2012 westmountain gold investment opportunity | corporate offering

www.westmountaingold.com | WMTN - OTC1 2012 Corporate Offering Documents

G o l d , I n c .


INVESTMENT OPPORTUNITY

• Early stage investment in a high-grade gold exploration and development project

• Opportunity to buy low and sell high

• S1 effective February 6, 2012

• Potential return of 5 to 10 times initial investment

Building shareholder value by advancing the Terra Project toward production

G O L D, I N C .

WMTN - OTCwww.westmountaingold.com


EXIT STRATEGY

• Purchase by a large mining concession for production potential• Go into production. Conservative estimates range from $30 Million to $50 Million of net revenue per year.• Should gold prices move higher then these projections will increase.


CORPORATE fACT ShEET


Building shareholder value by advancing the Alaska Terra Project toward production

G O L D, I N C .

WestMountain Gold, Inc. is an exploration and development company specializing in the acquisition of advanced stage mining properties. Our ob-jective 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.

~ Greg Schifrin, President & CEO


COMPANY OVERVIEW

CORPORATE fACT ShEET 2012

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 subsid-iary companies, Terra Mining Corporation (TMC) that engages in acquisitions of high quality gold resource projects and Terra Gold Corp (TGC) an Alaskan subsidiary specializing in gold exploration and development in Alaska.

Terra Gold Corp entered into (September 2010) a Joint Venture (JV) opportunity for an 80% owner-ship interest in a group of State of Alaska mineral claims, the Alaska Terra Project, located off the Hartman River in the Alaska Range. Management believes that these claims offer a rare opportunity for development of a million ounce deposit of gold.

WestMountain was incorporated on October 18, 2007 under the laws of the State of Colorado and is headquartered in Denver, Colorado. WestMountain currently trades on the OTCBB under the symbol “WMTN”.

• 168,000 oz. gold & 310,000 oz. silver resource

• $3.5 Million 2012 exploration program

• Poised for growth

• Alaska - Mining friendly State

• Permits in place - drill ready

• 85 sq mi Alaska state claims land package

• 1 million ounce exploration potential

Terra Mining Corporation


The Alaska Terra Project

Terra Anchorage

Donlin Creek

Whistler

Livengood

Pebble

The Terra property is located between the Revela-tion and Terra Cotta mountains in southwestern Alaska at 61° 41’ 52.17”N latitude by 153° 41’ 05.59W longitude.

A total of 36 drill holes have been com-pleted on the Alaska Terra property result-ing in the identification of a gold and silver resource that continues to grow.

In the Ben Vein system, the main vein has 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 350m long and 350m down dip with an average true width of ~1.3m at an average grade of 23 g/t gold. Drilling on the project has identi-fied numerous veins, which in total offer potential of greater than 1 million ounces. Environmental baseline studies are underway, on the Alaska Terra property in anticipation of future develop-ment.

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 (>75% free gold)• Advanced project with operational revenue model in detailed proforma • Project potential to over 1 million oz gold• Development Plan, Environmental Assessment and Permitting, in progress• Significant exploration potential for additional resource• Accredited management and directorship with proven track records• Closely held capital structure • Project ownership structure -post earnin (TGC 80% ,Corvus Gold 20%) • Mine friendly State• Extended vein along strike and 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* Data available on website

The Alaska Terra project has significant potential for the development of a large high-grade gold deposit.

The veins have excellent gravity recovery characteristics for gold from the ore (+80%), the veins have favorable mining configuration and their high-grade nature are all positive aspects for near-term development.

WestMountain has positioned the property for near-term small-scale produc-tion in 2012 transitioning in 2-3 years to anticipated 30,000 ounce per year mine operation. WestMountain has a full camp and air strip on the Alaska Terra Project on site.

G O L D, I N C .



Management Team

Gregory Schifrin | Chief Executive Officer, President & Director • Successful businessman and professional geologist with 28 years of exploration

and mining experience• Founder and President of Minex Exploration & Selkirk Environmental, President

and Director of Silver Verde May Mining Company, CEO Golden Eagle Mining, BSc in Geology & “Qualified Person”

James G. Baughman | Chief Operating Officer, Director • Geologist & business executive with 25 years of gold and uranium exploration

and development experience.• Cofounder High Plains Uranium, led successful TSX IPO (2005); Director of Big

Bear Mining Corp; BSc Geology & “Qualified Person”

Mark Scott | Chief financial Officer, Secretary • Deep & varied executive experience in finance, capital markets, strategic plan-

ning and SEC reporting• IA Global, Visualant, Digital Lightwave, CPA, National Association of Corporate

Directors

Mike Lavigne | Director • 30 years experience in financing small caps• Principal of Capital Peak Partners and CEO Silver Verde May Mining Company

Kevin Cassidy | Director • Managing Member and Founder of Logic International Consulting• Former COO of Bank Julius Baer and Managing Director of UBS

herbert L. haft | Investor relations, communications• President, The Haft Group,Inc, Investor & Public Relations Council. 35 years

experience representing micro cap and small cap equities in the US, Canada, UK and Peru.

• Served as corp vice president for the then Warner Communications, public rela-tions director for Esquire and GQ magazines, former limited partner on the NYSE, and active in the financial community.

WestMountain Gold, Inc 120 E.ast Lake St., Suite 104Sandpoint, ID 83864Tel: (208) 265-1717Fax: (208) 906-8621

2186 S. Holly St., Suite 104Denver, CO 80222 Tel: (720) 306-8984Fax: (702) 306-8985

www.westmountaingold.com

G O L D, I N C .



EXECUTIVE SUMMARY


STRICTLY CONFIDENTIAL

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EXECUTIVE SUMMARY FEBRUARY, 2012

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 million dollar expenditure in a group of State of Alaska mineral claims, the Alaska Terra Project, located off the Hartman River in the Alaska Range. WestMountain believes that these claims are rare opportunity for development of a high quality undeveloped 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 OTCBB under the symbol “WMTN”. Discussion of Junior Miners Investments in well selected junior mining companies have produced returns that are multiples of the rise in the gold price. There is always risk associated with mining exploration, development and production. But by applying appropriate due diligence a large amount of risk can be eliminated or mitigated. In selecting junior mining companies that will likely offer the best appreciation there are various criteria that Investment Funds has defined. For example, the junior mining company must

Have (or have the potential to have) multi-million ounce deposits (“elephant” hunters)

Have experienced management



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Have skilled geologists

Be attractively priced for the resources discovered or likely to be discovered

Have low or no debt

Have sufficient cash to operate or high probability can raise sufficient cash

Operate in a low political risk country that is mining friendly

WestMountain meets these criteria. Once the above criteria are satisfied then the major remaining risk is geological. That is to say what is the risk to be able to find, expand or produce resources profitably? The best place to find mineral resources is in a place where minerals are being mined or have been mined. In order to rationalize and assess the risk the companies are ranked by risk category. The risk categories we have defined are as follows:

Risk Category 1 (lowest risk)

Company has NI-43-101 compliant resources and profitable production (WMTN 168,000 oz gold, 310,000 oz silver)

Risk Category 2

Company has NI-43-101 compliant resources but no production (or no profitable production)

Risk Category 3

Company has made a discovery through drilling and has high potential to define large resources

Risk Category 4 (highest risk)

WestMountain falls under Risk Category 1. It has good prospective acreage and has good indications from drilling data, surface sampling and ongoing small artisanal mining operation that there is a good probability that continued exploratory drilling efforts will expand the current inferred resource of 168,000 ounces gold toward a potential 1,000,000 ounce gold deposit. Terra Project Target Type: High-grade gold system, Resource Definition Phase, Bulk Sampling 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 have now moved to the initial stage of resource development and expansion. TMC signed a Letter of Intent in February 2010



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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 12 million gold deposit in another part of Alaska. Land Status: 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 Alaska 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. The camp is fully equipped with a core facility, kitchen and tents to accommodate 25 people, small bulldozer, excavation, 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. A total of 36 diamond drill holes have been completed on the Alaska 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: Alaska Terra property illustrating target vein locations



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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 Alaska Terra Project. In 2012 bulk sample mining and pilot milling of ore with gold production will commence. Environmental baseline studies are underway on the Alaska Terra project in anticipation of future development. The Alaska 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 highly attractive mining target. Gold characterization 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.



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Opportunity: The Alaska 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 configuration 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 transitioning to anticipated 30,000 ounce per year mine operation. WestMountain has a full camp on site. 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 were discovered which are being explored by the company. 43-101 Report-June 2010 Alaska Terra Project Technical Report available at www.terraminingcorp.com 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.



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Figure 3: Ben Vein visible gold 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 bulk sampling converting to 30,000 per ounce gold per year small

mine operation



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Management Bios Gregory L. Schifrin–Director-President & CEO Mr. Schifrin has worked as a geologist and manager for 29 years the in mining and mineral exploration industry where he has been involved in precious, base metals, and uranium exploration and development. Mr. Schifrin has provided technical services and project management for major and junior mining companies. From February 2011 to the October 2011 Mr. Schifrin was a President of Colorado Rare Earths and then President and Director of US Rare Earths from October through December 2011. From December 2012 through the present Mr. Schifrin serves as Chief Operating Officer and Director. From May 2010 to May 2011 Mr. Schifrin was a Director of Solauro Industries, Inc., a privately held exploration, development and reclamation mining company. From November 2008 to December 2010 Mr. Schifrin was a Director of American Mining Corporation, where from March 2010 to December 2010 he held the office of President. From December 2007 to the present Mr. Schifrin was the President and Director of Silver Verde May Mining Corporation. During his tenure Mr. Schifrin managed corporate finance, accounting, legal and regulatory requirements, exploration, geologic evaluation, project generation and land acquisition. From 1985 to the Present, Mr. Schifrin was the co founder and President of Minex Exploration, a mining industry known exploration consulting and service company, where Mr. Schifrin managed a staff of 15 to 30 personnel, clients and contracts, accounting, legal and regulatory requirements, as well as managing exploration projects, grassroots through drilling and development phase, throughout North America for major and junior mining companies. From October 1992 to the Present, Mr. Schifrin co-founded Selkirk Environmental, Inc., an environmental consulting and service company where he managed environmental regulatory compliance, risk analysis, pollution cleanup and environmental assessment for public and private clients. From November of 2006 to December 2007, Mr. Schifrin was the, President and CEO of Golden Eagle Mining Corporation, where he managed corporate affairs, geological exploration, property acquisition and accounting. In August of 1983, Mr. Schifrin received a Bachelor of Science degree in Geology from the University of Idaho, Moscow. He is a registered professional geologist in the State of Washington. Mr. Schifrin resides in Sandpoint, Idaho. James G. Baughman- Director-Chief Operating Officer Mr. Baughman has worked as a geologist for more than 25 years in mining operations and mineral exploration projects for precious, base metals, and uranium. Mr. Baughman has provided technical services and project management for a number of major and junior mining companies.



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From July of 2004 to May of 2006, Mr. Baughman was the co-founder, President and Chief Executive Officer of High Plains Uranium Corp. where he managed the company’s corporate finance, accounting, legal and regulatory requirements. He also managed a successful initial public offering on the TSX. From May of 2006 to October of 2006, Mr. Baughman was the Chief Executive Officer of Kenai Resources, formerly known as Triumph Gold Corp., where he managed the company's properties in Venezuela and Oregon . He also managed the consulting engineers and geologists, and prepared engineering reports. From October of 2006 to the September 2010, Mr. Baughman co-founded US Uranium Corp. where he led an acquisition of mineral rights on uranium properties, hired professional staff, developed company presentation and conducted road shows to investors and potential investors. Mr. Baughman is currently assisting several private mining development companies and is on the Advisory Board of a Canadian exploration company. In July of 1983, Mr. Baughman received a Bachelor of Science degree in Geology from the University of Wyoming, Laramie. He is a registered professional geologist in the State of Wyoming. Mr. Baughman resides in Aurora, Colorado. Mark Scott- Chief Financial Officer Mr. Scott has significant financial, capital market and relations experience in public microcap gold, silver and technology companies. Mr. Scott currently serves as (i) Chief Financial Officer, Secretary and Treasurer of WestMountain Gold since February 28, 2011 and as a consultant from December 2010; (ii) Chief Financial Officer of Sonora Resources Corp., a position he has held since June 2011; and, (iii) Chief Financial Officer, Secretary and Treasurer of Visualant, Inc., a position he has held since May 2010. Mr. Scott previously served as Chief Financial Officer and Secretary of IA Global, Inc. from October 2003 to June 2011. Previously, he held executive financial positions with Digital Lightwave; Network Access Solutions; and Teltronics, Inc. He has also held senior financial positions at Protel, Inc., Crystals International, Inc., Ranks Hovis McDougall, LLP and Brittania Sportswear, and worked at Arthur Andersen. Mr. Scott is also a certified public accountant and received a Bachelor of Arts in Accounting from the University of Washington. Kevin Cassidy – Director Mr. Cassidy currently serves in New York as the Managing Member and Founder of Logic International Consulting Group www.logic-Int.com. Mr. Cassidy also served as the Chief Operating Officer for Bank Julius Baer (BJB), based in Zurich. He was a member of the BJB Trading Management Committee and responsible for organizing and directing the re-branding of the BJB global trading platform, including both new product and business development. In addition, Mr. Cassidy developed the global FX Option Trading Business and Operating Support Paradigm for the Bank. Prior to BJB, Mr. Cassidy was Managing Director of UBS, where he was the Global Head of Fixed Income Derivatives Support. Kevin also served as the Global Head of the Bank's Derivatives



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Infrastructure, including operations, finance, systems IT and Legal, etc. While at UBS, Mr. Cassidy was also President of UBS Securities Swaps, Inc., the bank's US based derivatives platform and business center, responsible for the North Americas Fixed Income Derivatives Business. Further, he was responsible for the Global infrastructure and business platform, including Systems, IT, Finance & Accounting, including operations and legal support. Earlier in his career, Mr. Cassidy was Managing Director of Bear Sterns, where he was credited with the development of multiple new products, including, Currency Exchange Warrants (CEW's) and Remarketed Preferred, and was also responsible for the new product planning and development group. Mr. Cassidy began his career at Merrill Lynch where he rose to the position of Senior Section Manager in charge of New Product Planning & Development. In this position, he was credited with the development of (i) the Re-marketed Preferred Product and Trading Platform, and the development of the Short Term Put Securities Product and Global Trading Platform. He currently serves as Director of two additional public companies and one private company Mike Lavigne – Director Michael Lavigne has served as the CEO and a board member of Silver Verde May Mining Company, Inc. from December 2008 to the present. Silver Verde May, an exploration stage mining company located in Wallace, Idaho, holds a number of properties in Idaho, Utah and Wyoming. From August 2008, Mr. Lavigne served as a consultant for Golden Eagle MiningCompany, which was acquired by Silver Verde May in December 2008. Mr. Lavigne also serves on the board of Mascot Mining which holds properties in Idaho and Montana. Mr. Lavigne is the owner and Managing Partner of Capital Peak Partners, LLC. Capital Peak provides consulting services in the area of corporate and business development. Capital Peak Partners was founded in September of 2010. Previously Mr. Lavigne held a number of positions in the travel and hospitality industry. From November 2006 to July 2008, Mr. Lavigne founded and served as a director and CEO of Travel Services Group. From September 2003 to October 2006, Mr. Lavigne was the COO of Glacier Bay Cruise Lines, an adventure cruise in South East Alaska. Mr. Lavigne was a director of Coastal Hotel Group, a partner in NorthCoast Hotels and a member of Starwood Hotel’s Leisure Travel Advisory Board. Also, Mr. Lavigne was the CEO and chairman of Global Leisure, Inc., the parent company of Maupin Tours, Sunmakers, Jet Set North America, Hawaii Leisure and Regency Pacific. Prior to the travel and hospitality business Mr. Lavigne was involved in the securities and corporate finance business and served as he managing Director of Northwest Capital and Advisory Services and the CEO and chairman of RCL Northwest. Mr. Lavigne was a board of member of the Spokane Stock Exchange, a registered national securities exchange which listed primarily mining and resources related companies. Mr. Lavigne has been on a number of community and charitable boards including, The Giving Back Fund, Communities and Schools of Seattle, The Seahawk Academy and the Jacob Green Golf Classic. Mr. Lavigne received his BA in Accounting from the University of Idaho and a JD from Gonzaga University School of Law.



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For technical information, please contact: Greg Schifrin, President & CEO WestMountain Gold, Inc. 2186 S. Holly St., Suite 401 Denver, CO 80222 Tel: (208) 265-5858 or (208)-265-1717 Office Email: [email protected]

2012 westmountain gold investment opportunity | corporate offering

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