West Wits Mining Limited · ASX:WWI
West Wits Mining — Investor Presentation (September 2026)
20 slides from West Wits Mining's investor presentation, Sep 15, 2026
Slide 1: Investor Engagement Update
ASX Announcement and Media Release 15 September 2026 INVESTOR ENGAGEMENT UPDATE For personal use only West Wits Mining Limited (ASX:WWI) (OTCQB:WMWWF) (“West Wits”, or “the Company”) is pleased to provide an update on its investor engagement activities, with the Company set to participate in a serie
Slide 2: CEO comment and About West Wits Mining
ASX Announcement and Media Release 15 September 2026 Shareholders can engage with this announcement via the West Wits Investor Hub. West Wits Mining CEO and Managing Director, Rudi Deysel, said: For personal use only “As we scale production at Qala Shallows towards our steady-state target, we want o
Slide 3: South Africa's Newest Gold Producer
rsonal use only ASX : WWI South Africa’s Newest Gold Producer Qala Shallows is in production and ramping to a 70,000 oz p.a. steady state1, with a scoping-study blueprint for future growth. MARCH 2026 70,000 oz p.a. 7.24 Moz Au FI RST GOL D POURED STA GE 1: DFS M INE RA L RESOURC E ASX:WWI | West Wi
Slide 4: Disclaimer
Disclaimer Forward-looking Statements This presentation includes “forward-looking statements” as that term within the meaning of securities laws of applicable jurisdictions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that are in some cases beyond West
Slide 5: Why West Wits Mining Now
T H E I N V E ST M E N T C A S E Why West Wits Mining Now rsonal use only 01 02 03 Producing Gold Today Low cost, high margin Funded to Steady State First gold poured in March 2026 - Qala DFS AISC of US$1,289/oz 1versus gold ~A$97M Absa/Nedbank funding package Shallows is now in production & ramping
Slide 6: Capital Structure & Funding Position
C A P I TA L S T RU C T U RE A$180M market cap Capital Structure & Funding Position + fully funded to steady-state + 74% project ownership rsonal use only Shares on issue 434.9 M + 7.24Moz Au resource base2 Share price (10 Sep-2026) A$0.415 F ULLY F U NDED AND D E-RIS KE D TO ST EAD Y ST ATE Market
Slide 7: Australian Capital Unlocking a Mispriced South African Gold Asset
THE OPP OR TUNITY Australian Capital Unlocking a Mispriced South African Gold Asset West Wits has used Australian capital markets to develop a high-grade rsonal use only Witwatersrand asset that was overlooked by the local market. A Mispriced Asset The Right Capital Market A shallow, high-grade Witw
Slide 8: The Witwatersrand Basin
A STRA TEG IC P OS ITIO N I N THE W O RLD’S MO ST P RO L IFI C G O L D BAS IN The Witwatersrand Basin West Wits sits in the Central Rand, with established rsonal use only infrastructure, adjacent operations & access to both brownfield & greenfield development potential. ~22% ofbasin all gold ever mi
Slide 9: A 7.24Moz Base Supports Production & Growth
THE PROD UCI NG ASSET 384 koz A 7.24Moz2 base Supports Production & Growth Maiden Ore Reserve @ 2.60 g/t1 1.03 Moz rsonal use only WBP GLO BAL J ORC MRE 2 — INCLUSIVE OF O RE RES ERVES Qala Shallows mining inventory @ 3.0 g/t1 Grade (g/t Ounces Category Tonnes (Mt) Au) (Moz) Measured 14.08 4.40 1.99
Slide 10: From First Gold to Steady State and a Blueprint for Growth
T H E RO A D MA P From First Gold to Steady State and a Blueprint for Growth Production is underway, with a funded ramp up to a 70,000oz p.a. steady state1. The Project 200 scoping study set out a blueprint for growth towards 200,000oz p.a. production rate with separate uranium upside at BRC Project
Slide 11: The Financial Case
THE FINANCIA L CASE Qala Shallows - High margins, strong returns at conservative gold assumptions DFS1 economics based on US$2,850/oz gold price assumption, well below current spot, highlighting strong operating leverage & downside resilience. rsonal use only US$2.7bn US$983M US$500M 81% LIFE -OF-M
Slide 12: Qala Shallows – Life of Mine
Q AL A SH AL LO WS – L IF E O F M IN E 17-year production profile with a ~70koz p.a. steady-state plateau1 rsonal use only 1000 90000 900 80000 944 koz Recovered gold over mine life 800 70000 700 Recovered gold (oz) 60000 ~10yrs ROM tonnes (kt) 600 50000 500 of sustained ~70koz p.a. production 40000
Slide 13: Operational Ramp-Up is well underway
THE PROD UCI NG ASSET Operational Ramp-Up is well underway June 2026 quarter - underground development, surface infrastructure & workforce expansion progressing toward steady-state production. rsonal use only 544 m UG development to 30 Jun (375 m on-reef) 45% Surface infrastructure complete ~1 yr De
Slide 14: Scoping Study: a blueprint for growth
PR O J E C T 2 0 0 & B I R D R E E F C E NT RA L Scoping Study: a blueprint for growth The Project 200 scoping study is a conceptual blueprint showing how production could scale towards 200,000 oz p.a. production rate from the existing 7.24Moz Au Mineral Resource 2 base, with uranium-gold upside at
Slide 15: ESG in action - jobs, safety & local enterprise
R E SP ONS IB L E M I NI NG ESG in action - jobs, safety & local enterprise 450+ workers on site rsonal use only Local enterprise Supporting local SMMEs & community vendors across catering, logistics & site services. Skills & employment Learnerships & local hiring are building workforce capability &
Slide 16: Experienced team to deliver the ramp-up and growth plan
T H E TE A M Experienced team to deliver the ramp-up and growth plan BOA RD rsonal use only Michael Quinert Rudi Deysel Simon Whyte Chairman (AUS) CEO / MD (SA) CFO / Co. Secretary (AUS) ASX-experienced commercial lawyer advising Mining engineer (MBA); underground, open-cast & Chartered Accountant;
Slide 17: Building South Africa's next mid-tier gold producer
ASX : WWI Building South Africa's INVESTOR RELATIONS rsonal use only ir@westwitsmining.com · westwitsmining.com next mid-tier gold SOUTH AFRICA Unit 8A, Sifon Industrial Park, 279 Sifon Street, Robertville, Roodepoort 1709 producer. AUSTRALIA Level 6, 400 Collins Street, Melbourne VIC 3000 ASX:WWI |
Slide 18: Appendix
rsonal use only Appendix Ore Reserve & Mineral Resource statements · References ASX:WWI | West Wits Mining | September 2026
Slide 19: Ore Reserve & Mineral Resource
AP PENDIX 1 Ore Reserve & Mineral Resource Qala Shallows Ore Reserve (JORC 2012) 1 rsonal use only Category Tonnes (Mt) Grade (g/t) Content (oz) NOTES Proved 1.10 2.79 99,205 Global MRE reported per the JORC Code (2012), inclusive Probable 3.49 2.54 284,730 of Ore Reserves. Total 4.60 2.60 383,934 R
Slide 20: References
AP PENDIX 2 References 1. The original report was “Updates to Qala Shallows DFS provide improved results for Witwatersrand Basin Project ” , which was issued with the consent of the Competent Person, Mr Andrew Pooley. The report was released to the ASX on 27 July 2023 and is available on the Company
West Wits Mining — Investor Presentation (September 2026) on 6ix