White Cliff Minerals Limited · ASX:WCN
White Cliff Minerals — Investor Presentation (March 2016)
25 slides from White Cliff Minerals's investor presentation, Mar 16, 2016
Slide 1: Replacement presentation
For personal use only 16 March 2016 ASX Code: WCN Replacement presentation White Cliff Minerals Limited (ASX: WCN) wishes to replace its presentation entitled “Aucu Gold Deposit: High Grade Gold Deposit with Significant Scale Potential”, which was announced on 15 March 2016, with the attached presen
Slide 2: Aucu Gold Deposit: High Grade Gold Deposit with Significant Scale Potential
For personal use only Aucu Gold Deposit: High Grade Gold Deposit with Significant Scale Potential 2016 Exploration Program 16 March 2016 (This presentation replaces the presentation announced on 15 March 2016.)
Slide 3: Disclaimer
Disclaimer For personal use only Forward Looking Statements • This presentation has been prepared by White Cliff Minerals Limited (“White Cliff”). It contains forecasts and forward looking statements which are no guarantee of future performance and which involve certain risks. Actual results and fut
Slide 4: Investment Highlights
Investment Highlights For personal use only • The Aucu Gold Deposit: – Kyrgyz Republic, Central Asia – 89% Ownership • Discovered in 2014: – High grade deposit – Outcrops at surface – Visible (free) gold – Excellent gold recoveries • Existing JORC Inferred Resource of 156,000 ounces (1.2Mt at 4.2 g/
Slide 5: Investment Highlights
Investment Highlights For personal use only • Major high impact drilling program planned in Q2 2016 – Defining significant gold resource by end December 2016 • Located in major mining region – With strong government support – Very favourable tax regime • Experienced board and management – Strong tra
Slide 6: Corporate Snapshot
Corporate Snapshot For personal use only Capital Structure White Cliff Daily Share Price (Previous 12 months) Shares on issue 1080M Options on issue (3c ex price expiring 30 Sept 2017) 102 M Options on issue (2c ex price expiring 31 Dec 2017) 203 M Options on Issue (1.2c ex price expiring 31 Dec 201
Slide 7: Kyrgyz Republic Overview
Kyrgyz Republic Overview For personal use only • Democratic republic bordering Kazakhstan and China • Strong government support for new mining projects – Prime Minister opening mines – Improved mining law – Secure licence tenure – Strong rule of law • Sharp lift in mining activity-3 new mines opened
Slide 8: Aucu Gold: Four Major Mineralised Zones
Aucu Gold: Four Major Mineralised Zones For personal use only Drill hole UGZ15-32a Drill hole UGZ15-33 • 3m at 41.3 g/t gold • 4m at 60 g/t gold • 1m at 58 g/t JORC Inferred Gold • 1m at 103 g/t • 6m at 3.2 g/t Resource 156,000 Oz • 2m at 43.5 g/t Drill hole UGZ15-35 1.2 Mt at 4.2 g/t • 8m at 55 g/t
Slide 9: The Aucu High Grade Gold Deposit
The Aucu High Grade Gold Deposit For personal use only • Discovered in 2014 with high grade • Exploration Target - 15-20 million gold identified in 2015 including: tonnes at 4-5 g/t. – Four mineralised systems – 8 metres at 55 g/t gold from 86 m – Open along strike (+3 kilometres) – 4 metres at 60 g
Slide 10: Aucu Gold Model
Aucu Gold Model For personal use only ASX:WCNPAGE 9
Slide 11: Upper Gold Zone - Long Section - Size Potential
Upper Gold Zone - Long Section - Size Potential For personal use only 300 m 2400 m ASX:WCNPAGE 10
Slide 12: Aucu Gold: Metallurgy
Aucu Gold: Metallurgy For personal use only • Excellent Gold Recovery • Hosted in Sandstone – 99% overall recovery – Moderate hardness – 88.6% gravity gold recovery – Ease of liberation – From 182 samples representing all – Ease of blasting mineralised drill intersections – Ease of mining – Ease of
Slide 13: Aucu Gold: Infrastructure and Mining
Aucu Gold: Infrastructure and Mining For personal use only • Good infrastructure – Excellent access roads – Within 200 km of rail – Low cost labour – Grid power (US$0.02/kwh) • Close to regional mining hubs – Taraz (175km), Namagan (200km) • New mines in production – Bozymchak (2015) 100 kozpa – Tal
Slide 14: Aucu Gold: Tenure and Physiography
Aucu Gold: Tenure and Physiography For personal use only Project Tenure: • 57.25 km2 permit Aucu Gold System • Valid to Dec 2020 • 4 lodes identified • Each 3000 metres long • Convertible to mining • Free gold at surface permit (25 years) Physiography: • Uninhabited valley • Elevated access road • 2
Slide 15: 2016 Drilling Targeting: Resource Upgrade
2016 Drilling Targeting: Resource Upgrade For personal use only • Extensive drilling campaign – 4000 metres RC – 4000 metres Diamond • Drill out UGZ (red zone) – Existing resources zone – 800 metres of strike – 250 metres depth – 50 by 50m staggered grid • Following up: – 8 metres at 55 g/t gold – 6
Slide 16: 2016 Exploration Targeting: Gold Zones
2016 Exploration Targeting: Gold Zones For personal use only • Lower Gold Zone (East) Upper Gold Zone 8000 metres drilling – 5,000 metres bulldozer cuts – 1,000 metres hand trenching – 2,000 rock chip samples • Eastern Gold Zone – 500 metres bulldozer cuts – Hand trenching • Lower Gold Zone (West) L
Slide 17: Aucu Exploration Schedule
Aucu Exploration Schedule For personal use only Mar Apr May June Q3 Q4 Q1 Q2 Activity 2016 2016 2016 2016 2016 2016 2017 2017 Approvals Roads and Tracks Trenches Drilling Metallurgy Resource Estimate Mining Application This plan represents the Company’s current view of planned exploration and is the
Slide 18: Why invest?
Why invest? For personal use only • High grade deposit High grade gold • Excellent gold recoveries resource • Outcrops at surface - visible (free) gold Significant activity • 4000m RC underway for • 4000m Diamond drilling 2016 • Aiming to commence in Q2 2016 • Existing JORC Inferred Resource of 156,
Slide 19: Important Information
Important Information For personal use only Competent Person Statement • The information in this report that relates to Exploration Targets is based on information compiled by Mr Todd Hibberd, B.Sc Hons (Geol), MSc (mineral economics), Dip Bus, Member AusIMM, Member AICD and an employee of White Cli
Slide 20: Contacts
Contacts For personal use only Todd Hibberd Managing Director T: +61 (8) 9321 2233 Mike Langoulant Chairman T: +61 (8) 9321 2233 White Cliff Minerals Limited T: +61 (8) 9321 2233 A: Suite 2, Level 1, 47 Havelock Street, West Perth WA 6005 | P: PO Box 368, West Perth WA 6872 E: info@wcminerals.com.au
Slide 21: Appendix
For personal use only Appendix 1
Slide 22: Typical Section - Upper Gold Zone
Typical Section - Upper Gold Zone For personal use only Mineralised outcrop Ore zone on track: UGZ15-32a ASX:WCNPAGE 21
Slide 23: Typical Section - Upper Gold Zone
Typical Section - Upper Gold Zone For personal use only Ore zone at UGZ15-33 ASX:WCNPAGE 22
Slide 24: Typical Section - Lower Gold Zone
Typical Section - Lower Gold Zone For personal use only 10 metres Outcropping ore zone Visible gold panned from outcrop ASX:WCNPAGE 23
Slide 25: Typical Section - Lower Gold Zone
Typical Section - Lower Gold Zone For personal use only Interpreting ore zones ASX:WCNPAGE 24
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