West Wits Mining Limited · ASX:WWI
West Wits Mining — Gold Events – Virtual Gold Conference 2021
18 slides from West Wits Mining's conference presentation, Nov 18, 2021
Slide 1: WWI Investor Presentation and Virtual Gold Conference
ASX Announcement and Media Release 18 November 2021 WWI Investor Presentation and Virtual Gold Conference West Wits Mining (ASX: WWI, “West Wits” or “the Company”) is pleased to announce its participation at today’s Gold Events – Virtual Gold Conference. Gold Events’ interview with WWI Chairman, Mic
Slide 2: West Wits Mining Investor Presentation
West Wits Mining Investor Presentation Progressing strategic transformation as mid-tier gold producer Witwatersrand Basin Project (WBP), S.A. Mt Cecelia Project, AUS ASX: WWI
Slide 3: Disclaimer Forward-Looking Statements
Disclaimer 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 acts, events and
Slide 4: Investor High Potential Snapshot
Investor High Potential Snapshot Stage 1 - more than USD $1.1 billion revenue opportunity1 South Africa, Witwatersrand Western Australia, Eastern Pilbara Witwatersrand Basin Project (WBP) Mt Cecelia Project Significant resource: 3.55 million ounces of gold 100% owned: Greenfield project JORC Mineral
Slide 5: Company Highlights
Company Highlights Opportunity for significant Share Price Growth Capital Structure Current Pro- Well positioned for 2022 upside forma* Shares on Issue 1.57b 1.83b Market Capitalisation5 A$50.3m A$58.7m At closing share price of 3.2 cents on 17/11/2021 Cash A$4.7m A$12.1m as at 17/11/2021 Enterprise
Slide 6: Experienced Leadership
Experienced Leadership Michael Quinert Peter O’Malley Chairman Non-Executive Director ASX-experienced commercial lawyer with US-based investment finance executive with wide-ranging experience advising on extensive involvement in assisting and M&A, debt/equity transactions and capital advising public
Slide 7: Witwatersrand Basin
Witwatersrand Basin Over 100 years Gold production Located within world-renowned Witwatersrand Basin (SA) Central Rand historically produced over 247 million ounces Low geological risk Historic mine works underground inspection shows stable existing shafts with almost no rock engineering issues sinc
Slide 8: Cornerstone Witwatersrand Basin Project
Cornerstone Witwatersrand Basin Project Significant resource available on fully Opportunity to convert significant Uranium Exploration Target permitted mining area of 12-16mlbs6 into resource at Bird Reef Central Enhanced value-add with gold resource Bird Reef Central Kimberley Reef East Qala Shallo
Slide 9: Witwatersrand Basin Project
Witwatersrand Basin Project Five mining targets identified with 3.55Moz resource @ 4.26g/t2 Scoping Study’s ROM production schedule in annual ounces of gold by stage over WBP’s 25-year life-of-mine3 Bird Reef Central 8
Slide 10: Robust Definitive Feasibility Study
Robust Definitive Feasibility Study1 Stage 1: Qala Shallows declared Ore Reserve Substantial Maiden Declared ore reserve of 3MT at 2.88g/t for Key Milestones Ore Reserve 278 000oz, including Proven Ore Reserve of 830,000t at 3.13g/t for 84,000oz • Near Production First Ore – Q1 2022 17-year LOM and
Slide 11: Mt Cecelia Project
Mt Cecelia Project Highly prospective area Regional overview of Paterson Province Mt Cecelia highlighted in red Located approx. 70kms west of Rio Tinto’s (RIO) WINU Project RIO to drill neighbouring Baton JV Project7 Rumble Resources Limited (ASX: RTR) advancing Braeside Project on southern border;
Slide 12: Mt Cecelia Project
Mt Cecelia Project Imminent drilling campaign Eight SGC target zones HEM survey: MLTEM survey: Significant step eight exploration Top four priority towards maiden target areas with drill targets drilling campaign four deemed (SGC1-4) defined in 2022 field high priority4 season 11
Slide 13: Why invest in West Wits
Why invest in West Wits Significant enterprise value growth potential Stage 1 - Free Cashflow of USD 241m1 Ownership of two projects in stable jurisdictions with resilient board and management team WBP near-production with potential growth of 80 000 ounces per annum3 WBP Stage 1 production up to 20
Slide 14: West Wits Mining Limited
WEST WITS MINING LIMITED INVESTOR RELATIONS INVESTOR RELATIONS info@westwitsmining.com Australia North America, Canada and UK +61 3 8692 9049 Victoria Humphries/Peter Taylor Jody Kane/Jonathan Paterson +61 3 8692 9040 Level 6, 400 Collins Street, victoria@nwrcommunciations.com.au jody.kane@harboracc
Slide 15: Appendices
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Slide 16: Appendix 1: Ore Reserve & Mineral Resource Estimate Statements
Appendix 1: ORE RESERVE & MINERAL RESOURCE ESTIMATE STATEMENTS Table 1: WBP (JORC) Ore Reserve1 Declared ore reserve of 3MT at 2.88g/t for 278 000oz, including Proved Ore Reserve of 830,000t at 3.13g/t for 84,000oz1 Ore Reserve Notes: 1) No Inferred Mineral Resources are included in the Ore Reserves
Slide 17: Appendix 2: References
Appendix 2: References 1. The original report was “DFS Delivers Strong Results on 1st Stage of WBP Development” which was issued with consent of Competent Persons Mr. Andrew Pooley. The report was released to the ASX on 02 September 2021 and can be found on the Company’s website (https://westwitsmin
Slide 18: Appendix 3: Fully compliant BEE ownership in SA
Appendix 3: Fully compliant BEE ownership in SA FULLY COMPLIANT BEE OWNERSHIP West Wits Mining Ltd STRUCTURE • South African projects 33.4% owned by Black Equity (ASX: WWI) Empowerment partner, Lilitha Resources (Pty) Ltd. 90% • Surpasses SA’s Mining Charter requirement of 26% and the slated 30% in
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