West Wits Mining Ltd has announced the delivery of first ore from its key project under development, the Witwatersrand Basin Project (WBP), situated in the West Witwatersrand Basin goldfield of South Africa.
The WBP is a major South African gold deposit with JORC MRE of 4.28 million ounces @ 4.58g/t Au. It is enroute to ultimately targeting production of up to 95 000 oz per year. The early mining initiative will build-up to a production rate of 5000 to 8000 per month, while the project development continues.
The delivery of the first ore signals a major milestone for WWI as the company progresses development of the newest gold mine to come online in South Africa, at a time when gold is trading at historic high prices.
Jac van Heerden, Managing Director, comments:
“This is an historic moment for West Wits as we deliver our first ore from our Witwatersrand Basin Project. I must compliment the team, whom were able to establish the site, rehabilitate the box cut and the declines and access the ore in a safe manner, all in a space of four months. This has created the benchmark and an example of how the remainder of the larger project will be executed.
“I also wish to thank our shareholders for their continuing support. We look forward to keeping the market up to date with activities on the ground as we step into our new phase as a gold producer.”
Read the article online at: https://www.globalminingreview.com/mining/22022022/west-wits-produces-first-ore-at-witwatersrand-basin-project/