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minerresourceoptimization

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📈 West Wits Secures Key Ground for South African Gold Mine Expansion Australian-listed West Wits Mining has made a major strategic move by securing key prospecting rights and expanding its footprint at the historic Witwatersrand Basin Project (WBP) in South Africa — positioning the company to grow production and strengthen its gold mining operations. • Strategic expansion: West Wits has acquired new prospecting rights adjacent to its current mining footprint, enhancing continuity with established ore bodies and reducing exploration uncertainty. • Historic gold district: The Witwatersrand Basin has produced over 40 % of all gold ever mined globally; the project’s expanded resource base now underpins long-term growth. • Production potential: Qala Shallows, now operational, is the first new underground gold mine in South Africa in ~15 years, slated to produce ~70,000 oz/year over ~17–18 years. • Path to growth: First ore has already been extracted, infrastructure is in place, and the first gold pour is scheduled for March 2026, laying groundwork for further expansions like Bird Reef Central. • Economic impact: The expanded operations are expected to create jobs and contribute significantly to the South African economy as West Wits evolves from developer to producer. “Reviving mining activity in the Witwatersrand — a globally iconic gold basin — signals renewed investor confidence and operational momentum in South African gold mining after years of stagnation. #WestWits #Witwatersrand #QalaShallows #MiningExpansion #MinerResourceOptimization $XAU $PAXG {future}(PAXGUSDT) {future}(XAUUSDT)
📈 West Wits Secures Key Ground for South African Gold Mine Expansion

Australian-listed West Wits Mining has made a major strategic move by securing key prospecting rights and expanding its footprint at the historic Witwatersrand Basin Project (WBP) in South Africa — positioning the company to grow production and strengthen its gold mining operations.

• Strategic expansion: West Wits has acquired new prospecting rights adjacent to its current mining footprint, enhancing continuity with established ore bodies and reducing exploration uncertainty.

• Historic gold district: The Witwatersrand Basin has produced over 40 % of all gold ever mined globally; the project’s expanded resource base now underpins long-term growth.

• Production potential: Qala Shallows, now operational, is the first new underground gold mine in South Africa in ~15 years, slated to produce ~70,000 oz/year over ~17–18 years.

• Path to growth: First ore has already been extracted, infrastructure is in place, and the first gold pour is scheduled for March 2026, laying groundwork for further expansions like Bird Reef Central.

• Economic impact: The expanded operations are expected to create jobs and contribute significantly to the South African economy as West Wits evolves from developer to producer.

“Reviving mining activity in the Witwatersrand — a globally iconic gold basin — signals renewed investor confidence and operational momentum in South African gold mining after years of stagnation.

#WestWits #Witwatersrand #QalaShallows #MiningExpansion #MinerResourceOptimization
$XAU $PAXG
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