 discoveries at BM6 & discovery at BM2 BM7 Greenfie
Slide 16: Sediment Hosted Copper Deposits
20 Sediment Hosted Copper Deposits 18 Central Africa Copper Deposits Paterson Mt Isa 16 Endowment Province 150MT Copper Endowment 14 2.3MT Copper MT Cu (pre mined resources) 12 Deposit style produces giant orebodies 10 Is Nifty the giant of the Paterson? 8 6 4 *includes basement hosted deposits 2 0
Slide 17: Yeneena Copper Discovery
Yeneena Copper Discovery • New greenfields copper discovery made in 2010 • Base metal sulphides discovered at four prospects in 2011 • Early stage indications of a potential new copper province High drilling success rate Large mineralisation footprints Thick, high grade intersections • Land po
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
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