White Cliff Minerals Limited · ASX:WCN
White Cliff Minerals — White Cliff Nickel — Investor Presentation (December 2010)
27 slides from White Cliff Minerals's investor presentation, Dec 2, 2010
Slide 1: Investment Presentation
For personal use only Investment Presentation December 2010 www.wcnickel.com.au
Slide 2: Key points
For personal use only Key points • Kyrgyz Chanach Project – Gold – Copper mineralisation identified with rock chip grades up to 7% Copper and 40 g/t Gold – Drilling results pending • White Cliff Nickel Project – MLTEM survey underway over 20km of ultramafic – Fully funded by joint venture partners •
Slide 3: Disclaimer and Important Information
For personal use only Disclaimer and Important Information Competent Person’s Statement Forward‐Looking Statements (continued) The information in this report that relates to Exploration Results is based on information This presentation does not constitute investment advice and has been prepared with
Slide 4: Company Profile
For personal use only Company Profile WHO ARE WE : Gold‐copper and nickel focussed exploration company OUR GOAL: Identify mineable gold‐copper or nickel deposits OUR METHOD: Systematic exploration process Assess ‐ Acquire ‐ Compile – Soil Sample‐ Drill
Slide 5: Corporate Summary
For personal use only Corporate Summary • Strong Financial Position • Tight Capital Structure – $1.8 Million in cash – Listed 21 Dec 2007 – $2.2 Million in Joint venture – Share Price $0.18 funding – Cash backing $0.033 – $4.0 Million total funding – Market Cap $9M – Issued Shares 54.2 million • Cor
Slide 6: People
For personal use only People Michael Langoulant Todd Hibberd Executive Chairman Managing Director • Chartered Accountant • Geologist/ Mineral Economist • > 30 years experience • > 20 years mining and industrial • Finance Director Nyota Minerals Ltd chemistry experience (ASX:AIM listed) • Ex Stonehen
Slide 7: Corporate Strategy
For personal use only Corporate Strategy • Exploration • Acquisition Growth – Discovery of Copper‐Gold and – Project Identification and Nickel deposits via focused evaluation exploration of tenements using – Commodity Market review the latest technologies – Copper‐Gold and Nickel Focus • Organic Gro
Slide 8: Exploration Projects
For personal use only Exploration Projects • Kyrgyz Republic – Chanach Gold and Copper Project • Australia – White Cliff Nickel – Mt Remarkable Gold and Nickel – Laverton Gold and Nickel – Lake Johnston Nickel and Gold
Slide 9: Kyrgyz Project
Kyrgyz Project For personal use only Kyrgyz Chanach Gold‐Copper Project • 45% interest in 93 Km2 project located in core of the highly mineralised 2500 km long Tien Shan gold province • Gold grades up to 40 g/t • Copper grades up to 5% • Within 100km of major gold deposits containing between: – 3 an
Slide 10: Project Acquisition Details
For personal use only Project Acquisition Details • Combined 90% controlling • Deferred bonus consideration; interest acquired during 2010 via 50:50 joint venture with T2 (i)USD500,000 upon Gold Pty Ltd verification of a 1 million • Vendors retain 10% ‐ free ounce JORC measured gold, or carried to B
Slide 11: Local Gold and Copper Deposits
Local Gold and Copper Deposits For personal use only
Slide 12: Chanach North Geology
Chanach North Geology For personal use only Drilling locations Key targets: several outcropping mineralised porphyries (pink)
Slide 13: Chanach North Sampling
Chanach North Sampling For personal use only Altered mineralised porphyry (pink) Sampling and drilling location
Slide 14: Chanach North Drilling
Chanach North Drilling For personal use only Deposit Summary • 6 mineralised zones identified to date • 0.75% average copper grade (rock-chips) • 40-60 metres average width •7 RC drill holes completed –results Dec 2010 • Open in all directions
Slide 15: Geological Interpretation
Geological Interpretation For personal use only Interpreted NNE mineralised zones Interpreted NW mineralised zones
Slide 16: Chanach Exploration Program
For personal use only Chanach Exploration Program 2010 Exploration 2011 Exploration • RC Drilling results pending (920m) • Exploration Planning underway • 1255 bull dozer channel and trench • Around 1000 metres of diamond samples across major structures and and/or RC drilling porphyry zone/skarn con
Slide 17: Australian Projects
Australian Projects For personal use only • White Cliff – Nickel/gold/uranium • Mt Remarkable – Gold and nickel • Laverton – Gold and nickel • Lake Johnston – Nickel and gold • Oakover River – Iron and manganese
Slide 18: Australian Project Summary
For personal use only Australian Project Summary White Cliff (100% >50%) Mt Remarkable (100%) • Greenfield nickel • Nickel drilling results of: discovery – Up to 0.3% in ultramafics • 20m@ 1.0% nickel • Multiple gold soil • 1m @ 2.1% nickel anomalies – Northern tip of 20km long unexplored ultramafic
Slide 19: White Cliff Project
For personal use only White Cliff Project • JV with Daewoo Intl and Korea Resources – Earning 50% – Spending $5 million • Multiple nickel and gold prospects • Covers 1400 sq km • 70 km from Laverton Local Deposits • Nickel – Coglia Well (17.9 Mt at 1.07% Ni) – Mineral Patch Hill (7 Mt at 0.8%Ni) • G
Slide 20: White Cliff Ultramafic Unit
For personal use only White Cliff Ultramafic Unit • Greenfield nickel Outline of White Cliff discovery including: ultramafic – 1m at 2.16% nickel within 20m at 1.0% nickel • Only 5% of ultramafic unit tested to date – Currently testing 20km zone with electro‐magnetic surveys Circular ultramafic magn
Slide 21: Mt Remarkable Nickel Targets
For personal use only Mt Remarkable Nickel Targets • Crossland Creek – Strong nickel‐copper soil anomaly – Ultramafic unit ‐ 10km long – Drilling results up to 0.3% Ni Crossland Creek – Current MLTEM survey • Yerilla Nickel North – Large magnetic target Yerilla North – Adjacent to Heron’s Yerilla Ni
Slide 22: Mt Remarkable Gold Targets
For personal use only Mt Remarkable Gold Targets • Mt Remarkable – Multiple geochemical Federation gold anomalies – Historical drill results with grades up to 30 g/t Mt Remarkable • Yerilla – New gold in soil anomalies • Federation Yerilla – New 31 ppb gold in soil anomaly
Slide 23: Other Projects
For personal use only Other Projects • Laverton Gold (100%) • Lake Johnston (100%) – Major new gold project – Ground along strike from – 1200 sq km of greenstone Norisk’s Emily Anne & terrain acquired Maggie Hays nickel mines – Significant gold results of: (12Mt @ 1.73% Nickel) • 8 m@ 8 g/t Au in ba
Slide 24: News flow-Activity
For personal use only News flow‐Activity Project/Prospect Dec Qtr 10 Mar Qtr 11 June Qtr 11 Sept Qtr 11 Kyrgyz ‐ Chanach Drilling results Data Compilation Trenching/Drilling Drilling White Cliff MLTEM Drilling Drilling Mt Remarkable East MLTEM Drilling Laverton/Ghan Well Drilling MLTEM Lake Johnston
Slide 25: Exploration Schedule – to Dec 2011
For personal use only Exploration Schedule – to Dec 2011 • Chanach Gold/Copper • Laverton Gold Project Project – Data compilation – Awaiting 2010 drilling results – MLTEM – April – Trenching and Sampling – Air core Drilling – Feb 11 – Diamond/RC drilling – June 11 • Lake Johnston Project • White Cli
Slide 26: Company Summary
For personal use only Company Summary • Exploration Activity • Tight Capital Structure – Drilling – 54.2 million share on issue – Geochemistry – 35.9 million options (Strike@25c – Electromagnetic Surveys exp June 2011) – Trenching and sampling – Major holding by management and large investors • Corp
Slide 27: Contact Details
For personal use only Contact Details Todd Hibberd – Managing Director Rodd Boland – Non Executive Director‐ Mike Langoulant – Executive Chairman Investor Relations White Cliff Nickel Limited White Cliff Nickel Limited Suite 2, Murchison House Level 7, MCA Building 5 Ord Street, Circular Quay West W
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