White Cliff Minerals Limited · ASX:WCN
White Cliff Minerals — Investor Presentation (October 2014)
27 slides from White Cliff Minerals's investor presentation, October 2014
Slide 1: Investor Presentation: Kyrgyz High Grade Gold and Copper, Australian Nickel, Copper and Gold
Investor Presentation Kyrgyz High Grade Gold and Copper Australian Nickel, Copper and Gold October 2014
Slide 2: Disclaimer and Important Information
Disclaimer and Important Information 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 risks. Actual results and
Slide 3: Why Invest?
Why Invest? • High potential for short • Highly active explorer with term Capital Gains multiple drill programs: – Strong share price response – New high grade Central to discoveries (e.g. Sirius Asian gold discovery Resources $0.05 to $4.00 in – Four high quality Australian 2 years) nickel and gold
Slide 4: Executive Summary – Gold and Copper
Executive Summary – Gold and Copper • Chanach Copper‐Gold Project (89%) – Drilling intersects visible gold – Multiple high grade zones from surface including: • 4 metres at 13.6 g/t gold from 50 metres • 4 metres at 23.8 g/t gold from 85 metres • 2 metres at 22 g/t gold from 102 metres – 3000 metres
Slide 5: Executive Summary – Nickel and Gold
Executive Summary – Nickel and Gold • Merolia Nickel and Copper Project (100%) – Soil geochemistry identifies several nickel anomalies • Follow up drilling commencing in Q4 2014 (5,000m RAB) – Electromagnetic surveys targeting sulphides – Oct 2014 • Drilling key targets Q1 2015 (RC‐2000m) • Ironston
Slide 6: Corporate Snapshot
Corporate Snapshot Capital Structure Major Shareholders Shares 449.5M ADE Superfund 18% Options T2 Gold Pty Ltd 16.4% 116.2m ‐ 6c ex price expiring 30/9/2014 5.75m ‐ 25c ex price expiring 30/6/2014 224 M 102.1m ‐ 3c ex price expiring 30/09/2017 Directors and Founders 7% Cash (30 June 2014) $1.0 M To
Slide 7: One Copper-Gold Project: Two Deposits
One Copper‐Gold Project: Two Deposits The Aucu Deposit The Chanach Deposit • Epithermal Gold • Porphyry copper‐gold – High grade (from surface) – Moderate grade – Multiple zones – 100‐500 metres wide – RC drilling results: – Drill results (from surface): • 4 metres at 13.6 g/t gold • 10 metres at 1.
Slide 8: Location-Access-Infrastructure
Location‐Access‐Infrastructure • North‐western Kyrgyz Republic • Excellent access roads • Within 200 km of Rail • 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 8
Slide 9: Chanach Copper-Gold Project Targets
Chanach Copper‐Gold Project Targets • 83 km2 permit • Valid to Dec 2015 • Can be extended for two years • Converts to mining permit (25 years) • Elevation 2200m to 4100m • Multiple porphyry and quartz vein targets ASX:WCNPAGE 9
Slide 10: Aucu Geology and Mineralisation
Aucu Geology and Mineralisation 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 Purple hatch: exposed phy
Slide 11: Aucu Geology and Mineralisation
Aucu Geology and Mineralisation Copper-Gold Zone (CGZ): • 4 metres at 13.6 g/t gold • 4 metres at 23.8 g/t gold • 3 metres at 11.5 g/t gold • 2 metres at 22 g/t gold ASX:WCNPAGE 11
Slide 12: Mineralisation with Visible Gold
Mineralisation with Visible Gold ASX:WCNPAGE 12
Slide 13: Aucu Summary
Aucu Summary • High grade gold • Current Exploration – Exposed at surface – Extensive trenching and – High Grade ~10‐20 g/t gold sampling of fault systems • 2000m of trenches at 100m – Multiple faults (seven) spacing – Each fault up to 1km long • Define orientation and scale of • Significant tonnage
Slide 14: Chanach Copper Deposit
Chanach Copper Deposit • Extensive Copper Mineralisation (Three zones) • 23 of 25 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 metres at 0.5
Slide 15: Chanach Interpreted Mineralisation
Chanach Interpreted Mineralisation Zone 1 Zone 2 Zone 3 ASX:WCNPAGE 15
Slide 16: Chanach Summary
Chanach Summary • Porphyry Copper and Gold • Planned Exploration – Exposed at surface – Reverse circulation drilling of – Wide mineralised zones mineralised zones two and – Simple mineralogy three (~600m) – Moderate grade – Preliminary copper leach test work (oxide component) • Significant scale pot
Slide 17: Australian – Nickel, Copper, Gold (100%)
Australian – Nickel, Copper, Gold (100%) • Merolia‐Coglia – Targeting Nova‐Bollinger style nickel and copper sulphide systems – EM survey Oct 14 – Drilling Nov 14 • Ironstone‐Kelly Gold – High Grade – 24m at 8 g/t gold – Drilling Q1‐2015 ASX:WCNPAGE 17
Slide 18: Merolia Nickel-Copper Project (100%)
Merolia Nickel‐Copper Project (100%) • Emerging nickel province with recent discoveries at: – Nova‐Bollinger (0.5 Mt Ni Eq.) – Camelwood (Ni) – Collurabie (Ni‐Cu‐PGE) – Mulga Tank (Ni‐Cu) Merolia Nickel- • In a world class region: Copper Project – Mt Keith >2 Mt Ni metal – Perseverance >1 Mt Ni meta
Slide 19: Merolia Ultramafic Complex
Merolia Ultramafic Complex • Layered Mafic‐Ultramafic Diorite Hill-Rotorua Complex complex • Multiple nickel‐copper and platinum targets – Diorite Hill contact – Rotorua complex – Coglia complex • Large landholding – 80 km long (771 km2) Coglia Complex ASX:WCNPAGE 19
Slide 20: Diorite Hill and Rotorua Complex
Diorite Hill and Rotorua Complex • Targeting basal contact of layered mafic‐ultramafic McKenna intrusion – Historical Ni‐Cu soil anomalies – VTEM anomalies – Not drill tested • Targeting Nova‐Bollinger Rotorua style nickel and copper sulphide systems ASX:WCNPAGE 20
Slide 21: McKenna Prospect
McKenna Prospect • Strong nickel anomalies – 1000m length McKenna Two Nickel Anomaly – Soil results up to 0.14% nickel – On ultramafic contact • Current activity – Drilling Nov 2014 – Updating magnetics McKenna One Nickel Anomaly – Planning geophysics ASX:WCNPAGE 21
Slide 22: Rotorua Prospect
Rotorua Prospect • Extensive basal ultramafic contact (red line) – 23km strike – Virtually no previous work over the ultramafic • Current activity – Drilling Nov 2014 – 5,000m RAB to test below cover (yellow elipse) ASX:WCNPAGE 22
Slide 23: Coglia Nickel-Copper Prospect
Coglia Nickel‐Copper Prospect • Large ultramafic unit – 7km by 1.5km – Existing drilling includes: Prospective Contacts • 4m at 0.84% nickel, 246ppb Platinum, 50ppb Palladium and 423ppm Copper – Untested at depth – Multiple targets • Planned exploration – Electromagnetic survey – RC drilling (2000m)
Slide 24: Ironstone/Kelly Well Gold Prospects
Ironstone/ Kelly Well Gold Prospects • Northern Goldfields of WA • Ultramafic/basalt contacts • Quartz vein systems Ironstone Gold • Historical drilling results: Kelly Well Gold Prospect Prospect – 24 metres at 8 g/t gold – 8 metres at 4 g/t gold – Open in all directions • 2000 m Drilling – Nov 14 t
Slide 25: Forward Exploration Schedule
Forward Exploration Schedule Oct Nov Dec Q1 Q2 Q3 Q4 Activity Project Commodity 2014 2014 2014 2015 2015 2015 2015 Drilling Aucu Copper‐Gold Oct Nov Apr Drilling Chanach Copper Nov Drilling Merolia Nickel‐Copper Nov Dec Drilling Kelly Well Gold Feb Drilling Ironstone Gold Mar Drilling Coglia Nickel‐
Slide 26: Why Invest?
Why Invest? • High potential for short • Highly active explorer with term Capital Gains multiple drill programs: – Strong share price response – New high grade Central to discoveries (e.g. Sirius Asian gold discovery Resources $0.05 to $4.00 in – Four high quality Australian 2 years) nickel and gold
Slide 27: Contacts
Contacts 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: [email protected] | W: www.wcminerals.c
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