West Wits Mining Limited · ASX:WWI
West Wits Mining — Investor Presentation (March 2023)
20 slides from West Wits Mining's investor presentation, March 2023
Slide 1: West Wits Mining
Ww WEST WITS MINING a ae eon AS =o Progressing strategic transformation into a mid-tier gold producer |_ ASX: WWI OTCQB: WMWWEF ASX: WWI | OTCQB: WMW WE
Slide 2: Disclaimer
Disclaimer uncertaintie These factors include, ar presentation or any 1 with further informatio ve been based on current expectations however, subject to ris differ m. jated with estimation ther matters not yet known te Jate any person regarding any error or omission or change in the ation made avai
Slide 3: Operational Advancement
West Wits Mining Operational Advancement Revenue opportunity of USD 2.6 billion? Assets: Assets: \W/itwatersrand Basin Project (\W/BP) near production (RSA) and Mt Cecelia Project green fields exploration (WAUS) WwBP wep : South Africa, Witwatersrand Revised DFS ‘eli erm Witwatersrand Basin Project
Slide 4: Corporate Snapshot
Corporate Snapshot Capital Structure (ASX) Shares on Issue Market Capitalisation @13¢ per share on 21/3/2023 Cash 21/03/2023 Enterpirse Value per ounce JORC Mineral Resource Estimate? (Gold) Mineral Resources include declared Ore Reserves ASX: WWI | OTCOB: WMWWF Unlisted Options 25M@$012 25M@$0.041
Slide 5: Experienced Leadership
Experienced Leadership Michael Quinert Hulme Scholes ASX-experienced One of SA's top legal commercial lawyer with professionals extensive involvement in specialising in mining assisting and advising and mineral law publicly listed mining companies ASX: WWI | OTCOB: WMWWF Peter O'Malley US-based inve
Slide 6: WBP: Environmental, Social & Governance (ESG)
\WBP: 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
Slide 7: Witwatersrand Basin Project, South Africa
Witwatersrand Basin Project, x ; South Africa Lee ® Potchefstroom Gap Over 100 years Gold production ys Located within world-renowned Witwatersrand Basin (SA) Central Rand historically produced over 247 million ounces mf Low geological risk Wolkom \ ois Soa Historic mine works underground inspection
Slide 8: Witwatersrand Basin Project
Witwatersrand Basin Project JORC Mineral Resource WBP Global Mineral Resource Estimate* Category Tonnes (M) Grade (g/t Au) Ounces Measured 881 460 1.449.000 Indicated 1126 419 1.517.000 eed = 21.06 438 2,967,000 Inferred 798 510 1.309.000 Total 458 4,276,000 Significant global Mineral Resource of 4.
Slide 9: Phase 1: Qala Shallows
Phase 1 Qala Shallows: Phase 1: Qala Shallows Robust Definitive Feasibility Study? + Focused mining: Kimberley Reef horizons, specifically KgA & KgB + Long Life-of-Mine + Avg in-situ Mineral Resource grade @ 4.26 g/t + Ave ROM grade @ 3.2 g/t Project Financials: = Steady-state AISC of US$962/0z ; 4-
Slide 10: Phase 1: Qala Shallows
Phase 1: Qala Shallows Project Progress Qala Shallows Boxcut oO LOM Decline System Existing Decline Slyping and Rehabilitation Early Stoping Panels Establishment Two-level Ore Drive oa = Critical infrastructure completed = Decline and box cut rehabilitation completed = On reef underground access pro
Slide 11: Phase 2: Project
Phase 2: Project 200 WBP - Project 200 Potential mining areas Scoping Study: fi Se *< Scheduled for 2023 to determine additional ir KS (in eat leader infrastructure Capex ; : ; " Additional infrastructure: Process facility Tailings storage facility Shafts and access points ASX: WWI | OTCOB: WMWWE
Slide 12: WBP: Uranium
\W/BP: Uranium enhanced value-add Uranium - Exploration Target Range Low High Tonnes (M) 10 22 Grade (ppm) U,O, 300 550 Content (Mlb) UO, 12 16 Notes ASX WWI | OTCOB: WMWWF WBP Bird Reef Exploration Opportunity to convert = a a 10 PCF4 significant Uranium sikees Exploration Target of 12 DE4 12-16mlb
Slide 13: Mt Cecelia Project, Western Australia
Mt Cecelia Project, Western Australia Up to $10M Joint Venture and Farm-In agreement with global Rio Tinto Exploration Tenements iio Bina: SEE Carawine Winu Discovery Cyprium Greatland 741m @ 0.52 g/t Au, 0.45% CU Newcrest ™ Rumble 1m Antipa = FEMG Encounter Others Rumble Resources Braeside-Waroo Pr
Slide 14: Mt Cecelia Project
WEW10004 WEW10001 Mt Cecelia Project Legend Cover 1 Metasediments I Silicified Metasediments Basalt Au git (0 -3.32) — Assay rightlegend Maiden Drilling Campaign Completed” + Primary EM Target SGC_1*: Significant intervals of gold mineralisation + Two drill-holes assay results received: + (WEW10001)
Slide 15: Why invest in West Wits
Why investin West Wits Significant enterpr falue growth potential WEBP - Robust DFS (17-year LoM) aimed at 55,000 oz p/a steady-state production? Mt Cecelia RTX JV & Farm-in up to $10M; up t hits 80% interest; Maiden drilling ignificant gold intercepts ASX: WW | OTCOB: WM WWF ASX:WWI OTCQB:WMWWEFE T
Slide 16: West Wits Mining
WEST WITS MINING WEST WITS MINING LIMITED info@westwitsmining.com +61 3 8692 9049 Level 6, 400 Collins Street, Melbourne, Victoria Australia 3000 INVESTOR RELATIONS Victoria Humphries +61 431 151 676 victoria@nwrcommunications.com.au Peter Taylor +61 412 036 231 peter@nwrcommunications.com.au ASX: W
Slide 17: Appendices
Appendices WEST WITSMINING ASX: WWI | OTCQB: WMWWF ‘
Slide 18: Appendix 1: Ore Reserve & Mineral Resource Estimate Statements
Appendix 1: Ore Reserve & Mineral Resource Estimate Statements Table 1: WBP (JORC) Ore Reserve Declared ore reserve of 3.2MT at 2.81g/t for 290 0000z Gold? ORE RESERVE STATEMENT FOR QALA SHALLOWS (JORC 2012) Ore Reserve Notes: 1. No Inferred Mineral Resources are included in the Ore Reserves. 2. The
Slide 19: Appendix 2: References
Appendix 2: References 1. The original report was “Wits Basin Scoping Study" which was issued with consent of the Competent Person. Mr. Andrew Pooley. The report was released to the ASX on 09/03/2022 and can be found on the Company's website (https://westwitsmining.com/). The Company is not aware of
Slide 20: Appendix 3: Fully Compliant BEE Ownership in SA
Appendix 3: Fully Compliant BEE Ownership in SA West Wits Mining Ltd (ASX: WWI) South African projects 33.4% owned by Black Equity Empowerment partner, Lilitha Resources (Pty) Ltd BEE partner plays active part in SA activities; C instrumental in W/BP's licensing S > q aa . b ; WEST WITS: yw \Srcas w
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