Westminster Resources Ltd.
August 12, 2009
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TSX‐V: WMR
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Objective:
To discover mineral deposits of size and quality which would be a significant addition to a major mining companys portfolio
Strategy:
Four hundred to one billion tonne,open‐pitable, copper‐ gold porphyry systems meet this objective
OBJECTIVE, STRATEGY AND EXECUTION
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Execution:
•The Company has assembled a 181 square kilometer, unexplored, Mineral District‐scale Property in the southern portion of North America’s major porphyry deposit trend extending from Arizona through Sonora Mexico
• Management’s Canadian and Mexican exploration team has successfully identified 3 separate, classic, porphyry system targets.
Phase One explored a small portion of one target
OBJECTIVE, STRATEGY AND EXECUTION
Location Map
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32
100 km
114 110 106
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PACIFICOCEAN
90-40 Ma LARAMIDE GRANITE INTRUSION AND RELATED PORPHYRY BELT
“GREAT CLUSTER” PORPHYRY COPPER DEPOSITS
InspirationRay Miami Morenci
ChinoSan Manuel
MissionSierrita
Bisbee
Cananea
La Caridad
Tucson
Hermosillo
Navojoa
California
Arizona New Mexico
Chihuahua
Sinaloa
Durango
Navojoa Project 1812 Km
Property Ownershipby Westminster Resources
100% 9,294 HA.75% 8,881 HA.
11 Km
20 K
m
702 mi NEWCOPPER & GOLD
MINERAL DISTRICT
Navojoa Project Model:Tertiary Volcanic Cover Preserves Supergene Zone and Primary Ore from Weathering
Py
PyL e a c h e d C a p
Supergene Zone is Hidden Under Leached Cap and Barren Volcanics. Its High Grade is the Prize of Open-Pit Mining
Cover of Young Tertiary Volcanic
0 1 2 4 Km
YORI TARGET
Fafy and Yori Targets IP Survey Grid andRC Drill Program Phase One
Phase OneIP SurveyRC Drilling
Navojoa Project Phase One
Skarn YORI TARGET
Skarn
Skarn
LA KALATARGET
Red HillRed Road
FAFY TARGET
Original IP Grid4km by 2km
LA KALA TARGET : Cu+Au +magnetite SKARN
La Kala Target
High Grade Copper +GoldMagnetite - Epidote
Copper CarbonatesMalachite AzuriteMineralization PlusGold and Silver
La Kala Target
Live LimoniteBulls Blood Fe-OxideLeached Zone 56% IronAfter Calcocite CopperHigh Grade Copper and Gold
1-2% Copper Gold 30+ GramsSilver 95-200 Grams
JOSE’s Panned Gold from Red Limonite=Chalcocite: La Mora Skarn
Red Limonite Surface Alteration
Red Road: Yori Target
PHASE ONE R.C. Drill Holes and IP grid
LA KALA TARGET
FAFY TARGET
YORI TARGET
PHASE ONE
Mineral District has threeporphyry systems identifiedto date
Geology Map Fafy
• Ground IP Survey Crew maps Supergene and Primary Copper Sulphide Mineralization Under Leached Cap and Volcanic Cover
IP Survey Fafy Target Line 6645
• First RC Drilling of the Yori Copper + Gold Porphyry Target
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PHASE ONE R.C. Drill Holes and IP grid
IP Geophysical Survey outlinesanomalous target 3.5km East West and is still open in all directions
Management
GLEN INDRA, DIRECTOR
PRESIDENT AND CEO
Mr. Indra is a founding Director of Westminster Resources Ltd and took on the Presidency in September of 2008 where he is responsible for the Company’s overall strategy and execution. Mr. Indra has extensive business experience starting with Gulf Canada in the 1970’s and a 10 year stint in commercial banking with the Royal Bank of Canada. Since the mid 1980’s he has been involved with junior publicly traded petroleum exploration and mineral exploration companies. From 1996 to 2006 he was President of Starfield Resources Inc a junior precious and base metal explorer that advanced the Ferguson Lake, Nunavut project to the stage where an experienced development team was brought in to complete the project. Mr. Indra has considerable experience at the board level, in the financial and investment community and in appropriately staffing projects with technically superior support. Mr. Indra is a B.Comm. graduate from the University of British Columbia.
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Management
BRUCE BALLANTYNE
PROJECT MANAGER
Mr. Ballantyne has the significant role of being the Manager of the Companies projects. Under his direction the importance of the Navojoa, Mexico new gold‐copper porphyry district was recognized and assembled.
Mr. Ballantyne had a distinguished career of 23 years starting in 1974, with the Geological Survey of Canada, as a well known member of the Mineral Resources Division, where he specialized in Applied Exploration Geochemistry. He was responsible for the development and initiation of the National Geochemical Reconnaissance Stream Sediment surveys in the Canadian Cordillera and as a guest speaker has presented his research on a variety of deposits nationally and internationally. Since 1996 he has consulted to the junior and mid tier mineral exploration companies including a six year term ending in 2008 with Starfield Resources Inc where he was an integral part of the successful exploration and development of resources at the Ferguson Lake copper‐nickel‐cobalt‐platinum group metal deposit in Nunavut, Canada. Mr. Ballantyne is a B.Sc. graduate of the University of Guelph, Ontario.
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Management
ALBERTO MARTINEZ
BUSINESS MANAGER, MEXICO
Mr. Martinez represents the Company as its Mexican Business Manager. He is responsible for providing in country expertise and guidance covering contract and field negotiations, compliance with State and Federal laws, matters relating to business, due diligence, ownership, title, taxes and property acquisitions. From 1982‐1989 he was with Intercor, a wholly owned Exxon affiliate operator of the Cerrejon Project, a US $3 billion, 5,000 employees, 15 million tonne/year coal joint venture project with Carbocol, involved in a wide range of activities including annual budget planning, offshore equipment finance, cash management, contract supervision and mine and port inventory control in the Cerrejon Coal Project. From 1990 to 1995 he worked with Greenstone Resources, Ltd., or affiliates, culminating as General Manager and Director. At Greenstone he negotiated sales contracts of concentrates with smelters and managed export gold concentrates to Sumitomo, Japan and managed the affairs in Colombia. From 1995 to 1998 he was with Eldorado Gold Corporation responsible for the planning of acquisitions, research, field negotiations, etc., in Mexico. He holds a B.Sc. Engineering degree from Universidad del Norte, Colombia and an MBA from the University of Dallas, Irving, Texas.
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Management
JAMIE LAVIGNE
TECHNICAL ADVISER
Mr. Lavigne has over 20 years experience in all phases of mineral exploration and development predominantly in base and precious metal deposits. His positions included Vice‐President of Exploration for Goldbrook Ventures Inc where he was responsible for design implementation and management of their programs; senior geologist with FNX Mining Company; and consulting geologist with Wardrop Engineering. He is currently Vice President Exploration for Garson Gold Corp focusing on the New Britannia Gold Mine, Snow Lake, Manitoba.
Mr. Lavigne has a B.Sc. (Geology) from Memorial University of NFLD and a M.Sc. (Geology) from the University of Ottawa.
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Management
GLEN MACDONALD, DIRECTOR
Mr. Macdonald became a board member in August of 2007. He is responsible for ensuring company compliance with NI‐43‐101 “Standards of Disclosure for Mineral Projects”, and for providing technical guidance and support to the board of directors.
Mr. Macdonald has extensive board experience with junior exploration companies having been a founding director of several since the mid 1980’s. He is a self‐employed Consulting Professional Geologist, a B.Sc. graduate of the University of British Columbia, a member of the Alberta Professional Engineers Geologists and Geophysicists Association since 1982, and of the British Columbia Association of Professional Engineers and Geoscientists since 1993.
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Management
GREG AGAR, DIRECTOR
MANAGER OF CORPORATE RELATIONS
Mr. Agar has been a Director of the Company since April of 2006. He is responsible for corporate and investor relations.
Mr. Agar has extensive knowledge and experience in Corporate Relations having worked directly in this area for the last 15 years. During this time he managed or was part of the successful teams at Global Light Telecommunications Inc, Clearly Canadian Beverage Corporation and Starfield Resources Inc.
OLEG SCHERBINA
CHIEF FINANCIAL OFFICER
Oleg Scherbina has over 12 years of financial management experience including the last 6 years in the mineral exploration and gold mining industry. He has worked for a number of years with resource companies including Uranium One Inc., Eureka Mining, Bema Gold Corporation. He holds a Masters Degree in Accounting and Audit from Odessa State Economic University and Bachelor Degree in Business Law from Odessa State University, Ukraine.
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Navojoa Project Milestones
Sept: Assay Results From Phase One
Oct‐ Dec: Phase Two Exploration
Jan‐Feb: Assay and Exploration Results and planning
Phase Three.
Mar‐June: Phase Three Exploration
July ‐ Aug: Compile and publish results
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Sept Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
X X X X X X X X X X X X
Why MEXICO‐SONORA
Mexico member of NAFTA
100% ownership of Mineral Rights
People and government are mining friendly
Accessible: Vancouver to Navojoa Property in 10 hours
Hermisillo, the capital, has mining‐exploration services
Deep water Port at Guaymas
Railway line through Navojoa to Guaymas
Roads, Water and power lines through the property
Location, Location and Mineral Wealth
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Why Invest Now?
Small number of shares outstanding
Low market capitalization
Company will be exploring year round
Continuous news being generated
Exposure to at least 3 company building porphyry targets
Company is at advent of its awareness campaign
Aggressive experienced management
Leverage to commodity recovery
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Share Structure & Financials
Shares Outstanding: 27,512,000
Shares Fully Diluted: 34,437,000
Options/Warrants: 6,925,000
Current Price: $0.30
52 Week High/Low: .39/.15
3 mo daily volume: 17,000
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Cash on Hand: $300M
Monthly Burn Rate: $30K
Management Ownership: 30 %
Key Supporters: 25%
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Sep 08 Nov 08Jan 09
TSX: WMR
Jul 09 Aug 09
Share Structure 1 Year Stock Chart
CONTACT
HEAD OFFICESuite 488‐625 Howe StreetVancouver, B.C. Canada, V6C 2T6Tel: 604‐608‐0400Leif SmitherToll Free: 1‐877‐608‐0007Email: [email protected]
MEXICO OFFICEMinera Westminster, S.A. de C.V.Bosques de Ciruelos #180, P.P. 101Col. Bosques de las Lomas11700 Mexico, D.F., Mexico
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