West Wits Mining Limited · ASX:WWI
West Wits Mining — Melbourne Mining Club Cutting Edge event 2018
21 slides from West Wits Mining's conference presentation, Jul 18, 2018
Slide 1: ASX Announcement: Investor Presentation
ASX Announcement and Media Release Wednesday, 18th July 2018 For personal use only INVESTOR PRESENTATION West Wits Mining Limited (“WWI” or “the Company) has released an Investor Presentation for the Melbourne Mining Club's Cutting Edge event. For and on behalf of the Board. Michael Quinert Chairman
Slide 2: West Wits Mining Investor Presentation July 2018
Main heading West Wits Mining Limited For personal use only (ASX: WWI) “Transforming world class mineral resources into Gold” Investor Presentation JULY 2018
Slide 3: 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 4: WWI's strategy to create value
WWI’s strategy to create value… Main heading For personal use only 3
Slide 5: Corporate
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 0.03 Market Cap (@ $0.02 @ 16/07/18) A$13.6m Cash (@ June 2018) A$1.2m 0.02 Enterprise Value (EV) A$12.4m 0.01 EV/oz A$3.4/oz 0 17/7/17 17/10/17 17/
Slide 6: 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 7: Gold Deposits of the Central Rand
Gold Deposits of the Central Rand Main heading For personal use only • Central Rand Goldfield has produced over 247Moz and is still producing • WWI’s Project • Produced 41Moz at ~5g/t • Still significant areas of virgin ground, untouched by previous mining • Expansive open pit opportunities 6 6
Slide 8: Significant increase in WBP JORC resource
Significant increase in WBP JORC Main heading resource • Gold discovered in 1886 For personal use only • Over 41 Moz produced from six conglomerate reefs • Global Mineral Resource Estimate = 3.67 Moz Au • Over 2.4Moz Au in Measured and Indicated • Historic resource was 12.8 Moz Au* • DRD ceased mini
Slide 9: Gold production at Kimberley Central Open Pit
Gold production at Kimberley Central MainOpen Pit heading For personal use only • Project commenced under government directive (June 2017) • Mining Kimberley Reef • Contract mining • Toll treatment • 12-15 month project life Average Monthly Production for Sept – May Ore Produced (T) 15,350 Ore Cash
Slide 10: WBP on self-sustaining footing
WBP onheading Main self-sustaining footing For personal use only As of May 2018, the WBP remained on a self-sustaining footing: • Monthly production now averages >15kt ore (~1.8g/t Au) from Kimberley Central Open Pit prospect • Project delivering free cash flow since November 2017 to fund on- going
Slide 11: Open pit targets
Open pitheading Main targets For personal use only • Kimberley Central Open Pit was the first mining within the area since 2000 • Two additional Mining Permits are Main & South Reefs Central – Open Pit now sought • Next opportunities 1. Main & South Central Open Pit • Main and South Reefs • High-gra
Slide 12: Mine planning
Mine planning Main heading For personal use only Rho Gold Underground 2.2km strike M&S 6.0 km strike B&W 4.0 km strike Kimberley DRD Kimberley Underground RAND
Slide 13: WBP - Route to Increased Production
WBP - Route to Increased Main heading Production For personal use only
Slide 14: Historic geology: Pilbara and Kapvaal
Historic Main geology: heading Pilbara and Kapvaal 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 con
Slide 15: New frontier: Pilbara conglomerate hosted gold
New frontier: Pilbara Main heading conglomerate hosted gold For personal use only • Australia has been experiencing a 21st century gold rush • Australian projects show similarity to the famous Witwatersrand gold deposits • WWI has secured two exploration opportunities: • Tambina Mining Licences • Mt
Slide 16: Tambina: modern mining operation potential
Tambina: modern mining Main heading operation potential For personal use only Tambina has three GRANTED mining licenses: • Substantial exploration database acquired – drilling, geophysics, sampling • Sampling identified laterally continuous gold bearing conglomerates • Area of mapped conglomerates,
Slide 17: Mt Cecelia: Prospective address
Mt Cecelia: Prospective address Main heading For personal use only • Mt Cecelia project area pending granting • Conglomerates of the Lower Fortescue mapped • Good access due to Telfer Lower Gas pipeline Fortescue E50/5045 Grp • Exploration planning underway: • Mapping to confirm Hardey Group • Detai
Slide 18: WWI vs select ASX peers
WWI vs heading Main select ASX peers For personal use only WWI undervalued relative to peers ASX Market Cap @ Gold Resource Mkt Cap / OZ Corporate Code 16/7/18 (A$m) (Moz) (A$/oz) Artemis Resources ARV 101.6 1.0 106 De Grey Mining DEG 68.6 1.2 57 DGO Gold DGO 18.3 1.0 19 Kairos Minierals KAI 27.6 0.
Slide 19: Key takeaways
KeyMain takeaways 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; and • Securing mining rights • Leveraging the geo
Slide 20: Board and Management
Board Mainand Management heading For personal use only Michael Quinert Hulme Scholes Daniel (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 Bo
Slide 21: 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 & Investor Relations Ph: +61 459 797 101 E: swhyte@westwitsmining.com West Wits Mining Suite 1, Level 6, 50 Queen St Melbourne, Victoria 300
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