White Cliff Minerals Limited · ASX:WCN
White Cliff Minerals — White Cliff Nickel — Investor Presentation (January 2011)
28 slides from White Cliff Minerals's investor presentation, Feb 2, 2011
Slide 1: Investment Presentation - Copper is King
For personal use only Investment Presentation ‐Copper is King‐ January 2011 Contact: Todd Hibberd Tel: (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 – Initial footprint 350m x 450m ‐ open all directions – 2011 Objective: Copper‐Gold JORC resource • 3 Nickel Sulphide Projects in Western Australia – In
Slide 3: Corporate Summary
Corporate Summary For personal use only • Strong Financial Position • Tight Capital Structure – $1.8 Million in cash – Listed 21 Dec 2007 – $2.2 Million in Joint venture – Share Price $0.145 funding – Market Cap $7M – $4.0 Million total funding – Issued Shares 54.2 million – Options 35.9 million • S
Slide 4: Directors-Management
Directors‐Management For personal use only 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)
Slide 5: Exploration Projects
Exploration Projects For personal use only • Kyrgyz Republic – Chanach Copper‐Gold Project • Australia – White Cliff Nickel – Mt Remarkable Gold and Nickel – Laverton Gold and Nickel – Lake Johnston Nickel and Gold 5
Slide 6: Kyrgyz 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 • Drill Results – 50m at 0.49% Cu – 100m at 0.38% Cu • Rock chips up to 40 g/t gold • Within 100km of major gold dep
Slide 7: Chanach Project Ownership
Chanach Project Ownership For personal use only • Combined 90% controlling Deferred bonus consideration; interest acquired during 2010 via 50:50 joint venture with T2 Gold Pty Ltd (i) USD 500,000 upon • 45% White Cliff Nickel Ltd verification of a 1 million • 45% T2 Gold Pty Limited ounce JORC mea
Slide 8: Location-Infrastructure-Deposits
Location‐Infrastructure‐Deposits For personal use only 8
Slide 9: Porphyry Copper-Gold Deposits
Porphyry Copper‐Gold Deposits Deposits within 100km of Chanach For personal use only Copper Gold Contained Contained Deposit Type Tonnes % (g/t) Copper (Mt) Gold (Oz) 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.
Slide 10: Kyrgyz Political Environment
Kyrgyz Political Environment For personal use only • April 2010 – Corrupt Government overthrown • June 2010 – Referendum to approve new parliamentary democracy – 90.4% Approval of new Government (70% turnout) • October 2010 – Peaceful Parliamentary Elections • December 2011 – Presidential Elections
Slide 11: International Mining in Kyrgyz
International Mining in Kyrgyz For personal use only Contained Contained $USD Company Deposit Gold (Oz) Copper (Mt) Investment Centerra Kumtor 13.5 Million $5B Orsu Taldybulak 3.3 Million 223Kt $10M Charaat Charaat 4.0 Million $96M Manas Shambesai - Obdilla 1.13 Million $5M Kentor Gold Andash 679K 7
Slide 12: Chanach - Copper is King
Chanach ‐ Copper is King For personal use only • Copper mineralisation in 7 RC drill holes including: • 50m at 0.49% Cu including 26m at 0.56% Cu • 100m at 0.38% Cu including 39m at 0.50% Cu • 82m at 0.34% Cu including 7m at 0.55% Cu • 14m at 0.77% Cu including 4m at 1.0% Cu • Similar to nearby Kuru
Slide 13: Geological Interpretation
Geological Interpretation For personal use only Mineralisation open to the North Mineralisation open to the West Mineralisation open to the East Mineralisation open to the South 13
Slide 14: Geological Cross Section
Geological Cross Section For personal use only 14
Slide 15: Chanach North Geology
Chanach North Geology Planned 2011 For personal use only sampling area Planned 2011 sampling area 2010 drilling Planned 2011 drilling area Key targets: several outcropping mineralised porphyries (pink) 15
Slide 16: Chanach Exploration Program
Chanach Exploration Program For personal use only 2011 Exploration Targets 2011 Exploration Methods • Budget of $2,500,000 (100%) • 15 km of bulldozer tracks for access and sampling • Expand copper‐gold mineralisation footprint by 5 • 1000 rock chip samples over times to 800m x 400m x 150m north Cha
Slide 17: Australian Projects
Australian Projects For personal use only • White Cliff – Nickel and gold • Mt Remarkable – Gold and nickel • Laverton – Gold and nickel • Lake Johnston – Nickel and gold • Oakover River – Iron and manganese 17
Slide 18: White Cliff Nickel Project
White Cliff Nickel Project For personal use only • WCN (85% reducing to 50%) • 70 km from Laverton • Covers 1400 sq km • $5 million JV with Daewoo Intl and Korea Resources • Multiple nickel and gold prospects Local Deposits • Nickel – Coglia Well (17.9 Mt at 1.07% Ni) – Mineral Patch Hill (7 Mt at 0
Slide 19: White Cliff Nickel Project
White Cliff Nickel Project For personal use only • New ultramafic belt identified Outline of White Cliff • Greenfield nickel discovery ultramafic – 1m at 2.16% nickel within; – 20m at 1.0% nickel • Two exceptionally strong electromagnetic anomalies identified • Diamond Drilling planned for Q2‐11 (10
Slide 20: White Cliff Nickel Project
White Cliff Nickel Project For personal use only • Two electromagnetic Circular ultramafic anomalies identified magnetic target • Adjacent to edge of Ultramafic unit and major fault • 200m and 350 m deep respectively • Diamond Drilling planned for Q2‐11 (1000m) • Exploration fully funded 20
Slide 21: Mt Remarkable Project
Mt Remarkable Project For personal use only • WCN 100% • 230 km north of Kalgoorlie • Covers 450 sq km • Extensive Greenstone sequences • Prospective for nickel and gold Local Deposits • Nickel – Yerilla Ni‐Co deposits – 135 Mt at 0.77% Ni and 0.05% Co 21
Slide 22: Mt Remarkable Nickel
Mt Remarkable Nickel For personal use only • Crossland Creek Ultramafic Crossland Creek Ultramafic Unit – Strong nickel‐copper soil anomaly – 10 km Ultramafic unit EM Target – Drilling results up to 0.3% Ni – Strong classic Kambalda style MLTEM anomaly identified • Yerilla North Ultramafic Yerilla N
Slide 23: Mt Remarkable Nickel
Mt Remarkable Nickel For personal use only • Electromagnetic anomaly – Adjacent Ultramafic – On major fault – Coincident nickel geochem – Strong classic Kambalda style MLTEM anomaly identified EM Target – 400m wide by 400m long • 1000m RC Drilling in Q1‐11 23
Slide 24: Mt Remarkable Gold
Mt Remarkable Gold For personal use only • La Tosca – Multiple geochemical gold anomalies Federation – Historical drill results with grades up to 30 g/t • Federation La Tosca – New 31 ppb gold in soil anomaly • Yerilla – New gold in soil anomalies • 2000m AC Drilling Q1‐11 Yerilla 24
Slide 25: Other Projects
Other Projects For personal use only • Laverton Gold (100%) • Lake Johnston (100%) – Major new gold project – Ground along strike from – 1200 sq km Norisk’s Emily Anne & – Extensive Greenstones Maggie Hays nickel mines (12Mt @ 1.73% Nickel) – Significant gold results of: – Extensive historical nicke
Slide 26: Exploration Schedule - to Dec 2011
For personal use only Exploration Schedule – to Dec 2011 • Chanach Gold/Copper • Laverton Gold Project Project – Data compilation – Trenching and Sampling – MLTEM – April (Ghan Well) – Diamond/RC drilling – Q2‐ 11 – Air core Drilling – Q3‐11 • White Cliff Project • Lake Johnston Project – Detailed f
Slide 27: 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 28: 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 Level 7, MCA Building 5 Ord Street, Circular Quay West W
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