West Wits Mining (ASX:WWI) is an experienced gold exploration and development company focused on transforming world class mineral resources into gold. The Company plans to transition to a mid-tier gold producer from its flagship project in the Central Rand Goldfield of South Africa, the Witwatersrand Basin Project (WBP). The WBP contains a JORC Compliant 4.47Moz Au Resource @ 4.24g/t. The Company has commenced a DFS on the first stage of development and aims to be a 60,000oz Au per annum producer with first production by H2 2021. The WBP’s Mining Right was granted by South Africa’s Department of Mineral Resources & Energy in July 2021, a pivotal milestone for the Company which heralds in the development of WWI’s marque WBP.
The Company’s 100% owned Mt Cecelia Project located within the highly prospective East Pilbara and Paterson Province region of Western Australia sits approx. 70km’s west of RIO’s WINU discovery. A Helicopter Electro-magnetic (HEM) survey completed in 2020 has identified eight target areas, of which four have been classified as high-priority, for follow up in the 2021 field season.