West Wits Mining Limited (AU:WWI) has released an update.
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West Wits Mining Limited is set to significantly boost its gold resources as an appeal against its new Prospecting Right application for the Witwatersrand Basin Project was dismissed, paving the way for formal granting. This development is expected to materially enhance the company’s existing 4.28 million ounces Gold Mineral Resource Estimate, as well as extend the life of its Kimberly Reef mining operations. The granting of the new PR is anticipated to provide substantial value increase for stakeholders and solidify the project’s economic prospects.
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