Skip to main content
The Markets by Proactive
Go to Proactive Australia

Archive

West Wits Mining says Qala Shallows has potential to deliver substantial gold returns

West Wits Mining says Qala Shallows has potential to deliver substantial gold returns

West Wits Mining Ltd (ASX:WWI, OTCQB:WMWWF) chair Michael Quinert speaks with Proactive after unveiling a new and improved definitive feasibility study (DFS) for its Qala Shallows gold asset — a key building block within the company’s flagship Witwatersrand Basin Project near Johannesburg, South Africa. He says the update sets the scene for a substantially larger gold project. The revitalised study envisages a 38% jump in the asset’s recovered gold rates, setting the bar at 924,000 ounces over the project’s near-18-year mine life.