White Cliff Minerals Limited · ASX:WCN
White Cliff Minerals — Investor Presentation (January 2013)
24 slides from White Cliff Minerals's investor presentation, Jan 21, 2013
Slide 1: Investment Presentation: Nickel and Copper, Lake Johnston Reloaded
For personal use only Investment Presentation Nickel and Copper Lake Johnston Reloaded January 2013 Contact: Todd Hibberd Telephone :+618 9321 2233 Email: info@wcminerals.com.au www.wcminerals.com.au
Slide 2: Disclaimer
Disclaimer For personal use only The material in this presentation (“material”) is not and does not constitute an offer, invitation or recommendation to subscribe for, or purchase, any security in White Cliff Minerals Limited (“WCN”) nor does it form the basis of any contract or commitment. WCN make
Slide 3: Highlights
Highlights For personal use only • Nickel & Copper - Western Australia – 10 Category One electromagnetic nickel sulphide drill targets identified – 7 targets to be drilled in Q1-2013 – Coincident nickel/copper soil anomalies – $150,000 drill funding from WA government • Copper-Gold – Central Asia –
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only Capital Structure Major Shareholders Shares 112.38M Directors and Founders 20% Options Top 20 35% 32.5m - 6c ex price expiring 30/9/2014 38.25M 5.75m - 25c ex price expiring 30/6/2014 Top 50 51% Cash (30 Nov 2012) $0.6M Top 100 69% Share Price $0.032 12 12 Mi
Slide 5: Lake Johnston Nickel-Copper Project (100%)
Lake Johnston Nickel-Copper Project (100%) For personal use only • Two nickel sulphide mines in greenstone belt: • Emily Anne • Maggie Hays • 14Mt @ 1.82% Nickel • 250km to Esperance Port • 100km to rail • Existing infrastructure 5
Slide 6: Nickel Deposits Occur in Clusters
Nickel Deposits Occur in Clusters For personal use only • Major Nickel Clusters in Southern WA – Forrestania Cluster – Kambalda Cluster • There should be a nickel cluster at Lake Johnston – Emily Anne Mine – Maggie Hays Mine – More??? • Project covers 650 km2 • 40km long zone of prospective ultramaf
Slide 7: Where and How Nickel Deposits Form
Where and How Nickel Deposits Form For personal use only • Ultramafic lava can contain 0.2-0.3% background nickel • Lava flows over sediments containing sulphur • Lava melts the sediments and absorbs the sulphur • Nickel and sulphur form nickel sulphides • Nickel sulphides are heavy and accumulate a
Slide 8: Key Indicators of Nickel Sulphide Deposits
Key Indicators of Nickel Sulphide Deposits? For personal use only • Nickel sulphide deposits: • White Cliff leases have: – Occur in ultramafic rocks with – Extensive ultramafic rocks with high background nickel <0.2% high background nickel <0.2% – Sit on the bottom of lava – 40km of Lava channels ch
Slide 9: Lake Johnston: Multiple Anomalies, Multiple Opportunities
Lake Johnston For personal use only Multiple Anomalies- Multiple Opportunities • Multiple Targets – 10+ new conductive targets – Nickel/Copper and Pt/Pd soil anomalies • 4 Key Areas of Focus – Lake Percy (Drilling) – Mt Gordon (Drilling) – Mt Glasse (EM-Soils) – Bremer Range (EM-Drill) 9
Slide 10: Debrief - Phase One Drilling Program
Debrief- Phase One Drilling Program For personal use only NICKEL • Tested six conductive EM targets on basal contacts • All targets intersected iron sulphides (barren) • Identified background nickel grades (>0.2%) in ultramafic – i.e. fertile for nickel sulphide accumulations – Prospectivity unchang
Slide 11: Phase Two Drill Targets - March 2013
Phase Two Drill Targets- March 2013 For personal use only Lake Percy Mt Gordon Sulphur containing sediment next to ultramafic lava flows Sulphur containing sediment next to ultramafic lava flows Electrical conductors – key drill targets Electrical conductors – key drill targets • Ultramafic rocks-hi
Slide 12: Lake Percy Nickel-Reloaded
Lake Percy Nickel-Reloaded For personal use only • Geophysics identifies four new conductive EM targets – All on basal contacts (good) – Associated Ni/Cu soils (better) – 1000m/4 holes RC – March 13 +100 ppm • New soil geochemistry Copper in soil identifies Ni/Cu/Zn anomalies anomalies • 20km of unt
Slide 13: Mt Gordon Nickel Sulphide Targets
Mt Gordon Nickel Sulphide Targets For personal use only • Three strong EM conductors identified on/near basal Sulphur containing sediment next to ultramafic lava flows contact of ultramafic • Associated nickel-copper soil anomalies Electrical conductors – key drill targets • Associated sediment (sul
Slide 14: Mt Gordon - Interpreted Cross Section
Mt Gordon - Interpreted Cross Section For personal use only • Testing three EM conductors Mt Gordon 1- Interpreted Cross Section prospective for nickel sulphide mineralisation – 1,000m of RC (3 holes) • $150,000 EIS Government drill funding • Drilling commences Q1 2013 14
Slide 15: North Bremer Range - Nickel-Copper Targets
North Bremer Range - Nickel-Copper Targets For personal use only • Basal Ultramafic Contact – Associated sediment (BIF - sulphur source) – Background Ni >0.2% • Strong Soil Anomalies – Nickel +400 to 800 ppm – Copper +80 ppm • Planned Exploration: – Electromagnetic survey – Follow up drilling Q2-13
Slide 16: South Bremer Range - Nickel-Copper Targets
South Bremer Range - Nickel-Copper Targets For personal use only • Basal Ultramafic Contact – Associated sediment (BIF-sulphur source) – Background Ni > 0.2% • Four Strong Conductors – Requires 3 component EM Old single component survey EM surveys • Planned Exploration: – New EM survey to refine tar
Slide 17: Mt Glasse Nickel Sulphide Targets
Mt Glasse Nickel Sulphide Targets For personal use only • Basal Ultramafic Contact – Associated sediments (BIF/Felsic - sulphur source) – Background Ni > 0.2% • Three strong EM conductors – Requires follow up EM survey • Old drill results including: Old drill – 4m at 1.3% Ni and 330 ppm Cu results –
Slide 18: Mt Glasse Nickel Sulphide Targets
Mt Glasse Nickel Sulphide Targets For personal use only • Strong soil anomalies – On basal contact – Felsic sediment – Nickel + 400 - 1200 ppm – Copper > 80 ppm – Platinum-Palladium >50ppb • Planned Exploration: – New EM survey to refine targets – Ni-Cu-Pt soil sampling – Follow up drilling (1,000m)
Slide 19: Summary
Summary For personal use only • Highly leveraged to exploration • Phase Two Exploration success – Drilling Q1-2013 (2000m) • Multiple EM Conductors – EM surveys (50 line km) – Basal ultramafic contacts – Soil sampling (100 line km) – Associated sediments/felsic • Two nickel deposits in entire – Back
Slide 20: Contact Details
Contact Details For personal use only Todd Hibberd – Managing Director Rodd Boland – Non Executive Director- Investor Relations White Cliff Minerals Limited Suite 2, Murchison House White Cliff Minerals Limited 5 Ord Street, Suite 14, 13 Hickson Road West Perth WA 6005 Sydney NSW 2000 Tel:08 9321 22
Slide 21: Appendix One - Chanach Copper-Gold Project
Appendix One - Chanach Copper- Gold Project For personal use only • Major copper & gold metallogenic province – 2000km long – From China to Uzbekistan • Politically stable • Good road Infrastructure • Major regional mines include: – Kumptor (20 M Oz gold) – Makmal (5 M Oz gold) – Kalmakyr (9.5 Mt Cu
Slide 22: The Chanach Copper-Gold Porphyry (45%)
The Chanach Copper-Gold Porphyry (45%) For personal use only • ELEPHANT COUNTRY • Significant Copper grades (and associated gold) • 80 metres at 0.5% copper including; 10 metres at 1% copper • 180 metres at 0.2% copper and 0.15 g/t gold including; • 34 metres at 0.40% copper and 0.26 g/t gold • Pote
Slide 23: Regional Deposits Chanach
For personal use only Regional Deposits Chanach Charaat Area 7.5 M Oz Gold 1 Mt Copper Chanach Terek Sai Area 7.5 M Oz Gold Kochbulak Area 10 M Oz Gold Kalymakyr Area 90 M Oz Gold Major Copper-Gold 25 Mt Copper Metallogenic Belt 23
Slide 24: Interpreted Mineralisation
For personal use only Interpreted Mineralisation 250 500 24 0 Metres
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