West Wits Mining Limited · ASX:WWI
West Wits Mining — RIU Explorers Conference 2026
25 slides from West Wits Mining's conference presentation, Feb 17, 2026
Slide 1: ASX Announcement: West Wits Mining Presentation, RIU Explorers Conference
ASX Announcement and Media Release Tuesday, 17 February 2026 West Wits Mining Presentation RIU Explorers Conference, Fremantle WA 2026 West Wits Mining Limited (ASX: WWI) advises that Board representatives will be attending the RIU Explorers Conference in Fremantle, WA from 17 - 19 February 2026. Ch
Slide 2: RIU Explorers Conference February 2026
RIU Explorers Conference February 2026 ASX:WWI For personal use only Unlocking Long-Life Gold Production in the Witwatersrand Basin Building the next South African Gold Producer Qala Shallows, Witwatersrand Basin Project, Gauteng COPYRIGHT ©2026 ALL RIGHTS RESERVED Mining District, Johannesburg, Sou
Slide 3: Disclaimer
Disclaimer Forward-looking Statements Competent Person Statements This presentation includes “forward-looking statements” as that term within the meaning of securities laws of The original report was “Updates to DFS provide Improved Results for WBP” which was issued with consent of the For personal
Slide 4: Why invest in West Wits
Why invest in West Wits Witwatersrand Basin Project (WBP) − South Africa Investment Highlights: Why West Wits For personal use only Near-Term Gold Production: Qala Shallows in underground development, first ore delivered (Oct 2025) and first gold targeted for March 2026 Fully Funded: A$51M Cash Bala
Slide 5: Company Snapshot
Company Snapshot For personal use only Metric Detail Primary Project Witwatersrand Basin Project (WBP), Gauteng, South Africa Ownership 74% West Wits MLI (Pty) Ltd (26% BEE Partner) Resource Base 7.24 Moz @ 4.0g/t11 Mine Type Underground gold mine Processing Toll treatment agreement with Sibanye-Sti
Slide 6: Corporate Snapshot
Corporate Snapshot Transforming into mid-tier gold producer Capital Structure (ASX:WWI) Shares on issue 4.32B For personal use only Listed Options (exercise price 3.85c, expiring 05/09/2027) 320M Unlisted Options (exercise price 11c, expiring 27/01/2029) 221M Various Unlisted Options (exercise price
Slide 7: Board & Executive Team
Board & Executive Team Michael Quinert Rudi Deysel Simon Whyte For personal use only Chairman (AUS) CEO (SA) / MD CFO / Company Secretary (AUS) ASX-experienced commercial lawyer with extensive Mining Eng. with Geophysics and MBA. Production Chartered Accountant and Associate Member of the involvemen
Slide 8: The Witwatersrand Basin Opportunity
The Witwatersrand Basin Opportunity South Africa’s Witwatersrand Basin − responsible for ~22% of global historic gold production ▪ Located in one of the world’s richest For personal use only and most productive gold regions ▪ Historic output: >1.5 billion ounces (40,000 tonnes) ▪ Established mining
Slide 9: Funding Secured for Growth
Funding Secured for Growth Fully funded to steady-state gold production ▪ AUD50.7M Cash Balance at 02/02/2026 (including $10M Tribecca cornerstone For personal use only investment, providing institutional validation) ▪ USD12.5M Nebari Loan Facility (part of a scalable US$35M package) ▪ Executed Seni
Slide 10: Qala Shallows: The Foundation for Growth
Qala Shallows: The Foundation for Growth Fully mobilised For personal use only Ore production commenced from underground workings Commissioned site infrastructure: power, ventilation, water, LHDs and drill rigs operational Building 30,000t ore stockpile to commence processing at Ezulwini Plant from
Slide 11: Qala Shallows − Strong Project Economics
Qala Shallows − Strong Project Economics Updated DFS completed in July 2025 by Gold Production Bara Consulting 2 1,000 80,000 Recovered Gold (OZ) For personal use only Ore Tonnes '000s 70,000 Base Case Financials (at US$2,850/oz): 800 60,000 600 50,000 ▪ Revenue: US$2.7 billion 40,000 400 30,000 ▪ F
Slide 12: Qala Shallows − Mining Inventory and Ore Reserve
Qala Shallows − Mining Inventory and Ore Reserve 2 Run of mine inventory Run of Mine Inventory (Inclusive Of Ore Reserves) 2 ▪ 1.03Moz Gold at 3.0g/t, inclusive of Ore Mineral Resource Tonnage Grade Content Content For personal use only Reserves Estimate Category (Mt) (g/t) (kg) (oz) Measured 1.4 2.
Slide 13: WWI − Gold Resources
WWI − Gold Resources11 WBP – Global JORC Mineral Resource Estimate as of 01 February 2026 Expansion Potential: Proven Mineralisation and Metallurgy Category Tonnes (M) Grade (g/t AU) Ounces For personal use only Measured 15.61 4.40 1 991 000 Indicated 26.81 4.03 2 020 000 Measured & Indicated 42.42
Slide 14: WBP − MRE and Ore Reserve Growth
WBP − MRE and Ore Reserve Growth Gold Ounces (Million) MRE 9 increases to For personal use only ▪ WBP tenement area Inferred Indicated Measured Ore Reserves 7.24Moz @ 4.0g/t Au11 previously held by 8 DFS updated DRD Gold which with 0.38 had a Historical MRE Boost US$2,850/oz 7 declared (2000 ASX Bir
Slide 15: WBP − Location and Growth Potential
WBP − Location and Growth Potential 2022 Scoping Study: 4 Development stages; Stages 1 – 4 Gold Projects (27-year LoM)4 For personal use only Stage 1 (Qala Shallows): DFS complete (17- year LoM)2 Recently granted PR 10839 adds 1.2Moz @ 4.38g/t Au11, providing a natural depth extension to the Qala Sh
Slide 16: Emerging Witwatersrand Basin Uranium-Gold Opportunity
Emerging Witwatersrand Basin Uranium-Gold Opportunity Bird Reef Central (BRC) Project For personal use only BRC demonstrates potential as standalone uranium–gold projects within the Witwatersrand Basin Located within West Wits’ Witwatersrand Basin Project, leveraging existing geological knowledge, i
Slide 17: Project 200 − Defining a Pathway to ~200koz p.a.
Project 200 – Defining a Pathway to ~200koz p.a. Transforming WBP into a scalable , Long-Life Gold Platform Scoping Study Underway For personal use only ▪ Independent Scoping Study commenced to assess expansion to ~200,000oz p.a. ▪ Bara Consulting appointed (building on Phase 1 trade-off analysis) ▪
Slide 18: Growth Program
Growth Program Unlocking Resource Potential Q1'26 Q2'26 Q3'26 Q4'26 Q1'27 Q2'27 Q3'27 Q4'27 Q1'28 Q2'28 Q3'28 Project 200 For personal use only Shallow Targets • Scoping Study • Data Collection • Feasibility Study Deep Targets • Scoping Study • Data Collection • Feasibility Studies Central Bird Reef
Slide 19: Qala Shallows Operational Build-Out
Qala Shallows Operational Build-Out For personal use only ASX:WWI COPYRIGHT © 2026 ALL RIGHTS RESERVED PAGE | 18
Slide 20: WBP Environmental, Social & Governance (ESG)
WBP Environmental, Social & Governance (ESG) For personal use only Local Enterprise Development: Partnering with community vendors for site catering and logistics Learnership Program: Skills development for local youth Transparency and Inclusion: Active engagement with Wards 40, 41, 42, 43, 44, 45,
Slide 21: Investor Relations
For personal use only INVESTOR RELATIONS SOUTH AFRICA AUSTRALIA Jessica Fertig Unit 8A, Sifon Industrial Park Level 6, 400 Collins Street 279 Sifon Street, Robertville Melbourne, Victoria ir@westwitsmining.com Roodepoort Australia 1709 3000 westwitsmining.com | info@westwitsmining.com ASX:WWI COPYRI
Slide 22: Appendix 1: Ore Reserve & Mineral Resource Estimate Statements
Appendix 1: Ore Reserve & Mineral Resource Estimate Statements Declared Ore Reserve of 4.6MT at 2.6g/t for 383,934oz Gold2 Table 1: WBP (JORC) Ore Reserve 2 Ore Reserve Notes: 1. No Inferred Mineral Resources are included in the Ore Reserves. Ore Reserve Statement For Qala Shallows (JORC 2012) 2. Th
Slide 23: Experienced Management Team
Experienced Management Team Martin Bevenlander Head of Geology & Exploration (SA) Lindiwe Magidimisa For personal use only Projects & Business Development Manager (SA) Geologist with expertise that spans across the entire mining cycle from greenfield exploration, and project development to BSc Chemi
Slide 24: Appendix References (1/2)
Appendix 2 References (1/2) 1. The original report was “WBP Global MRE Increases with New Prospecting Right” which was issued with consent of the Competent Person, Mr Hermanus Berhardus Swart. The report was released to the ASX on 16 December 2024 and can be found on the Company’s website (https://w
Slide 25: Appendix References (2/2)
Appendix 2 References (2/2) 7. The original report was “DFS Delivers Strong Results on 1st Stage of WBP Development” which was issued with consent of Competent Persons Mr. Andrew Pooley. The report was released to the ASX on 02 September 2021 and can be found on the Company’s website (https://westwi