West Wits Mining Limited · ASX:WWI
West Wits Mining — Investor Presentation (February 2018)
20 slides from West Wits Mining's investor presentation, Feb 1, 2018
Slide 1: West Wits Mining Limited Investor Presentation February 2018
Main heading West Wits Mining Limited For personal use only (ASX: WWI) “Conglomerate hosted gold focused in two premier regions: Witwatersrand Basin and Pilbara” Investor Presentation February 2018
Slide 2: 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 3: Premier conglomerate hosted gold projects
Premier conglomerate hosted gold projects Main heading For personal use only SOUTH AFRICA AUSTRALIA Witwatersrand Basin Project (WBP) Mt Cecelia & Tambina Projects Production and growth Exploration • Worlds greatest goldfield • Pilbara and Kapvaal once amalgamated • 3.26 Moz resource • New conglomer
Slide 4: WWI's strategy to create value
WWI’s strategy to create value… Main heading For personal use only
Slide 5: Corporate: Capital Structure and Share Price Chart
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) 47m Market Cap (@ $0.021 @ 30/1/18) A$15.1m 0.03 Cash (@ 31 Dec 2017) A$2m Enterprise Value (EV) A$13.1m 0.02 EV/oz A$4.02/oz 0.01 Major Shareholders %
Slide 6: Witwatersrand Basin and the Pilbara
Witwatersrand Basin and the Pilbara Main heading For personal use only Witwatersand Basin Pilbara conglomerated hosted gold • Worlds biggest gold deposits • The gold rush of the 21st century • Produced over 40% of all gold • An exciting new province 6 6
Slide 7: Significant increase in WBP JORC resource
Significant increase in WBP JORC Main heading resource • Gold discovered in 1886 For personal use only • Over 30 Moz produced from six conglomerate reefs • Global Mineral Resource Estimate = 3.26 Moz Au • Over 75% of Au in Measured and Indicated • Historic resource was 12.8 Moz Au* • DRD ceased mini
Slide 8: Gold production at Witwatersrand One
Gold production Main heading at Witwatersrand One For personal use only • Project commenced under government directive (June 2017) • Mining Kimberley Reef • Contract mining • Toll treatment • 12-15 month project life Monthly Production for December Milled1 (T) H-G 12,700t Milled2 (T) M-G 2,500t Ounc
Slide 9: WBP on self-sustaining footing
WBP onheading Main self-sustaining footing For personal use only In Dec 2017, the WBP remained on a self-sustaining footing: • Monthly production now averages 12-15kt high-grade ore (>2.1g/t Au) from Witwatersrand One prospect • Net monthly cashflow for Nov and Dec exceeded higher-end of A$200-250k
Slide 10: Open pit targets
Open pitheading Main targets For personal use only • Witwatersrand One was the first Witwatersrand Two mining within the area since 2000 • Five other open pit targets have been defined • Next opportunity - Witwatersrand Two • Main and South Reefs • Published exploration target 1 • 150 – 200Kt @ 5 –
Slide 11: Route to increased production
Route Maintoheading increased production For personal use only • 1,000 Oz Studies • Main & South • 9-12 • Mining to • Open pits and Au/Month • Environmental Reefs month commence underground • 12-15 Month Life • 12 month life process Wits Two mining planned • Social • < $US800 Cash • Water • 5-7 g/t
Slide 12: Historic geology: Pilbara and Kapvaal
Historic Main geology: heading Pilbara and Kapvaal • For personal use only Pilbara and Kapvaal Cratons were amalgamated as part of Archean Proto Continent. • Similar geologic histories • Witwatersrand Gold deposits created in sedimentary basins • Worlds biggest gold systems • Potential in Pilbara to
Slide 13: New frontier: Pilbara conglomerate hosted gold
New frontier: Pilbara Main heading conglomerate hosted gold For personal use only • Australia has been experiencing a 21st century gold rush • Australian projects show similarity to the famous Witwatersrand gold deposits • WWI has secured two exploration opportunities: • Tambina Mining Licences • Mt
Slide 14: Tambina: modern mining operation potential
Tambina: modern mining Main heading operation potential For personal use only Tambina has three GRANTED mining licenses: • Substantial exploration database acquired – drilling, geophysics, sampling • Sampling identified laterally continuous gold bearing conglomerates • Area of mapped conglomerates,
Slide 15: Mt Cecelia: Prospective address
Mt Cecelia: Prospective address Main heading For personal use only • Mt Cecelia project area pending granting in Q1 2018 • Conglomerates of the Lower Fortescue mapped • Good access due to Telfer Lower Gas pipeline Fortescue E50/5045 Grp • Exploration planning underway: • Mapping to confirm Hardey Gr
Slide 16: WWI vs select ASX peers
WWI vs heading Main select ASX peers For personal use only WWI undervalued relative to peers ASX Market Cap @ Gold Resource Mkt Cap / OZ Corporate Code 30/1/18 (A$m) (Moz) (A$/oz) Artemis Resources ARV 121 - - De Grey Mining DEG 46 0.41 113 DGO Gold DGO 7 - - Kairos Minierals KAI 34 0.28 121 Marindi
Slide 17: 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 18: Board and Management
Board Mainand Management heading For personal use only Board Michael Quinert • More than 30 years as a commercial lawyer, including three years with the Australian Securities Exchange Ltd and >20 years as a partner in a Melbourne law firm Executive Chairman • Extensive experience in assisting and ad
Slide 19: Corporate contacts
Corporate contacts Main heading For personal use only Andrew Tunks Simon Whyte Exploration Director Corporate & Investor Relations Ph: +61 400 205 555 Ph: +61 459 797 101 E: ajtunks@westwitsmining.com E: swhyte@westwitsmiming.com West Wits Mining Suite 1, Level 6, 50 Queen St Melbourne, Victoria 300
Slide 20: West Wits Mining
Main heading For personal use only West Wits Mining Suite 1, Level 6, 50 Queen St Melbourne, Victoria 3000
West Wits Mining — Investor Presentation (February 2018) on 6ix