Ann: Yeneena Copper Exploration Update , page-2

Sydney - Thursday - July 26: (RWE Australian Business News) -
Encounter Resources Ltd (ASX:ENR) says RC and diamond drilling programs
at BM7 have confirmed a new copper discovery at the Yeneena project in
the Paterson Province of Western Australia.
The drilling extends over an area 800m in strike extent that
remains open to the south.
The system appears to widen and strengthen to the south, where
copper mineralisation has been intersected in drillholes across an area
over 1km wide.
The final batch of assay results from the 29 RC pre-collar holes
completed at BM7 have been received.
They have extended the area of near-surface copper mineralisation
to the southeast and northeast with intercepts including:
* 18m at 0.38pc copper and 298ppm cobalt from 46m including 2m at
2.24pc copper from 50m;
* 40m at 0.21pc copper and 143ppm cobalt from 100m including 12m
at 0.40pc copper from 100m;
* 12m at 0.40pc copper and 318ppm cobalt from 40m and
* 12m at 0.24pc copper and 116ppm cobalt from 18m.

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Eight holes have been completed in the 2012 diamond drilling
program at BM7.
The program has successfully intersected zones of copper sulphide
mineralisation below the depth of the RC drilling.
This mineralisation varies from coarse blebby copper sulphide
mineralisation in stockwork-style vein arrays to narrower, strongly
brecciated and sheared zones containing pervasive disseminated copper
sulphide mineralisation.
Assays results have been received from the first two diamond
holes drilled and from a narrow zone sampled in a third hole.
The results include:
* 33m at 0.37pc copper and 221ppm cobalt from 410m including 19m
at 0.47pc copper and 220ppm cobalt from 423m;
* 46m at 0.21pc copper from 148m in EPT1160 and
* 16m at 0.41pc copper and 324ppm cobalt from 498m including 7m
at 0.69pc copper and 319ppm cobalt from 506m in EPT 1167.