West Wits Mining Ltd (ASX:WWI) has generated promising results from the first phase of drilling on the uranium exploration target area of the Witwatersrand Basin Project (WBP) in South Africa.
Three diamond drill hole assays are of particular note to the company, providing evidence of the Bird Reef Central area's potential to host a uranium/gold project:
- 1.59 metres at 835 parts per million (ppm) uranium and 1.46 g/t gold from 85.11 metres, including 0.96 metres at 1,321ppm uranium and 2.30 g/t gold from 85.74 metres (Middle Reef);
- 1.2 metres at 108ppm uranium and 5.45 g/t gold from 104.61 metres, including 0.49 metres at 226ppm uranium and 12.15 g/t gold from 105.32 metres (White Reef); and,
- 1.26 metres at 221ppm uranium and 0.38 g/t gold from 77 metres, including 0.5 metres at 456ppm uranium and 0.80 g/t gold from 77.76 metres (Middle Reef).
“Phase one assay results from the uranium exploration program have confirmed the potential for Bird Reef Central to be a uranium/gold project,” West Wits Mining CEO Jac Van Heerden said.
“The opportunity is significant as it may allow for uranium to be mined concurrently with the gold-bearing reefs within the Bird Reef Sequence.
“The results provide confidence in the board’s strategy to advance uranium exploration at the WBP with the aim to convert the significant uranium exploration target to a JORC mineral resource estimate.”
So far, WWI has confirmed consistent uranium mineralisation over a 3.3-kilometre strike along the Bird Reef Central area, which includes the Monarch Reef, Middle Monarch Reef and White Reef zones.
The company believes this Bird Reef sequence may be host to a strike of more than 7 kilometres in total within the project area.
From here, West Wits intends to complete a second phase of infill drilling to support a JORC-compliant inferred category mineral resource estimate, with a keen focus on testing mineralisation at greater depths in the third phase of this exploration program.