West Wits Mining Limited · ASX:WWI
West Wits Mining — Africa Down Under Conference 2018
24 slides from West Wits Mining's conference presentation, Aug 29, 2018
Slide 1: ASX Announcement and Media Release
ASX Announcement and Media Release Wednesday, 29th August 2018 For personal use only INVESTOR PRESENTATION West Wits Mining Limited (“WWI” or “the Company) has released an Investor Presentation for the upcoming Africa Down Under Conference. For and on behalf of the Board. Michael Quinert Chairman We
Slide 2: West Wits Mining Investor Presentation
Main heading West Wits Mining Limited For personal use only (ASX: WWI) “Transforming world class mineral resources into Gold” Investor Presentation AUGUST 2018
Slide 3: 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 4: WWI's Strategy to Create Value
WWI’s Strategy to Create Value… Main heading For personal use only 3
Slide 5: Corporate
Corporate Main heading For personal use only Capital Structure 12-month Share Price Chart Shares on Issue 718m 0.04 Options (var ex prices & dates) 54m 0.03 Market Cap (@ $0.016 @ 24/08/18) A$11.5m Cash (@ June 2018) A$1.2m 0.02 Enterprise Value (EV) A$10.3m 0.01 EV/oz A$2.8/oz 0 25/8/17 25/11/17 25
Slide 6: Witwatersrand Basin and the Pilbara
Witwatersrand Basin and the Pilbara Main heading For personal use only Witwatersrand Basin Pilbara conglomerate hosted gold • Worlds biggest gold deposits • The gold rush of the 21st century • Produced over 40% of all gold • An exciting new province 5 5
Slide 7: Gold Deposits of the Central Rand
Gold Deposits of the Central Rand Main heading For personal use only • Central Rand Goldfield has produced over 247Moz and is still producing • WWI’s Project • Produced 41Moz at ~5g/t • Still significant areas of virgin ground, untouched by previous mining • Expansive open pit opportunities 6 6
Slide 8: Significant Increase in WBP JORC Resource
Significant Increase in WBP JORC Resource Main heading • Gold discovered in 1886 For personal use only • Over 41 Moz produced from six conglomerate reefs • Global Mineral Resource Estimate = 3.67 Moz Au • Over 2.4Moz Au in Measured and Indicated • Historic resource was 12.8 Moz Au* • DRD ceased mini
Slide 9: Gold Production at Kimberley Central Open Pit
Gold Production at Kimberley Central Open Pit Main heading For personal use only • Project commenced under government directive (June 2017) • Mining Kimberley Reef • Contract mining • Toll treatment • 12-15 month project life Average Monthly Production for Sept’17 – Jun’18 Ore Produced (T) 14,838 Or
Slide 10: Kimberley Central Open Pit Production & Rehab
Kimberley Central Open Pit Production & Rehab Main heading For personal use only • Rescheduling of the mine plan has Pit 3 operational until 2Q 2019 • Pit 1 Rehab is well progressed & scheduled for completion in Oct’18 • Rehabilitated areas allow development of low cost housing 9 9
Slide 11: WBP on Self-Sustaining Footing
WBP on Self-Sustaining Footing Main heading For personal use only As of June 2018, the WBP remained on a self-sustaining footing: • Monthly production now averages >15kt ore (~1.8g/t Au) from Kimberley Central Open Pit prospect • Project delivering free cash flow since November 2017 to fund on- goin
Slide 12: Open Pit Targets
Open Pit Targets Main heading For personal use only Main & South Reefs • Kimberley Central Open Pit was Central – Open Pit the first mining within the area since 2000 • Two additional Mining Permits are now sought • Next opportunities Kimberley West – Kimberley Central 1. Main & South Central Open P
Slide 13: Mine Planning
Mine Planning Main heading For personal use only Rho Gold Underground 2.2km strike M&S 6.0 km strike B&W 4.0 km strike Kimberley DRD Kimberley Underground RAND
Slide 14: WBP - Route to Increased Production
WBP - Route to Increased Production Main heading For personal use only
Slide 15: Community
Community Main heading For personal use only • Rehabilitation & Infrastructure o Sol Plaatjie Soup Kitchen & Community Development Center • Building the infrastructure of a local community development center • This center provides meals to the underprivileged and unemployed in the area, with a focus
Slide 16: Historic geology: Pilbara and Kapvaal
Historic geology: Pilbara and Kapvaal Main heading For personal use only • Pilbara and Kapvaal Cratons were amalgamated as part of Archean Proto Continent. • Similar geologic histories • Witwatersrand Gold deposits created in sedimentary basins • Potential in Pilbara to find similar undiscovered con
Slide 17: New frontier: Pilbara conglomerate hosted gold
New frontier: Pilbara conglomerate hosted gold Main heading For personal use only • Australia has been experiencing a 21st century gold rush • Australian projects show similarity to the famous Witwatersrand gold deposits • WWI has secured two exploration opportunities: • Tambina Mining Licences • Mt
Slide 18: Tambina: Modern Mining Operation Potential
Tambina: Modern Mining Operation Potential Main heading For personal use only Tambina has three GRANTED mining licenses: • 73 selective rock chip samples assayed, all returned all gold anomalies with 50 samples >0.5g/t and 12 samples >6g/t with highest being 185g/t • Substantial exploration database
Slide 19: Mt Cecelia: Prospective Address
Mt Cecelia: Prospective Address Main heading For personal use only • Mt Cecelia project area pending granting • Conglomerates of the Lower Fortescue mapped • Good access due to Telfer Lower Gas pipeline Fortescue E50/5045 Grp • Exploration planning underway: • Mapping to confirm Hardey Group • Detai
Slide 20: WWI vs Select ASX Peers
WWI vs Select ASX Peers Main heading For personal use only WWI undervalued relative to peers ASX Market Cap @ Gold Resource Mkt Cap / OZ Corporate Code 24/08/18 (A$m) (Moz) (A$/oz) Artemis Resources ARV 104.7 1.0 109.1 De Grey Mining DEG 59.9 1.2 49.5 DGO Gold DGO 14.7 1.0 15.3 Kairos Minierals KAI
Slide 21: Key takeaways
Key takeaways Main heading For personal use only • Strategic transformation to become a mid-tier gold producer with operations in the Witwatersrand Basin and Pilbara • Self-sustaining Witwatersrand Basin Project: • Ongoing production; • Grow resource; and • Securing mining rights • Leveraging the ge
Slide 22: Board and Management
Board and Management Main heading For personal use only Michael Quinert Hulme Scholes Daniel (Niel) Pretorius Vincent Savage Dr. Andrew Tunks Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director Exploration Director Board Since: April 2007 Board Since: March 2011 B
Slide 23: BEE Structure
BEE Structure Main heading For personal use only • West Wits’ South African projects have 33.4% ownership by the Black Equity Empowerment partner, Lilitha. • The ownership structure provides that West Wits’ SA Project is “over-empowered”, surpassing SA’s Mining Charter requirement of 26% and the sla
Slide 24: Corporate contacts
Corporate contacts Main heading Andrew Tunks For personal use only Exploration Director Ph: +61 400 205 555 E: ajtunks@westwitsmining.com Simon Whyte Corporate & Investor Relations Ph: +61 459 797 101 E: swhyte@westwitsmining.com West Wits Mining Suite 1, Level 6, 50 Queen St Melbourne, Victoria 300