WWI 14.3% 1.2¢ west wits mining limited

panned concentrate assay of 6,864 g/t au

  1. 2,042 Posts.
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    Its time to remind investors of the potential of West Wits Derewo Project in Papua Province.

    Under is from a company presentation in 2011 and it is all about to begin in earnest.

    Im excited and glad I have had the opportunity to average down in recent times.

    NAVYGULF

    •West Wits has acquired Derewo River Gold Project, Papua Province, Indonesia
    •Derewo is a high grade placer deposit with coarse gold nuggets occurring within alluvial gravels
    •Similar characteristics to early stage Porgera, Edie Creek, Wau, Mt Kare in PNG
    •World class copper/gold Grasberg complex 100km along strike
    •129,000 hectares of mining and exploration leases and applications
    •Exploration target - source of alluvial gravels
    •Historic Freeport data highlight three significant exploration targets
    •Significant panned concentrate assay of 6,864 g/t Au
    •Significant rock chips included 125 g/t Au, 19.1 g/t Au and 1.8% Cu
    •Target models – Porgera Zone 7 (20moz) and Wafi/Golpu (30moz) - PNG
 
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Mkt cap ! $40.66M
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1.4¢ 1.4¢ 1.2¢ $27.33K 2.109M

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1.4¢ 674741 2
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