G O L D, I N C .

PROJECT SUMM

ARY 2012

www.westmountaingold.com | WMTN - OTC 1

The following summary is qualified in its entirety by, and should be read in conjunction with, the more detailed information and financial statements included in the Company’s SEC Filings. As used in this Document, the “Company” refers to WestMountain Index Advisor, Inc. (WestMountain Gold, Inc.) also known as Terra Mining Corporation.

THE COMPANY

WestMountain Gold, Inc. (the “Company”) engages in the acquisition, exploration, and development of mineral properties. The Company primarily focuses on gold. West Mountain owns two subsidiary companies, Terra Mining Corporation (TMC) that engages in acquisitions of high quality gold resource projects and Terra Gold Corp (TGC) an Alaskan subsidiary engaged in gold exploration and development in Alaska. Terra Gold Corp entered into (September 2010) a Joint Venture (JV) opportunity to earn an 80% ownership interest after 9.5 mil-lion dollar expenditure in a group of State of Alaska mineral claims, the Terra Project, located off the Hartman River in the Alaska Range. WestMountain believes that these claims are a rare opportunity for development of a high quality Bonanza Gold Vein deposits in Alaska, unique in its exceptional enrichment in gold and silver mineralization, with the potential for a million ounce gold deposit.

The Company was incorporated on October 18, 2007 under the laws of the State of Colorado and is headquartered in Denver, Colorado. WestMountain Index Advisor, Inc. currently trades on the OTC Bulletin Board under the symbol “WMTN”.

THE TERRA PROJECT

Target Type: High-grade gold system, Resource Definition Phase, Porphyry intrusive related gold target, Cash Flow

History: Outcropping gold veins were first discovered at Terra in the late 1990s by Kennecott Exploration, who transferred ownership of 5 State of Alaska claims (800 acres) to one individual. AngloGold Ashanti Exploration (U.S.A.) Inc. acquired 100% of the Terra project in 2005 and conducted initial drill testing which returned encouraging results. ITH acquired the project in 2006 as part of a take-over of the AngloGold exploration assets in Alaska. The drilling conducted by ITH in 2006 and 2007 outlined highly attractive high-grade gold vein systems, which has now moved to the initial stage of resource development and expansion. TMC signed a Letter of Intent in February 2010 with ITH and TGC signed a JV Definitive Agreement in September of 2010 with Raven Gold Corp a wholly owned subsidiary of Corvus Gold to acquire an 80% interest in the project and form a JV company and act as operator. The Company was able to secure this project as ITH was occupied in development of a large gold deposit in another part of Alaska.

Land Status & JV Agreement: Property consists of 344 Alaska State Mining claims covering approximately 85 square miles (Figure 1). All Government permits and reclamation plans are current through 2014. Terra Gold Corporation (TGC) has a Joint Venture (JV) Agreement with Raven Gold Corp, a subsidiary of Corvus Gold, Inc. and International Tower Hill Mines, Ltd. (ITH) for 80% interest on the Terra Project through expenditures of $9,500,000 of work into the project over four years. Background: The Terra Property is located between the Revelation and Terra Cotta mountains in southwestern Alaska at 61° 41’ 52.17”N latitude by 153° 41’ 05.59W longitude. The infrastructure at the project consists of a modern camp with a fully equipped core facility, kitchen and tents to accommodate 25 people, small bulldozer, excavator, bobcat, wireless internet and a pilot mill on site. The 800m gravel airstrip provides year-round aircraft access and will be expanded 700m to handle larger aircraft in 2012.

G O L D, I N C .

PROJECT SUMM

ARY 2012

www.westmountaingold.com | WMTN - OTC 2

A total of 36 diamond drill holes have been completed on the Terra Project property. The primary target covers a 5km area with high-grade gold mineralization located in four vein zones (Fish, SD, Ice and Ben Vein zones in Figure 1). These vein systems appear to be intimately associated with the margins of the Donlin Creek age diorite intrusions (67 Ma) and generally trend north to northwest. To date, our focus has mainly been on the Ben Vein. A NI 43-101 compliant resource model was created in the first quarter of 2008 and updated for Terra Mining Corp in June of 2010.

Figure 1: Terra Property illustrating target vein locations

The Ben Vein contains a core zone of about 23 grams/ton (g/t) gold at a 3 g/t cutoff which expands significantly when the cutoff is lowered to 1 g/t. Drilling on the Ben Vein has outlined an open-ended mineralized zone over 550m long and 350m down dip with an average true width of ~1.3m at an average grade of 23 g/t gold. The drilling on the project has identified numerous gold bearing veins, which in total offer potential of greater than 1million ounces gold present. In 2011 a 25 ton per day pilot mill for bulk sample mining was constructed at the Terra Project. In 2012 bulk sample mining and pilot milling of ore with gold production will begin. Environmental baseline studies are underway on the Terra Project in anticipation of future development.

G O L D, I N C .

PROJECT SUMM

ARY 2012

www.westmountaingold.com | WMTN - OTC 3

The Terra Project mineralization has been characterized as deep epithermal and could have significant extent down dip and along strike. Furthermore, there is potential to develop a number of continuous high-grade veins forming a promising mining target. Gold character-ization work on the Ben Vein indicates a very large percentage (+80%) of the gold and silver reports to a gravity concentrate. The 2005-2007 results for the Ben Vein Area are encouraging not only because they outlined a consistent and well mineralized main vein structure but also because a large number of well-mineralized subsidiary veins were encountered. These subsidiary veins offer significant potential for expansion of the system with intercepts such as holes TR-07-20 with new footwall zone of 0.6m @ 43.2 g/t gold and TR-07-22 with new hanging wall zone 0.8m @ 14.5 g/t gold. From the data currently available it appears that a higher grade shoot is developing within the overall Ben Vein system which could form the nucleus for an initial mining target on the project. In 2011 drill results from the 4 holes drilled that intersected the Ben Vein and extended the mineralized zone 200 meters north. An updated resource model will be forthcoming in future 43-101 reporting. Preliminary proforma cash models of a prospective deposit look highly positive.

Opportunity: The Terra Project has significant potential for not only the development of a large high-grade gold deposit but for near-term production from our pilot mill on-site. The excellent gravity recovery characteristics of the ore (+80%), favorable mining configu-ration and the high-grade nature of the deposit are all positives for near-term development of the initial ore zone while underground exploration is developing additional ounces. WestMountain has positioned the property for near-term small-scale production transition-ing to anticipated 30,000 ounce per year mine operation.

Data Available: WestMountain has the ITH surface and subsurface geochemical and geological database including geological mapping, gold characterization study, and structural interpretations as well as the historical Kennecott Exploration surface geochemical data and geological map. The State of Alaska has airborne geophysical data over this area acquired in 2008, which has been interpreted by the Company’s geophysicist. In 2011, drill data from the 4 drill holes and data from rock, soil and stream sediment geochem data collected, identified new areas with gold anomalies that are being explored by the company.

43-101 Report-June 2010 Terra Project Technical Report available at www.terraminingcorp.com

G O L D, I N C .

PROJECT SUMM

ARY 2012

www.westmountaingold.com | WMTN - OTC 4

Figure 2: Ben Vein long section (cross section view of vein and mountain) showing drill intercepts (pierce points of the vein) and the most prospective areas for mining based on these results.

Figure 3: Ben Vein visible gold

G O L D, I N C .

PROJECT SUMM

ARY 2012

www.westmountaingold.com | WMTN - OTC 5

Moving Forward

• Identification of additional high grade veins within the structural zone to increase potential gold resources to over one million plus ounce potential

• Upgrade and increase the ITH NI 43-101 inferred 168,000 oz gold resource and advance project to a measured and indicated resource • 2012 bulk sampling program with anticipated revenues from gold production• Exploration for bulk mineable intrusive deposits• Cash flow through pilot bulk sample mining & milling converting to 30,000 ounce gold per year mine operation

Ben

Ve

in

Terra

Don

lin C

reek

Whi

stle

r

Pebb

le

Anc

hora

ge

Terr

a Go

ld P

roje

ct A

lask

aLi

veng

ood

terr

amin

ingc

orp.

com

WMT

N-OT

C

Ben

Vein

Pla

n +

10

g/t A

U

B

en V

ein

Plan

+ 3

0 g/

t AU

Dior

ite

100

met

ers

2011

Dril

l Hol

esPr

opos

edDr

ill H

ole

Pad

Prop

osed

Adi

t

1 23

28 27 2618 20 22 16 23

25 12 31 11 4

21 19 24

N

N

33 34B

35

2011

Ext

ensi

on

Wes

tMou

ntai

n GO

LD C

ORP

Ben

Vein

Sam

ple

Au

g/t

Ag

g/t

9031

03

321.

00

698.

00

9031

04

319.

00

14.5

5

9031

05

11.0

0 35

.30

9031

06

1035

.00

2530

.00

9031

07

13.0

5 30

.00

2010

Sur

face

Roc

k Sa

mpl

es

2011

Dril

l Res

ults

Drill

Hol

e Fr

om

To

Inte

rval

Au

g/t

Ag

g/t

WGC

-33-

11

35.2

9 35

.44

0.15

31

.80

15.2

0

76.6

9 76

.89

0.20

12

.05

6.30

13

9.59

13

9.90

0.

31

15.6

0 13

8.00

WGC

-34B

-11

21.0

0 21

.30

0.30

8.

01

68.5

0W

GC-3

4B-1

1 11

1.04

11

1.40

0.

36

35.7

0 17

4.00

WGC

-34B

-11

115.

52

115.

82

0.30

18

.30

121.

00

117.

00

117.

30

0.30

8.

88

42.1

0

117.

30

117.

65

0.35

7.

71

4.60

11

7.65

11

7.95

0.

30

6.26

7.

70W

GC-3

4B-1

1 12

1.60

12

2.00

0.

40

5.58

26

.30

12

2.00

12

2.50

0.

50

13.4

0 15

.10

12

2.50

12

3.00

0.

50

6.10

18

.40

12

3.00

12

3.60

0.

60

4.84

24

.90

12

3.60

12

4.00

0.

40

4.75

63

.90

12

4.00

12

4.30

0.

30

14.0

5 42

9.00

12

4.30

12

4.65

0.

35

42.0

0 44

5.00

12

4.65

12

5.00

0.

35

10.7

0 28

.30

WGC

-35-

11

114.

00

114.

53

0.53

25

.60

4.90