White Mountain Titanium Corporation (WMTM) Balance Sheet

Current
Cash and cash equivalents	677.99K
Prepaid expenses	51.15K
Receivables	106.51K
Total Current Assets	835.64K
Property and Equipment (Note 2)	168.51K
Mineral Properties	651.95K
Technology Rights (Note 3)
Total Assets	1.66M
Current
Accounts payable and accrued liabilities	171.26K
Total Current Liabilities
Other Liabilities - Warrants (Note 4(d))	676.25K
Total Liabilities	1.86M
Common Stock and Paid-in Capital in Excess of $0.001 Par Value (Note 4(a)) 100,000,000 shares authorized 56,760,941 (December 31, 2010 - 49,766,636) shares issued and outstanding
Subscription Receivable
Deficit Accumulated During the Exploration Stage
Total Stockholders' Equity	-205.58K
Total Liabilities and Stockholders' Equity	1.66M

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