Connect with us

Finance

White Mountain Titanium Investor Report

The Cerro Blanco exploration shows a promising 9 prospects, identified along a 4.5 km strike length.

Published

on

logo
Picture1

WHITE MOUNTAIN TITANIUM CORPORATION
Cerro Blanco : A New Source of High Grade Rutile in Chile

Technology Driven , Environmentally Responsible
www.wmtcorp.com OTCQB: WMTM
March 2015
Confidential Presentation – Not to be reproduced
White Mountain Titanium Corporation, © 2015

Safe Harbor

The information in this presentation, including oral comments, includes “forward-looking statements”.  Because such forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include, but are not limited to, the impact of global events on the titanium and metals industry, global economic conditions, the competitive nature of the markets for specialty metals, and other risks and uncertainties included in the Company’s filings with the Securities and Exchange Commission.  Actual results can differ materially from those forecasted or expected. Additional information concerning such factors is contained from time to time in the Company’s Securities and Exchange Commission filings, copies of which can be obtained from the Company or the SEC’s website.

Cautionary Note to U.S. Investors
The United States Securities and Exchange Commission permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this presentation, such as “resources”, “geologic resources” that the SEC guidelines strictly prohibit us from including in our filings with the SEC, U.S. residents are urged to consider our disclosure, and can review and obtain copies of these filings from the SEC’s websiteWhite Mountain has no  proven or probable reserves as defined under SEC guidelines.

SEE ALSO  Following the financial crisis in 2008, U.S. economy is still vulnerable
Capital Structure and Key Shareholders
table1
Company Overview

A development stage Company progressing its Cerro Blanco Natural Rutile project through BFS to Production

table2
Cerro Blanco Project Location

At an elevation of 700 – 1,100 meters asl, the Project lies approximately 13 km south of the Huasco River

picture2
Regional Geology

Porphyry-style natural rutile mineralization hosted in an altered felsic granite within an iron-copper district

picture3
Mineralisation and Crystal Occurrence

Plum coloured, natural rutile crystals average 140 microns in size and occur in thick, mineralized units

picture4
Cerro Blanco Exploration Targets

Nine prospects have been identified along a 4.5 km strike length, five within the past 2 years; three recent discoveries contain grades at surface of up to 6% TiO2

picture5
Cerro Blanco Project Resource Inventory

Inventory estimate based principally on Las Carolinas drill work : Behre Dolbear NI 43-101 report, July 2013

picture6
GENERAL LAYOUT – CERRO BLANCO PROJECT
picture7
General Mine Layout
picture8
3 development sectorsLas Carolinas
Distal North – East
La CanterraHaulage Profile
Less than 800m to
Crusher and waste dumps
Mine Operation
picture8
  • Almost zero stripping ratio
  • Bench heights 10 m
  • Good condition for quality control, easy to identify transition between ore and waste
  • Mine Fleet:
    • Truck 200 tons
    • FEL 25 yd3
    • Drill PV-275
    • Auxiliary Equipment
LOM Mine Plan – Movement and Production
picture10
Cerro Blanco Project Metallurgy

Optimization / metallurgical testwork, extends back to 2005 and includes a 300mt, two stage piloting

picture11
2005-2007: Metallurgical Studies, SGS Lakefield, Canada:

  • General process scheme development
  • Metallurgical sample mapping
  • Feldspar recovery from tailings study
  • Grindability characteristics study

2009: Metallurgical Studies, SGS Lakefield, Canada:

  • Feldspar recovery optimization
  • Pilot Plant Stage 1 (gravity tables, tap water)
  • Pilot Plant Stage 2 (Knelson, spirals, sea water)

2011: Metallurgical Studies, SGS Lakefield, Canada :

  • Solid-liquid separation(concentrates, tailings)
  • Sodium feldspar recovery studies

2012-2014: Optimization Studies, Santiago, Chile :

  • Flotation reagent alternatives, pH studies
  • Improvements to gravity pre-concentration
SEE ALSO  Immunotherapy companies to keep an eye on
Mining & Processing Flowsheet
picture12
picture13
Cerro Blanco Project Plant Mass Balance

Flowsheet designed to minimize grinding, chemicals; maximize gravity separation, weight pull

picture14
Main On-site Equipment
picture14
Rutile Specification
picture14
DESALINATION PLANT INSTALLATIONS
picture14
DESALINATION PLANT and WATER FLOW BALANCE
picture14
Cerro Blanco Project EIS Application

Baseline environmental monitoring, underway since 2006, provided basis for all encompassing application

Submitted 27 February 2013
1st Addenda March 2014
+700 questions & comments
3rd Addenda February 2015
– 75 questions & comments
Community Involvement On-going
Community Consultation On-going
Cerro Blanco Project Pathway / Timeline
Pathway Receive EIS approval
Finance to BFS and / or
to Production based on:
Solo / Partner / Sell
Timeline July 2013 Update Resource Inventory
Feb 2015 EIS – 3rd Addenda
Receive EIS approval
H1 2015 Drill test High Grade targets
Commence BFS
Complete process optimization
H2 2015 Decide BFS / Production Pathway
Continue Reading

Most Popular