West Wits Mining Limited · ASX:WWI
West Wits Mining — Africa Down Under Conference 2022
19 slides from West Wits Mining's conference presentation, Aug 29, 2022
Slide 1: Investor Presentation – Africa Down Under
ASX Announcement and Media Release 29 August 2022 Investor Presentation – Africa Down Under West Wits Mining Limited (ASX: WWI) (OTCQB: WMWWF) (“West Wits” or “the Company”) is pleased to release the West Wits’ Investor Presentation for the Company’s participation at the Africa Down Under Conference
Slide 2: Progressing strategic transformation into a mid-tier gold producer
ASX: WWI | OTCQB: WMWWF WWI Presentation Progressing strategic transformation into a mid-tier gold producer WEST WITS MINING
Slide 3: Forward-Looking Statements
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 circumstan
Slide 4: Witwatersrand Basin Project
Revised DFS ] mt Cecelia RTX Drilling Uranium Commences Drilling Commences Long-term Project Tolling Funding Agreement Secured >< . Q3 20 20. ASX WWI | OTCOB: WMWWF Mobilisation aS South Africa, Witwatersrand Equipment Witwatersrand Basin Project (WBP) | Ore Processing ) , Commences Declare Uranium
Slide 5: Corporate Snapshot
4 : 5 Corporate Snapshot Capital Structure (ASX) Shares on Issue Market Capitalisation @ 118c per share on 22/08/2022 Cash as at 23/08/2022 Enterpirse Value per ounce JORC Mineral Resource Estimate? (Gold) Mineral Resources include declared Ore Reserves ASX WW] OTCQB: WMW WF Unlisted Options. 25M@$0
Slide 6: Management Team
Michael Quinert ASX-experienced commercial lawyer with extensive involvement in assisting and advising publicly listed mining companies ASX WWI | OTCQB: WMWWF Hulme Scholes One of SA's top legal professionals specialising in mining and mineral law Peter O'Malley US-based investment finance executive
Slide 7: Witwatersrand Basin Project, South Africa
Witwatersrand Basin Project, —_ f South Africa 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 r
Slide 8: Witwatersrand Basin Project
Witwatersrand Basin Project JORC Mineral Resource ete SD = WBP Global Mineral Resource Estimate? ss Ye a or ceekee Category Tonnes (M) | Grade (g/t Au)| unces Measured 881 | 460 Indicated Measured & Indicated | Inferred | WBP - Production Schedule - ROM Ounces Au Total Gold Production (Oz) Gold Grad
Slide 9: Witwatersrand Basin Project Scoping Study
Witwatersrand Basin Project Scoping Study Scoping Study - 4 Stages* CAPEX Low due to historical shafts to access virgin mine blocks: planned toll processing with overall competitive AISC Production Mining Stages 1 - 4 27-year Life-of-Mine Run of Mine grade 3.11g/t Au for 161Moz Gold Sustainable Prof
Slide 10: Robust Definitive Feasibility Study at Qala Shallows
Robust Definitive Feasibility Qala Shallows - Production Profile Study at Qala Shallows? Solid Production: Average Steady-State Production at 55 0000z per annum for 10 years — ROM Grade Months 2 Project Financials: : ee a eee - AISC US$1093 with steady-state AISC of US$962 Near-term Production Profi
Slide 11: Stage 1: Qala Shallows
Stage 1: Qala Shallows Project Prog ress Qala Shallows Boxcut LOM Decline System Existing Decline Slyping and Rehabilitation gy Early Stoping Panels Establishment all] a Critical infrastructure completed Decline and box cut rehabilitation completed On reef underground access progressing Set up for r
Slide 12: WBS: Uranium
WBS: Uranium enhanced value-add Uranium - Exploration Target Range Low High Tonnes (M) 10 22 Grade (ppm) U,O, 300 550 Content (Mlb) UO, 12 16 1 fhe potential ity ac grade ae conceptual in rare There hat 121 ofhistoncal information rain nurthe exploration ASX: WWI | OTCOB: WMWWF pers 2PCET DES pce SE
Slide 13: Mt Cecelia Project, Western Australia
Mt Cecelia Project, Western Australia Up to $10M Joint Venture and Farm-In agreement with global Rio Tinto Exploration Tenements —— i live za las Rio Tinto (RIO) Carawine finu Discovery Metals X 1 Greatiand 74im @ 0.52 g/t Au, 0.85% CU Newcrest Rumble ’ 1 Antipa = FMG Encounter Others Rumble Resourc
Slide 14: Why invest in West Wits
Why invest in West Wits a Significant enterprise value growth potential & WBP surface and underground infrastructure in place to facilitate rapid production growth ASX: WWI | OTCQB: WMWWF WBP Scoping Study - significant 27-year LOM with free cash flow potential of USD 511 million at USD 1,750 per ou
Slide 15: West Wits Mining Limited
WEST WITS MINING WEST WITS MINING LIMITED info@westwitsmining.com +61 3 8692 9049 Level 6, 400 Collins Street, Melbourne, Victoria Australia 3000 INVESTOR RELATIONS Australia Victoria Humphries +61 431 151 676 victoria@nwrcommunications.com.au Peter Taylor +61 412 036 231 peter@nwrcommunications.com
Slide 16: Appendices
é WEST WITS . MINING Appendices ASX. WWI | OTCOB: WMWWE
Slide 17: Appendix 1: Ore Reserve & Mineral Resource Estimate Statements
Appendix 1: Ore Reserve & Mineral Resource Estimate Statements Table 1: WBP (JORC) Ore Reserve? Declared ore reserve of 3.2MT at 2.81g/t for 290 0000z Gold? ORE RESERVE STATEMENT FOR QALA SHALLOWS (JORC 2012) Ore Reserve Notes: 1. No inferred Mineral Resources are included in the Ore Reserves. 2. Th
Slide 18: Appendix 2: References
Appendix 2: References 1. The original report was “Wits Basin Scoping Study" which was issued with consent of the Competent Person. Mr. Andrew Pooley. The report was released to the ASX on 09/03/2022 and can be found on the Company's website (https://westwitsmining.com/). The Company is not aware of
Slide 19: Appendix 3: Fully Compliant BEE Ownership in SA
Appendix 3: Fully Compliant BEE Ownership in SA Proposed’ - South African projects 26% owned by Black Equity Empowerment partner, Lilitha Resources (Pty). Ltd® West Wits Mining Ltd (ASX: WWI) BEE partner plays active part in SA activities; instrumentalin WBP's licensing * WW/announced proposed acqui