West Wits Mining Limited · ASX:WWI
West Wits Mining — Investor Presentation (August 2023)
20 slides from West Wits Mining's investor presentation, Aug 7, 2023
Slide 1: Corporate Presentation August 2023
West Wits Mining For personal use only SOUTH AFRICA Near Term Gold Producer Corporate Presentation Qala Shallows, Witwatersrand Basin Project, August 2023 Gauteng Mining District, Johannesburg Michael Quinert : Chairman South Africa COPYRIGHT ©2023 ALL RIGHTS RESERVED ASX:WWI | OTCQB: WMWWF
Slide 2: Disclaimer
DISCLAIMER 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 could cause those acts, events and
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT § ASX-listed minerals exploration & mining company focused on gold / strategic metals § Management team experienced in building exploration & mining companies For personal use only § Internationally-based and investor-focused board § Two projects in stable jurisdictions § Revenue
Slide 4: Share Price & Volumes; Shareholder Breakdown
SHARE PRICE & VOLUMES SHAREHOLDER BREAKOWN ASX: WWI https://www2.asx.com.au/markets/company/wwi 5% For personal use only 48% 38% 9% BOARD & MANAGEMENT TOP 20 SHAREHOLDERS TOP 21-50 SHAREHOLDERS RETAIL TOP 10 SHAREHOLDERS Wingfield Durban Deep LP 9.03% Citicorp Nominees 5.31% BNP Paribas Nominees 2.8
Slide 5: Investor-Focused International Board
INVESTOR-FOCUSED INTERNATIONAL BOARD For personal use only Australia South Africa South Africa USA South Africa Australia WWI Chairman MLI WWI Executive WWI Non-Executive WWI Non-Executive WWI Non-Executive WWI Non-Executive Director/Head of Director Director Director Director Corporate Affairs Mich
Slide 6: Experienced Management Team
EXPERIENCED MANAGEMENT TEAM For personal use only Chief Operations Executive Manager Chief Financial Head of Geology and Officer/Country Manager Commercial Officer/Company Secretary Exploration (RSA) Keith Middleton Simon Whyte Martin Bevenlander Rudi Deysel Experienced Executive of ASX Chartered Ac
Slide 7: West Wits Mining Limited: Company Overview
WEST WITS MINING LIMITED : COMPANY OVERVIEW West Wits Mining is a dual-listed : ASX (WWI) & OTCQB (WMWWF) exploration and development company with a focus on two premier regions: For personal use only § Witwatersrand (South Africa) § Eastern Pilbara (Western Australia) West Wits is undertaking a str
Slide 8: West Wits Mining Limited: Project Summary
WEST WITS MINING LIMITED : PROJECT SUMMARY The South African Witwatersrand Basin Project, is a largely underground geological formation which surfaces in the Witwatersrand. It holds the world's largest known gold reserves and has produced over 1.5 billion ounces (over 40,000 metric tons) For persona
Slide 9: West Wits Mining Limited: Mining Targets
WEST WITS MINING LIMITED : MINING TARGETS West Wits Mining (West Wits) holds a mining right, (GP 30/5/1/2/2/10073 MR) granted in July 2021, for the Witwatersrand Basin Project (WBP) located approximately 15 km to the west of the city of Johannesburg in the Gauteng Province of South Africa. For perso
Slide 10: Witwatersrand Basin Project: Mineral Resource Estimate
WITWATERSRAND BASIN PROJECT (WBP) Mineral Resource Estimate WBP MINERAL RESOURCE ESTIMATE (JORC 2012) For personal use only § Significant global Mineral Resources of 4.28 Moz gold resource @ 4.58 g/t Au § 3 distinct Reef horizons: Kimberley Reef; Bird Reef; Main Reef § Prospecting Right approval exp
Slide 11: Qala Shallows Ore Reserve
WITWATERSRAND BASIN PROJECT (WBP) Qala Shallows Ore Reserve ORE RESERVE STATEMENT FOR QALA SHALLOWS AT 30 JUNE 2023 (JORC 2012)1 QALA SHALLOWS ORE RESERVE The updated DFS released to market (July 2023) For personal use only § Ore Reserve Tonnage Grade Content Content Reef Type § Reserve base increas
Slide 12: Qala Shallows: Fast-tracked Monetisation
QALA SHALLOWS Fast-tracked Monetisation Qala Shallows Financial Evaluation 1 AUG-22 JUL-23 US$1.7B REVENUE OPPORTUNITY For personal use only Total Revenue (USD) $ 1 170 million $ 1 709 million § Estimated peak funding of US$54m (ZAR 943M) over a three-year period Total Free Cashflow (USD) $ 268 mill
Slide 13: Qala Shallows – DFS on Kimberly Reef
QALA SHALLOWS –DFS on KIMBERLY REEF ROBUST DEFINITIVE FEASIBILITY STUDY § Gold produced: 924,000oz For personal use only § Steady-State production: 70,000oz p/a (9 years) § Ore Reserves : 4.03 million tonnes at 2.71g/t for 351,4000 oz gold § Life-of-Mine: 17.7 years RAPID PRODUCTION GROWTH Undergrou
Slide 14: The Value Proposition
THE VALUE PROPOSITION Qala Shallows Annual Production Schedule For personal use only § Qala Shallows robust DFS earmarked to produce 924,000oz1 § Advanced understanding of geology & project economics § Qala Shallows steady-state production of 70,000oz p/a1 § ESG baseline testing & environmental auth
Slide 15: WBP Work Program
WBP WORK PROGRAM Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Witwatersrand Basin Project For personal use only Short-term and med-term production plan completion Water Use Licence approved by Department of Water Affairs Explosive Permits approvals from South African Police Services Accurate reco
Slide 16: Mt Cecelia Project
MT CECELIA PROJECT For personal use only GREENFIELDS GOLD PROJECT Paterson East/ Pilbara Province Western Australia Mt Cecelia Project, Pilbara Province, Western Australia ASX:WWI | OTCQB: WMWWF
Slide 17: Mt Cecelia Project: Key Milestones
MT CECELIA PROJECT Key Milestones KEY MILESTONES For personal use only § 2018: Desktop study – re-interpretation of the regional geology and structure § 2020: Completed heliborne electromagnetic survey - identified 8 priority EM targets5 § August 2021: Completed ground geophysical MLTEM surveys: top
Slide 18: Mt Cecelia Work Program
MT CECELIA WORK PROGRAM Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 For personal use only Mt Cecelia Project Maiden Drilling Programme & results at target SGC_1 DHEM surveys at target SGC_1 Diamond drilling to test interpreted conductors at SGC_1 Further drill-testing at SGC_1also considering targets SG
Slide 19: Contact
For personal use only QALA SHALLOWS BOX CUT CHIEF OPERATIONS OFFICER INVESTOR RELATIONS South Africa Australia Rudi Deysel Keith Middleton Unit 8A, Sifon Industrial Park Level 6, 400 Collins Street 285 Sifon Street, Robertville Melbourne, Victoria +27 (0)78 680 2864 +61 438 101 102 Roodepoort Austra
Slide 20: References
REFERENCES 1. The original report was “Updates to Qala Shallows DFS provide improved results for Witwatersrand Basin Project” which was issued with consent of the Competent Person, Mr. Andrew Pooley. The report was released to the ASX in July 2023 and can be found on the Company’s website (https://w
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