Wia Gold Limited · ASX:WIA
Wia Gold — Investor Presentation (February 2025)
32 slides from Wia Gold's investor presentation, Feb 18, 2025
Slide 1: Developing Kokoseb into a leading Namibian gold mine
For personal use only Developing Kokoseb into a leading Namibian gold mine August 2024 February 2025 ASX: WIA
Slide 2: Disclaimer
Disclaimer General Information and Disclaimer in the forward- looking statements, including, without costs and timing for WiaGold’s activities and such other limitation: inherent uncertainties and risks associated with assumptions as set out herein. This presentation has been prepared for the purpos
Slide 3: Corporate snapshot
Corporate snapshot ASX: WIA Covering Capital Structure Register Composition Analysts For personal use only Share price (A$/share)1 0.16 Justin Chan 17.83% Total shares in issue – pro-forma (M)2 1,362 Capital DI Limited Options and performance rights – pro- Patrick Streater 72 BPM Capital Limited for
Slide 4: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only WIA: ASX Transformational Growth drilling to Initiate Scoping Study Straightforward Established, well Strategic Kokoseb gold drive substantial work and advance the metallurgy and recognised mining exploration discovery targeted MRE uplift project towards D
Slide 5: Harness value from current asset portfolio
Harness value from current asset portfolio Expand and improve existing resource base in Namibia Namibia • Continue to expand and improve the 2.12m oz Kokoseb For personal use only discovery • Advance Kokoseb to DFS and then build the mine • Aggressive expansion of licence footprint in Namibia • Deli
Slide 6: Board and key management
Board and key management Experienced leadership team with a proven track record of discovery & development Josef El-Raghy Andrew Pardey Mark Arnesen Executive Chairman Non-Executive Director Non-Executive Director For personal use only Previously Chairman and CEO of Centamin Plc, a gold Currently Ma
Slide 7: Track Record of Wia Team in Africa
Track Record of Wia Team in Africa Exploration, Financing, Development and into Production Project Sukari Lefa Siguiri Bankan Doropo Owner For personal use only Year Executed 2009 1995 1998 2024 2023 Location Egypt Guinea Guinea Guinea Côte d’Ivoire Capex $500M $150M $78M $456M $373M Status In produ
Slide 8: WIA Overview
WIA Overview Strategy Develop and operate multiple mines in Africa For personal use only Assets Namibia Côte d'Ivoire 2.12m Oz Kokoseb gold discovery 4 highly prospective exploration licences 3,000 km² land package across gold belt Growth Acceleration of drilling programme at Kokoseb to Drilling tar
Slide 9: Kokoseb & Namibia
For personal use only Kokoseb & Namibia 9
Slide 10: Namibia: A Premier Mining Destination
Namibia A Premier Mining Destination POLITICALLY STABLE & MINER FRIENDLY LONG ESTABLISHED MINING INDUSTRY • For personal use only • Stable democracy, independent judiciary, diverse • Major revenue earner & employer in Namibia (8% of GDP, economy 40% of foreign earnings) • Political and social suppor
Slide 11: Wia Gold – Namibia licences
Wia Gold – Namibia licences Fast growth licence holder in proven gold jurisdiction For personal use only Exploration licences covering c.3,000km², including 500km² under application 97,000 metres drilled to date at Kokoseb Lies within the Pan-African Damara Orogenic Belt which is largely underexplor
Slide 12: Transformational Kokoseb gold discovery
Transformational Kokoseb gold discovery Discovered in Q3 2021, with latest MRE from April 2024 Inferred Mineral 2.12 Moz at 1.0 g/t Au For personal use only Resource Estimate at 0.5 g/t cut-off1 • Simple Open pit: • Outcropping mineralisation, with max. of 2m cover • Average weathering depth of ~30m
Slide 13: Kokoseb – target MRE uplift and project de-risking
Kokoseb – target MRE uplift and project de-risking Multi rig scenario focussing on shallow resource conversion and depth exploration of high grade For personal use only A TRANSFORMATIONAL GOLD DISCOVERY 13
Slide 14: Kokoseb – target MRE uplift
Kokoseb – target MRE uplift Rapidly proving extent of scale at Kokoseb – strong and continuous gold mineralisation • NW Zone returns thickness in a strongly mineralised plunging shoot • 30m at 1.97 g/t Au in KDD010 For personal use only • 34m at 1.81 g/t Au in KRC074 • 32m at 1.69 g/t AU in KRC301 •
Slide 15: Significant high-grade results at Central Zone
Significant high-grade results at Central Zone Continuous high-grade mineralisation – current focus of drilling For personal use only • High-grade area around KRC086 proving continuity with results pending from KDD046 to KDD053 and further drilling underway to strengthen interpretations • Latest sig
Slide 16: Continuous pit shell along 4.8km strike
Continuous pit shell along 4.8km strike 1.6km For personal use only Western Zone NW Central Zone Gap Zone Zone Kokoseb block-model within the US$1,800/oz pit shell, Northern Zone looking down towards the NW Southern Zone Blocks at above 0.5 g/t Au cut-off grade High-grade Central plunging Gap Zone s
Slide 17: Kokoseb – Advancement towards DFS
Kokoseb – Advancement towards DFS Initial Scoping Study work bolstered with additional RC and Diamond Rigs • Increased number of drilling rigs, to three Diamond and three RC Rigs, for exploration & infill drilling • Delivery of a comprehensive Scoping Study and an updated MRE in Q3 2025 For personal
Slide 18: Côte d'Ivoire
For personal use only Côte d’Ivoire A TRANSFORMATIONAL GOLD DISCOVERY 18
Slide 19: Côte d'Ivoire project portfolio
Côte d’Ivoire project portfolio Strategically located blocks For personal use only A. Mankono Project Mankono Quest permit granted, six additional permits under application. Two extensive gold anomalies defined1 B. Bouaflé Project Bouaflé Sud and Bouaflé permits granted, plus one additional applicat
Slide 20: Strong project generation team having early success
Strong project generation team having early success Multiple gold mineralised trends identified at Issia, Bouaflé and Mankono Significant mineralised zones intersected by RC drilling at the Bouaflé Project: • 4m at 87.43 g/t Au1 For personal use only • 10m at 4.54 g/t Au1 • 6m at 8.51 g/t Au1 • 16m
Slide 21: Summary
For personal use only Summary 21
Slide 22: 2025/2026 Catalysts
2025/2026 Catalysts Throughout 2025/26 - Drilling results: • Updated MRE due Q3 2025 For personal use only • Quarterly Results for infill and exploration campaigns Mid 2025 - Scoping Study to be submitted, to include: • Environmental and Social Impact Assessment • Additional metallurgy work • Mine s
Slide 23: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only WIA: ASX Transformational Growth drilling to Initiate Scoping Study Straightforward Established, well Strategic Kokoseb gold drive substantial work and advance the metallurgy and recognised mining exploration discovery targeted MRE uplift project towards D
Slide 24: Appendices
For personal use only Appendices A TRANSFORMATIONAL GOLD DISCOVERY 24
Slide 25: Rapidly developing gold company in Namibia
Rapidly developing gold company in Namibia For personal use only June 2019: Entered a JV Q3 2021: Q2 2022: May 2023: April 2024: Q1 2025: with Epangelo to acquire Significant soil Maiden DD Maiden MRE inferred Advancing inferred resource Kokoseb, Q3 2025: Okombahe anomaly drilling resource of increa
Slide 26: A very large mineralised system
A very large mineralised system Kokoseb footprint comparable to major Namibian operating gold mines and projects 1 2 1 Kokoseb/Wia Gold: For personal use only 2.12 Moz at 1.0 g/t Au (at 0.5 g/t cut-off)1 Wia Gold 2 Otjikoto/B2Gold: 1.4 Moz at 1.5 g/t Au (at 0.4 g/t cut-off, within a US$1,350/oz Au p
Slide 27: Strategic exploration pipeline
Strategic exploration pipeline A portfolio of high-quality projects at various stages on the advancement horizon For personal use only Ore Reserves drilling Close-spaced infill drilling and detailed study work Indicated resources drilling RC and/or diamond drilling on infill grids; start of specific
Slide 28: Straightforward metallurgy and process
Straightforward metallurgy and process Pegmatites, mineralised on contacts and For personal use only sediments enclaves • Metallurgical test work completed on two samples composited from RC bulk samples in fresh sulphide material1 Sediments, strong silica- chlorite-sulphides alteration, high grade •
Slide 29: Namibian Assets Joint Venture Terms
Namibian Assets Joint Venture Terms For personal use only Epangelo Mining Company (includes the Joint Venture Parties Kokoseb Gold Discovery) and Kongom Group1 Stage 1 and Stage 2 WIA earns 80% interest in Epangelo (complete) Licences Minorities free carried to DFS (Epangelo) Stage 3 or Decision to
Slide 30: Existing infrastructure close to Kokoseb
Existing infrastructure close to Kokoseb For personal use only A TRANSFORMATIONAL GOLD DISCOVERY 30
Slide 31: Kokoseb MRE
Kokoseb MRE For personal use only Cut off Tonnes Au Au (Au g/t) (Mt) (g/t) (Moz) 0.20 130 0.69 2.88 0.25 115 0.75 2.77 0.30 100 0.80 2.57 0.40 83 0.91 2.43 0.50 66 1.0 2.12 0.60 53 1.2 2.04 0.80 34 1.4 1.53 1.00 23 1.7 1.26 1. Refer to ASX announcement 16 April 2024. WIA confirms that it is not awar
Slide 32: Contact details
For personal use only Contact details Level One 130 Hay Street, Subiaco WA 6009 Australia E: info@wiagold.com.au Investor Relations/Media enquiries E: WIA@buchanancomms.co.uk