news soon, page-2

Some more new snippets on West Wits Mining.

http://www.resourcestocks.com.au/profiles/archive/2009/Sept-Oct/startDownload.asp?

http://www.frigairexpo.co.za/index.php?option=com_content&view=article&id=260&catid=128&Itemid=150


FN Arena sent out an email to their subsribers last week :
Originally
formed as a JV between DRD Gold Limited and Mintails
Limited, West Wits is an emerging gold producer with a diverse asset
portfolio including uranium mineralisation, on the West Rand within the
Witwatersrand Basin, west of Johannesburg, South Africa. The West Rand
is known for its world class gold mines. The Company's tenure has a
combined 20kms of Witwatersrand Reef located within the north western
part of the basin. Historically, the Project Area has collectively
produced 61.4m ozs of gold and 37m lbs of uranium over the past 120
years.

The
Company
is
initially focused on creating cashflow from near surface gold
resources conducive to shallow opencut mining. Currently West Wits has
a 59,000 ounce JORC Reserve and a 352,000 ounce JORC gold resource
established from four near surface targets. The Emerald Project, is
planned to go into production within 4 to 6 months. As the Company
develops these near surface resources, its exploration program will
systematically progress to more substantial underground targets. West
Wits has produced a conceptual exploration target for the Company's
lease portfolio of; 3.95-5.20m ozs of gold, and 17-22m lbs of uranium.