• - Geology of leases
• - Exploration Strategy
• - Conceptual Target
• - Reserve / Resource Statement
• - Resource & Target Summary
• - DRD Lease
• - Rand Leases
• - East Champ D'Or Lease
• - Luipaarsdvlei Lease
• - West Rand Consolidated Lease
• - West Wits Lease
• - Gallery

Exploration Strategy

West Wits is exploring existing mineralised reefs on the West Rand that have been the focus for successful gold and uranium mining operations over the last 100 years. The Company has focused on delineating near surface targets, conducive to open cut mining operations.

West Wits has, until this point, primarily concentrated on exploring for near surface gold mineralisation emanating from the Kimberley Reef Group, which straddles the entire Project Area. It is West Wits' belief this Reef Group, whilst being extensively mined at depth, may provide open cut opportunities closer to surface. However, West Wits' has also confirmed extensive uranium mineralisation at the Raptor Target, a section of Bird Reef, located on the DRD Lease.

West Wits has three types of exploration targets:

• near surface mineralisastion targets (less than 70m below surface) with open cut mining potential;
• unmined reefs with underground mining potential, particularly at shallow depths; and
• underground parallel reefs and remnant pillar recovery from historical mining activities.

Initial exploration programs have been completed at 6 near surface targets, as well as two deeper targets. Results achieved thus far from the near surface targets has given the Company sufficient encouragement that economic mineralisation exists near surface, validating the initial phase of the Company's exploration strategy. These programs continued to confirm near surface mineralisation and provided a 59,000 JORC Gold Reserve and a 426,800 ounce JORC Inferred, Indicated and Measured Gold Resource, over four near surface targets.

Longer term exploration over the Project leases will systematically be progressed to the Company's deeper more substantial underground targets. There is potential for significant underground mineralisation due to the presence of unexploited reefs which are open at depth. These Project Areas contain extensive underground workings which may potentially facilitate and minimise implementation costs in accessing the underground target reefs.