ENR encounter resources limited

Got a mention in the stock head newsletter again based on the...

  1. 4,330 Posts.
    lightbulb Created with Sketch. 1986
    Got a mention in the stock head newsletter again based on the RIO Winu find apparently being massive and to be announced soon?

    Keeping up with the kopper majors

    Independence struck a deal with Encounter Resources (ASX:ENR, trading at 5.8c) on its Yeneena copper-cobalt project. Under the deal, Independence could spend up to $15 million to earn a 70% interest in Yeneena.

    OZ’s deal in the Paterson was with Red Metal (ASX:RDM, trading at 11.5c). It was part of a broader deal on six Red Metal projects across the country. But it was the Yarrie project in the Paterson which had the biggest minimum spend commitment from OZ of $2.5m over two years.

    Two long-term explorers in the Paterson, Antipa Minerals (ASX:AZY, trading at 2.4c) and Sipa Resources (ASX:SRI, 0.8c) are planning an active year on the ground at their existing project areas near Winu, and at newly generated targets using the same geophysical method as Rio is believed to have used.

    Other players in the region Metalicity (ASX:MCT, 1.2c) and Carawine (ASX:CWX, 14.5c) will also be active.

    There are lots of other juniors who have taken up ground in the Paterson. Expect to hear more from them on Winu being confirmed.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
25.0¢
Change
0.010(4.17%)
Mkt cap ! $124.6M
Open High Low Value Volume
24.0¢ 26.0¢ 24.0¢ $109.8K 452.7K

Buyers (Bids)

No. Vol. Price($)
2 21100 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.5¢ 136 1
View Market Depth
Last trade - 14.00pm 20/06/2025 (20 minute delay) ?
ENR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.