COMPANY PROFILE
Witwatersrand Consolidated Gold Resources Limited ("Wits Gold") (JSE: 'WGR') is a Johannesburg based gold exploration company with substantial resources in the world's premier gold province, the Witwatersrand Basin. Wits Gold has been granted 'new order' prospecting rights in eight key areas strategically positioned adjacent to active mining operations in the Southern Free State, Potchefstroom and Klerksdorp Goldfields. These prospecting rights cover a total area of 908 km2 and according to an independent review by Snowden Mining Industry Consultants, contain an estimated 158.8Moz of gold and 134 Mlb of Uranium. This represents one of the largest gold resources in the world, available to a single exploration and mining company. Although the majority of these resources are in the Inferred category, it is anticipated that, due to the size of these assets, the Company's shares will be highly leveraged to changes in the gold price as well as the exchange rate of the South African Rand. |
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AT A GLANCE
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SENS ANNOUNCEMENTS
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