Encounter Defines Extensive Copper-Silver Anomaly at Haddon Prospect in Paterson Province

Encounter Resources Limited ( (AU:ENR) ) has provided an announcement.

Encounter Resources has reported that reconnaissance reverse circulation drilling at its Haddon prospect within the Yeneena Copper Project has defined a laterally extensive copper anomaly, with associated silver, over an area of about 700m by 700m centred on a major regional fault. Significant copper-silver intersections in the RC program, combined with previous aircore results and geophysical interpretation, suggest a fertile mineralised system linked to a prospective black shale horizon similar to that hosting major nearby copper deposits. A co-funded diamond drill hole has intersected the upper part of this black shale unit, with core now under geological review and assays pending, and the company plans to resume deeper diamond drilling in April 2026 to test the basal contact, positioning Haddon as a potentially important growth asset within Encounter’s expanding copper exploration campaign across the Paterson Province.

The most recent analyst rating on (AU:ENR) stock is a Hold with a A$0.41 price target. To see the full list of analyst forecasts on Encounter Resources Limited stock, see the AU:ENR Stock Forecast page.

More about Encounter Resources Limited

Encounter Resources Limited is an Australian mineral exploration company focused on copper and associated metals, with 100% ownership of the Yeneena Copper Project in Western Australia’s Paterson Province. The company is targeting sediment-hosted copper systems in geological settings analogous to established regional deposits such as Nifty and Maroochydore, and is also advancing exploration across its broader Paterson portfolio, including the Yeneena and Lamil projects.

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Current Market Cap: A$237.6M

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