Great News - very nice update for on track production - enjoy this @Linebacker11
Early Mining Initiative at West Wits’ Qala Shallows on track
HIGHLIGHTS
➢ Stage 1 Qala Shallows on track for early production in February 2022
➢ Key site infrastructure completed; including diesel and power supply, potable and service
water, security fences and offices
➢ Qala Adit box cut construction and rehabilitation, brow and adit support nearing
completion
➢ Qala Shallows secondary access, 12E Winze Shaft, rehabilitation for early access
completed allowing sampling and surveying of extended areas of underground workings
➢ Decline production equipment delivered and commissioned, including 10-tonne LoadHaul & Dump, Twin Boom Drill Rig and Utility Vehicle
Commenting on the Early Mining Initiative, West Wits Managing Director Jac van Heerden said: “The purpose of the Early Mining Initiative is to establish a mining footprint at the existing Qala Shallows, starting with the rehabilitation of the old Qala Adit box cut and decline. We remain on track with our set goal to extract between 5,000t and 8,500t per month starting in February 2022.”
West Wits Mining Limited (ASX: WWI) (“West Wits” or “the Company”) is pleased to report on progress made on the Early Mining Initiative at the Qala Shallows Project (stage 1 of the Witwatersrand Basin Project (“WBP”)), located on the Kimberly Reef package of the Witwatersrand Basin, South Africa. The Early Mining Initiative forms part of the first step in WBP’s Scoping Study Production Schedule released in August 20211
. The initiative is delivering on schedule with first ore earmarked for February 2022. The Company allocated an initial monthly production target of 5,000t to 8,500t Runof-Mine for the Qala Shallows Early Mining Initiative2
, building to 50,000t ore per month3
. The WBP is set to yield 1.56 million ounces of gold over a 22-year mine life, with output over 18 years of this period
averaging 80,000oz to 90,000oz per annum1
.
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