new copper-gold discovery, page-3

Highlights

? New copper-gold deposit discovered 2km from the Chanach Copper deposit
? Trench channel sampling identifies three new copper and gold zones including:
o 7 metres at 3.83% copper and 30.1 g/t gold and;
o 10 metres at 1.73% copper including 1m at 106.3 g/t gold and;
o 9 metres at 6.03 g/t gold
? Rock chip samples adjacent to channel samples identified results of:
o 15.1% copper and 5.15 g/t gold and;
o 9.79% copper
Joint Venture partners White Cliff Minerals Limited (57%) (“White Cliff” or the “Company”), T2Gold Pty Ltd (33%) and
the Kyrgyz management team (10%) are pleased to report a new copper and gold discovery at the Chanach project in
the Kyrgyz Republic. The new discovery (called Aucu) occurs two kilometres NNW of the Chanach copper deposit.
Rock chip and trench channel sampling has identified exceptional copper and gold zones from the 701 samples
collected in late 2013 (Table 1).

The mineralisation at Aucu occurs in three zones that are interpreted to strike NNW. The mineralisation is hosted in
highly altered limestone and felsic porphyry units and consists of quartz veining and associated alteration that is
heavily impregnated with sulphides including pyrite and chalcopyrite.

The three mineralised zones identified by trench sampling consist of:

? 7 metres at 3.83% copper and 30.1 g/t gold;
? 10 metres at 1.73% copper including 1 metre at 106 g/t gold; and
? 9 metres at 6.03 g/t gold.
The rock sampling was predominantly carried out over the western half of the Chanach lease to follow up anomalous
2010 gold rock chip results and the 2011 satellite ASTER alteration targets not previously explored. The mineralisation
occurs on the outer edge of a large phyllic (quartz-sericite-pyrite) alteration target identified in 2011 (Figure 1). The
exceptional gold and copper results are associated with NNW trending faults along the contacts between limestone
units that have been modified by mineralised fluids related to the underlying copper-gold porphyry intrusions to the
east (Figure 1 and 2).

The initial geological interpretation indicates that the new results are part of a much larger mineralised system (+1 km
diameter) centred 500 metres to the west of the mineralised zones (Figure 1).

Separate rock samples contained visible gold occurring within quartz veining and chalcopyrite (copper-iron
sulphide) within weathered limestone and felsic porphyry units (Figure 3).

Managing Director Todd Hibberd commented that “The new copper-gold discovery continues to expand the scale of
the Chanach project and demonstrates that the project has the potential to host multiple large scale copper-gold
resources. The current exploration has barely scratched the surface and a lot more sampling and drilling is
warranted.”