High Impact WA Nickel Sulphide Drilling to Commence Next Month
March 2013
RC rig in action at Lake Johnston during 2012 campaign
High Impact WA Nickel Sulphide Drilling to Commence Next Month RC - - PowerPoint PPT Presentation
High Impact WA Nickel Sulphide Drilling to Commence Next Month RC rig in action at Lake Johnston during 2012 campaign March 2013 Disclaimer The material in this presentation (material) is not and does not constitute an offer, invitation or
RC rig in action at Lake Johnston during 2012 campaign
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
this material. WCN, its directors, employees, agents and consultants, shall have no liability, including liability to any person by reason of negligence or negligent misstatement, for any statements, opinions, information or matters, express or implied, arising out of, contained in or derived from, or for any omissions from this material except liability under statute that cannot be excluded. Statements contained in this material, particularly those regarding possible or assumed future performance, costs, dividends, production levels or rates, prices, resources, reserves or potential growth of WCN or, industry growth or other trend projections are, or may be, forward looking statements. Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. Actual results and developments may differ materially from those expressed or implied by these forward looking statements depending on a variety of factors. The Information in this presentation that relates to exploration results, mineral resources or ore reserves is based on information compiled by Mr Todd Hibberd, who is a member of the Australian Institute of Mining and Metallurgy. Mr Hibberd is a full time employee of the company. Mr Hibberd has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and to the activity that he is undertaking to qualify as a Competent Person as defined in the 2004 edition of the `Australian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves (the JORC Code)`. Mr Hibberd consents to the inclusion of this information in the form and context in which it appears in this presentation. 2
3
4
Capital Structure #
Shares 186.1M Options
116.2m - 6c ex price expiring 30/9/2014 5.75m - 25c ex price expiring 30/6/2014
122M Cash (15 March 2013) $1.8M Share Price $0.03 Market Cap $5.6M
Board of Directors
Managing Director Todd Hibberd Executive Chairman Michael Langoulant Non-exec Director Rodd Boland Founders & Directors Shareholding 12%
2012 drill programme generated significant market interest First round of 2013 drilling already starting to generate significant interest - drilling now less than 4 weeks away
# Post settlement of recently approved placement
5
6
7
8
Phase Two drilling early April 2013 Phase Two drilling early April 2013 Phase Three drilling mid 2013
9
Sulphur containing sediment next to ultramafic lava flows Electrical conductors – key drill targets Sulphur containing sediment next to ultramafic lava flows Electrical conductors – key drill targets
10
+500 ppm Nickel in soil anomaly +100 ppm Copper in soil anomalies +100 ppm Copper in soil anomalies
11
Sulphur containing sediment next to ultramafic lava flows Electrical conductors – key drill targets
12
13
14
Old single component EM surveys
15
Old drill results
16
17
18
19