ENCOUNTER RESOURCES LIMITED — Investor Presentation 2008

Feb 11, 2008

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Encounter Resources

� Track record as an aggressive and successful explorer

� Board experienced in progressing projects to development

• Quality base metals projects complement uranium portfolio

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Corporate Information

Issued Capital: 69m Ordinary Shares 2m Employee Options Market Cap: $24m @ $0.35/share

Cash: $5.8m

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People

Paul Chapman - Chairman Will Robinson - Managing Director Peter Bewick - Exploration Director Jon Hronsky - Non-Executive Director Kevin Hart - Company Secretary

Experienced team of former WMC / BHP Billiton executives

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Project Portfolio

Calcrete Uranium

Yilgarn / Gascoyne

Base Metals / Unconformity Uranium

Bangemall Basin

Paterson Province

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Project Portfolio

Calcrete Uranium

Targeting Surfical uranium in the northern Yilgarn

• •Near existing quality resources and infrastructure

• •Low discovery cost

Hillview

Large scale, near surface discovery

All calcrete uranium projects Encounter 80% / Avoca 20%, except South Lake Way 60% / 40%

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Hillview Project

Potential to host a large near surface uranium deposit

• Coherent uranium mineralisation

• Intersections include:

• 10m @ 209ppm from surface incl.

  • 6m @ 270ppm U3O8

• 4m @ 287ppm from 6m incl. 3m at 324ppm U3O8

• 15km long anomaly, only a small part tested

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15km
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Encounter 80% / Avoca 20%

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Hillview Project

Potential to host a large near surface uranium deposit

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10m
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1km

Consistent body of mineralisation with no internal dilution. May represent a future bulk mining opportunity.

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Project Portfolio

Base Metals / Unconformity Uranium

Targeting WA Proterozoic basins for uranium and base metals

Bangemall Basin

6 projects over 2,600km[2]

Tchintaby Well – high quality drill targets established

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Tchintaby Well

Large mineralised system with high quality drill targets defined

• Project secured in 2005 to cover

• regional multi element geochemical anomaly

• Major structural position in

• Proterozoic basin

• Six excess mass gravity anomalies

• have been defined adjacent to the regionally extensive Flint Hill

Lineament

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Tchintaby Well

Large mineralised system with high quality drill targets defined

• Typical CRA intersections 10 to 15 metres thick : Zn - 0.5 to 1.0% Cu – 500 to 1000ppm Ag - 5 to 15g/t

• Significant mass anomalies immediately south of prior drilling

• 3D modelling indicates

2km

target depth 150-250m

Encounter 80% / Avoca 20%

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Project Portfolio

Base Metals / Unconformity Uranium

Targeting Proterozoic basins for uranium and base metals

Yeneena JV with Barrick Gold

ENR earning 75% interest

1500 km[2] in under-explored Proterozoic belt hosting three world class mineral deposits

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Paterson Province – Yeneena JV

World class mineral province for base metals and unconformity uranium

• Key structural position in highly

• endowed mineral belt

• Basin margin replicates the geological setting that hosts the Kintyre uranium deposits to the south.

• Database of 750 historical drill holes, none were assayed for uranium

• 5000 drill pulps submitted for re-assay

• for uranium and base metals suite

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Continued Company Growth

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Calcrete Uranium
Advance Project Drill Advanced Build U3O8
Pipeline Targets Inventory
Yilgarn Calcretes Stone Tank Hillview
McPherson’s Bore Yeelirrie Channel
Lake Way
Base Metals / Unconformity Uranium
Advance Project Drill Advanced
Pipeline Targets
Bangemall Basin Tchintaby Well
Yeneena JV
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