West Wits Mining Limited · ASX:WWI
West Wits Mining — 121 Mining Investment Conference Hong Kong 2018
22 slides from West Wits Mining's conference presentation, Apr 23, 2018
Slide 1: ASX Announcement and Media Release: Investor Presentation
ASX Announcement and Media Release Monday, 23rd April 2018 For personal use only INVESTOR PRESENTATION West Wits Mining Limited (“WWI” or “the Company) has released an Investor Presentation for the upcoming 121 Mining Investment Conference in Hong Kong. For and on behalf of the Board Michael Quinert
Slide 2: West Wits Mining Limited Investor Presentation April 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 April 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: 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 5: WWI's strategy to create value
WWI’s strategy to create value… Main heading For personal use only + = Profitable Mid-tier Exploration Gold Gold Success Production Producer Gold production The team has Production WWI is the only ASX- in South Africa long Wits history updates and listed gold producer and exploring in and corporate
Slide 6: 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 (@ $0.024 @ 17/04/18) A$17.2m Cash (@ April 2018) A$2.0m 0.02 Enterprise Value (EV) A$15.2m 0.01 EV/oz A$4.7/oz 0 13/4/17 13/7/17 13
Slide 7: 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 6 6
Slide 8: 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 7 7
Slide 9: 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 = 3.26 Moz Au • Over 75% of Au in Measured and Indicated • Historic resource was 12.8 Moz Au* • DRD ceased mini
Slide 10: 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 Nov to Feb Milled1 (T) H-G 11,800t Milled2 (
Slide 11: WBP on self-sustaining footing
WBP onheading Main self-sustaining footing For personal use only In March 2018, the WBP remained on a self-sustaining footing: • Monthly production now averages >15kt ore (~1.75g/t Au) from Kimberley Central Open Pit prospect • Average net monthly cashflow for November to February exceeded higher-en
Slide 12: 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 13: Route to increased production
Route Maintoheading increased production Q1 For personal use only 2019 MINING RIGHT GRANTED • Open pits and • Building to underground mining full scale planned production AUGUST MINING PERMIT GRANTED • Mining to commence on M&S and Kimberley West Open Pits APRIL 2018 MINING RIGHT APPLICATION SUBMITT
Slide 14: 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 15: 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 16: 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 17: 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 18: Mt Cecelia: Prospective address
Mt Cecelia: Prospective address Main heading For personal use only • Mt Cecelia project area pending granting in Q2 2018 • Conglomerates of the Lower Fortescue mapped Lower • Good access due to Telfer Fortescue E50/5045 Gas pipeline Grp • Exploration planning underway: • Mapping to confirm Hardey Gr
Slide 19: 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 18/4/18 (A$m) (Moz) (A$/oz) Artemis Resources ARV 112 - - De Grey Mining DEG 65 1.20 54 DGO Gold DGO 9 - - Kairos Minierals KAI 30 0.14 222 Marindi
Slide 20: 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 21: 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 22: 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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