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West Wits Mining brings South African gold to Proactive’s CEO Sessions

The company established gold producer status when it commenced open-pit mining in June 2017.

executive chairman Michael Quinert
West Wits has a 3.65-million ounce resource base it aims to develop

West Wits Mining Limited (ASX:WWI) is focused on developing its Witwatersrand Basin Gold Project in South Africa.

The project's scoping report was recently accepted by the mining regulator, enabling progression to the final stage of the mining licence submission process.

The Witwatersrand Project hosts a JORC resource of 3.65 million ounces grading 3.4 g/t gold which is the base for a full-scale mine development under the mining licence being progressed.

Chairman Michael Quinert will outline the company's strategy to investors at the Proactive CEO Sessions next month in Sydney and Melbourne.

READ: West Wits Mining banks Witwatersrand Basin receipts as it works on Paterson Province plan

West Wits also holds several Australian exploration projects with the company entering into a farm-in agreement with First Au Ltd (ASX:FAU) for the Pilbara-based Tambina project in March.

The company is also in the process of revealing an exploration plan for the Mt Cecelia Project located within the highly prospective Paterson Province of Western Australia.

The Paterson Province is highly prospective for gold and copper mineralisation and includes mining operations such as Metals X Limited’s (ASX:MLX) Nifty copper mine and Newcrest’s (ASX:NCM) Telfer gold mine

Register for the CEO Sessions today

Sydney details, Monday, June 3, 2019

Melbourne details, Tuesday, June 4, 2019

Also featuring at the Sydney session will be Global Energy Ventures Ltd (ASX:GEV), Emmerson Resources Ltd (ASX:ERM) and XTEK Ltd (ASX:XTE) while Global Energy and XTEK will also present in Melbourne.

Quick facts: West Wits Mining Limited

Price: 0.073 AUD

ASX:WWI
Market: ASX
Market Cap: $89.2 m
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West Wits Mining boss hails big boost to resource at Witwatersrand Basin Project

West Wits Mining Limited's (ASX:WWI) Jac van Heerden speaks to Proactive's Andrew Scott after announcing they've grown the gold resource at the Witwatersrand Basin Project (WBP) in South Africa by 700,000 ounces to 4.37 million ounces at 3.88 g/t gold. The lift in resources and 0.48 g/t increase...

on 21/10/20

2 min read