Wits Gold Limited is an active gold exploration company with substantial mineral resources in the world’s premier gold province, the Witwatersrand Basin in South Africa.
Location of Bloemhoek project area and neighbouring mines in the Southern Free State goldfield.
Why Invest in Wits Gold?
Fifth largest gold resource in the world (Canadian NI 43-101 compliant)
Exposure to gold and uranium
Evaluating six near mine projects
Indicated resources of 19.4 Moz gold (Canadian NI43-101 compliant)
Inferred resources of 130.4 Moz of gold in the Southern Free State, Potchefstroom and Klerksdorp Goldfields (Canadian NI43-101 compliant). Additional in-fill drilling in progress to further improve the classification of these resources
Positive scoping study of Bloemhoek Project (11.3 Moz indicated resources) –
pre-feasibility study due in April 09
Cash resources of R115 million (US$ 11.5m) as at 28 February 2009 - sufficient for 3 years
Management team with +50 years experience in the Wits Basin
Upside uranium potential (Canadian NI43-101 compliant inferred resources of 54.3 Mlb U3O8) in the Southern Free State Goldfield.
Why South Africa?
World’s largest gold producer for over 100 years. One third of all the gold ever produced in the world has come from the Wits Basin.
Established deep level mining skills and infrastructure
Click
to enlarge
JSE SENS Department:
