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West Wits Mining Ltd.
Summary
| Project: | Witwatersrand | |
|---|---|---|
| Deposit: | Kimberley Reef | |
| Location: | South Africa | |
| Commodities: | Gold | |
| Date: | 8/28/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-8-2018: West Wits Mining Ltd. announces a Resource Estimation report for its Kimberley Reef deposit at the Witwatersrand project. Exploration target for Kimberley Reef. West Wits Mining Limited (“WWIs” or “the Company) announces a new exploration targe | |
| Resources: | Exploration Target: 6.5-8.0Mt @ 3.0-4.0g/t Au for 650Koz - 1000Koz Au contained | |
| CP/QP: | [Overall Report]: Hermanus Swart (Shango Solutions) | |
| ABSTRACT: | West Wits Mining Limited (“WWIs” or “the Company) announces a new exploration target for the K9A reef in the Kimberley East Project and examines the K9B component of the recently upgraded MRE at a range of cut-off grades to illustrate the robust nature of the resource in the context of underground operations Michael Quinert, Chairman commented: “The Kimberley East area offers West Wits a unique opportunity that arises from the differing mining history of the Kimberley Reef package across the area of the Mining Right Application. Essentially, the Kimberley reefs were extensively mined on the Western or DRD portion of our project however only limited mining of the same reefs occurred on the Eastern or Rand Lease’s portion. The recent MRE highlighted the considerable potential for the K9B reef which will form the basis of our first underground operation, importantly the K9A band is also mineralised and we are planning to commence a new resource estimate of this reef.” K9A Exploration Target The K9A reef sits 10m stratigraphically above the K9B reef and has been extensively mined on the historic DRD portion of the Witwatersrand Basin Project (Figures 1 and 2). A portion of the K9A reef is already included in the Global MRE however the new Exploration Target represents new areas not included in the current resource inventory (Figure 3). A new Exploration Target for the K9A reef within the Kimberley East area is published below (Table 1). The Exploration Target is based on an assumed 2.0 g/t cut-off, it utilises previous mining to the west of the area under consideration and the well understood geology of the Kimberley reefs where current open pit mining is taking place at the Kimberley Central Open Pit. | |
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