West Wits Mining Limited · ASX:WWI
West Wits Mining — Investor Presentation (July 2021)
18 slides from West Wits Mining's investor presentation, Jul 30, 2021
Slide 1: Investor Presentation July 2021
ABN 89 124 894 060 | A SX : W W I Investor Presentation July 2021 westwitsmining.com
Slide 2: Disclaimer and Competent Person
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: Company Strategy
Company Strategy Our aim is to build a safe and socially and environmentally responsible resources company that rewards all stakeholders by creating value through development of cost effective projects. 3
Slide 4: Investment Highlights
Investment Highlights ✓ GOLD FOCUSED COMPANY ➢ Significant resource of 3.55Moz JORC Mineral Resource at 4.26g/t Au1 ✓ PATERSON PROVINCE Witwatersrand Basin Project (“WBP”), South Africa. ➢ Strategic landholding in Paterson Province WA, adjacent to multiple RIO ➢ Highly prospective, 100% owned, green
Slide 5: Corporate Overview
Corporate Overview ➢ WWI is an Exploration and Development company focused on Australian and African projects ➢ Significant growth in share price underlines WWI Project’s potential however market value still Capital Structure significantly below peers Shares on Issue 1.4b ➢ Tight Shareholding Market
Slide 6: Experienced & Successful Board
Experienced & Successful Board Mining Engineer (MBA) with over 20 years of operations and project experience in South Africa, DRC and Jac van Heerden Zimbabwe. His experience has been gained on both underground and open pit mines with a focus in Managing Director gold, platinum and base metals. Jac
Slide 7: Management Team
Management Team Chartered Accountant and Certified Member of the Governance Institute of Simon Whyte Australia, Simon has extensive experience in mining, commodities and logistic CFO & Company Secretary industries which includes Tier 1 companies, BP Australia and Ernst & Young, and more recently sma
Slide 8: Witwatersrand Basin Project
Witwatersrand Basin Project ➢ WBP’s Mining Right granted July 2021 ➢ WBP is located within the world renown Witwatersrand Gold Basin, South Africa o The Witwatersrand Basin has historically produced over 247Moz, more than 35% of total global gold production o Specifically, West Wits’ Witwatersrand B
Slide 9: WBP – Kimberley East & Exploration
WBP – Kimberley East & Exploration Diamond-core drilling at Kimberley East ➢ KIMBERLEY EAST MINERAL RESOURCE – 1st Stage of Development o K9 reefs combined stand at 2.76Moz at 4.61g/t Gold in the Kimberley East area o The Qala Shallows DFS focuses on K9 reefs to a depth of 500m o Recently completed
Slide 10: WBP – Feasibility
WBP – Feasibility ➢ WWI aims to produce 60,000 oz per annum for more than 20 years ➢ Definitive Feasibility Study in progress focuses on Bird Reef the Qala Shallows at Kimberley East, completion Central August 2021 Bird Reef Central ➢ Underground inspection of historic mine works Main Reef shows exi
Slide 11: Mt Cecelia - Paterson Province Exploration
Mt Cecelia - Paterson Province Exploration ➢ Mt Cecelia project 100% owned, Paterson Province WA ➢ Located approx. 70kms west of Rio Tinto’s (“RIO”) WINU Project ➢ RIO to drill neighbouring Baton JV Project, highlighting the areas prospectivity8 ➢ Rumble Resources Limited (ASX: RTX) advancing Braesi
Slide 12: Mt Cecelia – Heliborne Electromagnetic Survey
Mt Cecelia – Heliborne Electromagnetic Survey ➢ 1,205km HEM survey lines flown by SkyTEM at 200m spacing ➢ HEM Survey delivered eight exploration target areas with four deemed high priority4 ➢ Ground based EM survey team onsite in August 2021 to better define high priority targets for optimised drill
Slide 13: Investment Proposition
TRANSFORM FROM A SMALL-CAP EXPLORER Investment Proposition TO A LOW COST GOLD PRODUCER Objective 1. Grow Mineral Resource and Declare Reserve ➢ K9A Exploration Target10 convert for Mineral Resource upgrade – Q2 2020 Completed ➢ Infill drilling Mineral Resource update for initial 5 year mine plan – J
Slide 14: Corporate Contacts
Corporate Contacts RYAN BATROS Investor Relations P +61 472 658 777 E ryan@alces.com.au WEST WITS MINING LIMITED E info@westwitsmining.com P +61 3 8692 9049 F +61 3 8692 9040 A Level 6, 400 Collins Street Melbourne, Victoria Australia 3000 14
Slide 15: Appendices
Appendices 15
Slide 16: Appendix 1: WBP JORC Mineral Resource Estimate
Appendix 1: WBP JORC MINERAL RESOURCE ESTIMATE Table 1: WBP Global JORC Mineral Resource Estimate (2g/t cut-off)1 Category Tonnes (M) Grade (g/t Au) Ounces West Wits has developed a 3.55Moz Au JORC (2012) Measured 4.91 4.33 683,000 compliant Mineral Resource base (Table 1) from surface diamond drill
Slide 17: Appendix 2: BEE Structure
Appendix 2: BEE Structure West Wits Mining Ltd ➢West Wits’ South African projects are (ASX: WWI) 33.4% owned by the Black Equity Empowerment partner, Lilitha 90% ➢The ownership structure provides that West Wits’ SA Project is “over- Lilitha West Wits empowered”, surpassing SA’s Mining (BEE Group) 10
Slide 18: Appendix 3: References
Appendix 3: References 1 The original report was “Restated JORC Resource of 3.55Moz Au for Mining Right” which was issued with consent of competent persons Mr Hermanus Berhardus Swart, it was released to the ASX on 23 July 2021 and can be found on the Company’s website (https://westwitsmining.com/).