West Wits Mining Limited · ASX:WWI
West Wits Mining — 121 Mining Investment Hong Kong 2023
21 slides from West Wits Mining's conference presentation, Mar 29, 2023
Slide 1: West Wits Mining Presentation - 121 Mining Investment Hong Kong
ASX Announcement and Media Release Wednesday, 29 March 2023 West Wits Mining Presentation For personal use only 121 Mining Investment Hong Kong West Wits Mining Limited (ASX: WWI) (OTCQB: WMWWF) is pleased to advise that its Chairman, Michael Quinert, will be attending the 121 Mining Investment Even
Slide 2: Progressing strategic transformation into a major gold producer
WEST WITS MINING - . a beth => Progressing strategic transformation into a mi r gold producer |= FE ASX: WWI OTCQGB: WMWWEF ASX: WWI | OTCQB: WMW WEF
Slide 3: Forward-Looking Statements
Forward-Looking Statements This meaning of s involve known and unk t Wits Mining Limi d-looking statements” as jurisdictions, Forward ainties and other fa trol. These forward-lookir to, all statements other than st of hi including, without limitation, those regardinc aders can identify forward- uunc
Slide 4: Operational Advancement
West Wits Mining Operational Advancement Revenue opportunity of USD 2.6 billion? Assets: Assets: W/itwatersrand Basin Project (\W/BP) near production (RSA) and Mt Cecelia Project green fields exploration (W/AUS) WBP wee : South Africa, Witwatersrand Revised DFS Fae on Witwatersrand Basin Project (WB
Slide 5: Corporate Snapshot
Corporate Snapshot aa = Qoritat Structure (ASX) dg ares on Issue B —Brarket Capitalisation @13¢ per share on 21/3/2023 ) (ash Ges D? rerpirse Value per ounce @ (lore Mineral Resource Estimate? (Gold) SXmineral Resources include declared (ereserves Le ASX: WWI | OTCOB: WMWWF Unlisted Options 25M@$012
Slide 6: Experienced Leadership
Experienced Leadership Michael Quinert ASX-experienced commercial lawyer with @xtensive involvement in sisting and advising publicly listed mining companies ASX: WWI | OTCOB: WMWWF Hulme Scholes One of SA's top legal professionals specialising in mining and mineral law Peter O'Malley US-based invest
Slide 7: WBP: Environmental, Social & Governance (ESG)
\WBP: Environmental, Social & Governance (ESG) Environmental Stewardship & Biodiversity Conservation + Complete underground operation: low noise and dust levels * Small footprint & surface infrastructure: low rehabilitation liability & minimal impact on surrounding environment * Efficient water use
Slide 8: Witwatersrand Basin Project, South Africa
Witwatersrand Basin Project, South Africa ‘Basin Gold tele ( Br poron aloe @ S801 Au Over 100 years Gold production hi "coat Zoditer @ 8-40 Au Located within world-renowned Witwatersrand Basin (SA) Central Rand historically produced over 247 million ounces q 4 A, Botravite ap Low geological risk \§
Slide 9: Witwatersrand Basin Project JORC Mineral Resource
Witwatersrand Basin Project JORC Mineral Resource Tonnes (M) Grade (g/t Au) Ounces 460 1.449.000 419 1,517,000 438 2,967,000 ae am f i _ = Qala Shallows 510 1.309.000 a — E f { \ ¥ A 458 4,276,000 z y i = | a i : } \ x Ext = Significant global Mineral Resource of 4.28 Moz gold resource @ 4.58 g/t Au
Slide 10: Phase 1: Qala Shallows Definitive Feasibility Study
Phase 1 Qala Shallows: Phase 1: Qala Shallows Robust Definitive Feasibility Study? + Focused mining: Kimberley Reef horizons, = specifically KgA & KgB 6 + Long Life-of-Mine G + Avg in-situ Mineral Resource grade @ 4.26 g/t @ + Ave ROM grade @ 3.2 g/t UW Project Financials: @@ Steady-state AISC of US
Slide 11: Phase 1: Qala Shallows Project Progress
Phase 1: Qala Shallows Project Progress Qala Shallows Boxcut oo LOM Decline System Existing Decline Slyping and Rehabilitation Early Stoping Panels Establishment Two-level Ore Drive oO = Critical infrastructure completed = Decline and box cut rehabilitation completed = On reef underground access pro
Slide 12: Phase 2: Project 200
Phase 2: Project 200 WBP - Project 200 Potential mining areas a ¢ Ys: Scoping Study: Scheduled for 2023 to determine additional TONS oS Main Reet Leade infrastructure Capex Additional infrastructure: Process facility 3) Tailings storage facility s) Shafts and access points ASX: WWI | OTCOB: WMWWE
Slide 13: WBP: Uranium
\WBP: Uranium enhanced value-add Uranium - Exploration Target Range Low High Tonnes (M) 10 22 ; Grade (ppm) U,O, 300 550 Opportunity to convert eee Gontent (Mlb) UO, 12 16 significant Uranium apes Exploration Target of 12 DE4 12-16mlbs? into 13 Ph2b resource at Bird Reef es Central 3 diamond-hole as
Slide 14: Mt Cecelia Project, Western Australia
Mt Cecelia Project, Western Australia Up to $10M Joint Venture and Farm-In agreement with global Rio Tinto Exploration Tenements go Tinto Ce Tinto (RIO) Car io Tinto rawine Winu Discovery Cyprium 1 Greatland 741m @ 0.52 g/t Au, 0.45% CU Newcrest mi Rumble mw Antipa = FMG Encounter Others Rumble Reso
Slide 15: Mt Cecelia Project: Maiden Drilling Campaign Completed
Mt Cecelia Project tere Legend Cover i Metasediments Wi Silicified Metasediments Basalt Au git (0 -3.32) — Assay rightiegend, l use only Maiden Drilling Campaign Completed ona + Primary EM Target SGC_1*: Significant intervals of gold mineralisation he + Two drill-holes assay results received: + (WEW
Slide 16: Why invest in West Wits
hor personal use only Why investin West Wits Significant enterprise value growth potential WEBP - Robust DFS (17-year LoM) aimed at 55,000 oz p/a steady-state production? Mt Cecelia RTX JV & Farm-in up to $10M; up to 80% interest; Maiden drilling hits significant gold intercepts ASX: WW | OTCOB: WM
Slide 17: West Wits Mining Limited contact
WEST WITS MINING WEST WITS MINING LIMITED info@westwitsmining.com 461 3 8692 9049 Level 6, 400 Collins Street, Melbourne, Victoria Australia 3000 INVESTOR RELATIONS Victoria Humphries +61 431 151 676 victoria@nwrcommunications.com.au Peter Taylor +61 412 036 231 peter@nwrcommunications.com.au ASX: W
Slide 18: Appendices
Appendices WEST WITSMINING ASX: WWI | OTCQB: WMWWF
Slide 19: Appendix 1: Ore Reserve & Mineral Resource Estimate Statements
Appendix 1: Ore Reserve & Mineral Resource Estimate Statements Table 1: WBP (JORC) Ore Reserve Declared ore reserve of 3.2MT at 2.81g/t for 290 0000z Gold? ORE RESERVE STATEMENT FOR QALA SHALLOWS (JORC 2012) Ore Reserve Notes: 1. No Inferred Mineral Resources are included in the Ore Reserves. 2. The
Slide 20: Appendix 2: References
Appendix 2: References 1. The original report was “Wits Basin Scoping Study" which was issued with consent of the Competent Person, Mr. Andrew Pooley. The report was released to the ASX on 09/03/2022 and can be found on the Company's website (https://westwitsmining.com/). The Company is not aware of
Slide 21: Appendix 3: Fully Compliant BEE Ownership in SA
Appendix 3: Fully Compliant BEE Ownership in SA West Wits Mining Ltd (ASX: WWI) South African projects 33.4% owned by Black Equity Empowerment partner, 4 Lilitha Resources (Pty) Ltd ‘ BEE partner plays active part in SA activities; <4 instrumental in WBP's licensing S > COB WMW WF > Statens 20
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