West Wits Mining Limited · ASX:WWI
West Wits Mining — Shareholder Meeting (December 2021)
21 slides from West Wits Mining's shareholder meeting presentation, Dec 16, 2021
Slide 1: West Wits Mining Investor Presentation
West Wits Mining Investor Presentation Progressing strategic transformation as mid-tier gold producer For personal use only Witwatersrand Basin Project (WBP), S.A. Mt Cecelia Project, AUS ASX: WWI
Slide 2: Disclaimer
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 3: Investor High Potential Snapshot
Investor High Potential Snapshot Stage 1 - more than USD $1.1 billion revenue opportunity1 For personal use only South Africa, Witwatersrand Western Australia, Eastern Pilbara Witwatersrand Basin Project (WBP) Mt Cecelia Project Significant resource: 4.28 million ounces of gold Up to $10M Farm-In &
Slide 4: Company Highlights
Company Highlights Opportunity for significant Share Price Growth For personal use only Capital Structure Pro- * Well positioned for 2022 upside forma Shares on Issue 1.57b 1.83b Market Capitalisation6 A$51.9m A$60.5m At closing share price of 3.3 cents on 15/12/2021 Cash A$4.7m A$12.1m as at 17/11/
Slide 5: Experienced Leadership
Experienced Leadership Michael Quinert Peter O’Malley For personal use only 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 c
Slide 6: Witwatersrand Basin
Witwatersrand Basin Over 100 years Gold production For personal use only 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 e
Slide 7: Cornerstone Witwatersrand Basin Project
Cornerstone Witwatersrand Basin Project Significant resource available on fully Opportunity to convert significant Uranium Exploration Target permitted mining area of 12-16mlbs7 into resource at Bird Reef Central For personal use only Enhanced value-add with gold resource 2 Bird Reef Central Kimberl
Slide 8: Witwatersrand Basin Project
Witwatersrand Basin Project Five mining targets identified with 4.28Moz resource @ 4.58g/t2 For personal use only 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 9: Robust Definitive Feasibility Study
Robust Definitive Feasibility Study1 Stage 1: Qala Shallows declared Ore Reserve Declared ore reserve of 3MT at 2.88g/t for For personal use only Substantial Maiden 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
Slide 10: WBP Operational Advancement 2021
WBP Operational Advancement 2021 Stage 1: Qala Shallows progress fast-tracked For personal use only Utilities Box cut construction Water/power Road widening/ sidewalls slyping 12-Winze rehab Early technical team access/surveying/sampling Brow support Steel arches/long anchors Site infrastructure ins
Slide 11: WBP Operational Advancement 2022
WBP Operational Advancement 2022 Stage 1: Qala Shallows progress fast-tracked For personal use only 3D representation of underground early works Main decline breakaway For main project commencement Early works stoping panel First stoping panel Decline slyping Existing decline rehabilitation for earl
Slide 12: WBP Operational Showcase
WBP Operational Showcase For personal use only 10t LHD cleaning the box cut roadway Early works equipment fleet 3 Box cut rehabilitation with support instalment Equipment for surface infrastructure 12
Slide 13: WBP Operational Showcase
WBP Operational Showcase For personal use only Early works service water plant Site offices and supervision vehicle Perimeter security fence with underground ventilation pipes Box cut construction crew 13
Slide 14: Mt Cecelia Project
Mt Cecelia Project Up to $10M Joint Venture and Farm-In Regional overview of Paterson Province agreement with global Rio Tinto Mt Cecelia highlighted in red For personal use only Joint Venture: Rio Tinto (RTX) commits significant expenditure to advance exploration and drilling in 20225 Located appro
Slide 15: Mt Cecelia Project Key Exploration Milestones
Mt Cecelia Project Key Exploration Milestones Eight SGC target zones For personal use only HEM survey: MLTEM survey: Maiden drilling eight exploration Top four priority campaign in target areas with drill targets 2022 field season four deemed (SGC1-4) defined high priority4 15
Slide 16: Why invest in West Wits
Why invest in West Wits Significant enterprise value growth potential For personal use only Ownership of two projects in stable jurisdictions with resilient board and management team WBP Stage 1 - Free Cashflow of USD 241m1 WBP near-production with potential growth to 80,000 ounces per annum3 WBP St
Slide 17: Investor Relations contacts
For personal use only 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.
Slide 18: Appendices
For personal use only Appendices
Slide 19: 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 For personal use only Ore Reserve Notes: 1) No Inferred Mineral Resources are includ
Slide 20: 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 For personal use only report was released to the ASX on 02 September 2021 and can be found on the Company’s websit
Slide 21: Appendix 3: Fully compliant BEE ownership in SA
Appendix 3: Fully compliant BEE ownership in SA FULLY COMPLIANT BEE OWNERSHIP West Wits For personal use only 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%
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