The Terra Project
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Safe Harbor Statement “Safe Harbor� Statement under Private Securities Litigation Reform Act of 1995: Statements in this presentation regarding WMTN/ Terra Mining Corporation business, which are not historical facts, are "forward-looking statements" that involve risks and uncertainties and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking as a result of either the matters set forth or incorporated in this presentation. Specifically, the pro-forma financial summaries and balance sheet are a possible projections of future results based on the WMTN/ Terra Mining Corporation business plan. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's most recent Form 10-Q and 10-K. Investors and prospective investors should read this presentation in conjunction with the Company's reports on Form 10-K, Forms 10-Q, and other documents as filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this presentation.
The Terra Project
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Terra Project
u High-Grade Gold Project u Known Resource u Multi-Million Ounce Potential u Gold Production for 2013
The Terra Project
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Our Team Greg Schifrin Founder and President Minex Exploration & Selkirk Environmental, President and CEO, President & Director
Director Silver Verde May Mining Company, CEO Golden Eagle Mining, BSc in Geology
James Baughman Co-founder High Plains Uranium, led successful TSX IPO (2005); Director & CEO COO & Director
Big Bear Mining, Bsc Geology
Mark Scott Significant financial, capital market and relations experience in public microcap CFO, Secretary & Treasurer
gold, silver and technology companies.
Mike Lavigne 30 Years experience in financing small caps Director
Principal of Capital Peak Partners and CEO of Silver Verde mining
Kevin Cassidy Managing Member and Founder of Logic International Consulting Director
Former COO of Bank Julius Baer and Managing Director of UBS
The Terra Project
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u High grade deposits are extremely hard to find. u The number of 1Million+ oz. deposit discoveries continues to decline. Click here to view the entire report
Alaska Gold Deposits
Terra Project -130 miles northwest of Anchorage
344 Alaska State Mining Claims -54,000 acre land position
The Terra Project
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Alaska Gold Deposits u Numerous World Class Gold Deposits in mine friendly jurisdiction u 3 of top 5 gold producers in the world are investing billions of dollars into the Tintina Gold Belt: Barrick, Newmont and Anglo American u Tintina Gold Belt estimates at 180 Million ounces Company
Deposit
Au-Oz(Million)
Kiska Metals
Whistler
3.35
Fort Knox
5.729
Pebble
107
Livengood
20.6
Donlin Creek
39
Pogo
5
Nixon Fork
0.3
Golden Zone
0.8
Sale Pending
Terra
0.2*
*New 43-101 due 4Q 2012
Kinross Anglo American/ Northern Dynasty International Tower Hill Barrick/Nova Gold Teck Fire River Alix Resource Corp WestMountain
The Terra Project
Cu lbs (billion)
81
Mo lbs (billion)
5.6
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u 50 years ago this area was undetected because it was covered in ice u Today, this melted glacier has exposed the high-grade vein system with visible gold The Terra Project
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Tintina Gold Deposits & Terra Project Project Attributes: u Glaciers receding exposed High Grade Gold Bearing Veins: • with exposures over 2 Km (1.2mi) with depths of 1000+ feet • steeply dipping and continuous • open ended at depth and laterally • rich gold concentrations – ore shoots with greater than 10 oz per ton gold u Infrastructure in place - existing runway, 25 man camp, internet u 700 meters of the 2000m Ben Vein system has been drilled to date (65% yet to be drilled) u New 43-101 due 4Q 2012 with significant increase in gold projected u Developing large scale gold targets u Pilot mill construction and initial gold production completed in 2012 u Ramp up of gold production in 2013 The Terra Project
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BEN & FISH VEIN RESOURCE MAP Ben vein area yet to be drilled
Additional resource expansion
Ben vein & current 43-101
Ben & Fish veins New 43-101 area
The Terra Project
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Ben Vein
HILLSIDE VIEW OF THE BEN VEIN
u High grade vein system with extensive strike length & depth u 2 Km zone with stockwork veins u Defined bonanza Gold veins u Over 2000 samples collected from property u All drill holes have intersected economic gold grades
The Terra Project
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Claim Map
Core drilling to date has been focused on only 3 of the total 344 claims (less than 1%).
26 separate veins within the Ben vein system have been identified through core drilling.
The Terra Project
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Claim Map
Camp & Airstrip
Ben Vein
Camp Midway (porphyry) Ice Vein
Other currently identified resource prospects on the property.
The Terra Project
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Porphyry Target
AERIAL VIEW OF THE TERRA PROJECT u u u u u u
The Terra Project
Emerging Porphyry District Large Bulk Tonnage Mine Target 85 sq. mile project with favorable geology Breezy’s Breccia area identified 2006 Camp Midway area identified 2011 Geochemistry similar to other known Alaska gold deposits in the Fairbanks district
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For the past several years the exploration phase has consisted of a successful drilling program with gold identified at each hole. 2012 included an additional 3,800 feet of core drilling.
Drill Results
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2012 field season ended with the construction and completion of our on-site pilot mill. Click on the link to see a short video of the mill. WestMountain Gold Pilot Mill Video
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Ø Maintains value over time Ø A safe harbor for over 5000 years Ø Central banks around the world, including China, Russia and India are increasing their gold reserves Ø Surging U.S debt levels Ø Increased U.S. currency supply
The Terra Project
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QUADRUPLED IN 10 YEARS
The Terra Project
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QE1 QE2
QE3
…QE? 21
Ø Continued borrowing and printing of money by Fed has lowered the value of the dollar Ø Latest QE has $40 billion/month being printed for the next 3 years and beyond The Terra Project
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Ø Side by side chart shows the value of gold tracking with the amount of debt Ø Most analysts are not anticipating the amount of debt coming down Ø This chart reflects only debt in the U.S.
2012 IN REVIEW u Completed 3,800 foot drill program u Drilled an additional hole on the Fish vein u Surface exploration on porphyry target u Updated 43-101 due 4Q u Commenced engineering work on underground mine u Completed installation of on-site bulk sample mill u Produced gold in only 2nd year of operating project
2013 OPERATING PLAN u Upgrade mill facility u Increase gold production u Positive cash flow u Begin underground exploration, development and mining u Expand drilling in Ben vein gold system u Continue surface work on porphyry target and other resources on the property u Update 43-101 with data from 2013 resource definition drill program
INVESTMENT HIGHLIGHTS u High-grade low CapEx project with known resource u Scalable project with multi-million ounce potential u Large land package with current drilling operations covering less than 1% of the property u Management has done what it said it would do u Produced gold in 2nd year of operation u Transitioning to a producing gold miner u Cash flow due to increase in gold production u Management believes company is undervalued
WestMountain Gold, Inc. | Terra Mining Corporation
120 E. Lake Street #401 Sandpoint, ID 83864
Greg Schifrin President & CEO Email: gschifrin@terraminingcorp.com (208) 265-1717 Office (208)The 290-1180 Cell Terra Project
WMTN-OTC www.westmountaingold.com
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