West Wits Mining Limited

<p><strong>ABOUT WEST WITS MINING</strong></p><p>West Wits was originally formed to explore, evaluate and extract gold and uranium from project areas located on the Central Rand Goldfield of South Africa’s prolific Witwatersrand Basin. Historically, this project area collectively produced 31 million ounces of gold over 120 years. Witwatersrand Basin Project (WBP) is located fifteen kilometres west of the Johannesburg city centre, and its reefs have all been previously successfully mined using old-era technologies and processes. The fact that local operators are very familiar with the characteristics of Johannesburg’s reefs creates a high quality surrounding eco system for the West Wits operation, resulting in unusually low CAPEX costs. In addition, the WBP has immediate access to experienced and cost-effective service providers for tailings, refinery and other central process elements, creating an attractive All-In Sustaining Costs (“AISC”) paradigm.</p><p>West Wits Mining (ASX: WWI) is an emerging gold producer focused on unlocking the value of one of the world’s most prolific goldfields – South Africa’s historic Witwatersrand Basin.</p><p>The Company’s <strong>Witwatersrand Basin Project (WBP)</strong> is advancing through its first development stage, <strong>Qala Shallows</strong>, where first ore and a maiden gold pour in 2026 marked West Wits’ successful transition from explorer to producer. The project is fully funded for steady-state production of approximately 70,000 ounces of gold per annum, underpinned by a Definitive Feasibility Study that outlines a <strong>17-year mine life</strong>.</p><p>With a current <strong>JORC Mineral Resource of 7.24 million ounces of gold</strong>, West Wits is focused not only on delivering consistent production but also on unlocking significant long-term growth. Through <strong>Project 200</strong>, the Company is evaluating pathways to expand production to more than <strong>200,000 ounces per annum</strong>, leveraging its substantial resource base and strategic location in the heart of Johannesburg.</p><p>Located just 15 minutes from Johannesburg’s CBD, the WBP benefits from world-class infrastructure, access to skilled mining expertise, established processing solutions and proximity to key suppliers, providing a strong platform for efficient, scalable operations.</p><p>West Wits Mining is committed to responsible mining, operational excellence and the creation of long-term value for shareholders, employees, host communities and all stakeholders as it builds a sustainable gold mining business.</p>

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West Wits Mining

Qala Shallows of West Wits’ Witwatersrand Basin Project offers a revenue opportunity of more that USD $2.7 billion.

West Wits actively engages interested, impacted, and affected parties, community institutions, and provincial and national government offices to ensure progressive and mutually beneficial outcomes.

West Wits’ South African project is 26% owned by Black Economic Empowerment (BEE) partner, Lilitha Resources (Pty) Ltd.

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