Yeneena Project

YENEENA & TELFER REGION PROJECTS

Encounter holds exploration tenure over 2,000km² of the Paterson Province in Western Australia (WA), that hosts the Telfer gold-copper mine and the Nifty copper mine. Encounter is actively exploring for gold-copper deposits in the Telfer region as well as copper-cobalt and zinc-lead deposits at Yeneena (Figure 1).

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Figure 1: Yeneena and Telfer region tenements

The Company's gold portfolio includes Telfer West, a recent shallow, high grade gold discovery and East Thomson's Dome that includes a large scale gold soil anomaly identified adjacent to high grade outcropping gold reefs.

The copper-cobalt and zinc-lead prospects identified at Yeneena are located adjacent to major regional faults and have been identified through electromagnetics, geochemistry and structural targeting.

Separate to the projects in the Paterson Province, Encounter has a project generation alliance covering northern WA with Australia's largest gold mining company, Newcrest Mining Limited (ASX:NCM) (Figure 2). Encounter controls exploration tenure of 4,200km² in the Tanami region in WA. The West Tanami tenements are currently being assessed under the project generation alliance with Newcrest Mining Limited.

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Figure 2 - Regional Location Plan