WestMountain Gold, Inc Corporate Presentation

G O L D, I N C .

Terra Anchorage

Donlin CreekWhistler

Livengood

Pebble

WMTN - OTCwww.westmountaingold.com

WestMountain Gold, Inc. is an exploration and development company that explores, acquires and develops advanced stage properties.

Corporate Presentation 2012

www.westmountaingold.com | WMTN-OTC 2

G O L D, I N C .

The Terra Project

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 con-tained 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 Commis-sion. 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.


G O L D, I N C .

The Terra Project

Our Company

WestMountain Gold Inc., (WestMountain Gold) engages in the acquisition, exploration and development of gold properties.

Our objective is to be a leader in the exploration and development of U.S. base and precious metals. Our goal is to elevate standards of responsible practices for the resource industry while building a profitable business and to maximize shareholder value through:

• EXPERIENCED AND SKILLED MANAGEMENT

• RESOURCE-FOCUSED EXPLORATION

• SIGNIFICANT PROJECT GOLD PRODUCTION


G O L D, I N C .

The Terra Project

Our Team

Successful businessmen and professional geologist with 28 years of exploration and mining experienceFounder and President Minex Exploration & Selkirk Environmental, President and Director Silver Verde May Mining Company, CEO Golden Eagle Mining, BSc in Geology & “Qualified Person”

Geologist & business executive with 25 years of gold and uranium exploration and development experienceCo-founder High Plains Uranium, led successful TSX IPO (2005); Director Big Bear Mining; BSc Geology & “Qualified Person”

CFO of WestMountain Gold, Sonora Resources Corp, U.S. Rare Earths, Inc. and Visualant, Inc.Mr. Scott has significant financial, capital market and relations experience in public microcap gold, silver and technology companies.

30 Years experience in financing small capsPrincipal of Capital Peak Partners and CEO of Silver Verde mining

Managing Member and Founder of Logic International ConsultingFormer COO of Bank Julius Baer and Managing Director of UBS

Greg Schifrin CEO, President & Director

Jim Baughman COO & Director

Mark Scott CFO, Secretary

Mike Lavigne Director

Kevin Cassidy Director


G O L D, I N C .

The Terra Project

Terra Project History

50 years ago... A Glacier covered The Revelation Mountains in Alaska, that only recently melted and unveiled the Ben Vein exposing the gold that we now call, The Terra Project.

Before Today


G O L D, I N C .

The Terra Project

Terra Project Background

The Terra Project Background & History• Gold bearing veins first discovered and claimed by Kennecott in 1997 Ben Porterfield, a Ken-

necott geologist retain claims and artisanal mines vein from 2000-2010• Porterfield leases property to Anglo Gold Ashanti Exploration USA in 2005 for the first year

drill program• International Tower Hill Mines LTD (spin out from Anglo Gold) advances project 2006 and

2007 with drilling• Terra Mining acquires project through LOI in 2/2010 and JV Agreement 9/2010• Total investment 2005-2007 of $6 million with 168,000 oz of gold and 310,000 oz of silver

resources identified through the three seasons of drilling• Total investment of 2010-2011 $2.4 million with additional resource estimation pending

The Terra property is located between the Revelation and Terra Cotta mountains of the Alaska Range in southwestern Alaska. The camp is fully equipped with a core facility, kitchen and tents to accommodate 25 people, including small bulldozer and wireless internet on site. The 800m gravel airstrip provides year-round aircraft access. A total of 36 diamond drill holes have been completed on the Terra property.

Terra AnchorageDonlin Creek

Whistler

Livengood

Pebble


G O L D, I N C .

The Terra Project

Terra Gold Project

The Terra Project Summary• High grade vein structure • One million ounce growth potential• Mining Friendly Jurisdiction• NI 43-101 compliant report (2010) • 168,000 ounces gold inferred resource• 310,000 ounces silver inferred resource• Simple metallurgy – gravity concentration• Veins widespread – 1.3 miles x 500 ft.• Poised for Growth• Permits in place - drill ready• 85 sq mi Alaska state claims land package

Bens Vein

Pad C

Pad A

Pad B

100 Meters

WGC-11-34B

ITH Drill pads Cat Trail

100 metersPad D

Tailings Pad


G O L D, I N C .

The Terra Project

Terra Location

The Terra Project is located 130 miles northwest of Anchor-age in an emerging mining region between the Revelation and Terra Cotta Mountains in the southwestern Alaska Range. Terra Mining Property consists of 344 Alaska State Mining claims expanding approximately 85 square miles.


G O L D, I N C .

The Terra Project

Project Timeline

Year 1: Exploration & Bulk Sampling Pilot• Increase resource ounces • Property wide exploration (porphyry target)• Permitting work; baseline studies• Mobilize small scale production equipment,

initiate 25 tons per day seasonal operation• Update technical report with drill results &

resource estimate• Secure additional gold projects in predeter-

mined locations

Year 2: Exploration & Pre-Feasibility• Continue drilling – expand resource at

depth and along strike• Ben Vein exploration -tunnel to de-

velop underground access for drilling and development

• Permitting work; baseline studies• Initiate exploration and development

at other locations.

Year 3: Feasibility & Development• Continue to scale up development

and exploration


G O L D, I N C .

The Terra Project

Exploration 2011

The Terra Project Summary• Extended vein along strike

• Intersected vein systems

• 594 meters core drilling -4 holes completed

• 375 samples taken from drill core

• Visible gold observed in core

• Vein system is open to the north and down dip


G O L D, I N C .

The Terra Project

Terra Highlights

• NI 43-101 Technical Reports updated 2010 (TSX compliant)

• 168,000 oz gold, 310,000 oz silver (ITH NI 43-101)• Gold rich Bonanza Veins (>80% free gold)• Project to 1 million oz gold potential• Development Plan, Environmental Assessment

and Permitting, in progress toward mine feasibil-ity

• Significant exploration potential for additional resource

• Extended vein along strike & Intersected vein systems - 2011 drilling

• 594 meters core drilling - 4 holes completed• 375 samples taken from drill core• Visible gold observed in core• Vein system is undrilled; extending to the north

and in downward projection to the vein below 300 meters

Terra Project Highlights:


G O L D, I N C .

The Terra Project


G O L D, I N C .

Alaska “Terra Gold” Project

Terra’s pre-money valuation of approximately $25 million is conservative using levels far below current gold spot price of $1,500 per ounce. Management has significantly discounted the expected gold resources of 1,000,000 ounces.

*Note-10% Gold Spot represents industry standard for inferred ounces of gold in ground; 100% Gold Spot represents recovered gold but value does not include operating and processing costs.

Valuation

Valuation – Terra offers significant upside

Inferred Gold Resource

10% Au spot * 100% Au Spot Expected Gold Resource

10% Au Spot* 100% Au Spot

168,000 Au $150 $1,500 1,000,000 Au $150 $1,500

Value $25,200,000 $252,000,000 Value $150,000,000 $1,500,000,000

Valuation

Valuation - Terra offers significant upsideTerra’s pre-money valuation of approximately $25 million is conservative using levels far below current gold spot price of $1,500 per ounce. Management has significantly discounted the expected gold resources of 1,000,000 ounces.


G O L D, I N C .

The Terra Project

Corporate Status

Share Ownership

Outstanding WMTN shares 19,181,028Warrants 6,609,351

Fully Diluted 25,790,379 100%

Shareholders Shares Ownership


G O L D, I N C .

The Terra Project

ALASKA GOLD DEPOSITS - TINTINA GOLD BELT

Company Deposit Au-Oz(Million) Cu lbs(billion) Cu lbs(billion)

Kiska Metals Whistler 3.35Kinross Fort Knox 5.729Anglo American/Northern Dynasty Pebble 107 81 5.6International Tower Hill Livengood 20.6Barrick/Nova Gold Donlin Creek 39Teck Pogo 5Fire River Nixon Fork 0.3Alix Resource Corp Golden Zone 0.8WestMountain Terra 0.2

Alaska Gold Deposits


G O L D, I N C .

The Terra Project

Definitive JV Agreement between TMC & ITH.• Joint Venture position: 80% TMC & 20% RVC • TMC operator • Cash Requirements of Terra Project• $450,000 option payments• $9,050,000 work commitments

Royalty Payments• Ben Porterfield – 4% NSR (2% Buydown option)• $100,000 yearly advance royalty payment• RVC – sliding scale 0.5% - 5% reflective of gold price

Terra JV Agreement


G O L D, I N C .

The Terra Project

Terra Financing

WestMountain Gold is seeking financing for operations of $10 million US.

Use of Proceeds- Terra Project Exploration• Terra Project Exploration $ 7,500,000• Corporate G&A $ 1,500,000• Project Generation $ 1,000,000 Total $10,000,000


G O L D, I N C .

The Terra Project

Contact Info

WestMountain Gold, Inc. | Terra Mining Corporation120 E. Lake Street #401Sandpoint, ID 83864

Greg Schifrin President & CEOEmail: [email protected]

(208) 265-1717 Office(208) 290-1180 Cell

www.westmountaingold.com

G O L D, I N C .

WMTN - OTCwww.westmountaingoldcorp.com

WestMountain Gold, Inc Corporate Presentation

Investor Relations

Transcript of WestMountain Gold, Inc Corporate Presentation