ASX Announcement and Media Release

29 March 2021

ASX Announcement and Media Release

Monday, 29 March 2021

Appeals Dismissed

Environmental Authorisation Reinstated at WBP

West Wits Mining (ASX: WWI, "West Wits" or "the Company") is pleased to advise that it has received a positive outcome from the Department of Environmental Fisheries and Forestry ("DEFF") appeals process relating to West Wits' Environmental Authorisation ("EA") at the Witwatersrand Basin Project ("WBP") in South Africa.

South Africa's Minister of Forestry, Fisheries and the Environment has through a detailed written decision dismissed all three appeals lodged against the Department of Mineral Resources and Energy ("DMRE") EA approval.

The Minister's decision reinstates the DMRE's EA approval, initially granted 23 June 20201, and paves the way to complete the granting of the mining right application through the DMRE. The Company's team have already commenced re-engagement with the DMRE officers to now expedite the grant of the Mining Right.

West Wits Chairman, Michael Quinert commented, "The Minister's decision to re-instate West Wits' EA approval is a pivotal milestone for the Company and clears the pathway for the DMRE to finalise the granting of WWI's mining right at the WBP. The unconditional dismissal of the appeals is testament to the quality and thoroughness of the engagement process undertaken by our lawyers, specialist consultants and the executive team led by Managing Director Jac van Heerden."

West Wits Managing Director, Jac van Heerden commented "The reinstatement of the EA comes at an opportune time for WWI with the resource restatement and BFS on the Qala Shallows project area scheduled for April and July 2021 respectively. The successful completion of the EA process significantly de-risksthe project and is a major catalyst for execution of the next stage of the WBP's development strategy, allowing the WWI team to ramp up activity as the Company targets maiden underground gold production in 2021."

Authorised for release by the Chairman of the Company.

Michael Quinert

Chairman

West Wits Mining Limited

For Further information please contact:

Ryan Batros Investor Relations ryan@alces.com.au +61 (0) 472 658 777

www.westwitsmining.com

1. ASX Release: "Mining Right Application Update" on 15 July 2020

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West Wits Mining Limited published this content on 28 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2021 17:35:01 UTC.