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West Wits Mining Expands Gold Resources and Secures Key Funding Approval

7:03pm on Monday 2nd of June, 2025 AEST Mining
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West Wits Mining Expands Gold Resources and Secures Key Funding Approval

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • New Prospecting Right boosts Witwatersrand Basin Project MRE by 17.5% to 5.025Moz
  • Rudi Deysel appointed as Chief Executive Officer, effective December 2024
  • Credit approval received from one party for syndicated senior debt facility covering 50-60% of Qala Shallows funding
  • Definitive Feasibility Study targets 924,000oz gold production over 17.7 years
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