West Wits Mining Limited (ASX: WWI) announced the award of a new Prospecting Right at its flagship Witwatersrand Basin Project in Johannesburg, South Africa. This development boosts the Company’s Mineral Resource Estimate by 749,000 ounces to 5.025 million ounces of gold, with an improved global grade of 4.66g/t Au at a 2g/t cut-off, reported under JORC (2012) guidelines.
The addition of this Prospecting Right is a significant milestone for West Wits. Increasing the global MRE to over 5 million ounces strengthens the project’s economic potential and positions it for enhanced value creation for stakeholders. This strategic expansion reinforces West Wits’ commitment to advancing the Witwatersrand Basin Project as a world-class gold asset.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.