West Wits Mining Limited · ASX:WWI
West Wits Mining — Shareholder Meeting (November 2008)
20 slides from West Wits Mining's shareholder meeting presentation, Nov 20, 2008
Slide 1: West Wits Mining Limited Operations Update November 2008
For personal use only West Wits Mining Limited Operations Update November 2008
Slide 2: 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 3: Operations Executive Summary
Operations Executive Summary Main heading For personal use only • Conceptual target - 3.95 to 5.2 million ounces gold & 17-22 million pounds uranium • Completed 24.6km’s of drilling across 8 of 14 identified targets • WWI currently progressing three initial targets into the resource estimation phase
Slide 4: Strategy
Strategy Main heading For personal use only • West Wits Mining Limited is a resource development company aiming to delineate and exploit gold and uranium resources on our South African Witwatersrand leases. • The Company’s focus is to delineate near surface early cash flow opportunities by late 2009
Slide 5: Operations Strategy
Operations Strategy Main heading For personal use only Simple Strategy Continue on exploring shallow/near surface gold mineralisation with the prime focus on early cash flow generation Continue in expanding project pipeline Continue review of historical information (to date 9,000 maps scanned) Excel
Slide 6: WWI Exploration Targets
WWI Exploration Targets Main heading For personal use only
Slide 7: Conceptual Target
Conceptual Target Main heading For personal use only
Slide 8: Drilling Summary
WWI MainDrilling headingSummary For personal use only Diamond RC Total Target (m) (m) (m) Raptor 3,395 3,373 6,768 Marquise 1,163 170 1,333 Emerald 1,484 3,312 4,796 Turk 215 1,832 2,047 Princess 566 1,995 2,561 Radiant 4,065 1,139 5,204 DRD Black 439 439 DRDELSBURG 387 1,140 1,527 Subtotal 11,714 1
Slide 9: Gold Exploration Result Highlights
Gold Exploration Result Highlights (AuMain resultsheading to 60m depth maximum) For personal use only From To Intercept Au Target Hole_ID Comments (m) (m) (m) (ppm) Emerald* WRCKP024 31.5 35.5 4.0 7.68 Incl. 2m @13.95g/t Au WRCKP030 31.5 33.5 2.0 6.34 Incl. 0.5m @21g/t Au WRCKP032 19.5 22.5 3.0 6.04
Slide 10: Uranium Exploration Result Highlights
Uranium Exploration Result Highlights Main heading For personal use only From To Intercept U3O8 Target Hole_ID Comments (m) (m) (m) (kg/t) Raptor BD005 97.26 99.33 2.07 0.45 Incl. 0.22m @ 2.88kg/t U3O8 106.45 106.63 0.18 1.43 BD006 284.39 285.36 0.97 0.26 Incl. 0.34m @ 0.46kg/t U3O8 311.5 312.52 1.0
Slide 11: Exploration Model - Near Surface Targets
Exploration Model - Near Surface Targets Main heading For personal use only Emerald Target • Phase 1 Resource Calculation – January 2009 • Phase 2 Infill Resource Calculation – February/March 2009 • Scoping/Open Cut Study completion May 2009 Marquise Target • Assay Results – anticipated December 200
Slide 12: Exploration Model - Near Surface Targets (cont)
Exploration Model - Near Surface Targets (cont) Main heading For personal use only Princess Target • Assay results anticipated in December 2008 • Subject to assay results a geological/resource model will be undertaken in February with anticipated completion in March 2009 Turk Target • Drilling compl
Slide 13: Exploration Model – Unmined Reefs
Exploration Model – Unmined Reefs Main heading For personal use only 1. Radiant Target – Kimberley Reef, Rand Lease • Drilling completed, assay results pending, expected by December 2008; • Resource model anticipated completion in February 2009; • Pending results of resource, open cut and undergroun
Slide 14: Conclusion
Conclusion Main heading For personal use only • WWI has achieved its exploration goals for 2007/8 ahead of schedule and on budget • Exploration program undertaken thus far allows resource estimations to be undertaken early 2009 on four near surface targets • WWI is now moving into a data review and
Slide 15: Contacts
Contacts Main heading For personal use only Michael Quinert Grant Ferguson Chairman Executive Director Phone: +61 3 9824 8166 info@westwitsmining.com Suite 1, 1233 High Street, Armadale Victoria 3143 ASX: WWI
Slide 16: Appendices
Main heading Appendices For personal use only
Slide 17: Emerald Target Exploration Results
Emerald Target Exploration Results Main heading For personal use only
Slide 18: Raptor Target Exploration Results
Raptor Target Exploration Results Main heading For personal use only
Slide 19: Emerald Target Diamond Core
Emerald Target Diamond Core Main heading For personal use only WRCKD019 – Oxidised Kimberley conglomerate Reef Intercept at 52.5 – 53m downhole Assay Results Pending WRCKD020 – Unoxidised Large Pebble Kimberley Reef Intercept at 59 downhole Assay Results Pending
Slide 20: Radiant Target Diamond Core
Radiant Target Diamond Core Main heading For personal use only RLKPD020 – Kimberley Reef 9A band, significant sulphide mineralisation at 268m depth (downhole) Assay Results Pending RLKPD020 – Kimberley Reef 9B band, significant sulphide mineralisation at 279m depth (downhole) Assay Results Pending
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