West Wits Mining Limited · ASX:WWI
West Wits Mining — Investor Presentation (February 2020)
14 slides from West Wits Mining's investor presentation, Feb 3, 2020
Slide 1: West Wits Mining Limited Investor Presentation February 2020
Main Westheading Wits Mining Limited (ASX: WWI) For personal use only “Transforming world class mineral resources into Gold” Investor Presentation February 2020
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: Investment Highlights
Investment Highlights Main heading For personal use only 1. Gold Project – the Company has a JORC resource of 3.65m oz at 3.4g/t in the Rand Belt, South Africa. 2. Mining Right - in final stages of approval (~1Q 2020), the Company scheduled to complete feasibility studies by 3Q 2020 and project exec
Slide 4: Corporate & Market Overview
Corporate & Market Overview Main heading ➢ Gold Price hit 6-year high at USD 1,580/oz For personal use only ➢ Devalued SA currency against USD improves profitability ➢ Continued investment by Board & Management ~10% ➢ Tight shareholding Top 20 ~52% Capital Structure Shares on Issue 937.53m Options (
Slide 5: Experienced and Successful Team
Experienced and Successful Team Main heading Jac van Heerden Mining Engineer (MBA) with over 20 years of operations and project experience in South Africa, For personal use only CEO DRC and Zimbabwe. His experience has been gained on both underground and open pit mines with a focus Gold, Platinum an
Slide 6: Central Rand Goldfields
Central Rand Goldfields Main heading For personal use only ➢ Worlds biggest gold deposits, produced over 35% of global production, over 247 Moz of Au ➢ Central Rand Goldfield has produced WWI’s Witwatersrand Basin Project (WBP) ❑ Produced 41 Moz at ~5g/t ❑ Still significant areas of new ground under
Slide 7: WWI 3.65Moz JORC Resource and Kimberley East Target
WWI 3.65Moz JORC Resource and Main heading Kimberley East Target Category Ore Tonnes (Mt) Grade g/t Au Ounces Au ➢ Majority Measured & Indicated – 66% of 3.65Moz For personal use only Measured 12 3.65 1,420,000 ➢ Global MRE for West Wits @ 2g/t cut-off Indicated 9.1 3.37 988,000 ➢ Significant Explor
Slide 8: Mine Development – Low CAPEX
MineMain Development heading – LOW CAPEX ➢ Low CAPEX due to existing infrastructure Bird Reef Central - Circular Shaft For personal use only Main & South Reef – 6 Shaft ➢ NO PLANT - excess capacity in the region ❑ Harmony Gold Doornkop plant - 10km ❑ Sibanye Ezulwini plant - 45km ➢ Multiple targets
Slide 9: Mt Cecelia – Commence Exploration
Mt Cecelia – Commence Exploration Main heading For personal use only ➢ 100% owned - EL granted May 2019 ➢ Sits along a significant boundary (Vines Fault) in a region that includes major discoveries such as Telfer Au-Cu (Newcrest), Nifty Cu (Metals X), Winu (Rio Tinto) and Rumble Resources (RTR) Brae
Slide 10: Historical Milestones & Route to Growth
Historical Milestones & Route to Growth Main heading For personal use only ➢ 488,000oz Au ➢ Mt Cecelia ➢ 1.88Moz Au added to JORC Exploration added to JORC Resource ➢ WBP MR License granted Resource ➢ WBP Mining Application Right (MR) ➢ 600,000-1Moz ➢ A$665k raised ➢ WBP MR Finalised ➢ Acquisition o
Slide 11: WWI vs Select ASX peers
WWIMain vs Select headingASX peers Undervalued Relative to Peers OPPORTUNITY FOR For personal use only ASX-listed Explorers by Resource Size SIGNIFICANT ASX Resources Grade MV / Resource Market Cap Company Code (M'oz) (g/t Au) (A$/oz)* (A$'m) GROWTH Cardinal Resources Ltd CDV 6.99 1.13 $25.8 $180.3
Slide 12: Investment Conclusion
Investment Conclusion Main heading For personal use only TRANSFORM FROM A MICRO-CAP EXPLORER TO SMALL TO MID-TIER OPERATOR ➢ Objective 1 – Increase Mineral Resource ❑ Commence with infill drilling in South Africa – 1Q 2020 ❑ Obtain new exploration rights in Africa and Australia – 3Q 2021 ➢ Objective
Slide 13: Appendix 1: BEE Structure
Appendix 1: BEE Structure Main heading For personal use only West Wits Mining Ltd (ASX: WWI) Lilitha (BEE Group) 10% 90% West Wits Mining SA (Pty) Ltd 26% 74% West Wits MLI (Pty) Ltd ➢ West Wits’ South African projects are 33.4% owned by the Black Equity Empowerment partner, Lilitha ➢ The ownership
Slide 14: Corporate Contact
Corporate Contact Main heading Jac van Heerden For personal use only CEO Ph: +27 (082) 331-1043 E: jvanheerden@WestWitsMining.com Simon Whyte CFO Ph: +61 459 797 101 E: swhyte@WestWitsMining.com West Wits Mining Level 6, 400 Collins Street Melbourne, Victoria 3000
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