West Wits Mining Limited · ASX:WWI
West Wits Mining — Noosa Mining Conference 2025
23 slides from West Wits Mining's conference presentation, Nov 11, 2025
Slide 1: ASX Announcement: West Wits Mining Presentation, Noosa Mining Conference
ASX Announcement and Media Release Tuesday, 11 November 2025 West Wits Mining Presentation Noosa Mining Conference West Wits Mining Limited (ASX: WWI) (OTCQB: WMWWF) is pleased to advise that Chairman, Michael Quinert, will be attending and presenting at the Noosa Mining Conference held in Noosa, Qu
Slide 2: Unlocking Long-Life Gold Production in the Witwatersrand Basin
Noosa Mining Conference For personal use only November 2025 ASX:WWI Unlocking Long-Life Gold Production in the Witwatersrand Basin Building the next South African Gold Producer Qala Shallows, Witwatersrand Basin Project, Gauteng COPYRIGHT ©2025 ALL RIGHTS RESERVED Mining District, Johannesburg, Sout
Slide 3: Disclaimer
Disclaimer Forward-looking Statements Competent Person Statements This presentation includes “forward-looking statements” as that term within the meaning of securities laws of The original report was “Updates to DFS provide Improved Results for WBP” which was issued with consent of the For personal
Slide 4: Why invest in West Wits
Why invest in West Wits Witwatersrand Basin Project (WBP) − South Africa Investment Highlights: Mining? Why West Wits For personal use only Transitioning to Production: >5Moz Gold Resource1; Qala Shallows now producing underground ore. High-Return Economics: Updated DFS2 confirms US$983M free cash f
Slide 5: Company Snapshot
Company Snapshot For personal use only Metric Detail Primary Project Witwatersrand Basin Project (WBP), Gauteng, South Africa Ownership 74% West Wits MLI (Pty) Ltd (26% BEE Partner) Resource Base >5.0Moz @ 4.66 g/t Au1 Mine Type Underground gold mine Processing Toll treatment agreement with Sibanye-
Slide 6: Corporate Snapshot
Corporate Snapshot Transforming into mid-tier gold producer Capital Structure (ASX:WWI) Shares on issue 3.83B For personal use only Listed Options (Exercise Price 3.85c, expiring 5th Sep-27) 339M Unlisted Options (exercise price range 2.2c – 25c)* 80M Performance Rights 7.5M Convertible Notes^ 2 Mar
Slide 7: Board & Executive Team
Board & Executive Team Michael Quinert Rudi Deysel Simon Whyte For personal use only Chairman (AUS) CEO (SA) / MD CFO / Company Secretary (AUS) ASX-experienced commercial lawyer with extensive Mining Eng. with Geophysics and MBA. Production Chartered Accountant and Associate Member of the involvemen
Slide 8: The Witwatersrand Basin Opportunity
The Witwatersrand Basin Opportunity ▪ Located in the world’s richest and For personal use only most productive gold regions ▪ Historic output: >1.5 billion ounces (40,000 tonnes) ▪ Established mining jurisdiction with modern infrastructure and skilled labour ▪ West Wits controls a strategic position
Slide 9: Funding Secured for Growth
Funding Secured for Growth Fully funded to first gold ▪ AUD 12.8M Cash Balance at 31/10/2025 For personal use only ▪ USD 12.5M Nebari Loan Facility (part of a scalable US$35M package) ▪ Executed Senior Debt syndicated loan facility of up to ZAR 875 million (~USD 50 million) with two leading South Af
Slide 10: Qala Shallows: The Foundation for Growth
Qala Shallows: The Foundation for Growth Fully mobilised and producing For personal use only Ore production commenced from underground workings Fully commissioned site infrastructure: power, ventilation, water, LHDs, and drill rigs operational Building 30,000t ore stockpile to commence processing at
Slide 11: Qala Shallows − Strong Project Economics
Qala Shallows − Strong Project Economics Updated DFS completed in July 2025 by Gold Production Bara Consulting2 1,000 80,000 Recovered Gold (OZ) For personal use only 70,000 Ore Tonnes '000s Base Case Financials (at US$2,850/oz): 800 60,000 600 50,000 • Revenue: US$2.7 billion 40,000 400 30,000 • Fr
Slide 12: Qala Shallows − Mining Inventory and Ore Reserve
Qala Shallows − Mining Inventory and Ore Reserve2 Run of mine inventory Run of Mine Inventory (Inclusive Of Ore Reserves) 2 ▪ 1.03Moz Gold at 3.0g/t, inclusive of Ore Mineral Resource Tonnage Grade Content Content For personal use only Reserves Estimate Category (Mt) (g/t) (kg) (oz) Measured 1.4 2.7
Slide 13: WWI − Gold Resources
WWI − Gold Resources Global Mineral Resource Estimate (JORC 2012)1 Expansion Potential: Proven Mineralisation and Metallurgy Category Tonnage (Mt) Grade (g/t) Content (oz) For personal use only Measured 10.07 4.60 1 595 000 Indicated 12.29 4.19 1 700 000 Measured & Indicated 23.00 4.45 3 295 000 Inf
Slide 14: WBP − MRE and Ore Reserve Growth
WBP − MRE and Ore Reserve Growth Gold Ounces (Million) DFS updated Inferred Indicated Measured Ore Reserves Boost with with ▪ WBP tenement area For personal use only New US$2,850/oz 6 Prospecting gold price & previously held by DRD Bird Reef & Right ZAR18:$1 FX Gold which had a Addition to Main Reef
Slide 15: WBP − Location and Growth Potential
WBP − Location and Growth Potential 2022 Scoping Study: 5 For personal use only 5. BIRD REEF Development stages; Stages 1 – 4 CENTRAL (BRC) Gold & Uranium Gold Projects (27-year LoM)4 Stage 1 (Qala Shallows) - DFS complete (17-year LoM)2 Adjacent PR granted; additional PR application EA approved, aw
Slide 16: Key Milestones Driving Value
Key Milestones Driving Value Catalysts For personal use only First ore production First Gold Pour from Steady-state via completed early Sibanye’s Ezulwini production: 70,000/oz pa works development Plant for 12 years2 (Oct-25) (Mar-26) (from 2028) 2025 2026 2027 2028 Prospecting Right Production ram
Slide 17: Qala Shallows Transition to Production
Qala Shallows Transition to Production For personal use only ASX:WWI COPYRIGHT © 2025 ALL RIGHTS RESERVED PAGE | 16
Slide 18: WBP Environmental, Social & Governance (ESG)
WBP Environmental, Social & Governance (ESG) For personal use only Local Enterprise Development: Partnering with community vendors for site catering & logistics Learnership Program: Mining skills development for local youth Transparency & Inclusion: Active engagement with Wards 40–127 through LED Fo
Slide 19: Company Contact
For personal use only Company Contact INVESTOR RELATIONS SOUTH AFRICA AUSTRALIA Keith Middleton Jessica Fertig Unit 8A, Sifon Industrial Park Level 6, 400 Collins Street 279 Sifon Street, Robertville Melbourne, Victoria keith@middletoncorporate.com.au Jessica@taumedia.com.au Roodepoort Australia 170
Slide 20: Experienced Management Team
Experienced Management Team Sifiso Magwaza Lindiwe Magidimisa For personal use only Mine Manager Projects & Business Development Manager (SA) (SA) Mining Engineer with experience managing large, diverse teams BSc Chemical Engineering, PGDip Industrial Engineering, and in mining operations, from shal
Slide 21: Appendix 1: Ore Reserve & Mineral Resource Estimate Statements
Appendix 1: Ore Reserve & Mineral Resource Estimate Statements Table 1: WBP (JORC) Ore Reserve2 Declared Ore Reserve of 4.6MT at 2.6g/t for 383,934oz Gold2 Ore Reserve Statement For Qala Shallows (JORC 2012) Ore Reserve Notes: 1. No Inferred Mineral Resources are included in the Ore Reserves. For pe
Slide 22: Appendix 2: References (1/2)
Appendix 2: References (1/2) 1. The original report was “WBP Global MRE Increases with New Prospecting Right” which was issued with consent of the Competent Person, Mr Hermanus Berhardus Swart. The report was released to the ASX on 16 December 2024 and can be found on the Company’s website (https://
Slide 23: Appendix 2: References (2/2)
Appendix 2: References (2/2) 6. The original report was “Restated JORC Resource of 3.55Moz Au for Mining Right” which was issued with consent of competent persons Mr Hermanus Berhardus Swart, it was released to the ASX on 23 July 2021 and can be found on the Company’s website (https://westwitsmining