White Cliff Minerals Limited · ASX:WCN
White Cliff Minerals — Investor Presentation (February 2014)
29 slides from White Cliff Minerals's investor presentation, Feb 18, 2014
Slide 1: Investor Presentation: Kyrgyz High Grade Copper and Gold + Australian Nickel and Copper
For personal use only Investor Presentation Kyrgyz High Grade Copper and Gold + Australian Nickel and Copper February 2014
Slide 2: White Cliff – Investment Overview
White Cliff – Investment Overview For personal use only Kyrgyz Copper‐Gold Project West Australian Nickel Projects • High grade epithermal copper and gold • Lake Johnston Nickel & Copper (100%) at surface; and – Extensive ultramafic rocks • Extensive copper‐gold porphyry system – Multiple high prior
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only Capital Structure Major Shareholders Shares 186.1M Directors and Founders 15% Options Top 20 32% 116.2m ‐ 6c ex price expiring 30/9/2014 122 M 5.75m ‐ 25c ex price expiring 30/6/2014 Top 50 54% Cash (30 December 2013) $0.55 M Top 100 69% Share Price $0.016 Ma
Slide 4: The Chanach Copper-Gold Project
The Chanach Copper‐Gold Project For personal use only The Aucu Deposit The Chanach Deposit • Epithermal copper‐gold • Porphyry copper‐gold – High grade – Moderate grade – 5‐10 metres wide – 100‐500 metres wide – Rock chip channel results: – Drill results (from surface): • 7 metres at 3.8% copper and
Slide 5: Chanach - Option to increase Ownership
Chanach ‐ Option to increase Ownership For personal use only • Option to increase White Cliff’s Pro‐forma Capital Structure ownership in Chanach from 57% Shares 260M Options to 89% by: 116.2m ‐ 6c ex price expiring 30/9/2014 5.75m ‐ 25c ex price expiring 30/6/2014 122 M – acquiring T2Gold’s 32% inte
Slide 6: Location-Access-Infrastructure
Location‐Access‐Infrastructure For personal use only • North‐western Kyrgyz Republic • Excellent access roads • Local Airstrip • 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:WCNPAGE 6
Slide 7: Copper-Gold Targets and Tenure
Copper‐Gold Targets and Tenure For personal use only • Two Copper‐Gold deposits • Multiple porphyry and quartz vein targets defined by: – Surface alteration – Rock sampling – Geological mapping • 83km2 permit – Valid to Dec 2015 – Can be extended for two years – Converts to mining permit (25 years)
Slide 8: Aucu - A High Grade Epithermal System
Aucu ‐ A High Grade Epithermal System For personal use only • High grade copper and gold • Rock chip channel results: – Exposed at surface – 7 metres at 3.8% copper and – Mineralised quartz veins and 30 g/t gold halos 5‐10 metres wide – 10 metres at 1.7% copper – Multiple faults up to 1km – 9 metres
Slide 9: 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 10: Aucu Copper and Gold Assay Results
Aucu Copper and Gold Assay Results For personal use only High grade trench rock chip channel results including: • 7 metres at 3.8% copper and 30.1 g/t gold • 10 metres at 1.8% copper including 1m at 106 g/t gold • 9 metres at 6 g/t gold 1 3 2 ASX:WCNPAGE 10
Slide 11: Aucu 2014 Exploration Plan
Aucu 2014 Exploration Plan For personal use only • Follow up 2013 high grade Planned Trenches: • Blue-50m spaced • Grey -100m spaced copper and gold results Targeting mineralised faults (red) – 2000m trenches at 50‐100 metre spacing to define orientation and scale of deposit. • Drill mineralised zon
Slide 12: Chanach Porphyry Copper Deposit
Chanach Porphyry Copper Deposit For personal use only • Extensive Copper mineralisation identified from surface • 23 of 25 drill holes mineralised (depths ranged from 100‐350m) • Wide zones of mineralisation identified • Significant Copper grades (and associated gold) • 80 metres at 0.5% copper in s
Slide 13: Chanach Interpreted Mineralisation
Chanach Interpreted Mineralisation For personal use only Zone 1 Zone 2 Zone 3 ASX:WCNPAGE 13
Slide 14: Kyrgyz 2014 Exploration Plan
Kyrgyz 2014 Exploration Plan For personal use only Aucu Copper‐Gold Deposit Chanach Copper‐Gold Deposit • Follow up 2013 high grade • Expand mineralised copper and gold results footprint – 2000m trenches at 50‐100 • Drill mineralised zones metre spacing to define – ~1500m of RC drilling orientation
Slide 15: Australian - Nickel and Copper (100%)
Australian – Nickel and Copper (100%) For personal use only • Lake Johnston – Nickel sulphide targets – High Impact drilling Apr 14 – $150,000 in government co‐ funding for drilling MEROLIA • Merolia – Targeting Nova‐Bollinger style nickel and copper LAKE JOHNSTON sulphide systems – EM survey Mar 14
Slide 16: Lake Johnston
Lake Johnston For personal use only • Lake Johnston Region: – Existing nickel mines Lake Percy Geochemistry survey • (Norilsk Nickel) Dec 2013 – Good Infrastructure – 250km to Esperance Port Norilsk Nickel Mines • Mt Glasse Prospect – Multiple EM targets – Anomalous Ni‐Cu‐PGE soils Mt Glasse Planned
Slide 17: Mt Glasse Nickel and Copper (100%)
Mt Glasse Nickel and Copper (100%) For personal use only • Multiple nickel sulphide drill targets – strong conductors – on ultramafic contacts with associated sediments – High Ni‐Cu‐Pt‐Pd soil values • Existing drill results: – 4m at 1.3% Ni and 330 ppm Cu Cross Section – 4m at 1.2% Ni and 500 ppm C
Slide 18: Mt Glasse Cross Section
Mt Glasse Cross Section For personal use only Surface Ni-Cu-Pt-Pd Anomaly ASX:WCNPAGE 18
Slide 19: Merolia Nickel-Copper Project (100%)
Merolia Nickel‐Copper Project (100%) For personal use only • Emerging nickel province with recent discoveries at: – Camelwood (Ni) – Collurabie (Ni‐Cu‐PGE) – Mulga Tank (Ni‐Cu) • In a world class region: – Mt Keith >2 Mt Ni metal Merolia Nickel- Copper Project – Perseverance >1 Mt Ni metal – Kambald
Slide 20: Merolia Ultramafic Complex
Merolia Ultramafic Complex For personal use only • Layered Mafic‐Ultramafic Diorite Hill-Rotorua Complex Intrusive complex • Multiple nickel‐copper and platinum targets – Diorite Hill‐Rotorua complex – Coglia complex • Large landholding (771 km2) • Planned exploration – Electromagnetic survey Coglia
Slide 21: Forward Exploration Schedule
Forward Exploration Schedule For personal use only Q1 Q2 Q3 Q4 Q1 Q2 Q3 Activity Project Commodity 2014 2014 2014 2014 2015 2015 2015 Drilling Lake Johnston Nickel‐Copper April April EM Merolia Nickel‐Copper April April Trenching Aucu Copper‐Gold April Magnetics Aucu‐Chanach Copper‐Gold May Trenchin
Slide 22: White Cliff – Investment Summary
White Cliff – Investment Summary For personal use only Kyrgyz Copper‐Gold Project (89%) West Australian Nickel Projects • Extensive mineralised system • Two highly prospective projects – The high grade Aucu Epithermal – Lake Johnston Nickel‐Copper Deposit Project – The large scale Chanach Porphyry –
Slide 23: 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 24: 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
Slide 25: Appendix 1 - The Kyrgyz Republic
For personal use only APPENDIX 1‐ THE KYRGYZ REPUBLIC ASX:WCNPAGE 25
Slide 26: Kyrgyz Republic – Central Asia
Kyrgyz Republic – Central Asia For personal use only Date Event • Democratic Republic 2010 Democratic Elections • Borders Kazakhstan and 2012 Improved mining laws China • 5 year Permit • Can be extended 2+2 • Good Infrastructure • 25 year exploitation permit • Strong mining culture 2013 Improved tax
Slide 27: International Mining in Kyrgyz
International Mining in Kyrgyz For personal use only Contained Gold Contained $USD Company Deposit (Oz) Copper (kt) Investment Centerra Kumtor 13.5 Million $5B Orsu Taldybulak 3.3 Million 223 $100M Charaat Charaat 5.6 Million $396M* Manas Shambesai ‐ Obdilla 697,000 $43M Robust Andash 679,000 77 $13
Slide 28: Regional Mining Activity
Regional Mining Activity For personal use only Tien Shan‐Copper Belt Deposit Mining Status Terek Sai (Au) Production Bozymchak (Cu‐Au) Production Ishtamberdy (Au) Production Charaat (Au) Approved Kuru Tegarek (Cu‐Au) Exploration ASX:WCNPAGE 28
Slide 29: Regional Mining (100km radius)
Regional Mining (100km radius) For personal use only Contained Contained Deposit Type Tonnes Copper % Gold (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 Kuru Tegerek Porphyry 173 Mt 0.59 0.56 1.02 3.1 Million Bozy
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