White Cliff Minerals Limited · ASX:WCN
White Cliff Minerals — Shareholder Meeting (November 2020)
18 slides from White Cliff Minerals's shareholder meeting presentation, Nov 30, 2020
Slide 1: Portfolio of highly prospective Western Australian precious and base metal projects
For personal use only Portfolio of highly prospective Western Australian precious and base metal projects ASX:WCN November 2020
Slide 2: Investor Highlights
Investor Highlights Exposure to gold, copper and nickel For personal use only in tier 1 mining jurisdiction Diversified portfolio: gold, copper, nickel in WA Well funded: ~$2.86m in cash and listed investments Strong news flow: drilling program and resource update (Reedy South), soil sampling progra
Slide 3: Corporate Overview
Corporate Overview Capitalisation Data(1) For personal use only A$0.032 ~517M A$16.5M Share Price A$ Basic S/O Market Cap A$2.86M A$13.6M Cash (2) Enterprise Value Management and Board Michael Soucik Ed Mead Non-Executive Chairman Non-Executive Director Shareholder info Dan Smith Nicholas Ong Top 20
Slide 4: Projects Overview
Projects Overview Portfolio of highly prospective Western Australian precious and base metal projects For personal use only Reedy South Ghan Well Au Co • Cue/Meekatharra goldfields covering 272km² of • Inferred JORC resource: 1.3 million tonnes largely contiguous tenure at 0.9% nickel and 0.07% coba
Slide 5: Management Overview
Management Overview A balanced and qualified team with 40+ years experience in the resource sector and capital markets For personal use only Board of Directors & Management • Michael has 25 years of experience in investment banking and corporate finance, covering mergers and acquisitions, public Mic
Slide 6: Reedy South Highlights
Reedy South Highlights For personal use only • The Reedy South Gold Project is located in the Cue Goldfields of Western Australia, along the high-grade and prolific Reedy Shear Zone. Following the recent Cracker Jack acquisition, the Company holds 272km² of tenure. • The RSZ hosts the South Emu-Trit
Slide 7: Reedy South: Location and Geology
Reedy South: Location and Geology For personal use only • The Project covers 272km2 of the highly prospective Cue goldfields, including along the prolific Reedy Shear Zone (RSZ). The Project comprises one granted mining lease (M20/446) covering the historic underground workings of Pegasus and King C
Slide 8: Reedy South: Maiden JORC Resource
Reedy South: Maiden JORC Resource For personal use only v JORC 2012 compliant maiden Mineral Resource Estimate (MRE, ASX release on 29 October 2020) of 779,000 tonnes at 1.7 g/t Au for 42,400 ounces delivered for Reedy South Gold Project, that includes: v 6,600 ounces of Indicated Resources; and v 3
Slide 9: Paterson Province: the right address
Paterson Province: the right address For personal use only • World-class mineralised province, which is home to the giant Telfer gold-copper mine and the Nifty copper mine. • Highly sought after address, with numerous recent significant discoveries: Havieron (Greatland Gold/Newcrest), Winu (Rio Tint
Slide 10: Midas Cu/Au: Location and Geology
Midas Cu/Au: Location and Geology For personal use only • The Table Top/Coolbro Creek tenement (E45/5107) has surface geology which is approximately 80% outcrop, predominantly comprising Meso to Neoproterozoic Coolbro Sandstone with minor remnant Permian Paterson Formation. The Coolbro Sandstone for
Slide 11: Midas Cu/Au: Exploration
Midas Cu/Au: Exploration For personal use only • 7 areas for gold and copper, generated by structural review and historical work at Table Top and Coolbro Creek, E45/5107 to be tested. • Geochemical sampling program to test gold targets completed. Assays pending. Geochemical program focused on priori
Slide 12: Nickel Projects: Overview
Nickel Projects: Overview Ghan Well For personal use only Maiden nickel and cobalt Inferred Mineral Resource of: • 1.3 million tonnes at 0.9% nickel and 0.07% cobalt above a cut-off grade of 0.8% nickel, containing 11,900 tonnes of nickel and 900 tonnes of cobalt. Coronation Dam • Mineralisation is
Slide 13: Coronation Dam Nickel-Cobalt Project Overview
Coronation Dam Nickel-Cobalt Project Overview For personal use only • The Coronation Dam cobalt project is located 90km south of Glencore’s Murrin Murrin mining operation in WA’s north-eastern goldfields The nickel and cobalt Inferred Mineral Resource consists of 5.7 million tonnes grading 1.0% nick
Slide 14: Ghan Well Nickel-Cobalt Project Overview
Ghan Well Nickel-Cobalt Project Overview For personal use only • The Ghan Well cobalt and nickel project is located in the north-eastern goldfield of Western Australia approximately 70 kilometres from Laverton and 26 kilometres from Glencore’s Murrin-Murrin cobalt and nickel processing plant. • The
Slide 15: Exploration Program: Reedy South Gold & Midas Cu/Au projects
Exploration Program: Reedy South Gold & Midas Cu/Au projects For personal use only Q4 2020 Q1 2021 Reedy South Gold Project Reedy South Gold Project 1. Maiden JORC resource – Completed. 1. Update JORC resource 2. Commence ~4,500m+ drilling program to 2. Maiden soil geochemical sampling grow resource
Slide 16: Reedy South: Historic Drill Results comparable to South Emu / Triton
Reedy South: Historic Drill Results comparable to South Emu / Triton along Reedy Shear Zone (RSZ) For personal use only Reedy South - Significant intercepts at Pegasus include: • 12m @ 5.26g/t from 34m (including 3m @ 13.6g/t) (PGRC10016) • 7m @ 10.86g/t from 30m (PGRC10036) • 4m @ 7.68g/t from 36m
Slide 17: Competent Person Statement & Disclaimer
Competent Person Statement & Disclaimer The information contained in this presentation has been prepared by White Cliff Minerals Limited (Company). For personal use only The information in this report that relates to exploration results is based on, and fairly represents information and supporting d
Slide 18: Contact
For personal use only Contact Ed Mead Technical Director ed@meadcorporate.com +61 8 9486 4036 Website www.wcminerals.com.au LinkedIn www.linkedin.com/company/white-cliff Twitter @CliffMinerals Address Level 8, 99 St Georges Tce Perth WA 6000 18
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