West Wits Mining Limited · ASX:WWI
West Wits Mining — Investor Presentation (April 2009)
20 slides from West Wits Mining's investor presentation, Apr 23, 2009
Slide 1: West Wits Mining Limited Investor Update April 2009
For personal use only West Wits Mining Limited Investor Update April 2009
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: Executive Summary
Executive Summary Main heading For personal use only • West Wits Mining Limited (ASX:WWI) listed on ASX on 19 Dec 2007 raising $15m • Cash at bank at the end of the March quarter 2009 was $7.242m • Market Cap - A$12.0m fully diluted at a share price 7.5c (5 day VWAP) • Shares on Issue - 160,000,000
Slide 4: Board and Executives
Board Main and Executives heading For personal use only • Michael Quinert (Chairman) • Grant Ferguson (Executive Director) Technical Director (Mining) • Dick van der Walt (Non Executive Director) CEO of Mintails Limited, South African Gold and Uranium Tailings Retreatment Producer • Niel Pretorius (
Slide 5: Share Structure and Ownership
Share Main Structure heading and Ownership For personal use only • Market Cap A$12.0m (@ $0.075) • 160,000,000* fully diluted shares on issue at ASX • Cash at bank AUD$7.242 million Holder Name % 1. Mintails Limited 27.72 2. Queensland Marketing Mmgt 6.83 3. AMN Nominees Pty Ltd 6.42 4. Geotorm Inve
Slide 6: Historical Overview
Historical Overview Main heading For personal use only • Witwatersrand Basin has produced 40% of the world’s gold • Rich, continuous multiple reef ore bodies • WWI leases cover 20 km’s of Witswatersrand reef located within the north western part of the basin, west of Johannesburg, South Africa • Lea
Slide 7: Project Leases
Project Leases Main heading For personal use only
Slide 8: Exploration Strategy
Exploration Strategy Main heading For personal use only • The Company has three exploration models: o Near surface targets conducive to open cut mining - ‘low hanging fruit’ o Unmined section of reef – in tact reef from surface and remaining open at depth o Exploring parallel reefs – CRG “Halo theor
Slide 9: Conceptual Target Statement
Conceptual Target Statement Main heading For personal use only • Current conceptual gold target – 3.95 to 5.20 million ounces • Current conceptual uranium target – 17 to 22 million pounds • Conceptual target statement currently being reviewed to integrate increased geological understanding of projec
Slide 10: WWI Current Resources & Exploration Targets
WWI Current Resources & Exploration Targets Main heading For personal use only
Slide 11: Exploration & Resource Development Schedule
Exploration & Resource Development Schedule Main heading Initial Resource Detailed Resource Scoping Pre-Feasibility Feasibility Project For personal use only Exploration Estimation Exploration Estimation Studies Study Study Execution Progression subject to Resource Estimation Early May 2009 July 200
Slide 12: Near Surface Resources 2009
Near Surface Resources 2009 Main heading For personal use only Emerald Resource – Kimberley Reef, West Rand Consolidated Lease • Emerald Resource expected to be in production by end of 2009 • JORC Indicated and Inferred gold resource – 181,000 ozs @ 2.01g/t, across a 2km strike down to 85m • A 1km s
Slide 13: Near Surface Resources 2010
Near Surface Resources 2010 Main heading For personal use only Radiant Resource – Kimberley Reef, Rand Lease • Current JORC Indicated and Inferred gold resource – 271,000 ozs @ 1.71g/t, across 1.3km of strike, down to 300m • Will be developed in two stages • Near surface resources will receive a fol
Slide 14: Unmined 'virgin' reef targets
Unmined ‘virgin’ reef targets Main heading For personal use only Radiant Resource – Kimberley Reef, Rand Lease • Substantial underground mineralisation to receive follow up drill program in early 2010 • Underground access points have been investigated through existing historical mining infrastructur
Slide 15: Underground parallel reef targets
Underground Main heading parallel reef targets For personal use only The Big Picture • Central Rand Gold Plc – Halo Theory ¾ Currently 35.7 million ounces of gold ¾ Snowdens currently finalising Resource & Reserve upgrade at CRG • Main, Reef, South Reef & Main Reef Leader • Commander Target – DRD Le
Slide 16: Conclusion
Conclusion Main heading For personal use only Simple Strategy Continue on exploring near surface gold mineralisation with the prime focus on early cash flow generation Delineate “convertible ounces” Continue in expanding project pipeline Excellent Potential 20km of strike across the Witwater
Slide 17: Contact
For personal use only Contact Main heading
Slide 18: Appendices
Appendices 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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