West Wits Mining Limited · ASX:WWI
West Wits Mining — Investor Presentation (November 2019)
14 slides from West Wits Mining's investor presentation, Nov 21, 2019
Slide 1: Investor Presentation
Main Westheading Wits Mining Limited (ASX: WWI) “Transforming world class mineral resources into Gold” Investor Presentation November 2019
Slide 2: Disclaimer
Disclaimer Main heading 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 could cause those act
Slide 3: Investment Highlights
Investment Highlights Main heading 1. Strategic landholding in the Paterson Range, Western Australia – exploration license has been granted and the Company has planned a program to begin immediately 2. Gold Project – the Company has a JORC resource of 3.65m oz at 3.4g/t in the Rand Belt, South Afric
Slide 4: Corporate & Market Overview
Corporate & Market Overview Main heading ➢ Gold Price hit 6-year high at USD 1,515/oz ➢ Devalued SA currency against USD improves profitability ➢ Continued investment by Board & Management ➢ DRD Gold Ltd holds 6% with Board representation ➢ Tight shareholding Top 20, Board & Management holding ~50%
Slide 5: Experienced and Successful Team
Experienced and Successful Team Main heading Jac van Heerden Mining Engineer (MBA) with over 20 years of operations and project experience in South Africa, CEO – WW SA DRC and Zimbabwe. His experience has been gained on both underground and open pit mines with a focus Gold, Platinum and Base Metals.
Slide 6: Mt Cecelia – Commence Exploration
Mt Cecelia – Commence Exploration Main heading ➢ 100% owned - EL granted May 2019 ➢ Sits along a significant boundary (Vines Fault) in a region that includes major discoveries such as Telfer Au-Cu (Newcrest), Nifty Cu (Metals X), Winu (Rio Tinto) and Rumble Resources (RTR) Braeside Project) ➢ Carawi
Slide 7: Central Rand Goldfields
Central Rand Goldfields Main heading ➢ Worlds biggest gold deposits, produced over 35% of global production, over 247 Moz of Au ➢ Central Rand Goldfield has produced WWI’s Witwatersrand Basin Project (WBP) ❑ Produced 41 Moz at ~5g/t ❑ Still significant areas of new ground underexplored by previous m
Slide 8: WWI 3.65Moz JORC Resource and Kimberley East Target
WWI 3.65Moz JORC Resource and Main heading Kimberley East Target Category Ore Tonnes (Mt) Grade g/t Au Ounces Au ➢ Majority Measured & Indicated – 66% of 3.65Moz Measured 12 3.65 1,420,000 ➢ Global MRE for West Wits @ 2g/t cut-off Indicated 9.1 3.37 988,000 ➢ Significant Exploration Target between:
Slide 9: Mine Development – LOW CAPEX
MineMain Development heading – LOW CAPEX ➢ Low CAPEX due to existing infrastructure Bird Reef Central - Circular Shaft Main & South Reef – 6 Shaft ➢ NO PLANT - excess capacity in the region ❑ Harmony Gold Doornkop plant - 10km ❑ Sibanye Ezulwini plant - 45km ➢ Multiple targets allowing staged develo
Slide 10: Historical Milestones & Route to Growth
Historical Milestones & Route to Growth Main heading ➢ 488,000oz Au added to JORC ➢ Mt Cecelia Exploration ➢ WBP MR Application ➢ 1.88Moz Au added Resource License granted Finalised to JORC Resource ➢ WBP Mining Right ➢ 600,000-1Moz ➢ $665k raised in ➢ WBP MR Scoping ➢ $730k raised in ➢ Acquisition
Slide 11: WWI vs Select ASX peers
WWIMain vs Select headingASX peers Undervalued Relative to Peers OPPORTUNITY FOR ASX-listed Explorers by Resource Size SIGNIFICANT ASX Resources Grade MV / Resource Market Cap Company Code (M'oz) (g/t Au) (A$/oz)* (A$'m) GROWTH Cardinal Resources Ltd CDV 6.99 1.13 $26.5 $185.2 ➢ WWI $1.3/oz a fracti
Slide 12: Investment Conclusion
Investment Conclusion Main heading TRANSFORM FROM A MICRO-CAP EXPLORER TO SMALL TO MID-TIER OPERATOR ➢ Objective 1 – Enhance the value of Mt Cecilia, Paterson Province ❑ Commence an exploration campaign, mapping & aero mag surveys from 1Q 2020 ❑ Drill program to begin CY 2020 ➢ Objective 2 – Establi
Slide 13: Appendix 1: BEE Structure
Appendix 1: BEE Structure Main heading 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 provides tha
Slide 14: Corporate Contact
Corporate Contact Main heading Simon Whyte Chief Financial Officer Ph: +61 459 797 101 E: swhyte@westwitsmining.com West Wits Mining Level 6, 400 Collins Street Melbourne, Victoria 3000
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