Profile

Enterprise Metals Limited (ASX:ENT) engages in the acquisition and exploration of mineral resources in Western Australia.

Enterprise Metals Limited was incorporated in January 2007 as a public company for the purpose of acquiring Murchison Exploration Pty Ltd and its Revere project gold tenements north east of Meekatharra in Western Australia. The Company was admitted to the ASX on 20 June 2007.

In October 2008, the Company completed the acquisition of Enterprise Metals Ltd and its portfolio of prospective gold, uranium and iron ore projects in Western Australia, and in December 2008, changed its name from Revere Mining Ltd to Enterprise Metals Limited to reflect its broadened portfolio.

The company is based in West Perth, Australia.

Properties

Darlot gold project

The Darlot gold project covers an area of 486 km2 over the southern portion of the Archaean Yandal Greenstone belt in Western Australia. The Project is centred approximately midway between the Bronzewing and Darlot gold mines.

In 2010, Enterprise purchased tenements near the old Yandal Homestead some 22km SE of the Bronzewing Gold Mine operated by Navigator Resources Ltd. The Company's interest centres on the Withers Find and Little Yanbo gold occurrences discovered by past shallow drilling.

A 10km long anomalous oxide gold corridor extends south of Withers Find - Little Yanbo area and through the project tenements, but the fresh rocks below and down-dip from Withers Find and Little Yanbo are essentially untested by deeper drilling.

Doolgunna project

The Company has a strong land position centred approximately 110km northeast of Meekatharra and its tenements cover Palaeoproterozoic rocks affected by the Capricorn Orogen predominantly located within the Yerrida Basin.

The primary target sought is one or more large mesothermal‐style gold stockwork systems and/or volcangenic massive sulphide systems.

Sandfire Resources NL have reported that ground EM surveys identified two major sub-surface conductors in the Narracoota Volcanics, and subsequent drilling defined the DeGrussa mineral resource of 9.62Mt @ 5.5% copper, 1.8g/t gold and 14g/t silver.

Office Address

Enterprise Metals Limited

Level 1, 640 Murray Street,

West Perth WesternAustralia 6005

Australia

Tel:+61-8- 9436 9200

Fax : +61-8-9436 9220

Email: info@enterprisemetals.com.au

www.enterprisemetals.com.au

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