West Wits Mining Limited · ASX:WWI
West Wits Mining — Investor Presentation (November 2018)
23 slides from West Wits Mining's investor presentation, Nov 12, 2018
Slide 1: Transforming world class mineral resources into Gold
Main Westheading Wits Mining Limited (ASX: WWI) For personal use only “Transforming world class mineral resources into Gold” Investor Presentation NOVEMBER 2018
Slide 2: Disclaimer
Disclaimer Main heading For personal use only This presentation may contain certain forward-looking statements that have been based on current expectations about future acts, events and circumstances. These forward-looking statements are, however, subject to risks, uncertainties and assumptions that
Slide 3: WWI's Strategy to Create Value
WWI’s Strategy to Create Value Main heading For personal use only 3 3
Slide 4: Corporate: Capital Structure and Share Price Chart
Corporate Main heading For personal use only Capital Structure 12-month Share Price Chart Shares on Issue 718m 0.04 Options (var ex prices & dates) 54m Market Cap (@ $0.012 @ 08/11/18) A$8.6m 0.03 Cash (@ Sept 2018) A$0.6m Enterprise Value (EV) A$8.0m 0.02 EV/oz A$2.25/oz 0.01 Major Shareholders % T
Slide 5: Witwatersrand Basin and the Pilbara
Witwatersrand Basin and the Pilbara Main heading For personal use only Witwatersrand Basin Pilbara conglomerate hosted gold • Worlds biggest gold deposits • The gold rush of the 21st century • Produced over 40% of all gold • An exciting new province 5 5
Slide 6: Gold Deposits of the Central Rand
Gold Deposits of the Central Rand Main heading For personal use only • Central Rand Goldfield has produced over 247 Moz historically and is still producing • WWI’s Witwatersrand Basin Project (WBP): o Produced 41 Moz at ~5g/t o Still significant areas of virgin ground untouched by previous mining o
Slide 7: Significant Increase in WBP JORC Resource
Significant Increase in WBP Main heading JORC Resource • Gold discovered in 1886 For personal use only • Over 41 Moz produced from six conglomerate reefs • Global Mineral Resource Estimate totals 3.66 Moz Au • Over 2.4 Moz of Au in Measured and Indicated • Historic resource was 12.8 Moz Au* • DRD ce
Slide 8: Gold Production at Kimberley Central Open Pit
Gold Production at Kimberley Central Main heading Open Pit For personal use only • Project recommenced under government directive (June 2017) • Mining Kimberley Reef • Contract mining • Toll treatment • 20 - 22 month project life Average Monthly Production for Sept’17 – Sept’18 Ore Produced (T) 14,0
Slide 9: Kimberley Central Open Pit Production & Rehab
Kimberley Central Open Pit Main heading Production & Rehab • For personal use only Pit 1 Rehab (left) was completed in October 2018 • Rehabilitated areas allow development of suburban centres Rescheduling of the mine plan has Pit 3 (right) operational until April 2019 9 9
Slide 10: Next steps of development
Next steps of development Main heading For personal use only Significant cost savings through the refurbishment of historical underground • Development of the infrastructure Kimberley East underground target o Commissioning of Scoping & Prefeasibility studies o Further work on the K9A Reef explorati
Slide 11: Open Pit Targets – Mining Permits
Open Pit Targets – Mining Permits Main heading For personal use only Main & South Reefs • Kimberley Central Open Pit was the Central – Open Pit first mining within the area since 2000 • Two additional Mining Permits are now sought • Next opportunities 1. Main & South Central Open Pit Kimberley West
Slide 12: Mine Plan – Mining Right
Mine Plan – Mining Right Main heading For personal use only Open-Pit 2.2km strike M&S • 7 Targets • 12km’s of strike Underground 6.0 km strike B&W • 1st Target Kimberley East • Robust resource on K9B Reef * 4.0 km strike Kimberley o 12.4MT @ 3.1g/t for 1.25Moz (2g/t cut-off) DRD Kimberley Undergroun
Slide 13: Community
Community Main heading For personal use only • Rehabilitation & Infrastructure o Sol Plaatjie Soup Kitchen & Community Development Center • Building the infrastructure of a local community development center • Providing meals to the underprivileged and unemployed in the area, with a focus on the you
Slide 14: WBP - Route to Increased Production
WBP - Route to Increased Production Main heading For personal use only JUL 2018 NOV 2018 JAN 2018 JAN 2018 14 14
Slide 15: Historic geology: Pilbara and Kapvaal
Historic geology: Pilbara and Kapvaal Main heading For personal use only • Pilbara and Kapvaal Cratons were amalgamated as part of Archean Proto Continent • Similar geologic histories • Witwatersrand Gold deposits created in sedimentary basins • Potential in Pilbara to find similar undiscovered cong
Slide 16: New Frontier: Pilbara Conglomerate Hosted Gold
New Frontier: Pilbara Conglomerate Main heading Hosted Gold For personal use only • Australia has been experiencing a 21st century gold rush • Australian projects demonstrate similarity to the famous Witwatersrand gold deposits • WWI has secured two exploration opportunities: o Tambina Mining Licenc
Slide 17: Tambina: Modern Mining Operation Potential
Tambina: Modern Mining Main heading Operation Potential For personal use only Tambina has three GRANTED mining licenses: • 73 selective rock chip samples assayed, all returned gold anomalies with 50 samples >0.5g/t and 12 samples >6g/t with highest being 185g/t • Substantial exploration database acq
Slide 18: Mt Cecelia: Prospective Address
Mt Cecelia: Prospective Address Main heading For personal use only • Mt Cecelia project area pending granting • The Paterson Province has seen significant activity by Rio Tinto and Fortescue Metals Group who have expanded their holdings in the past 12 months • Rio Tinto’s recent license applications
Slide 19: WWI vs Select ASX peers
WWI vs Select ASX peers Main heading WWI undervalued relative to peers For personal use only ASX Market Cap @ Gold Resource Mkt Cap / OZ Corporate Code 08/11/18 (A$m) (Moz) (A$/oz) Artemis Resources ARV 98.4 0.2 565.5 De Grey Mining DEG 49.3 1.4 35.5 DGO Gold DGO 15.5 0.2 89.1 Kairos Minierals KAI 2
Slide 20: Key Takeaways
Key Takeaways Main heading For personal use only • Strategic transformation to become a mid-tier gold producer with operations in the Witwatersrand Basin and Pilbara • Self-sustaining Witwatersrand Basin Project: • Ongoing production • Grow resource • Securing mining rights • Leveraging the geology
Slide 21: Board and Management
Board and Management Main heading For personal use only Michael Quinert Hulme Scholes Niel Pretorius Vincent Savage Dr. Andrew Tunks Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director Exploration Director Board Since: April 2007 Board Since: March 2011 Board Sinc
Slide 22: BEE Structure
BEE Structure Main heading For personal use only West Wits Mining Ltd (ASX: WWI) Lilitha (BEE Group) 10% 90% West Wits Mining SA (Pty) Ltd 26% 74% West Wits MLI (Pty) Ltd • West Wits’ South African projects are 33.4% owned by the Black Equity Empowerment partner, Lilitha • The ownership structure pr
Slide 23: Corporate Contacts
Corporate Contacts Main heading Andrew Tunks For personal use only Exploration Director Ph: +61 400 205 555 E: ajtunks@westwitsmining.com Simon Whyte Corporate Development & Investor Relations Ph: +61 459 797 101 E: swhyte@westwitsmining.com West Wits Mining Suite 1, Level 6, 50 Queen St Melbourne,
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