West Wits Mining Limited
(ASX: WWI; OTCQB: WMWWF)

West Wits is focused on the exploration, development and production of high value precious and base metals for the benefit of shareholders, communities and environments in which it operates.

The company’s Witwatersrand Basin Project (WBP), located in the proven gold region of Central Rand Goldfield in South Africa boasts a 5.025Moz gold project at 4.66g/t. The Witwatersrand Basin holds the world’s largest known gold reserves and has produced over 1.5 billion ounces (over 40,000 metric tons), which represents about 22% of all the gold accounted for above the surface. The WBP presents a revenue opportunity of USD 2.6 billion and its Phase 1 Qala Shallows’ Definitive Feasibility Study supports an underground mining operation with a robust rate of 4.03MT at 2.71g/t recovered grade for total production 924,000 oz Au over a 18-year Life-of-Mine. It is set at an average Steady-State production of 70,000oz per annum for 9 years at an AISC of US$871/oz. A Phase 2 is aimed at achieving a further substantial increase of production with an aspirational target of 200,000oz per annum. 

In the Paterson Provence, Western Australia, a maiden drilling program at West Wits’ 100% owned Mt Cecelia Project was completed in December 2022  hitting significant interval gold mineralisation at its primary electro-magnetic target. Targeting gold, nickel and copper, the exploration program is managed by Rio Tinto (RIO) under a A$10M Farm-In/JV Agreement for RIO to earn up to 80% interest in the project. The district supports several world-class projects including Woodie Woodie manganese-, Nifty copper- and Telfer gold/copper/silver mines.