West Wits Mining Limited · ASX:WWI
West Wits Mining — Sydney Resources Round-Up 2024
14 slides from West Wits Mining's conference presentation, May 2024
Slide 1: West Wits Mining – Sydney Resources Round-Up Corporate Presentation
WEST WITS MINING SOUTH AFRICA | NEAR TERM GOLD PRODUCER Sydney Resources Round-Up |Corporate Presentation | May 2024 Qala Shallows, Witwatersrand Basin Project, Gauteng ASX:WWI | OTCQB: WMWWF COPYRIGHT ©2024 ALL RIGHTS RESERVED Mining District, Johannesburg, South Africa
Slide 2: Disclaimer
DISCLAIMER FORWARD-LOOKING STATEMENTS COMPETENT PERSON STATEMENTS This presentation includes “forward-looking statements” as that term within the meaning of securities laws of The original report was “Updates to Qala Shallows DFS provide improved results for Witwatersrand Basin applicable jurisdicti
Slide 3: Why invest in West Wits
Why invest in West Wits ASX:WWI OTCQB:WMWWF Significant gold resource in the WBP – Mineral Resource Estimate WBP - Project 200 - significant growth Witwatersrand Basin Project (WBP) 4.28Moz Gold opportunity aimed to produce South Africa (70% measured & indicated categories)1 200 000oz Gold per annum
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT 1. Approx. $350k of additional funds expected to be received via settlement of Transforming into mid-tier gold producer 26M Excess Provisional Placement Shares issued to SBC Global upon, or before, expiry period (26 August 2024). CAPITAL STRUCTURE (ASX:WWI) Pre-Raise Pro-forma2 2.
Slide 5: Investor Focused International Board & Management Team
INVESTOR FOCUSED INTERNATIONAL BOARD & MANAGEMENT TEAM RSA SUBSIDIARY AUSTRALIA EXEC DIRECTOR / SOUTH AFRICA SOUTH AFRICA AUSTRALIA WWI CHAIRMAN HEAD OF CORP WWI NON-EXEC WWI NON-EXEC WWI NON-EXEC AFFAIRS DIRECTOR DIRECTOR DIRECTOR Michael Quinert Tozama Kulati Siwisa Hulme Scholes Jac van Heerden W
Slide 6: Witwatersrand Basin Project (WBP)
WITWATERSRAND BASIN PROJECT (WBP) ▪ Significant global Mineral Resource Estimate of 4.28 Moz gold @ 4.58 g/t Au1 GLOBAL MINERAL RESOURCE ESTIMATE (JORC 2012)1 ▪ 3 distinct Reef horizons: Kimberley Reef; Bird Reef; Main Reef (left image) Category Tonnage (Mt) Grade (g/t) Content (oz) Measured 8.8 4.6
Slide 7: Qala Shallows – Stage 1
QALA SHALLOWS – STAGE 1 ROBUST DEFINITIVE FEASIBILITY STUDY2 ▪ Gold produced: 924,000oz ▪ Steady-State production: 70,000oz p/a (9 years) ▪ Ore Reserves : 4.03 million tonnes at 2.71g/t for 351,400 oz gold ▪ Life-of-Mine: 17.7 years RAPID PRODUCTION GROWTH ▪ Critical infrastructure completed ▪ Decli
Slide 8: Qala Shallows – DFS Financial Model & Funding
QALA SHALLOWS – DFS FINANCIAL MODEL & FUNDING KEY FINANCIAL METRICS Gold Price DFS - Financial Evaluation2 US$1,850/oz DEFINITIVE FEASABILITY STUDY2 ▪ Post-Tax Free Cashflow of US$522m over Life-of-Mine Total Revenue US$ 1.7b ▪ AISC cost in lowest quartile at US$977/oz Total Free Cashflow US$ 522m ▪
Slide 9: Bird Reef Central: Uranium & Gold Opportunity
Bird Reef Central: Uranium & Gold Opportunity Presence of uranium mineralisation within the Bird Reef sequence provides significant opportunity for the BRC to become a joint gold and uranium operation BRC Uranium Project has the potential to become a standalone mine with URANIUM EXPLORATION TARGET4
Slide 10: Environmental, Social & Governance (ESG)
ENVIRONMENTAL, SOCIAL & GOVERNANCE (ESG) ENVIRONMENTAL STEWARDSHIP & BIODIVERSITY CONSERVATION ▪ Complete underground operation: low noise and dust levels ▪ Small footprint & surface infrastructure: low rehabilitation liability & minimal impact on surrounding environment ▪ Efficient water use model:
Slide 11: Mt Cecelia Project
MT CECELIA PROJECT Paterson Province / East Pilbara, Western Australia Up to $10m Farm-In Agreement with Rio Tinto Exploration to earn up 80% of project. GEOLOGY & MINERALISATION ▪ Regional geological setting is highly prospective & conducive to multiple possible styles of precious & base metal mine
Slide 12: westwitsmining.com | info@westwitsmining.com
Qala Shallows Box Cut CHIEF OPERATIONS OFFICER INVESTOR RELATIONS SOUTH AFRICA AUSTRALIA Rudi Deysel Keith Middleton Unit 8A, Sifon Industrial Park Level 6, 400 Collins Street 279 Sifon Street, Robertville Melbourne, Victoria +27 (0)78 680 2864 +61 438 101 102 rdeysel@westwitsmining.com keith@middle
Slide 13: Appendix 1: Ore Reserve & Mineral Resource Estimate Statements
Appendix 1: Ore Reserve & Mineral Resource Estimate Statements Table: WBP (JORC) Ore Reserve2 Declared ore reserve of 4.03MT at 2.71g/t for 351,424oz Gold2 Ore Reserve Notes: ORE RESERVE STATEMENT FOR QALA SHALLOWS (JORC 2012) 1. No Inferred Mineral Resources are included in the Ore Reserves. 2. The
Slide 14: References
REFERENCES 1. The original report was “WBP’s Global JORC Mineral Resource Expands by 724,000oz to 4.28MOZ at 4.58 g/t Gold” which was issued with consent of the Competent Person, Mrs Cecilia Hattingh. The report was released to the ASX on 3 December 2021 and can be found on the Company’s website (ht