Any comment on whether they will find the 12.8MOz resource that was previously listed under the 1997 JORC Code, or is this a fantasy?
They are current at 5MOz at 4.66g/t JORC (2012 Code).
I hope more exploration is planned. In this report WWI expenditure was for mine maintenance, and surveying for mine infrastructure, with plan to mine in Q4 2025 (in about 4 months time).
###.*.co.uk/companies/news/194816/west-wits-mining-is-an-emerging-conglomerate-hosted-gold-producer-194816.html (2018) "Historical resource was 12.82 million ounces. The previous owners of the WBP leases had a historical mineral resource of 87.9 million tonnes grading 4.6 g/t for 12.82 million tonnes of gold. This resource was defined with the JORC Code 1997 and is not compliant with the JORC Code 2012.However, this resource has been used to derive a JORC 2012 compliant resource which stands at 29.6 million tonnes grading 3.4 g/t gold for 3.26 million ounces. This resource only includes ounces to a 1,500-metre depth from surface and does not include deep underground material."
WWI Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
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