WWI delivers an update on the progress of the Witwatersrand Basin Project

West Wits Mining Limited (ASX: WWI) is focused on improving its plans for the Witwatersrand Basin Project. WWI has decided to engage the services of Bara Consulting, independent mining engineers, to conduct an additional review and update of the previously released Definitive Feasibility Study (DFS) from August 2022.

Bara Consulting is updating the DFS of the Qala Shallows by incorporating new data from underground survey works, optimizing the mine plan, and considering updated market assumptions. The results of the updated DFS are anticipated to be released in July 2023 and are expected to significantly enhance the production and economic outcomes of the Witwatersrand Basin Project (WBP). In addition, the company has received Environmental Authorisation (EA) approval from the South Africa Department of Mineral Resources & Energy (DMRE) for the Prospecting Right (PR) application.

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