White Cliff Minerals Limited · ASX:WCN
White Cliff Minerals — Investor Presentation (February 2012)
26 slides from White Cliff Minerals's investor presentation, Feb 29, 2012
Slide 1: Investor Presentation February 2012
For personal use only Investor Presentation February 2012 Contact: Todd Hibberd Telephone :+618 9321 2233 Email: info@wcminerals.com.au www.wcminerals.com.au
Slide 2: Disclaimer
For personal use only Disclaimer 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: Presentation Summary
For personal use only Presentation Summary • Corporate Summary • Central Asian Copper‐Gold • Lake Johnston Nickel • White Cliff Nickel • Project pipeline 3
Slide 4: Why Invest?
For personal use only Why Invest? • Strong Financial Position • Tight Capital Structure • Clearly Defined Corporate Strategy • Experienced Management Team • Low Valuation Entry • Potential Catalysts to Drive Equity Re‐rating: – Chanach Copper‐Gold Resource – High risk/reward nickel drilling at Lake
Slide 5: Corporate Summary
For personal use only Corporate Summary • Financial Position • Capital Structure – $1.2 Million in cash (30 Dec) – Listed 21 Dec 2007 – $1.5 Million in Joint Venture – Share Price $0.07 funding – Market Cap $5M – $2.7 Million total funding – Issued Shares 67.2 million – Options 5.8 million • Strike@
Slide 6: Directors-Management
For personal use only Directors‐Management 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 7: Core Business
For personal use only Core Business • Kyrgyz Republic – Chanach Copper‐Gold Porphyry • Australia – Lake Johnston Nickel – White Cliff Nickel – Grass Roots Projects 7
Slide 8: Kyrgyz Republic – Central Asia
Kyrgyz Republic – Central Asia For personal use only • Global copper & gold hotspot • Major copper & gold metallogenic province – 2000km long – From China to Uzbekistan • Politically stable – democratic government • Good road Infrastructure • Major regional mines include: – Kumptor (20 M Oz gold) –
Slide 9: Regional Deposits Chanach
Regional Deposits Chanach For personal use only Charaat Area 7.5 M Oz Gold 1 Mt Copper 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 9
Slide 10: Regional Porphyry Deposits
For personal use only Regional Porphyry Deposits 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 11: Copper-Gold Porphyry Deposits
For personal use only Copper‐Gold Porphyry Deposits • Copper‐gold rich magma injects itself into crust • Deposits are zoned • Typically 100’s of millions to billions of tonnes • Average grades from 0.3% copper to ~1% copper Diagram after Lowell and Guilbert 1970 11
Slide 12: The Chanach Copper-Gold Porphyry (45%)
For personal use only The Chanach Copper‐Gold Porphyry (45%) • Copper‐gold mineralisation associated with Porphyry and Porphyry‐Limestone contact (Skarn) • Potential for 100’s of millions of tonnes • Grades to date range from 0.2% copper ‐ 2% copper • Initial drilling covers 500 by 400 metre area •
Slide 13: Chanach Tenement
Chanach Tenement For personal use only Outcropping Porphyry 2011 Drilling next slide Alteration Targets 13
Slide 14: Interpreted Mineralisation
Interpreted Mineralisation Mineralised Skarn Contact For personal use only Mineralised Porphyry 14
Slide 15: Chanach Drilling Results
For personal use only Chanach Drilling Results • Copper mineralisation in 18 of 20 drill holes, including: • 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 • 80 metres at 0.5% copper in supergene zone including; • 10 metres at 1% copper • 40 metr
Slide 16: Chanach 2012 Exploration Program
For personal use only Chanach 2012 Exploration Program • More drilling, including: – Porphyry ‐ limestone contact (Skarn) – Main Porphyry – Central Porphyry • Extensive soil sampling program over alteration targets (2000 samples) • Ground magnetic survey 16
Slide 17: Australian Projects
Australian Projects For personal use only Nickel, Gold, Base Metals • Lake Johnston Nickel • White Cliff Nickel • Grass Roots projects – Mt Remarkable Nickel – Ghan Well Nickel – Laverton Gold 17
Slide 18: Lake Johnston Nickel Project (100%)
Lake Johnston Nickel Project (100%) For personal use only • 250km from Kalgoorlie • Covers 800 km2 • Two nickel mines in belt: • Emily Anne • Maggie Hays • 12Mt @ 1.73% Nickel • 250km to Port Esperance • 100km to Rail • Existing Infrastructure 18
Slide 19: Lake Percy Prospect
Lake Percy Prospect For personal use only • Historical nickel sulphide results of: • 3m @ 1.7% Ni • 8m @ 0.98% Ni • Several new geophysical nickel targets identified on basal contact of ultramafic • Current Exploration • Diamond Drilling 2012 • Geophysical surveys 19
Slide 20: Mt Gordon Prospect
Mt Gordon Prospect For personal use only • Three strong geophysical nickel targets identified on basal contact of ultramafic • High Priority drill targets • Extensive nickel in laterites at surface but minimal exploration on ultramafic • Current Exploration • Diamond Drilling 2012 • Geophysical surv
Slide 21: 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 22: White Cliff Nickel Project (85>50%)
White Cliff Nickel Project (85>50%) For personal use only • Greenfield nickel discovery – 1m at 2.16% nickel within; – 20m at 1.0% nickel • Extensive ultramafic inlier with EM and magnetic anomalies • Major alteration system identified • $3.25 million in JV funds Nickel targets expended
Slide 23: Grass Roots Projects
Grass Roots Projects For personal use only Nickel Gold • Ghan Well • Red Flag project – Nickel laterite – 8m at 5 g/t – Gold potential • Mt Remarkable • Mineral Patch Hill – 17m at 5g/t – Nickel Laterite • Burtville – 22Mt @ 0.7% nickel • Laverton mineral inventory 23
Slide 24: Exploration Schedule – to Dec 2012
For personal use only Exploration Schedule – to Dec 2012 Project Metal Activity Timing MLTEM Q2‐12 Lake Johnston Nickel DD Drilling Q2‐12 MMI Q3‐12 Copper‐Gold Drilling Q2‐12 Chanach Soil Sampling Q3‐12 Nickel MMI Q2‐12 Mt Remarkable MLTEM Q2‐12 Ghan Well Nickel MLTEM Q2‐12 Laverton Gold‐Nickel MMI
Slide 25: Summary
For personal use only Summary • 2012 Exploration has potential to rerate company • High risk/reward nickel drilling at Lake Johnston • Chanach Copper Gold Project – a sleeping giant – further work will realise scale and potential • Pipeline of good quality grass root projects 25
Slide 26: Contact Details
For personal use only Contact Details 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
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