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GOLD, IN C . Corporate Presentation 2012

GOLD, INC .

WestMountain Gold, Inc. is an exploration and development company that explores,

Livengood Donlin Creek

acquires and develops advanced stage properties. Terra

Whistler

Pebble

WMTN - OTC

Anchorage

www.westmountaingold.com

Alaska “Terra Gold” Project

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Safe Harbor Statement

GOLD, IN C .

“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.

Alaska “Terra Gold” Project

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Our Company

GOLD, IN C .

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

Alaska “Terra Gold” Project

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Our Company

GOLD, IN C .

Greg Schifrin Successful businessmen and professional geologist with 28 years of exploration and mining experience CEO, President & Director Founder and President Minex Exploration & Selkirk Environmental, President and Director Silver Verde May Mining Company, CEO Golden Eagle Mining, BSc in Geology & “Qualified Person” Jim Baughman Geologist & business executive with 25 years of gold and uranium exploration and development experience CEO & Director Co-founder High Plains Uranium, led successful TSX IPO (2005); Director Big Bear Mining; BSc Geology & “Qualified Person” Mark Scott Deep & varied executive experience in finance, capital markets, strategic planning and SEC reporting CFO, Secretary IA Global, Visualant, Digital Lightwave, CPA, National Association of Corporate Directors 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

Alaska “Terra Gold” Project

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Terra Project History

GOLD, IN C .

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 Alaska Terra Project.

Today

Before

Alaska “Terra Gold� Project

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TerraProjectBackground

GOLD, IN C .

The Alaska Terra Project Background & History • Gold bearing veins first discovered and claimed by Kennecott in 1997

Livengood Donlin Creek

Terra Pebble

Whistler Anchorage

Ben Porterfield, a Kennecott 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 at 61° 41’ 52.17”N latitude by 153° 41’ 05.59W longitude. 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.

Alaska “Terra Gold” Project

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Terra Gold Project

GOLD, IN C .

Bens Vein

Pad C Cat Trail

ITH Drill pads Pad D

100 meters

100 Meters

WGC-11-34B Pad A

Pad B Tailings Pad

Alaska “Terra Gold” Project

The Alaska “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

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Terra Location

GOLD, IN C .

The Alaska “Terra Project” is located 130 miles northwest of Anchorage 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 130 square kilometers. They have identified four vein zones with high-grade gold mineralization.

Alaska “Terra Gold” Project

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Exploration 2011

GOLD, IN C .

The Alaska “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

Alaska “Terra Gold” Project

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Project Timeline

GOLD, IN C .

Year 1: Exploration & Bulk Sampling Pilot • Increase resource ounces • Property wide exploration (porphyry target) • Permitting work; baseline studies • Mobilize small scale production equipment and initiate 25 tons per day seasonal operation

• Update technical report with drill results & resource estimate

Year 2: Exploration & Pre-Feasibility

Year 3: Feasibility & Development

• Continue drilling – expand resource at depth

• Continue to scale up development and

and along strike

exploration

• Ben Vein exploration -tunnel to develop underground access for drilling and development

• Permitting work; baseline studies • Initiate exploration and development at other locations.

• Secure additional gold projects in predetermined locations

Alaska “Terra Gold” Project

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Valuation

GOLD, IN C .

Valuation – Terra offers significant upside 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.

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

*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.

Alaska “Terra Gold” Project

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Corporate Status

GOLD, IN C .

Corporate Status – February 2012

Shareholders

Shares

Ownership

Share Ownership Outstanding WMTN shares Warrants

19,119,028 6,609,351

Fully Diluted

25,790,378

Alaska “Terra Gold” Project

100%

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Terra JV Agreement

GOLD, IN C .

Definitive JV Agreement between TMC & ITH. • Joint Venture position: 80% TMC & 20% ITH • 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 • ITH – sliding scale 0.5% - 5% reflective of gold price

Alaska “Terra Gold” Project

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Terra Financing

GOLD, IN C .

WestMountain Gold is seeking financing for operations of $10 million US. Use of Proceeds • Terra Project • G&A • Project Generation

Alaska “Terra Gold” Project

$ 7,000,000 $ 1,500,000 $ 1,500,000

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Contact Info

GOLD, IN C .

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) 290-1180 Cell www.westmountaingold.com

Alaska “Terra Gold” Project

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GOLD, I NC.

WMTN - OTC

www.westmountaingoldcorp.com

2012 WestMountain Gold Corporate Presentation  

2012 WestMountain Gold and Terra mining Corp's Corporate Presentation

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