Again, in the qtrly:"Alluvial OperationGood progress has been...

Again, in the qtrly:

"Alluvial Operation

Good progress has been made with regard to the establishment of a hydraulic alluvial operation at Derewo.

The topographic survey necessary for planning the operation was completed two weeks ahead of schedule. This survey
allows for the finalisation of a mine plan providing locations for water storage dams, tailings dams and settling ponds all forming part of the gravity circuit for processing the high grade alluvial gravels. The completion of this work allows the Company to begin evaluating what tonnages can be processed per month through the circuit.

The completion of this survey puts the Company ahead of the timeline to establish an alluvial operation by early 2012
and then ramp up production over the first quarter of 2012. As part of this timeline a logistics office has now also been established at Nabire providing a support base for Derewo from which to deliver materials, supplies, survey teams and exploration teams.

Further milestones achieved over the quarter included the Company receiving a 10 year extension to the granted
mining lease which contains the high grade alluvial gravels. This extension now provides the Company with security over this mining project until 2023 and paves the way for multiple alluvial circuits to be established over the longer term.

The Company also received the environmental approval required for the alluvial operation. The receipt of this approval leaves only the Forestry Permit to be obtained before mining can commence. The timeframe in which the
environmental approval was achieved provides the Company with further confidence as to the capacity of our local
team.

The process of obtaining the Forestry Permit has begun with local department officials meeting the Company’s
representative’s onsite last week. West Wits anticipates completing its permitting process by December 2011.

Preview for next quarter
Exploration

The establishment of the alluvial operation will also act
as a field base from which the regional exploration programs
will be managed. The base is in proximity to the Company’s primary Wopogi target.