WWI 14.3% 1.2¢ west wits mining limited

Ann: New Agreement Completed for Derewo-WWI.AX, page-19

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  1. 499 Posts.
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    The reserve is also listed @ 1.0g g/t cutoff in several of the announcements including the annual report. I can't remember exactly but I back calculated the average grade of the material between 1.0 and 2.0 g/t and it was something like 1.2g/t. Not particularly exciting but if the lower grade ore falls within the already designed pit then it could well make some decent money as I would expect processing costs are probably in the range of $US15-30/t (don't know much about SA gold mining...)
 
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