White Cliff Minerals Limited · ASX:WCN
White Cliff Minerals — Investor Presentation (September 2011)
26 slides from White Cliff Minerals's investor presentation, Sep 29, 2011
Slide 1: Investor Presentation September 2011
For personal use only Investor Presentation September 2011 Contact: Todd Hibberd Telephone (08) 9321 2233 Email: info@wcnickel.com.au www.wcnickel.com.au
Slide 2: Presentation Summary
Presentation Summary For personal use only • Corporate Summary • Copper‐Gold Discovery in Central Asia – Initial drill assays of 0.3% ‐ 1.2% copper – Extensive copper mineralisation – 2011/12 Objective: Copper‐Gold JORC resource • Gold and Nickel Sulphide Projects in Australia – Intense EM targets a
Slide 3: Corporate Summary
Corporate Summary For personal use only • Strong Financial Position • Tight Capital Structure – $2.45 Million in cash (30 June) – Listed 21 Dec 2007 – $1.75 Million in Joint venture – Share Price $0.105 funding – Market Cap $7M – $4.2 Million total funding – Issued Shares 67.2 million – Options 5.8
Slide 4: Directors-Management
Directors‐Management For personal use only Todd Hibberd Rodd Boland Managing Director Non Executive Director • Geologist/ Mineral Economist • Corporate Advisor • > 20 years mining and industrial • > 20 years corporate and financial chemistry experience industry experience • Ex Stonehenge Metals Ltd
Slide 5: Exploration Projects
Exploration Projects For personal use only • Kyrgyz Republic – Chanach Copper‐Gold Porphyry • Australia – White Cliff Nickel – Lake Johnston Nickel – Ghan Well Nickel – Mt Remarkable Nickel – Laverton Gold
Slide 6: Kyrgyz Chanach Copper-Gold Project
Kyrgyz Project Kyrgyz Chanach Copper‐Gold Project For personal use only • 45% interest in 93 Km2 project located in core of the highly mineralised 2500 km long Tien Shan gold province in 2010 • Rock chips up to 40 g/t gold • Drill results up to 1.2% copper • Within 100km of major gold deposits conta
Slide 7: Local Gold and Copper Deposits
Local Gold and Copper Deposits For personal use only Gold Deposits Porphyry Copper Deposits
Slide 8: Regional Porphyry Deposits
Regional Porphyry Deposits For personal use only Copper Gold Copper Deposit Type Tonnes Gold (Oz) % (ppm) (Mt) Kalmakyr Porphyry 2500 Mt 0.38 0.50 9.5 40.1 Million Dalnee Porphyry 2800 Mt 0.36 0.35 10.0 31.5 Million Sarycheku Porphyry 200 Mt 0.5 0.1 1.0 643,000 Kuru Tegarek Porphyry 173 Mt 0.59 0.56
Slide 9: Chanach Copper-Gold Porphyry
Chanach Copper‐Gold Porphyry For personal use only • 7 RC drill holes completed 2010, results include: • 4m at 1.0% Cu within 14m at 0.77% Cu • 26m at 0.56% Cu within 50m at 0.49% Cu • 39m at 0.50% Cu within 100m at 0.38% Cu • 7m at 0.55% Cu within 82m at 0.34% Cu • 8 of 12 DD drill holes completed
Slide 10: Geological Interpretation
Geological Interpretation For personal use only Outline of Chalcopyrite- Pyrite mineralisation New Drilling Direction -60 degrees to North
Slide 11: Chanach North Geology
Chanach North Geology Planned 2011 For personal use only sampling area Planned 2011 sampling area Planned 2011 drilling area Key targets: several outcropping mineralised porphyries (pink)
Slide 12: Chanach Exploration Program
Chanach Exploration Program For personal use only 2011 Exploration Targets 2011 Exploration Methods • Expand copper‐gold • 15 km of bulldozer tracks mineralisation footprint by 5 times to 800m x 400m x 150m • 1000 rock chip samples over north Chanach porphyry • Identify JORC Compliant Inferred Resou
Slide 13: Australian Projects
Australian Projects For personal use only Nickel and Gold • White Cliff Nickel • Lake Johnston • Ghan Well • Mt Remarkable • Laverton Gold Iron and Manganese • Oakover River
Slide 14: White Cliff Nickel Project (85>50%)
White Cliff Nickel Project (85>50%) For personal use only • 70 km from Laverton • Covers 1400 km2 • $5 million Joint Venture – Daewoo Intl and Korea Resources earning 50% Local Deposits • Nickel – Coglia Well (17.9 Mt at 1.07% Ni) – Mineral Patch Hill (22 Mt at 0.7%Ni) • Gold – Bright Star Alpha (15
Slide 15: White Cliff Nickel Project (85>50%)
White Cliff Nickel Project (85>50%) For personal use only • Greenfield nickel discovery Outline of White Cliff – 1m at 2.16% nickel within; ultramafic – 20m at 1.0% nickel • Extensive ultramafic inlier with EM and magnetic anomalies • Major alteration system identified Circular ultramafic magnetic •
Slide 16: White Cliff Nickel Project (85>50%)
White Cliff Nickel Project (85>50%) For personal use only • Strong EM conductor Circular ultramafic identified as massive sulphide magnetic target • Drilling identified extensive alteration system – pyrite‐pyrrhotite‐sericite‐ carbonate – Classic Archean lode gold signature geology, mineralogy and a
Slide 17: Lake Johnston Nickel Project (100%)
Lake Johnston Nickel Project (100%) For personal use only • 250km from Kalgoorlie • Covers 1400 km2 • Two nickel mines in belt: • Emily Anne • Maggie Hays • 12Mt @ 1.73% Nickel • Previous nickel sulphide results of: • 16m @ 0.67% Ni inc; • 3m @ 1.7% Ni • 8m @ 0.98% Ni
Slide 18: Lake Johnston Nickel Project (100%)
Lake Johnston Nickel Project (100%) For personal use only • New MLTEM geophysical conductors identified at: • Lake Percy (see image) • Mt Gordon (3) • Current Exploration • MLTEM Surveys • Mt Gordon • Mt Glasse • Bremer Range • Drilling Q1‐12
Slide 19: Laverton-Ghan Well Nickel Project (100%)
Laverton‐Ghan Well Nickel Project (100%) For personal use only • 70km South of Laverton • Covers 50 km2 • 25km ultramafic belt with extensive nickel laterite cap • Geochemistry indicates potential sulphide source • Current Exploration – MLTEM survey – Geochemical analysis
Slide 20: Mt Remarkable Project (100%)
Mt Remarkable Project (100%) For personal use only • 230 km north of Kalgoorlie • Covers 450 km2 • Extensive ultramafic units • Prospective for nickel and gold • Local deposits – Yerilla Ni‐Co deposits – 135 Mt @ 0.77% Ni, 0.05% Co
Slide 21: Mt Remarkable Project (100%)
Mt Remarkable Project (100%) For personal use only • Crossland Creek Ultramafic – Strong nickel‐copper soil anomaly Crossland Creek Ultramafic Unit – 10 km ultramafic unit – Drilling results up to 0.3% Ni Yerilla North • Current Exploration – MLTEM survey – Scout drilling in Q2‐12
Slide 22: Laverton Gold Project (100%)
Laverton Gold Project (100%) For personal use only • 0‐100km around Laverton • Covers ~1200km2 • Extensive greenstones – Significant gold results of: • 8 m@ 8 g/t Au in basalt • 4m @ 5 g/t Au in sediment – Eight new prospects to explore upon tenement granting
Slide 23: Exploration Schedule – to June 2012
Exploration Schedule – to June 2012 For personal use only Project Metal Activity Timing Chanach Copper‐Gold DD Drilling Now White Cliff Nickel‐Gold DD Drilling Oct‐11 Nickel MLTEM Now Lake Johnston DD Drilling Q1‐12 Nickel MMI Q4‐11 Mt Remarkable MLTEM Q1‐12 Nickel MLTEM Q1‐12 Ghan Well DD Drilling
Slide 24: Exploration Summary
Exploration Summary For personal use only • Copper‐Gold Discovery in Central Asia – Initial drill assays of 0.3% ‐ 1.2% copper – Extensive copper mineralisation – 2011/12 Objective: Copper‐Gold JORC resource • Gold and Nickel Sulphide Projects in Australia – Intense EM targets at three projects – 20
Slide 25: Disclaimer and Important Information
Disclaimer and Important Information For personal use only 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 26: Contact Details
Contact Details For personal use only 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 Suite 14, 13 Hickson Road 5 Ord Street, Sydney NSW 2000
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