White Cliff Minerals Limited · ASX:WCN
White Cliff Minerals — Investor Presentation (October 2014)
27 slides from White Cliff Minerals's investor presentation, Sep 30, 2014
Slide 1: Investor Presentation
For personal use only Investor Presentation Kyrgyz High Grade Gold and Copper Australian Nickel, Copper and Gold October 2014
Slide 2: Disclaimer and Important Information
Disclaimer and Important Information 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 ris
Slide 3: Why Invest?
Why Invest? For personal use only • High potential for short • Highly active explorer with term Capital Gains multiple drill programs: – Strong share price response – New high grade Central to discoveries (e.g. Sirius Asian gold discovery Resources $0.05 to $4.00 in – Four high quality Australian 2
Slide 4: Executive Summary – Gold and Copper
Executive Summary – Gold and Copper For personal use only • Chanach Copper‐Gold Project (89%) – Drilling intersects visible gold – Multiple high grade zones from surface including: • 4 metres at 13.6 g/t gold from 50 metres • 4 metres at 23.8 g/t gold from 85 metres • 2 metres at 22 g/t gold from 10
Slide 5: Executive Summary – Nickel and Gold
Executive Summary – Nickel and Gold For personal use only • Merolia Nickel and Copper Project (100%) – Soil geochemistry identifies several nickel anomalies • Follow up drilling commencing in Q4 2014 (5,000m RAB) – Electromagnetic surveys targeting sulphides – Oct 2014 • Drilling key targets Q1 2015
Slide 6: Corporate Snapshot
Corporate Snapshot For personal use only Capital Structure Major Shareholders Shares 449.5M ADE Superfund 18% Options T2 Gold Pty Ltd 16.4% 116.2m ‐ 6c ex price expiring 30/9/2014 5.75m ‐ 25c ex price expiring 30/6/2014 224 M 102.1m ‐ 3c ex price expiring 30/09/2017 Directors and Founders 7% Cash (3
Slide 7: One Copper-Gold Project: Two Deposits
One Copper‐Gold Project: Two Deposits For personal use only The Aucu Deposit The Chanach Deposit • Epithermal Gold • Porphyry copper‐gold – High grade (from surface) – Moderate grade – Multiple zones – 100‐500 metres wide – RC drilling results: – Drill results (from surface): • 4 metres at 13.6 g/t
Slide 8: Location-Access-Infrastructure
Location‐Access‐Infrastructure For personal use only • North‐western Kyrgyz Republic • Excellent access roads • Within 200 km of Rail • Close to regional mining support hubs – 175km to Taraz – 200km to Namagan • Near operating mines – Terek Sai (Au) – Bozymchak (Cu‐Au‐Ag) – Ishtamberdy (Au) ASX:WCN
Slide 9: Chanach Copper-Gold Project Targets
Chanach Copper‐Gold Project Targets For personal use only • 83 km2 permit • Valid to Dec 2015 • Can be extended for two years • Converts to mining permit (25 years) • Elevation 2200m to 4100m • Multiple porphyry and quartz vein targets ASX:WCNPAGE 9
Slide 10: Aucu Geology and Mineralisation
Aucu Geology and Mineralisation For personal use only Target zone: +1km2 alteration system Purple hatch: exposed alteration (quartz-sericite-pyrite) Mineralised faults: • Main exploration target • Part of an extensive fault system • Three zones • See next slide Blue oval: +1km2 alteration system Pur
Slide 11: Aucu Geology and Mineralisation
Aucu Geology and Mineralisation For personal use only Copper-Gold Zone (CGZ): • 4 metres at 13.6 g/t gold • 4 metres at 23.8 g/t gold • 3 metres at 11.5 g/t gold • 2 metres at 22 g/t gold ASX:WCNPAGE 11
Slide 12: Mineralisation with Visible Gold
Mineralisation with Visible Gold For personal use only ASX:WCNPAGE 12
Slide 13: Aucu Summary
Aucu Summary For personal use only • High grade gold • Current Exploration – Exposed at surface – Extensive trenching and – High Grade ~10‐20 g/t gold sampling of fault systems • 2000m of trenches at 100m – Multiple faults (seven) spacing – Each fault up to 1km long • Define orientation and scale of
Slide 14: Chanach Copper Deposit
Chanach Copper Deposit For personal use only • Extensive Copper Mineralisation (Three zones) • 23 of 25 drill holes mineralised • Drill hole depths ranged from 100m to 350m • Significant Copper grades (and associated gold) • 80 metres at 0.5% copper in supergene zone including; • 10 metres at 1% cop
Slide 15: Chanach Interpreted Mineralisation
Chanach Interpreted Mineralisation For personal use only Zone 1 Zone 2 Zone 3 ASX:WCNPAGE 15
Slide 16: Chanach Summary
Chanach Summary For personal use only • Porphyry Copper and Gold • Planned Exploration – Exposed at surface – Reverse circulation drilling of – Wide mineralised zones mineralised zones two and – Simple mineralogy three (~600m) – Moderate grade – Preliminary copper leach test work (oxide component) •
Slide 17: Australian – Nickel, Copper, Gold (100%)
Australian – Nickel, Copper, Gold (100%) For personal use only • Merolia‐Coglia – Targeting Nova‐Bollinger style nickel and copper sulphide systems – EM survey Oct 14 – Drilling Nov 14 • Ironstone‐Kelly Gold – High Grade – 24m at 8 g/t gold – Drilling Q1‐2015 ASX:WCNPAGE 17
Slide 18: Merolia Nickel-Copper Project (100%)
Merolia Nickel‐Copper Project (100%) For personal use only • Emerging nickel province with recent discoveries at: – Nova‐Bollinger (0.5 Mt Ni Eq.) – Camelwood (Ni) – Collurabie (Ni‐Cu‐PGE) – Mulga Tank (Ni‐Cu) Merolia Nickel- • In a world class region: Copper Project – Mt Keith >2 Mt Ni metal – Pers
Slide 19: Merolia Ultramafic Complex
Merolia Ultramafic Complex For personal use only • Layered Mafic‐Ultramafic Diorite Hill-Rotorua Complex complex • Multiple nickel‐copper and platinum targets – Diorite Hill contact – Rotorua complex – Coglia complex • Large landholding – 80 km long (771 km2) Coglia Complex ASX:WCNPAGE 19
Slide 20: Diorite Hill and Rotorua Complex
Diorite Hill and Rotorua Complex For personal use only • Targeting basal contact of layered mafic‐ultramafic McKenna intrusion – Historical Ni‐Cu soil anomalies – VTEM anomalies – Not drill tested • Targeting Nova‐Bollinger Rotorua style nickel and copper sulphide systems ASX:WCNPAGE 20
Slide 21: McKenna Prospect
McKenna Prospect For personal use only • Strong nickel anomalies – 1000m length McKenna Two Nickel Anomaly – Soil results up to 0.14% nickel – On ultramafic contact • Current activity – Drilling Nov 2014 – Updating magnetics McKenna One Nickel Anomaly – Planning geophysics ASX:WCNPAGE 21
Slide 22: Rotorua Prospect
Rotorua Prospect For personal use only • Extensive basal ultramafic contact (red line) – 23km strike – Virtually no previous work over the ultramafic • Current activity – Drilling Nov 2014 – 5,000m RAB to test below cover (yellow elipse) ASX:WCNPAGE 22
Slide 23: Coglia Nickel-Copper Prospect
Coglia Nickel‐Copper Prospect For personal use only • Large ultramafic unit – 7km by 1.5km – Existing drilling includes: Prospective Contacts • 4m at 0.84% nickel, 246ppb Platinum, 50ppb Palladium and 423ppm Copper – Untested at depth – Multiple targets • Planned exploration – Electromagnetic survey
Slide 24: Ironstone/Kelly Well Gold Prospects
Ironstone/ Kelly Well Gold Prospects For personal use only • Northern Goldfields of WA • Ultramafic/basalt contacts • Quartz vein systems Ironstone Gold • Historical drilling results: Kelly Well Gold Prospect Prospect – 24 metres at 8 g/t gold – 8 metres at 4 g/t gold – Open in all directions • 2000
Slide 25: Forward Exploration Schedule
Forward Exploration Schedule For personal use only Oct Nov Dec Q1 Q2 Q3 Q4 Activity Project Commodity 2014 2014 2014 2015 2015 2015 2015 Drilling Aucu Copper‐Gold Oct Nov Apr Drilling Chanach Copper Nov Drilling Merolia Nickel‐Copper Nov Dec Drilling Kelly Well Gold Feb Drilling Ironstone Gold Mar D
Slide 26: Why Invest?
Why Invest? For personal use only • High potential for short • Highly active explorer with term Capital Gains multiple drill programs: – Strong share price response – New high grade Central to discoveries (e.g. Sirius Asian gold discovery Resources $0.05 to $4.00 in – Four high quality Australian 2
Slide 27: 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
White Cliff Minerals — Investor Presentation (October 2014) on 6ix