News

December 31, 2008

West Wits Moves To Within Sight Of First Gold Production

Our Man In Oz

No-one ever doubted that West Wits Mining would find plenty of gold on its tenements near South Africa’s gold capital, Johannesburg. What is interesting is the speed at which the Australian-listed explorer is getting through its ambitious drilling programme, the high quality of the assay results, and the rapid jump to a mine scoping study. If all goes well over the next few months, West Wits should be producing gold by the end of 2009, little more than two years since the company floated.

“We’re confident of hitting our target of first production by the end of 2009,” West Wits chief executive, Grant Ferguson, told Minesite’s Man in Oz. “We’ve completed 25 kilometres of drilling and now we’re pulling together all the assay results. The aim is to have an initial resource number out on our first target area in the March quarter.”

As part of the data assessment process one of a series of targets being pursued by West Wits on its extensive package of tenements located on the western...