Encounter Resources Limited · ASX:ENR
Encounter Resources — Investor Presentation (July 2010)
16 slides from Encounter Resources's investor presentation, July 2010
Slide 1: Copper Discovery July 2010
Copper Discovery July 2010 ASX : ENR 1
Slide 2: Corporate Information
Corporate Information 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: 79.2m Ordinary Shares (Top 20 ‐ 71%) 2.8m Employee Options Market Cap: $22m @ $0.28/s
Slide 3: Company Snapshot – Diversified Explorer
Company Snapshot – Diversified Explorer • Drilling for “Major New Discoveries” • Experienced & dedicated management 3
Slide 4: Yeneena Project – Paterson Province (WA)
Yeneena Project – Paterson Province (WA) • Major land position in highly endowed mineral belt, now 100% owned (1300 km2) • Multiple commodity targets • Good infrastructure • Potential new copper province • High grade zinc & manganese drill intersections • Major aircore and RC drill program to commen
Slide 5: Major land position amongst giant mineral deposits
Major land position amongst giant mineral deposits 5
Slide 6: BM1 Copper Discovery Timeline
BM1 Copper Discovery Timeline • 2007/08 – Identified regional significance of the McKay Fault which extends to the Nifty copper mine 60km north • June 2009 ‐ Three broad spaced aircore drill traverses intersected highly anomalous copper • Oct 2009 ‐ Diamond program identified a major hydrothermal al
Slide 7: BM1 Discovery Hole
BM1 Discovery Hole EPT 220 ‐ 8m @ 1.09% copper from 24m EPT 220 : 29‐30m 2.8% copper 7
Slide 8: BM1 Copper Discovery
BM1 Copper Discovery • Aircore drilling discovered high grade, shallow copper mineralisation • 4m @ 5.45% copper from 66m • 8m @ 1.09% copper from 24m • 6m @ 1.41% copper from 54m to EOH • Copper regolith anomaly extends over 3km • Mineralisation remains open to the north, south, east and at depth •
Slide 9: BM1 Section A – A’
ae ||| BM1 Section A — A’ 8 8 8 8 8B 8 g 8 8 8 8 8 a a a aA 6m @ 1.41% Cu 24m @ 0.13% Cu from 54m to EOH 16m @ 0.23% Cu from 22m 3m @ 0.18% Cu from 24m from 36m to EOH 10m @ 0.20% Cu from 46m F 200mRL | Pttenrenmar Cover 7 Drill Intersection ~<— +100ppm (0.01%) Cu Yeneena Project Carbonate assays ab
Slide 10: BM1 Section B – B’
ae ||| BM1 Section B — B’ 8 8 8 8 o N z a 8 8 8 g 3 g g 8 m m i 2, 12m @ 0.21% Cu some oi Cu from 28m B 300m 4 OXIDISED SHELF CARBONATES, CHERT & SILTSTONE 1 8m @ 1.09% Cu = from 24m Assays e Pending Md McKay Fault - “etm + 200mRL oO om 4m @ 5.45% Cu 4 3 from 66m 4m @ 0.25% Cu . from 52m 7 L a4im Q
Slide 11: Nifty Copper Deposit
Nifty Copper Deposit Pre‐mined resource figures 11
Slide 12: Copper Resources in WA
Copper Resources in WA Sources: GSWA 2008 resource data Contained copper remaining in resource and company resource statements 12
Slide 13: Global copper resource grade
Global copper resource grade Copper Grade (%) 4.0% in 1900 Estimate 1.07% in 2010 Note: Rise in ore grade in Australia from 1972 onwards is due to Sources: USGS, Mudd (2009) Richard Schodde (2010) startup of the high‐grade Olympic Dam mine Brook Hunt, UBS MinEx Consulting 13
Slide 14: Yeneena Project - The Immediate Focus
Yeneena Project ‐ The Immediate Focus 14
Slide 15: The Next 6 Months - Yeneena Project
The Next 6 Months ‐ Yeneena Project May Jun Jul Aug Sep Oct Nov 4m @ 5.45% Cu AC and RC Drilling (Cu & Mn) BM1, BM2, MN1, MN2 Diamond Drilling (Zn) BM5 Assaying Aircore RC, Diamond Ground Geophysics Gravity Aircore Drilling (8000m) BM1 Follow up RC Drilling (2000m) BM1 Assaying BM1 15
Slide 16: 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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