White Cliff Minerals Limited · ASX:WCN
White Cliff Minerals — Investor Presentation (August 2012)
26 slides from White Cliff Minerals's investor presentation, Aug 14, 2012
Slide 1: Investment Presentation
For personal use only Investment Presentation Nickel and Copper Copper and Gold August 2012 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: Summary and Highlights
Summary and Highlights For personal use only • Nickel & Copper -Western Australia – Sirius Nova nickel-copper discovery re-ignites focus on Lake Johnston nickel and copper project – 20 nickel sulphide drill targets – Drilling to commence Q4 2012 – $230,000 drill funding from WA government • Copper-G
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only Board - Management Major Shareholders Capital Structure Todd Hibberd Thorney Fund 3% Shares 67.2M managing director Directors and Options 30% Strike@25c 5.8M Michael Langoulant Founders expire 06/2014 executive chairman Cash $0.6M Rodd Boland (30 June 2012) n
Slide 5: Core Business
Core Business For personal use only • Australia – Lake Johnston Nickel & Copper Project • Kyrgyz Republic – Chanach Copper-Gold Porphyry 5
Slide 6: Lake Johnston Nickel-Copper Project (100%)
Lake Johnston Nickel-Copper Project (100%) For personal use only • 250km from Kalgoorlie • Covers 650 km2 • Two nickel sulphide mines in belt: • Emily Anne • Maggie Hays • 14Mt @ 1.82% Nickel • 250km to Port Esperance • 100km to Rail • Existing Infrastructure 6
Slide 7: Multiple Prospects - Multiple Nickel Targets
Multiple Prospects- Multiple Nickel Targets For personal use only • Key prospects – Lake Percy – Mt Gordon – Bremer Range – Mt Glasse • Multiple Nickel Targets – 20 EM conductors • Discovery Potential 7
Slide 8: Lake Percy Nickel and Copper Targets
Lake Percy Nickel and Copper Targets For personal use only • Nine new nickel sulphide EM targets • Four copper targets • EM targets similar to Nova discovery and on/near basal contact of ultramafic • Nickel sulphides identified in old drilling include 3m @ 1.7% Ni • 1000m Diamond Drilling 8
Slide 9: Lake Percy Nickel vs. Norilsk Mines - Plan View
Lake Percy Nickel vs. Norilsk Mines - Plan View For personal use only Lake Percy - WCN Nickel Mines – Norilsk Same Stratigraphy Discovery Potential Same Geology 9
Slide 10: Lake Percy Nickel vs. Norilsk Mine - Section
Lake Percy Nickel vs. Norilsk Mine - Section For personal use only Lake Percy – WCN Nickel Mine - Norilsk 10
Slide 11: Mt Gordon Nickel Sulphide Targets
Mt Gordon Nickel Sulphide Targets For personal use only • Four strong EM conductors identified on/near basal contact of ultramafic • Associated nickel-copper soil anomalies • Same Geology as Norilsk Nickel mines • Similar EM conductors to Nova nickel-copper discovery 11
Slide 12: Mt Gordon 1 - Cross Section
Mt Gordon 1- Cross Section For personal use only • Four EM Conductors • Three diamond drill holes planned – 1000m • $140,000 EIS Government drill funding • Drilling commences Q4 2012 12
Slide 13: Bremer Range Nickel-Copper Targets
Bremer Range Nickel-Copper Targets For personal use only • Four strong geophysical EM conductors identified on/near basal contact of ultramafic • Overlying Nickel laterite – Ultramafic at depth – BIF unit (cf. Norilsk) – Minimal Exploration • Planned Exploration: – geophysics to refine targets – dia
Slide 14: Mt Glasse Nickel Sulphide Targets
Mt Glasse Nickel Sulphide Targets For personal use only • Three strong geophysical EM Conductors targets identified on/near basal contact of ultramafic • Overlying Nickel laterite – Ultramafic at depth – BIF unit (cf. Norilsk) – Minimal Exploration • Planned Exploration: – geophysics to refine targe
Slide 15: Lake Johnston - Summary
Lake Johnston - Summary For personal use only • Multiple EM conductors similar to Nova conductors • Drilling first 6 EM conductors – Q4 2012 – 2000 metres • Two operating nickel mines in entire belt- More to be found! • Highly leveraged to exploration success 15
Slide 16: Chanach Copper-Gold
Chanach Copper- Gold For personal use only Kyrgyz Republic – Central Asia • 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
Slide 17: 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 18: 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 18
Slide 19: Regional Porphyry & Epithermal Deposits
Regional Porphyry & Epithermal Deposits For personal use only Copper Gold Copper Deposit Type Tonnes Gold (Oz) % (ppm) (Mt) Kalmakyr Grp Porphyry 5.5 Gt 0.38 0.35 25 90 Million Kuru Tegarek Porphyry 173 Mt 0.59 0.56 1.0 3.1 Million Charaat Epithermal 33 Mt 4.1 5.6 Million Terek Sai Epithermal ~23 Mt
Slide 20: Chanach Tenement
For personal use only Chanach Tenement Outcropping Porphyry 2011 Drilling (next slide) Alteration Targets 20
Slide 21: Chanach Drilling Results
Chanach Drilling Results For personal use only • Extensive Copper Mineralisation • 18 of 20 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% copper • 40 met
Slide 22: Interpreted Mineralisation
Interpreted Mineralisation Mineralised Skarn Contact For personal use only Planned Drilling 2012 0 250 500 Metres Mineralised Porphyry 22
Slide 23: Chanach 2012 Exploration Program
Chanach 2012 Exploration Program For personal use only • Objective 1: Double size of mineralised footprint – Extend main mineralised zone (500-1000m RC drilling) – Test Porphyry - limestone contact (Skarn) – Test gold zones • Objective 2: Identify core of Porphyry system – Extensive soil sampling pr
Slide 24: Exploration Schedule/News flow to Dec 2012
Exploration Schedule/News flow – to Dec 2012 For personal use only Project Commodity Activity Timing MLTEM Q4-12 Lake Johnston Nickel DD Drilling Q4-12 MMI Q4-12 Copper-Gold Drilling Q4-12 Chanach Soil Sampling Q4-12 MMI = Mobile Metal ion soil geochemical sampling MLTEM = Moving Loop Electromagneti
Slide 25: Summary
Summary For personal use only • Highly leveraged to exploration success – Sirius Nova nickel-copper discovery reignites interest in exploration sector – High risk/reward nickel and copper drilling at Lake Johnston • Chanach Copper-Gold Project – Drilling to expand copper-gold mineralisation zone – a
Slide 26: 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
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