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West Wits Mining (ASX: WWI, OTC Pink: WMWWF) has announced its participation in the upcoming London 121 Mining Investment Conference. The company will showcase its flagship Qala Shallows Project in South Africa, which is Phase 1 of the Witwatersrand Basin Project (WBP).
The WBP, located in the Central Rand Goldfield near Johannesburg, contains a 4.28Moz gold resource with a grade of 4.58g/t. The project is situated in the world's largest known gold deposit, which has historically yielded over 1.5 billion ounces. With a projected revenue opportunity of USD 2.6 billion, the project encompasses three reef mining targets: Kimberley Reef, Main Reef, and Bird Reef.
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