PERTH (miningweekly.com) – ASX-listed West Wits Mining on Friday said that it would begin the process of obtaining a new prospecting right to the south of the recently granted mining right at its Witwatersrand Basin project (WBP), in South Africa.
“We are confident that we will be able to comply with the prospecting right compliance requirements, upon which we will reinstate substantial resources to our Qala Shallows and Deeps areas of the WBP which were reduced on the grant of our mining right in July,” said West Wits MD Jac van Heerden.
West Wits reduced and restarted the global mineral resource estimate for the WBP upon the grant of the mining right, with the project now estimated to host 25.91-million tonnes, at 4.26 g/t gold for 3.55-million ounces.
The company will now work on the submission of an environmental management plan, as well as a prospecting works plan to the Department of Mineral Resources and Energy as part of the standard application process.