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West Wits Mining expects Witwatersrand mining right to be granted by September

West Wits Mining Limited (ASX:WWI) executive chairman Michael Quinert updates Proactive Investors on the gold company's development of its Witwatersrand Basin Project in South Africa.
 
The project's scoping study was recently approved by the mining regulator, putting the company "in the last lap" to obtain a mining right which it expects to receive in August or September. 
 
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.

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