ENR 1.49% 34.0¢ encounter resources limited

re: Ann: Assays Confirm High Grade Copper Int... Sydney - Monday...

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    re: Ann: Assays Confirm High Grade Copper Int... Sydney - Monday - June 27: (RWE Aust Business News) - Encounter
    Resources (ASX:ENR) has assay results from a mineralised intersection at
    the BM1 prospect, Yeneena project.
    On 8 June 2011 the company reported that drill hole EPT751 had
    intersected strong copper mineralisation over a 10 metre interval
    commencing from 32 metres.
    The assay results from this intersection have returned 10.1m at
    6.8pc copper from 31.9m, including an interval of 2.8m at 12.3pc copper
    and 156 g/t silver.
    The mineralised system at BM1 has demonstrated the capacity to
    generate high grade, near surface copper mineralisation.
    The intersection in EPT751 represents the highest grade copper
    assay achieved to date at BM1.
    A 70cm zone of black shale from 34m returned an assay result of
    28.8pc copper and 178 g/t silver.
    Based on grades and visual identification the the dominant copper
    mineral in this zone appears to be chalcocite.
    A systematic program of north-south RC drill traverses to a depth
    of 120m is currently in progress to determine the orientation and extent
    of the mineralised horizon intersected in EPT751.
 
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