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 7.24 Moz gold project at 4.00g/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 2.7 billion and its Phase 1 Qala Shallows’ Definitive Feasibility Study supports an underground mining operation with a robust rate of 4.6MT at 2.60g/t recovered grade for total production 944,000 oz Au over a 16.8-year Life-of-Mine. It is set at an average Steady-State production of 70,000oz per annum for 12 years at an AISC of US$1,181/oz. A Phase 2 is aimed at achieving a further substantial increase of production with an aspirational target of 200,000oz per annum.